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Govt set to approve allocation, redistribution of RE quota of 1,200MW for solar resources, PM says

Prime Minister Datuk Seri Ismail Sabri Yaakob said the Government is approving the allocation and redistribution of a renewable energy (RE) quota of 1,200MW for solar resources as an initial step to boost the country’s commitment in the energy transition.

$2.8-bln thermal power plant completed in central Vietnam

The 1,330-megawatt Nghi Son 2 Thermal Power Plant in the central province of Thanh Hoa, which can supply electricity to over six million households, has gone on stream.

Myanmar Junta Trumpets Continuing Flow of Natural Gas Revenues

Myanmar’s military junta earned more than $800 million from natural gas exports in the four months from April to July, the state-run Global New Light of Myanmar reported yesterday. The newspaper cited figures from the junta’s Ministry of Commerce claiming that the country exported 77.89 million kiloliters of natural gas during the above period, mostly […]

Vietnam’s green economic growth: From plan to action

According to the Ministry of Industry and Trade, coal-fired power will fall some 23,400 MW, and liquefied natural gas (LNG) power more than 24,300 MW while solar power will grow 33,000 MW, onshore wind power 23,000 MW and offshore wind power 28,500 MW by 2045. Therefore, it is necessary for Vietnam to develop policies that encourage investment in clean energies.

Finance Ministry says will stomach RM5.8b to keep power tariff at current rate despite higher costs

The Ministry of Finance today announced that it will pay RM5.8 billion to national power company Tenaga Nasional Berhad (TNB) to maintain electricity tariffs at the current rate so as not to burden Malaysians.

OCBC & NUS to study what makes S’poreans switch to electric vehicles

OCBC Bank and the National University of Singapore (NUS) will embark on a study to understand what can effectively nudge Singaporeans to switch to the use of electric vehicles (EV).

Petronas secures approval to realign Malaysian-Thai offshore licences

Malaysian upstream company Petronas Carigali has received approval to annex offshore acreages in Malaysia and Thailand, to deliver increased gas volumes in both countries.

Sabah set to regulate own electricity, gas supply

Sabah chief minister Hajiji Noor has set in motion plans for the state to regulate its own electricity and gas supply by setting up the Sabah Energy Commission (SEC) and take over Sabah Electricity Sdn Bhd (SESB).

About 1.2m S’porean households to receive one-off $100 utilities credit by September

About 1.2 million Singaporean households living in public and private residential properties will each receive a one-off $100 Household Utilities Credit by next month.

Solarvest unveils first RE fintech platform in Malaysia

Solarvest Holdings Bhd has launched Malaysia’s first renewable energy (RE) financial technology platform, Powervest. The company said Powervest was complementary to its solar financing solution and was established to promote RE adoption among commercial and industrial players via its zero initial cash outlay proposition.