Indonesian geothermal power plant worth USD 700m begins operation

A geothermal power plant in Indonesia that absorbed an investment of more than USD 700 million (EUR 618m) has achieved its commercial operation date on December 26, 2021, it was announced on Friday.

How Can Investors Seize Vietnam’s Wind Power Potential

Following Vietnam’s recent net-zero pledge by 2050 at the Conference of the Parties (COP26), to the United Nations Climate Change Conference (UNFCCC), Vietnam has been making significant progress in renewable energy adoption, particularly in wind energy.

Brace for new wave of oil price hikes

For the second round this January, Filipino consumers will need to shell out higher budgets for their fuel consumption next week as pump prices are anticipated to go up again, based on the initial calculation of the oil companies.

Minister assures new electricity tariff won’t burden the people

The government has given assurance that the new electricity tariff for this year until 2024 will not burden the people. The Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan said the new tariff would benefit nearly 85 per cent of domestic account holders out of eight million account holders nationwide.

Singapore’s industrial champions are rewriting their playbook

The triple shock of the pandemic, disruptive tech and climate change is pushing Singapore to rewrite one of the world’s most successful economic models.

Min Aung Hlaing touts electric train plans as Myanmar suffers daily blackouts

Myanmar is not generating enough power to supply its factories and homes, and the country faces daily hours-long blackouts, but its dictator Min Aung Hlaing is dreaming about electric trains and cars.

Renewables get a lift in Thailand

We believe that Thailand will experience robust growth in non-hydroelectric renewable energy, in line with its declaration at the COP26 climate talks of a goal to become carbon neutral by 2050.

Takiyuddin: SAVE 3.0 programme offers e-rebate of up to RM400 for purchase of energy-efficient electrical appliances

The Sustainability Achieved via Energy Efficiency (SAVE) 3.0 programme offers e-rebate of up to RM400 for the purchase of energy-efficient electrical appliances this year, says Datuk Seri Takiyuddin Hassan. The Energy and Natural Resources (KeTSA) Minister, when launching the programme on Friday (Jan 7), said SAVE 3.0 was expected to benefit 140,000 households in the […]

Singapore should prepare itself to capture opportunities in green economy: PAP MPs

There are opportunities to be reaped in the world’s quest to rely less on fossil fuels, and Singapore should start preparing itself to capture them, a group of People’s Action Party (PAP) MPs have urged.

Vietnamese Car Maker VinFast Invests In Israeli Electric Vehicle Battery Startup

VinFast, the automobile arm of Vietnam’s largest conglomerate Vingroup, has led an $80 million funding round for Israeli electric vehicle battery developer StoreDot. The deal is expected to help VinFast secure fast-charging batteries for its own EVs as it prepares to launch in the U.S.