News

Electric vehicle sales in Thailand have seen significant growth this year. Thai government approved a drawn down subsidy package last Wednesday. Starting from next year and ending in 2027.

Malaysia’s utility company Tenaga Nasional Bhd is exploring carbon capture and storage and hydrogen-based generation solutions to address the sustainable electricity consumption needs of the growing energy-guzzling data center industry.

Dnata has successfully installed an innovative cooling technology in its facilities at Singapore Changi Airport, which is expected to save at least 650 tonnes of carbon.

Taiwan’s state-owned utility Taipower published on Nov. 7 the first batch of auction results for small amounts of green energy following the introduction of the bidding platform in late October, with 47 enterprises securing contracts.

Sinpapore’s Sembcorp Industries reveals its latest 5-year strategic plan on Monday. It will invest 10.5 billion SGD（7.8 billion USD）, about 75% of total investment, to support renewable energy.

EVN expects the cost of electricity production of 2023 is still higher than retail price by 9.3% although fuel prices lowered for the past few months.

Malaysia is seeking foreign investors in high-value industries such as electric vehicles (EVs), semiconductors and carbon capture, according to its trade and investment minister.

Philippine Economic Zone Authority said on Nov. 3 that it has secured P20.6 billion (US$365 million) worth of investment leads and pledges from Taiwanese investors for developing green energy and sustainable enterprises.

The Net-Zero Institute, Taiwan’s first academy dedicated to cultivating green talents, has opened on Nov. 6 at the Kaohsiung Software Technology Park.

Singapore’s Tuas Power signed MOU with Marubeni Global Indonesia（MGI）to import a total of 600 MW green energy before 2027 which will be enough to power about 730,000 households.