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Thailand could extend low energy prices for another 20-25 years if the country successfully concludes negotiations on joint petroleum production and taps into energy resources in overlapping claims areas (OCAs), according to caretaker Finance Minister Pichai Chunhavajira.
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Singapore’s Vena Energy and MGen Renewable Energy, the renewables unit of Manila-based Meralco PowerGen Corp., have signed an investment agreement for 550 MW of solar in the Philippines. Construction is due to start later this year.
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Indonesia has submitted 34 energy transition projects to the ASEAN Zero Emission Community (AZEC) to secure funding from Japan, said Coordinating Minister for Economic Affairs, Airlangga Hartarto, on Wednesday, August 21, 2024.
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With about USD 21 million committed, funding from the Just Energy Transition Partnership is expected to encourage more geothermal development in Indonesia.
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PT PLN (Persero) has announced a significant step in its commitment to sustainable energy through the sale of Renewable Energy Certificates (RECs) to PT Agincourt Resources. The gold mining company has purchased 275,000 REC units, equivalent to 275 Megawatt hours of renewable energy, from PLN’s North Sumatra Main Distribution Unit (UID).
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PTT, the government-owned energy company of Thailand, is looking for partners to inject capital and offer expertise for its petrochemical and refining operations, reported Bloomberg.
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New Energy Plus Solutions Co, a local distributor of solar panels, has partnered with Chinese solar panel maker LONGi Green Energy Technology in a bid to increase sales amid intensifying competition.
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Uzma Environergy Sdn Bhd, a wholly owned subsidiary of Malaysia-listed Uzma Berhad, has entered into three memorandum of understanding (MOU)s on battery storage solutions and energy efficiency solutions.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
