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TNB and Petronas to work together on green energy plans

Tenaga Nasional Bhd (TNB) has announced plans to work with Petroliam Nasional Bhd (Petronas) to conduct feasibility studies on hydrogen and carbon capture in an effort to unlock RM10 billion in commercial value by 2035.

Takiyuddin: 100pc use of renewable energy proposed for Redang, Perhentian, Tioman islands

Three islands in the country are being proposed to be green energy islands, using 100 per cent renewable energy, said Energy and Natural Resources Minister Datuk Seri Takiyuddin Hassan.

After 34-Year Gap, the Philippines has a Nuclear Facility Again

After more than three decades, the Philippines is again operating a nuclear facility. In 2014, a proposal was accepted to utilize fuel elements of a shutdown research reactor for training and education, which the IAEA has been supporting through a series of technical cooperation projects. In the first project that launched in 2016, the IAEA assisted […]

Singapore and Brunei to boost cooperation in energy, green economy, food and medical supply resilience

Singapore and Brunei will deepen cooperation in the areas of energy, the green economy, and food and medical supply resilience, the Ministry of Trade and Industry (MTI) said on Wednesday (Aug 24).

Govt needs private investment to achieve energy transition target: BI

Private investment was crucial to support the government in achieving energy transition towards low-carbon development by 2030 and net-zero emissions by 2060, Bank Indonesia’s (BI’s) Sustainable Finance Working Group (SFWG) President Haris Munandar stated.

PUB plans to launch inaugural green bonds in August

Singapore’s national water agency PUB plans to launch its inaugural green bonds later this month. The bonds will be part of a new S$10 billion multicurrency medium-term note programme, the agency said on Thursday (Aug 18).

Malaysia’s Tenaga to invest $4.5 bln a year to speed energy transition

Malaysian utility Tenaga Nasional Bhd (TNB) (TENA.KL) said on Wednesday it was aiming for capital expenditure of about 20 billion ringgit ($4.48 billion) annually till 2050 to fast track its energy transition plans.

RATCH to acquire Nexif Energy portfolio

Denham Capital and Nexif have signed a share sale agreement with Thailand’s RATCH Group for Nexif Energy’s portfolio of renewable energy and storage assets in the Asia Pacific.

JERA takes stake in Vietnamese renewables player

ERA, through its subsidiary JERA Asia, is taking a stake in Vietnamese renewable energy producer Gia Lai Electricity Joint Stock Company (GEC).

Petronas: VFP approves RM1.6bil funding as of July 2022

The Petronas Vendor Financing Programme (VFP) continues to make positive impact on the industry with more than 260 applications and RM1.6 billion worth of funding approved as of July 2022.