Exclusive: Malaysia's Tenaga plans $1 billion IPO for its power business
Malaysian electricity utility Tenaga Nasional Bhd (TENA.KL) plans to begin the process next year for a potential $1 billion listing of its power generation business, sources close to the matter told Reuters.
GULF invests THB2.7 billion in renewable energy and sustainable investments fund
Gulf Energy Development Public Company Limited (GULF) announced that Gulf International Investment (Hong Kong) Limited (Gulf HK), its wholly-owned subsidiary, entered into a subscription agreement to commit to invest EUR 75 million, which is equivalent to approximately THB 2.7 billion, in Lightrock Climate Impact Fund SCSp (LCI Fund).
Minister lauds Gaikindo exhibition presenting array of EV options
Coordinating Minister for Economic Affairs Airlangga Hartarto praised the various types of electric vehicles (EVs) presented at the 2022 Gaikindo Indonesia International Auto Show (GIIAS) automotive exhibition in South Tangerang, Thursday.
Siemens Gamesa swoops on 70MW Philippines wind
Siemens Gamesa has secured a 70MW turbine deal for wind project in the Philippines, developed by Acen Corporation.
The manufacturer will supply Acen with 14 SG 5.0-145 turbines, following the country’s recent renewable energy auctions.
New partnership inked to develop decentralised power plants in Thailand
A new partnership has been announced between INNIO and B.Grimm Power to explore the development of decentralised power plant solutions in Thailand.
Mustapa: New Energy Policy expected to attract investments
MALAYSIA’S Energy Policy 2021-2040 — which is slated to launch later this month — is expected to boost the country’s investment flows to advance its sustainable development goals.
US to help PH tap clean energy
WIND ENERGY (Standing, from left) US Ambassador to the Philippines MaryKay Loss Carlson, US Secretary of State Antony Blinken, Philippine Ambassador to the US Jose Manuel Romualdez and Energy Undersecretary Wimpy Fuentebella witness the signing ceremony for the American government’s grant to Aboitiz Renewables Inc. for a feasibility study on a wind energy project held at Ayala Triangle in Makati City on Saturday, Aug. 6, 2022
Minister inaugurates EV production to support emissions target
Coordinating Minister for Economic Affairs Airlangga Hartarto launched the premiere production of Indonesian-made Wuling Air EV to support the development of battery-based electric vehicles (EV) and expedite the net-zero emissions target achievement.
