Bursa to host Malaysia’s first renewable energy auction in November
KUALA LUMPUR (July 22): Bursa Carbon Exchange, a subsidiary of Bursa Malaysia Bhd (KL:BURSA), will host its first bilateral energy supply contract auction this November. Under a pact signed with UEM Lestra Bhd on Tuesday, the exchange will offer its auction-as-a-service solution to facilitate an open and competitive bidding process for renewable energy supply under […]
Massive solar project progresses ahead of schedule in Philippines
More than half of the first phase of the 3.5 GW solar and 4.5 GWh battery storage MTerra Solar project in the Philippines is now complete, eight months after its groundbreaking. The 778 MW of solar installed so far makes it the largest solar installation in the country.
Malaysia backs Vietnam’s ASEAN power grid vision, eyes renewable energy investment
EVNNPT strives to complete 220kV Vung Ang substation project and connection in July
All available resources should be maximized to complete the 220kV Vung Ang substation project in Ha Tinh province, central Vietnam within July, said Pham Le Phu, general director of state utility Vietnam Electricity’s (EVN) National Power Transmission Corporation (EVNNPT) – the project investor.
Northern region sees record electricity consumption as heatwave drives up demand
HÀ NỘI — Việt Nam’s northern region recorded unprecedented levels of electricity consumption in June as a series of intense heatwaves swept across the region, pushing daily temperatures above 40 degrees Celsius and triggering a surge in demand for cooling.
Power rates push inflation higher to 1.4% in June 2025
MANILA, Philippines – Inflation in the Philippines accelerated to 1.4% in June from 1.3% in May, breaking four months of slowdown, the Philippine Statistics Authority (PSA) reported on Friday, July 4.
Malaysia’s data center operators struggle due to power cost hike
Malaysia’s data center sector is projected to grow at a 22% CAGR from 2023 to 2029 due to cost competitiveness, skilled workforce, and a robust digital ecosystem, according to a report by global investment bank ARC Group.
Power plan to be completed by year-end
The oft-delayed power development plan (PDP) is expected to be completed within this year following a revision, said Prasert Sinsukprasert, energy permanent secretary.
