Govt explores development of Maung Pindad electric version

Jakarta (ANTARA) – The government is continuing to explore the development of domestically produced electric vehicles, including an electric version of the Maung tactical vehicle manufactured by PT Pindad.
RI secures 14.7 M Euros grant from EU-France to fund energy transition

Jakarta (ANTARA) – Indonesia secured a grant of 14.7 million Euros (around US$15.2 million) from the European Union (EU) and France for the development of energy transition in the country.
Sembcorp enters Philippine renewable energy race with solar investment

Sembcorp Industries announced on Jan. 31 that it has acquired 100% of the shares in Puente Al Sol for a total of SGD 105 million (about USD 77.6 million), marking its strategic entry into the highly competitive solar energy market in the Philippines. This move is part of Sembcorp’s ongoing expansion in the Southeast Asian […]
Vietnam Electricity receives 715 MW power plant from foreign investors as BOT contract ends

The 715 MW Phu My 2.2 gas-fired power plant, invested per the build-operate-transfer (BOT) format, was transferred to state utility Vietnam Electricity (EVN) on Tuesday.
PLN pioneers in joining international carbon trading
State Power Utility PT PLN has taken the initiative, being the first Indonesian company, to get involved in international carbon trading.
Php 4.13T of RE investments gain momentum via green lane certificate

Renewable energy (RE) projects are poised to remain a key driver of investments in the Philippines, with the Board of Investments (BOI) already processing 24 new applications under its expedited Green Lane initiative this year.
Addressing trade barriers key to unlocking USD 788M solar export market, investments

The Philippines can tap a USD 788.4-million export market for solar photovoltaic (PV) modules if it can address non-tariff barriers, according to the Philippine Exporters Confederation, Inc.
Maharlika open to financing nuclear power projects in PH

MANILA – The Maharlika Investment Corporation (MIC) on Tuesday expressed openness to invest in projects aimed at integrating nuclear energy into the country’s energy mix to lower power costs.