Nuclear power development projects in Vietnam to restart
Nuclear power can provide a stable electricity supply and a green, sustainable power source for energy security, according to a recent report from the MoIT.
Thailand to build three PSPPs with combined capacity of 2.5 GW
Pumped storage power plants are power plants equipped with two reservoirs with an elevation difference: in the hours of low load, cheaper electricity from the common grid is used to pump water from the lower reservoir into the upper one, from which it gets discharged in the hours of high demand, setting off water turbines. […]
IFC scales up climate financing in Vietnam to support green transition
Boosting its support for Vietnam’s green transition and sustainable development, the International Finance Corporation (IFC) has scaled up its long-term investment in the country with a strong focus on climate finance in the last fiscal year.
Singapore looks to Asean neighbours for green power to meet carbon goals
SINGAPORE will increase imports of green electricity from fellow members of the Association of Southeast Asian Nations (Asean) as it seeks to decarbonise its power system to help meet its climate goals, an energy official said.
Indonesian firm keen on LNG projects in Philippines
MANILA, Philippines — Indonesia’s state-owned oil and natural gas firm PT Pertamina (Persero) is looking to take part in the country’s liquefied natural gas (LNG) industry supply chain through various projects.
European EV charger tech to be deployed in PH
Poland-based infrastructure firm ChargeEuropa is penetrating the Philippine market as it tapped a unit of Manila Electric Co. (Meralco) to deploy its electric vehicle (EV) charging stations across the country.
Vietnam prepares for 11-15% power supply growth in 2025: ministry
Vietnam expects its electricity supply to grow 11-15% in 2025, Minister of Industry and Trade Nguyen Hong Dien said Thursday, while asking relevant state agencies and power suppliers to make utmost preparations.
Singapore commits $500M in matching concessional funding to support decarbonization in Asia
The Singapore Government has committed up to $500 million in concessional funding to support the Financing Asia’s Transition Partnership (FAST-P) launched by the Monetary Authority of Singapore (MAS) last year.