Malaysia needs RM33b to achieve 2025 green energy target

KUALA LUMPUR: Malaysia will need RM33 billion worth of investments to boost the renewable energy (RE) part of the country’s energy generation mix from the 2% recorded in 2018 to 20% by 2025, according to Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin (pic). The investment needed to reach the RE target, […]

Adnoc and Singapore’s GIC complete $600m pipeline infrastructure deal

Abu Dhabi National Oil Company (Adnoc) completed its $600 million (Dh2.2 billion) pipeline infrastructure investment agreement with GIC, Singapore’s sovereign wealth fund, alongside BlackRock, KKR and Abu Dhabi, Retirement Pensions and Benefits Fund (ADRPBF) as co-investors, boosting the total deal value to about Dh18bn. “The successful final closing of this landmark transaction is a clear […]

Cebu LGUs urged to create energy plan

CEBU CITY — The Department of Energy (DOE) on Tuesday urged local government units (LGU) in Cebu to create their own energy plans to secure their respective energy supply as well as help steer the country closer towards sustainable prosperity. Michael Sinocruz, Planning Division chief of DOE’s Energy Policy and Planning Bureau, made the exhortation during […]

S’pore govt close to passing new ‘landmark’ environment law in Parliament

On Friday, Aug. 30, the Ministry of Environment and Water Resources launched its first Zero Waste Masterplan, unveiling the ministry’s biggest steps yet in a bid to protect the environment and cut down on waste production in Singapore. And one of the first of these is what Senior Minister of State for the Environment and […]

Vietnam seeks to develop smart energy

Hanoi (VNA) – A forum on smart energy and optimization of power structure in Vietnam with flexible solutions was held by the Finnish Embassy in Vietnam and Wartsila Group in Hanoi on August 29. Addressing the event, Finnish Ambassador Kari Kahilouto said his country wants to partner with Vietnam in producing clean and smart energy. The […]

Swiss smart grid expert opens subsidiary in Singapore

DEPsys, the Swiss smart grid technology expert, has opened its second subsidiary, DEPsys Pte Ltd in Singapore. At the helm of expansion, Jianjiang PU, an experienced sales leader in the energy sector. In under six months, DEPsys, a Swiss company specialised in the digitalisation of electrical networks, has opened two subsidiaries. After DEPsys GmbH, founded […]