TNB establishes renewable energy investment, asset management company in ESG push
KUALA LUMPUR (July 2): Tenaga Nasional Bhd (TNB) said its newly-established renewable energy (RE) investment and asset management company Vantage RE Ltd will own, operate and manage a portfolio of RE assets in the UK and Europe as part of the Malaysian government-controlled utility’s global environmental, social and governance (ESG) efforts.
China key to Vietnam’s solar success
Vietnam has been a Southeast Asia solar success story. It went from having barely any generation in 2018 to a quarter of its total installed capacity being solar – a 100-fold increase in two years.
Green hydrogen development associated with offshore wind power, experts say
Hanoi (VNS/VNA) – The Ministry of Industry and Trade (MoIT) needs to study and direct Vietnam Electricity (EVN) to issue regulations on the transmission and distribution system to ensure the stable operation of the power system amid abundant wind and solar power sources, said Tran Viet Ngai, Chairman of the Vietnam Energy Association.
Egat eyes solar output hike
State-run Electricity Generating Authority of Thailand (Egat) plans to increase power generation capacity of its floating solar farms to 5 gigawatts to enhance electricity generation at its hydroelectric power plants nationwide, according to Egat governor Boonyanit Wongrukmit.
PFDA, PNOC RC eye RE partnership
Philippine Fisheries Development Authority (PFDA) and Philippine National Oil Company Renewables Corporation (PNOC RC) are eyeing potential partnerships in renewable energy (RE).
Update on Renewable Energy Sources; Indonesia’s (Untapped) Geothermal Power Potential
Despite several persistent challenges, geothermal energy remains a very interesting (and relatively environmentally friendly) power source for Indonesia. It is estimated that Indonesia is home to 40 percent of total global geothermal energy potential. But as impressive as that sounds, the country only uses a fraction of the potential. So, let’s take a look at […]
Vietnam blows by Thailand in clean energy race
(MENAFN – Asia Times) BANGKOK – Thailand is lagging Vietnam in the race to transition from fossil fuels to clean energy in the post-Covid-19 world, where climate change is taking center stage as the next looming global crisis, and countries and companies race to become carbon-neutral.
BCP forges pact to create Carbon Markets Club
Bangchak Corporation Plc (BCP) has formed an alliance with 10 firms in various industries to set up a Carbon Markets Club in a fresh move to support carbon emissions trade, a key mechanism to reduce greenhouse gases.
