The World Bank’s Board of Executive Directors today approved a US$380 million loan to develop Indonesia’s first pumped storage hydropower plant, aiming to improve power generation capacity during peak demand, while supporting the country’s energy transition and decarbonization goals.

KUALA LUMPUR — Malaysia’s state energy company Petroliam Nasional (Petronas) and Japanese oil giant Eneos are exploring opportunities to develop a clean hydrogen supply chain between the two countries.

Reported on stock gains by Australia stockmarket listed Pan Asia Metals, details emerge about ambitions of the company to explore geothermal lithium, as well as hard rock lithium and tin.

HANOI, Aug. 23 (Xinhua) — Vietnamese automaker VinFast has tied up with Chinese company Gotion High-Tech to research and produce batteries for electric vehicles, Vietnam News Agency reported Monday. Under a newly-signed memorandum of understanding, the two companies will work on building the first lithium iron phosphate (LFP) battery plant in Vietnam, the news agency […]

A $1.1 billion joint-venture project by Hyundai Motor and LG Energy Solution to establish a 10GWh capacity battery cell plant in Indonesia under full blessing from the host country will be supplied with raw materials at favorable terms to help the Korean consortium gain fast ascension in the EV market of Southeast Asia.

Leading with a vision to channel innovative energy into future power, Global Power Synergy Public Company Limited (GPSC) has become the first ASEAN country to introduce an energy storage factory using SemiSolid technology. Located in Map Ta Phut Industrial Estate in Rayong Province, the new factory makes possible an annual power production capacity of 30 […]

JinkoSolar has been the No.1 PV brand in terms of module shipments for two consecutive years in Thailand, one of the most important solar markets for the company in Southeast Asia. As the No.1 PV module brand in Thailand, over 192MW of solar panels were provided by JinkoSolar with 38.4% of the market share. JinkoSolar’s […]

SEOUL — Hyundai Motor Group said on Thursday it will partner with LG Energy Solution to build an electric vehicle battery factory in Indonesia to secure a stable supply of battery cells for its EVs.

Hanoi (VNS/VNA) – The Ministry of Industry and Trade (MoIT) needs to study and direct Vietnam Electricity (EVN) to issue regulations on the transmission and distribution system to ensure the stable operation of the power system amid abundant wind and solar power sources, said Tran Viet Ngai, Chairman of the Vietnam Energy Association.

With the global energy storage system market expected to reach US$17.9 billion by 2027, battery energy storage systems are emerging as a good option to increase grid flexibility and reliability.