Looking forward to Indonesia’s solar future
Jakarta (ANTARA) – Indonesia has a chance to become a leader in the solar photovoltaic (PV) industry, especially in Southeast Asia, given its large solar energy potential. At the Indonesia Solar Summit in Jakarta on August 21, 2024, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan emphasized the importance of expanding the development […]
B.Grimm Power becomes first private company in Thailand to import LNG
The imported LNG will be distributed to small power producers (SPP), with the initial supply going to 10 of B.Grimm’s combined cycle co-generation power plants.
EVs to make up less than 10% of total vehicle sales this year — CAMPI
THE Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) expects that electric vehicles (EVs) will not reach 10% of total vehicle sales in the Philippines this year despite increasing demand, its president said.
Malaysian energy giant Petronas sues South Sudan over local assets deal
Aug 26 (Reuters) – Malaysian state-owned energy giant Petroliam Nasional (IPO-PETO.KL) said on Monday its unit had initiated proceedings against South Sudan for allegedly blocking a $1.25 billion sale of its local assets and instead taking over the business.
Indonesia’s Prabowo hopes to implement 50% palm-based biodiesel blending by 2025
JAKARTA, Aug 26 (Reuters) – Indonesia president-elect Prabowo Subianto hopes to implement mandatory 50% palm oil-based biodiesel blending by early next year, which he said would cut fuel imports by $20 billion per year.
Malaysia will need 62,000-strong RE workforce to meet 2050 energy target — Fadillah
PUTRAJAYA (Aug 26): Malaysia requires approximately 62,000 competent individuals to drive generation of renewable energy (RE) up to 70% or 56 gigawatts in the energy sector by 2050. Deputy Prime Minister and Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof said this estimate was based on projected advancements in energy transition technology.
Impact of high energy costs on the economy
The Philippines is recognized for its rich cultural heritage and its rapidly growing economy. However, we face a significant challenge that threatens our progress: the high cost of electricity. This issue affects businesses, goods production and consumers alike, creating a ripple effect throughout the economy.
Singapore closely studying new geothermal technologies and overseas plants
SINGAPORE – As Singapore’s search for clean energy heats up, the authorities here are digging deep, literally, to explore whether underground heat can be harnessed to power the nation.
