Southeast Asia’s energy demand is expected to grow by two-thirds by 2040, requiring massive investment in new energy generation and transmission. Installed capacity will double from 240 gigawatts to 565 gigawatts, which amounts to adding a bit more than Japan’s total electricity capacity. To meet their growing needs, countries have to make pivotal choices. They […]

Electric scooter producer Pega launched a new model, NewTech, on January 11 with a selling price of VND25 million. This e-scooter model, initially sold at a promotional price of VND22 million, is directed at male users and has a driving range of 90 kilometers per charge. The e-scooter battery can be used as a source […]

SINGAPORE (Jan 14): Trek 2000 International is acquiring a 7.5% stake in energy solutions company Terrenus Energy for US$3 million ($4.06 million). Singapore-incorporated Terrenus offers solar energy systems using solar panels, and has operations in Singapore, Australia and China. With its latest investment, Trek says it plans to collaborate with Terrenus on smart renewable power […]

PETALING JAYA: The government’s aspiration of more renewable energy (RE) is negative to the independent power producer (IPP) players given the potentially lower capacity replacement for their expiring power purchase agreements (PPAs), Hong Leong Investment Bank Research said. “Given the limited potential of new large scale hydropower plants in Peninsular, we expect the Ministry of […]

Tenaga Nasional Bhd (TNB) is introducing blended coal at its coal-fired power plant in Lumut, Perak, as part of a continuous effort to ensure a sustainable coal supply for electricity generation. The introduction of blended coal for the Sultan Azlan Shah Power Station, which produces 20% of Peninsular Malaysia’s energy generation, would help secure coal […]

KUALA LUMPUR: Astana City Group Sdn Bhd (ACG) is keen on being involved in the third national car project, and sees the vehicle being fully-powered by liquid petroleum gas (LPG), replacing petroleum altogether. Its managing director Nik Mohd Fareez Nik Ahmad Azman said the company submitted a proposal paper on the project to the International […]

Part of the controversial Myitsone Dam project, which was suspended by the government of President U Thein Sein in 2011, in northern Kachin State. (AFP) If Myitsone issue fails to be resolved after a long delay, it will seriously hurt the confidence of Chinese entrepreneurs in investing in Myanmar. Therefore, China and Myanmar are in […]

Plans are under way to generate an additional over 2,700 megawatts as the nationwide power consumption is expected to hit around 4,531 mw in 2020-2021, said Win Khaing, Union Minster for Electricity and Energy on January 9. Currently, the country’s nationwide power consumption is increasing from 15 per cent to 19 per cent. To meet […]

Speaking at the weekend Djoko said that first auction phase will involve the Anambas, West Ganal and West Kaimana blocks as well as two exploitation blocks — West Kampar and Selat Panjang and the auction process would be opened before the end of this month. “It [the first auction] will kick off this month. We […]

International Container Terminal Services, Inc. (ICTSI)’s Manila International Container Terminal (MICT) has received the Philippines’ first hybrid rubber-tired gantries (RTGs), as part of a long-term investment in capacity enhancement and environmental efficiency. Four out of 16 hybrid RTGs have been delivered, each equipped with a 200kVA Li-ion battery and a smaller diesel engine that aims […]