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Power sector bounces back; energy demand recovery to continue

MANILA, Philippines — Despite the slowdown caused by COVID-19, the Philippine power sector bounced back and nearly returned to pre-pandemic levels in 2021.

Techna-X to inject 100% of energy storage business into Singapore’s Chaswood for S$678.57mil

KUALA LUMPUR: Techna-X Bhd has signed a sale and purchase agreement with SGX-listed Chaswood Resources Holdings Ltd (CRHL) to inject 100 per cent of its energy storage business – HK Aerospace Beidou New Energy Technology Co Ltd (HKAB) – into CRHL for S$678.57 million (S$1=RM3.08).

Futureproofing TNB’s business via sustainability pathway 2050

As the world emerges from the impact of the Covid-19 pandemic, which has devastated lives and livelihoods over the last two years, now more than ever there is an urgent need to rebuild lives and economies in a manner that is sustainable — an imperative that resonates deeply with Tenaga Nasional Bhd (TNB). Responsible for […]

Adaro plans to build $728m aluminum smelter in Indonesia

Indonesian coal company PT Adaro Energy, through its subsidiary PT Adaro Aluminium Indonesia, has signed a letter of intent to construct a $728m aluminum smelter.

Green industrial park a catalyst for Indonesia’s economic transformation

JAKARTA: Several exciting investments in North Kalimantan province and the proposed relocation of Indonesia’s capital from Jakarta to East Kalimantan will trigger a seismic shift in the fortunes of the area.

Vietnam car company Vingroup starts work on $174 mln EV battery plant

Vietnam’s biggest conglomerate Vingroup said on Sunday it had started building a $174 million battery cell plant for its VinFast electric vehicles business so the company can own its battery supply chain.

Green agenda bodes well for Malaysia’s energy industry

The green agenda outlined in the 12th Malaysia Plan (12MP) bodes well for Malaysia’s energy industry as it moves in line with global transition towards clean and sustainable practices.

Vietnamese intertidal project comes onstream

Modern Energy Management (MEM) has achieved commercial operation for the 48MW Tra Vinh Wind Power (TWPC) intertidal wind farm project in Vietnam on behalf of project investors Climate Investor One and ST International.

Pertamina Aiming to Become Sustainability-driven Energy Player

TEMPO.CO, Jakarta – Indonesian energy company PT Pertamina (Persero) has said it is aiming to become a world-class sustainability-driven energy player through the implementation of Environmental, Social, and Governance (ESG) programs.

AC Energy 9-mo income up

AC Energy Corp. on Thursday reported double-digit growth in its nine-month consolidated net income on the back of continued recovery of electricity demand in Luzon and acquisition of power projects.