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The infrastructure unit of global asset manager Keppel Cooperation will supply electricity to the Singapore operations of semiconductor manufacturing giant GlobalFoundries under a multi-year agreement, the group said on Jan 9.

To develop electric vehicle industry, Thailand is not only offering subsidies to increase incentives but also, according to the Minister of Industry, Pimpatra Wichaikul, has urged the DPIM to expedite for lithium ore sources.

The latest report from the Indonesian Geothermal Association (API) reveals that the geothermal power generation capacity is projected to increase by only 43MW by 2023, falling significantly short of the 190MW target.

Thai electric bus operator, Energy Absolute, announced on Jan 8 that it had sold the first carbon offsets under a new system established by the Paris Agreement to a Swiss fossil fuel group, a major landmark for putting into action the UN climate accord.

Indonesian government officials recently ruled that 200,000 hectares of oil palm plantations are planned to be returned to the state and converted back into forests, and that figure may increase.

Global economic growth has slowed down, and Vietnam is no exception. Despite this, there are bright spots in public investment and Foreign Direct Investment (FDI) projects; capital from China, Hong Kong, and Taiwan has flowed back into Vietnam.

Malaysia’s Minister for Natural Resources and Environmental Sustainability, Nik Nazmi, is taking measures to tackle climate change by proposing a substantial shift in energy subsidies and promoting sustainable practices.

As demand for decarbonization grows, discussions surrounding carbon capture have gained momentum. However, the technology has also drawn mounting opposition.

According to the report from Indonesian government, the country’s green hydrogen potential is projected to reach 185,101 GWh by 2060. The report also pledges that Indonesia aims to become a green or low-carbon hydrogen exporting country as early as 2030.

Vietnam Electricity Group (EVN) held its annual conference on Jan. 2, to review the past year's performances and announce new objectives. The attention was focused on how to resolve the power shortages issue and whether electricity prices will rise again.

Nefin Group, an independent green power producer, targets to secure 100 MW of solar power projects across Southeast Asia in 2024, with Malaysia expected to contribute over 30% of the total, driven by an expansion in market penetration and market share.

Pertamina and Japan’s JERA have signed a Memorandum of Understanding (MoU) to work on business opportunities, focusing on enhancing the value of the fuel value chain and infrastructure investment in low-carbon fuels like LNG, hydrogen and ammonia.