Aboitiz to pursue expansion in 3 ASEAN countries
While it was initially hamstrung by the niggling health crisis, Aboitiz Power Corporation indicated that it will still advance its planned investment expansion in the Southeast Asian region – specifically in Vietnam, Indonesia and Myanmar.
Plans unveiled for Malaysian hydrogen project
ENEOS Corporation, SEFC Energy and Sumitomo Corporation have announced a joint plan to establish a hydrogen supply chain using renewable energy in Malaysia.
Singapore to pilot floating energy storage system, invest $36M in low-carbon research
The Singapore government is setting aside SG$49 million ($36.05 million) to drive research and development (R&D) efforts in low-carbon energy technologies such as hydrogen and carbon capture, utilisation, and storage (CCUS). It also announced an initiative to pilot a lithium-ion battery energy storage on a “floating” lab, utilising seawater to cool the battery cells.
Singapore deploys energy storage systems to help maintain reliable source of solar power supply
Singapore has deployed its first utility-scale energy storage system at a substation in Woodlands, said the Energy Market Authority (EMA) on Thursday (Oct 22).
Wärtsilä wins 90MW energy storage contract in southeast Asia
The customer will leverage the solution to ensure grid flexibility and reliability and further integration of renewables capacity.
State holding to be Indonesia’s battering ram into global battery market
Indonesia has mobilized three of its biggest state-owned enterprises (SOEs) and opened talks with two foreign multinationals to bring Southeast Asia’s largest economy into the world’s highly lucrative electric vehicle (EV) battery market.
Top battery makers in talks over US$20b Indonesia electric vehicle plans
Contemporary Amperex Technology (CATL) and LG Chem, two of the world’s top producers of batteries for electric vehicles (EV), have signalled they may join projects that could see US$20 billion (S$27.2 billion) more invested in supply chains in Indonesia, according to the country’s government.
Indonesia Reveals $12b Plan to Create Electric Car Battery Giant
Indonesia Asahan Aluminium, the state-owned mining holding company, has unveiled a $12 billion plan to create an integrated electric vehicle battery industry called Indonesia Baterai to spearhead its effort to become a global player in the green energy technology.
