News
April 30, 2025
Chinese battery tech dominance reshapes Indonesia’s supply chain
South Korea’s LG Energy Solution (LGES) has withdrawn from Indonesia’s high-profile Project Titan, a move that has sparked renewed debate within the electric vehicle (EV) supply chain industry. _1234b
April 29, 2025TNB doubles investment to $9.8 billion to push Malaysia’s energy transition
Malaysia’s national energy company, Tenaga Nasional Berhad (TNB), is significantly expanding its renewable energy investments, raising its capital expenditure (capex) to RM42.9 billion (about USD 9.8 billion)—double its previous plan.
August 07, 2024Germany prepares electricity market reform based on greater flexibility, hydrogen, capacity market
Germany is set to reform its electricity market design as it moves to decarbonise its power sector. In a paper outlining fields of action, the economy ministry (BMWK) presented reform options for the market elements of renewables support.
July 03, 2024ASEAN Sustainable Energy Week sheds light on EV technologies, energy storage solutions
ASEAN Sustainable Energy Week took place from July 3 to 5 in Bangkok, Thailand, featuring over 1,400 global energy brands showcasing the latest in electric vehicle technology and energy storage solutions and expected to attract 28,000 visitors.
April 29, 2024IEA says drop in storage battery costs will boost transition to renewables
The International Energy Agency (IEA) predicts that a significant decline in battery costs for energy storage over the next few years will accelerate the transition from fossil fuels to renewable energy, as reported on Apr. 25.
April 24, 2024Sam Altman ventures into renewable energy to tackle data center power demands
Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.
October 13, 2023VinFast to acquire VinES, invest India & Indonesia
Vietnam-based electric vehicle maker VinFast, which is deemed as Tesla's rival, is set to aquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong to ramp up its integration in the production value chain and competitive advantage.
October 12, 2023Singapore renewables firm plans massive battery project in Indonesia
Renewable developer Morrison & Co. has begun discussions with possible partners for a massive battery project in Indonesia aimed at weaning Singapore off natural gas.
October 05, 2023Philippines' EDC to pour $1 billion into geothermal energy storage
Philippines' Energy Development Corporation (EDC), a renewable energy subsidiary of conglomerate Lopez Group, adds 3 geothermal sites to deploy battery energy storage system (BESS).
September 06, 2023This energy firm plans to import electricity to Singapore from Indonesian islands by 2030
Singapore’s Vena Energy is aiming to start construction for its 2 GW solar and battery project in Indonesia’s Riau Islands by 2026, and is plans to supply electricity to Singapore before 2030.