ASEAN members to finalize agreement on EV ecosystem: minister
Jakarta (ANTARA) – Indonesian Foreign Affairs Minister Retno Marsudi has informed that several agreements will be sealed during the 42nd ASEAN Summit in May this year, including the one on the development of electric vehicles (EVs).
Vitol Says Achieved Milestone LNG Orders from Finland, Philippines
Vitol Group said Monday it had delivered the first liquefied natural gas (LNG) cargo to Finland’s first LNG terminal and that another LNG shipment has embarked for the Philippines in what is also a first for the Southeast Asian country.
JBIC Signs $300 Million Loan Agreement With Vietcombank For Renewable Energy Projects In Vietnam
The Japan Bank for International Cooperation (JBIC) has signed a loan agreement with the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to set up a credit line of up to USD 300 million for renewable energy projects in Vietnam. JBIC’s portion of the credit line is USD 165 million, with the remainder […]
Fluence concludes 570MW Philippines energy storage portfolio
Energy storage services provider Fluence Energy has completed a 570MW energy storage portfolio in the Philippines.
G Capital to raise up to RM113 million to part-finance its Perak power plants
G Capital Bhd is planning to undertake a rights issue to raise up to RM112.88 million to part-finance its 20MW mini-hydropower plant projects in Perak.
92% of households in Cambodia get access to electricity: survey
PHNOM PENH (Xinhua): Ninety-two per cent of households in Cambodia have access to electricity, including 99 per cent in urban areas and 88 per cent in rural areas, said the 2021-2022 Cambodia Demographic and Health Survey released on Tuesday (April 4).
Singapore, US to study feasibility of regional energy connectivity
The Singapore Ministry of Trade and Industry, the Energy Market Authority, and the United States Department of Energy will be conducting a feasibility study on regional energy connectivity.
Malaysia’s Proton Plans for Comprehensive New Energy Vehicle Solutions
Malaysian national car maker Proton said Monday its New Energy Vehicle (NEV) model plan is confirmed during the visit by Minister of International Trade and Industry (MITI) Tengku Zafrul Aziz to Zeekr Intelligent Factory in Hangzhou Bay, Ningbo, China.
Electricity prices will rise: industry minister
The Ministry of Industry and Trade is considering an electricity price hike following the huge loss reported by state utility Vietnam Electricity (EVN) for last year.
Philippines sets June auction for new 11,600 MW renewables capacity
MANILA, April 4 (Reuters) – The Philippines will in June auction rights to build up to 11,600 megawatts of new power capacity from renewable sources in the next three years, the Department of Energy said, as it seeks to gradually reduce its reliance on coal.