ACE receives $7.7m grant for Southeast Asian power grid

The ASEAN Centre for Energy (ACE) has received an additional $7.7m grant for the development of the ASEAN Power Grid. In a statement, the World Bank said it approved the grant from the International Development Association. It is part of the bank’s $2.5b Accelerating Sustainable Energy Transition Program to an initial $5m grant for ACE approved […]

Brunei solar energy Breakthrough: 30MW Solar PV Plant Agreements

Brunei is taking a significant leap into the realm of renewable energy with the signing of pivotal agreements for a groundbreaking 30-megawatt peak (MWp) solar photovoltaic (PV) plant in Seria. This forward-thinking project represents a collaborative effort between Syarikat Pekerjaan Piasau Konkerit Sdn Bhd, TotalEnergies Renewables, and the Brunei Investment Agency.

Malaysia to launch automatic fuel adjustment for electricity tariffs in July

Starting in July, Peninsular Malaysia will implement an Automatic Fuel Adjustment (AFA) mechanism for electricity pricing, replacing the current Imbalance Cost Pass-Through (ICPT) system. Under the AFA, electricity tariffs will be adjusted monthly based on prevailing fuel prices and exchange rates, compared to the current biannual schedule. According to the Energy Commission (EC), base electricity […]

Saigon Hi-Tech Park targets 50% renewable energy in push for net zero

HCM City (VNA) – Saigon Hi-Tech Park (SHTP) is aiming to pull more than half of its energy from renewable sources, a step in Vietnam’s race to hit net-zero emissions by 2050, heard a local seminar on June 17. The push aligns with Ho Chi Minh City’s broader target to secure 15% of its energy from […]