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ASEAN countries lag on renewable energy

The bad news is that oil prices have gone up after years of low prices. The good news is that this will drive green energy up to its highest levels in the next decade or sooner. It is good to note that the rising prices of oil have prompted tidal moves towards renewable energy development, […]

Asean energy ministers renew push to go green

SINGAPORE – Asean has exceeded its energy efficiency goals, reducing its energy intensity by more than 20 per cent in 2016 compared to 2005 levels, well ahead of its 2020 target. The grouping, which Singapore chairs this year, also said that it would set up green building codes for the entire region, and that it […]

ASEAN inks deal with IRENA for rapid renewable energy development

IRENA will support renewables projects with its project facilitation platforms. The Association of Southeast Asian Nations (ASEAN) and the International Renewable Energy Agency (IRENA) inked a memorandum of understanding (MOU) formalising a partnership aimed at scaling up renewable energy deployment in the region. According to an announcement, IRENA will support the ASEAN’s pursuit of 23% […]

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 […]

ASEAN regasification capacity to grow 77% in next decade

ingapore — The Association of Southeast Asian Nations (ASEAN) is likely to add nearly 77% in regasification capacity over the next decade as member countries build LNG import terminals to meet growing energy demand, according to data from the ASEAN Council on Petroleum. The growth in Southeast Asia’s regasification capacity will be both in terms […]

ASEAN steps up energy cooperation

HÀ NỘI — ASEAN countries will step up cooperation and share resources to ensure energy security through expanding power grid connectivity and developing renewable energies. The commitment was made by ministers and deputy ministers in charge of energy of the ten member states of the Association of the Southeast Asian Nations (ASEAN) at the 36th […]

Auction for early stage geothermal development areas in West Sumatra, Indonesia

Indonesia’s Ministry of Energy and Mineral Resources through EBTKE is launching an auction for geothermal preliminary and exploration survey areas (WPSPE) in Bonjol, Pasaman Regency in West Sumatra Province. The Ministry of Energy and Mineral Resources (ESDM) through the Directorate General of New and Renewable Energy and Energy Concertation (EBTKE) again auctions geothermal Preliminary and […]

Automative parts company to buy geothermal power from EDC in the Philippines

EDC signed a 2-year power purchase agreement with automative parts company Continental Temic Electronics in the Philippines under which it well sell 2.7 MW of power from the BacMan geothermal power plant starting December 2018. As reported this morning from Manila, global automotive parts company Continental Temic Electronics Philippines signed power purchase agreement with Energy Development Corp. […]

Autotrop eyes battery exports to Cambodia

Malaysia-based Autotrop Sdn Bhd plans to penetrate the competitive Cambodian auto sector to promote its – Fujiya and Challenger – batteries and even plans to set up a local warehouse. Speaking to The Post in the capital last Thursday, Autotrop’s director Gary Lim T.H. said the company sees Cambodia as a potential market for its […]

Ayala invests in renewable energy firm

AC ENERGY, Inc. through its international unit has invested in Singapore-based renewable energy company The Blue Circle Pte. Ltd. through a 25% ownership acquisition as well as co-investment rights in the latter’s projects. “It’s a platform partnership. The Blue Circle, TBC, is a regional development and operations company focused on wind.” AC Energy Chief Executive […]