Local electricity products will boost industrial sector performance
Jakarta (ANTARA) – Industry Minister Agus Gumiwang Kartasasmita has said that he believes the local product utilization policy and the rapid development of electricity infrastructure will boost the national industrial sector’s performance.
Indonesia presses for TKDN certification for electricity products
Jakarta (ANTARA) – The government continues to encourage electricity products in Indonesia to have a local content requirement (TKDN) certificate in a bid to substitute imported products while fostering greater self-reliance in the local electricity industry.
Indonesia’s Jokowi charts green energy, tech for future industry
JAKARTA (The Jakarta Post/Asia News Network): President Joko ‘Jokowi’ Widodo announced on Thursday (Aug 26) a three-pronged strategy to boost Indonesia’s economic growth, providing insight into the direction of government policy over the remainder of his term in office.
Taiwan’s Foxconn links up with Thailand’s PTT for EV project
TAIPEI (Taiwan News) — Foxconn Technology Group will link up with Thailand’s state-owned oil and gas group PTT Public Company to become a force in electric vehicles (EV) in the Southeast Asian country by 2025, reports said Friday (Aug. 27).
Developer lines up support for Vietnam wind build
Modern Energy Management (MEM) has been appointed by Hero Future Energies (HFE) to provide owner’s engineer services for its 100MW wind farm project in Kon Tum province, Vietnam.
Tenaga Nasional’s 2Q net profit rises 25.75% to RM821.5 m, unveils goal of zero net carbon emissions by 2050
KUALA LUMPUR (Aug 26): Tenaga Nasional Bhd (TNB)’s net profit for the second quarter ended June 30, 2021 rose 25.75% to RM821.5 million, from RM653.3 million a year ago, due to higher operating profit.
Lagenda Properties partners Solarvest to build sustainable affordable township in Perak
KUALA LUMPUR (Aug 25): Lagenda Properties Bhd has appointed clean energy specialist Solarvest Holdings Bhd as its solar photovoltaic (PV) system partner to build the largest sustainable affordable township in Malaysia.
Eden recommences operation of Libaran Power Station for 3-year term
KUALA LUMPUR (Aug 16): Eden Inc Bhd’s wholly-owned subsidiary Stratavest Sdn Bhd (STV) has entered into a power purchase agreement with Sabah Electricity Sdn Bhd to further extend the operation of Libaran Power Station for another three years.
GlobalData: Southeast Asia to increasingly rely on LNG imports
Southeast Asia represents a key growth region for natural gas over the next decade as populations and economies continue to grow and several countries look to gas for meeting the ever-growing power demand. Despite the region being a net exporter of gas supported mainly by major gas producers Malaysia and Indonesia, strong demand growth could […]
Economic diversification gathers pace as oil reliance wanes: CSPS
BANDAR SERI BEGAWAN – Brunei has made “substantial progress” in diversifying its oil-driven economy in recent years, and should continue harnessing its strengths in energy to build an internationally competitive industrial sector, said the Center for Strategic and Policy Studies (CSPS).