Singaporean RE developer eyes $300-M investment in Philippines
SINGAPORE-BASED renewable energy (RE) developer Gurīn Energy plans to invest approximately $300 million (around P17 billion) in the Philippines to develop one gigawatt (GW) of RE projects over the next two to three years.
Thailand Explores Energy Cost Reductions While Balancing Renewable Investments
Thailand’s Energy Minister Pirapan Salirathavibhaga has proposed a significant reduction in electricity tariffs by adjusting the use of Pool Gas, a key component in the country’s energy generation mix. The proposed cut of nearly 0.40 baht per kilowatt-hour surpasses the 0.17 baht reduction initially suggested by the Energy Regulatory Commission (ERC), which had recommended lowering […]
Laos to build $1.9 bln wind power plant to export electricity to Vietnam
The Lao Government and Chitchareune Construction – a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.
CKPower Drives Renewable Energy Goals with RECs
Amid the transition from fossil fuels to clean energy driven by renewable energy in the power generation sector, Renewable Energy Certificates (RECs) have emerged as a vital tool for organisations to demonstrate their commitment to achieving net-zero greenhouse gas emissions. RECs also fulfil business requirements for advancing environmental development while significantly enhancing sustainability branding and […]
UAE to support Indonesia’s clean energy transition with investments
Jakarta (ANTARA) – Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the United Arab Emirates (UAE) is ready to support Indonesia in achieving a clean energy transition.
Australia Provides USD8 Million to Support Energy Transition in Indonesia
IDXChannel – Australian Development Investments (ADI) has announced a USD8 million anchor commitment to Indonesian venture capital firm AC Ventures’ Climate and Sustainability Fund.
Govt invites investors to build LPG factories to reduce imports
Jakarta (ANTARA) – Energy and Mineral Resources Minister Bahlil Lahadalia has invited investors and entrepreneurs to set up liquefied petroleum gas (LPG) factories in Indonesia to help lower national oil and gas imports.
Fuelling growth: Thailand’s energy use rises as tourism powers up
The Department of Energy Business revealed fuel consumption in Thailand saw a 2.1% rise last year, reaching a daily average of 155.4 million litres, in tandem with an estimated GDP growth of 2.6-2.7%, largely fuelled by bustling tourism-related industries.
