- Electric Vehicle
28 July 2024
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- Malaysia
chargEV launched a battery energy storage system (BESS) to enhance EV charging by addressing power supply issues.
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chargEV launched a battery energy storage system (BESS) to enhance EV charging by addressing power supply issues.
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In an effort to maximise the amount of solar energy that can be generated in land-scarce Singapore, the authorities are exploring the possibility of building solar canopies at Jurong and Tuas ports.
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Carbon capture storage (CCS) technology enables the extended use of fossil energy in Indonesia, according to Saleh Abdurrahman, a member of the Downstream Oil and Gas Regulatory Agency (BPH Migas) committee. “CCS technology is an option to reduce greenhouse gas (GHG) emissions and can extend the period of fossil energy utilization,” he explained in a statement on Sunday.
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The Indonesian government is stepping up cooperation with Chinese companies to increase the country’s oil and gas reserves and production, according to Director of Upstream Oil and Gas Business Development Ariana Soemanto. He remarked that three stakeholders are collaborating to utilize the technology offered by several Chinese companies to explore new reserves and boost production in Indonesia.
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On May 15, 2024, the National Economic and Development Board (NEDA) of the Philippines approved an extension of the most-favored-nation (MFN) zero-tariff rate on more battery electric vehicles (EVs) and components. In addition, it upheld the decision to impose a temporary MFN zero-tariff import rate on 34 battery EV products until 2028. These temporary rates were first introduced through Executive Order (EO) No. 12 (s. 2023) (hereinafter EO 12) and were subject to a one-year review following their implementation in February 2023.
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PetroGreen Energy Corporation (PGEC), led by the Yuchengco group, and Isuzu Autoparts Manufacturing Corporation (IAMC) have signed a contract for a significant rooftop solar installation. The project, with a capacity of 3.002-megawatt peak (MWp), will be installed at IAMC’s manufacturing facility in Laguna and is set to commence in the third quarter of 2024, with completion expected by the second quarter of 2025. Once operational, it will be one of the largest commercial and industrial rooftop solar facilities in Laguna.
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Thailand’s Ministry of Energy has announced that it will freeze electricity prices at THB4.18 (approximately US$0.12 ) per unit until the end of 2024. This decision aims to alleviate financial pressure on businesses and consumers amid a challenging economic environment.
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Vietnam will increase its electricity supply to Cambodia to 400 megawatts or more to boost the Kingdom’s economy and to help prevent blackouts or power shortages from occurring.
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.
