The Singapore government is setting aside SG$49 million ($36.05 million) to drive research and development (R&D) efforts in low-carbon energy technologies such as hydrogen and carbon capture, utilisation, and storage (CCUS). It also announced an initiative to pilot a lithium-ion battery energy storage on a “floating” lab, utilising seawater to cool the battery cells.
Singapore has deployed its first utility-scale energy storage system at a substation in Woodlands, said the Energy Market Authority (EMA) on Thursday (Oct 22).
The customer will leverage the solution to ensure grid flexibility and reliability and further integration of renewables capacity.
Indonesia has mobilized three of its biggest state-owned enterprises (SOEs) and opened talks with two foreign multinationals to bring Southeast Asia’s largest economy into the world’s highly lucrative electric vehicle (EV) battery market.
Indonesia Asahan Aluminium, the state-owned mining holding company, has unveiled a $12 billion plan to create an integrated electric vehicle battery industry called Indonesia Baterai to spearhead its effort to become a global player in the green energy technology.
Contemporary Amperex Technology (CATL) and LG Chem, two of the world’s top producers of batteries for electric vehicles (EV), have signalled they may join projects that could see US$20 billion (S$27.2 billion) more invested in supply chains in Indonesia, according to the country’s government.
Indonesian state-owned mining company Mining Industry Indonesia (MIND ID) plans to partner with domestic utility and energy companies on a US$12 billion EV battery project that would leverage the Southeast Asian country’s nickel production.
Indonesia’s government is in early discussions with electric vehicles maker Tesla Inc TSLA.O about a potential investment in the Southeast Asia country, a major producer of nickel, an official said.
NSTDA in collaboration with KKU KMUTT KMUTNB and EVAT to find Thailand Energy Storage Technology Alliance (TESTA)
The Ministry of Higher Education, Science, Research and Innovation by National Science and Technology Development Agency, Khon Kaen University, King Mongkut’s University of Technology Thonburi, King Mongkut’s University of Technology North Bangkok in collaboration with Electric Vehicle Association of Thailand, signed a memorandum of understanding for Partnership Agreement among the founding institutes of Thailand Energy […]
The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply.