Going green with infrastructure investments
As a growing number of people become acutely aware of the need to protect the environment, the demand for goods and services that are sensitive to such inclinations will undoubtedly increase. Green bonds, energy efficient buildings, solar parks, and wind farms are just some of the many initiatives that can help attain the goal of […]
Russian President Putin seeks Asian energy deals, LNG investment
Moscow — Russian President Vladimir Putin is in Singapore where he will be hoping to secure a bigger foothold for energy supplies and LNG investment among Asia’s fastest-growing economies. Bilateral talks between Putin’s delegation, including energy minister Alexander Novak, and delegations from some of the region’s biggest economies including Japan, South Korea and Indonesia are […]
Sindicatum Blockchain Technologies launches renewable energy investment platform Reneum
Paris, 12 November 2018. Singapore-headquartered Sindicatum Blockchain Technologies today launched its Reneum platform at the Paris Peace Forum. Reneum’s aim is to mobilise additional investments in renewable energy of $100bn by 2030, when 60 per cent of the world’s energy use should come from renewable sources if we don’t want to all fry from climate […]
Analysis: Trans-ASEAN gas projects losing relevance amid the fast-paced LNG growth
An ambitious project to link Southeast Asia with a network of natural gas pipelines is losing relevance to a much faster build-out of LNG import terminals as the region leans increasingly towards seaborne supplies. The Trans-ASEAN Gas Pipeline was first conceived in the 1980s to boost the region’s energy security using Southeast Asia’s own prolific […]
Grab raises $250 million from Hyundai and will partner on electric vehicles for Southeast Asia
Singapore-based Grab today announced that it has received a $250 million investment from Hyundai Motor Group, an infusion that brings its latest round of venture capital to $2.7 billion. In addition, Grab said it will partner with Hyundai to develop electric vehicle (EV) pilot programs across the eight countries it serves in Southeast Asia. “As […]
Cusi pitches for nuclear at ASEAN
Philippine Energy Secretary Alfonso G. Cusi was the lone minister who made a pitch for nuclear option for the Southeast Asian region in this week’s 36th ASEAN Ministers on Energy Meeting (AMEM) in Singapore. SHARING PH’S ELECTRIFICATION AGENDA WITH ASEAN – Philippine Energy Secretary Alfonso G. Cusi (3rd from right) has shared to participants at […]
Southeast Asia’s renewables held back by policy inaction: IRENA
In Southeast Asia, though, barring some exceptions such as in Thailand, support for renewables has been smaller, and the region lags far behind others in renewable output despite its potential, especially for solar, geothermal and wind power. New Delhi: Southeast Asia is a potential hotspot for renewable energy, yet the region has not met expectations […]
Japan’s Osaka Gas looks to Southeast Asia for LNG business
SINGAPORE (Reuters) – Japan’s Osaka Gas Co Ltd is considering expanding its Southeast Asia operations, a top executive said, tapping a region where natural gas demand is booming but domestic reserves are dwindling fast. Osaka Gas, one of the world’s biggest gas utilities and importers of liquefied natural gas (LNG), is increasingly turning abroad as […]
ASEAN Ministers call for stronger institutional ties with the IEA
Dr Fatih Birol, the IEA’s Executive Director, was in Singapore for the 36th ASEAN Ministers of Energy Meeting (AMEM), Singapore International Energy Week, and other related engagements. Dr Birol gave the opening presentation of the AMEM, discussing the various energy challenges facing ASEAN – especially energy security, investment, grid integration and energy efficiency – and […]
Low-cost renewables revolution is coming to Southeast Asia
New analysis from Carbon Tracker shows it could be cheaper to build new renewable energy sources than to operate existing coal-fired power plants in Southeast Asia within 10 years. There are three inflection points that will make coal power economically obsolete: new renewables outcompete new coal; new renewables outcompete operating existing coal; and new firm […]