Pertamina eyes geothermal business in Philippines
KUALA LUMPUR – Indonesian power giant PT Pertamina is interested in exploring and investing in the untapped geothermal potential of the Philippines, according to a top executive. On the sidelines of the 2025 Energy Asia Awards held here on Monday, Pertamina vice president director Oki Muraza told The STAR the company sees growth opportunities in […]
HDBank Backs PV Power with VND 2,000 Billion Green Loan to Boost Vietnam’s Clean Energy Transition
In a significant step toward supporting Vietnam’s energy transition and green finance goals, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has signed a VND 2,000 billion credit agreement with Vietnam Oil and Gas Power Corporation – Joint Stock Company (PV Power). The deal was formalized at a ceremony in Hanoi and marks […]
B.Grimm Power Builds Solar Energy Pipeline with Stake in BGG
B.Grimm Power Public Company Limited has announced a strategic investment aimed at bolstering its renewable energy footprint. Through its wholly owned subsidiary, B.Grimm Power Future Solution Limited (BGPFS), the company has subscribed to newly issued shares of B.Grimm Greenery Company Limited (BGG), resulting in a 74.99% ownership stake in the venture. The move marks a […]
Philippines DOE opens 10GW GEA-4 renewables-plus-storage auction for registration
The Philippines Department of Energy (DOE) officially opened its hugely anticipated fourth Green Energy Auction (GEA-4) round to registrants earlier this week. The registration process for the auction opened for qualified suppliers on Monday (16 June) and will close on Friday (20 June).
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 […]
Vietnam sharpens focus on offshore wind
A meeting on June 11 brought together Vietnamese authorities and international partners to shape a roadmap for these centres, drawing lessons from global experience and aligning with Vietnam’s Power Development Plan VIII (PDP8). The meeting, hosted at the Ministry of Industry and Trade and co-chaired by the Electricity Authority of Vietnam (EAV) and Germany’s GIZ […]
Petrovietnam subsidiary PTSC hands over 33 offshore wind power foundations to Danish giant Orsted
The recent handover of 33 foundations manufactured by Petrovietnam Technical Services Corporation (PTSC) to an offshore wind power project of Orsted has been recognized as an outstanding work of state-owned Petrovietnam.
CHA & Vietnam ASEAN Club MOU for Hydrogen Collaboration
