Elridge Energy launches RM203mil IPO
Elridge Energy Holdings Bhd has today launched its prospectus for its listing on Bursa Malaysia’s ACE Market that will raise up to RM203 million.
Vietnam’s new rooftop PV policy 100% excess power capacity can be purchased
The Office of the Government of Viet Nam issued Circular No. 356/TB-VPCP on July 30, 2024, which comprehensively summarizes the important conclusions of Deputy Prime Minister Tran Hong Ha’s decree on the development and promulgation of incentives and policies for autonomous production and autonomous development.
Vietnam allows big companies to buy clean energy directly to meet their climate targets
Vietnam will let electricity-guzzling factories buy electricity from wind and solar power producers, helping big companies like Samsung Electronics meet their climate targets and relieving pressure on the country’s overstrained grid.
LSS programme back with 2GW quota, up to 500MW per developer
The government will soon open up bids for Malaysia’s fifth large-scale solar (LSS) photovoltaic programme, with a quota of up to 2GW of which a developer can bid for up to 500MW.
Thailand orders traders to suspend diesel exports – energy dept
Thailand has ordered traders to suspend diesel exports while Thai Oil Plc TOP.BK repairs its No. 3 crude distillation unit (UDC) in Chonburi province, a government official said on Wednesday.
Vietnam’s VinFast Aims to Qualify for Biden’s EV Tax Credits
VinFast Auto Ltd. is working to qualify its cars for US tax credits when its North Carolina plant starts production in 2025, Chairwoman Le Thi Thu Thuy said.
Vietnam’s renewables need long-term strategy and faster localisation
Without a long-term strategy and faster localisation, Việt Nam’s energy sector could very well fall short in the competition for renewable energy market share on home ground, said industry insiders and experts.
Indonesia to Temporarily Suspend Renewable Energy Exports
The government is set to temporarily suspend exports of new and renewable energy, saying it is needed to prioritize domestic demands as the national clean energy mix for electricity is still at 11.7 percent.
