Thailand Board of Investment has approved revised conditions and incentives for investing in electric vehicles and the infrastructure needed to support them, specifically charging stations. Today’s BOI announcement comes as Thailand increases its incentives for people to buy and invest in electric vehicles, in an effort to maintain its grip on Southeast Asia’s car manufacturing […]

The government said the state Oil Fund still has efficient funding to subsidize diesel’s retail prices until March 31 and there is no need to cut the diesel’s excise tax yet. Minister of Energy SupattanapongPunmeechaow said the government has not yet considered additional borrowing for the state Oil Fund because it has enough funding to cap the diesel price […]

Thailand and Saudi Arabia have signed a number of agreements to cooperate in sectors including energy and tourism as the two countries gradually restore full diplomatic ties.

Thai energy company Banpu PCL (BKK:BANPU) today said it has agreed to acquire the companies holding a 50-MW portfolio of two solar parks in Vietnam in a deal worth USD 26.7 million (EUR 23.6m).

Thai power producer and distributor CK Power PCL (BKK:CKP) plans to more than double in size over the next three years by adding some 2.8 GW of renewable electricity generating capacity.

Two of Thailand’s biggest fossil fuel suppliers are shifting gear with forays into electric vehicle production and rental platforms that hope to turn short-term EV hires into purchases down the road.

Thailand’s state-owned energy company PTT Exploration and Production (PTTEP) has announced its intention to bid for the Yadana gas field in Myanmar, following the exit of TotalEnergies and Chevron in response to the mounting humanitarian crisis since the nation’s military coup.

The Australia-Asia PowerLink will deliver power generated from the world’s biggest solar farm in Australia to Singapore through overhead and undersea cables. The project, estimated to cost A$30 billion (US$22.4 billion), involves the development of a solar plant covering over 12,000 hectares in the town of Tennant Creek, approximately 990km from the town of Darwin. The harnessed […]

The World Bank (WB) recommended 20 actions for the successful development of Vietnam’s offshore wind energy industry. According to the report “Offshore Wind Energy Roadmap for Vietnam”, carried out by the entity from February to October 2020, Vietnam will have around 450 large offshore wind turbines by 2035, which will be installed in almost 10 […]

PETALING JAYA: There is further upside for Tenaga Nasional Bhd’s (TNB) share price amid an improving operating environment for the utility giant, say analysts. Rising electricity demand in Malaysia in tandem with the recovery of the country’s economy will continue to bode well for TNB.