Author: Rashida

The Ministry of Trade, Industry and Energy (MOTIE) in South Korea is spearheading a bold push towards regulatory innovation to solidify the nation’s status as a frontrunner in hydrogen technology. With an eye towards fostering investment in critical areas like electrolysis and liquid hydrogen production, MOTIE has unveiled a comprehensive set of measures aimed at streamlining regulations and promoting industry growth. This multifaceted initiative comprises 49 distinct project tasks geared towards regulatory improvement. These tasks have been meticulously identified through a combination of rigorous site inspections and strategic business conferences. Moreover, an additional 13 projects are slated for thorough review…

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The International Energy Agency (IEA) has announced its plans to establish a Regional Cooperation Centre in Singapore. This marks a significant milestone as the organization’s first venture beyond its headquarters in Paris, France and it is expected to commence operations in the latter half of 2024. This move reflects the IEA’s commitment to fostering collaboration and driving energy transformation across Southeast Asia and beyond. In a collaborative effort with the Singapore Ministry of Trade and Industry, the regional office aims to bolster energy security and facilitate the transition towards cleaner, more sustainable energy systems. Its mandate includes a wide range…

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NEFIN Group, the APAC power producer, has secured a significant solar farm project in Teluk Intan, Perak, Malaysia, indicating a substantial stride towards sustainable energy production in the region. The project, costing approximately RM130 million, is anticipated to generate 60,750 MWh of clean energy annually, effectively offsetting thousands of tons of CO2 emissions. This initiative is said to be a part of the Corporate Green Power Programme (CGPP) led by the Energy Commission (Suruhanjaya Tenaga). This reveals Malaysia’s commitment to transitioning towards renewable energy sources. Glenn Lim, CEO of NEFIN, highlighted a remarkable 40% increase in revenue and the acquisition…

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China is moving towards substantial investments with the green energy projects in regions like Africa, the Middle East, and Central Asia. Despite earlier challenges, these regions are now witnessing significant advancements in power generation and solar energy equipment production, thanks to collaborations with Chinese companies. Last year alone, Chinese-backed projects in these areas experienced remarkable growth in dollar terms. As per reports, Africa saw a record high of around US$2.7 billion invested in alternative power in 2023, while the Middle East received a total of US$9.48 billion in investments from 2018 to 2023, dwarfing the figures from the previous decade.…

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In the upcoming quarter, Tenaga Nasional Bhd is poised to launch Malaysia’s first utility-scale battery energy storage system (BESS) pilot project, with a capacity of 400 megawatt-hours (MWh). This initiative marks a significant step forward in addressing the intermittency challenges associated with renewable energy (RE) in the country. This will be managed by the national utility outfit and overseen by the Energy Commission. This pilot project is a strategic move to bolster the nation’s energy transition efforts and enhance the resilience of the electricity grid network. The Ministry of Energy Transition and Public Utilities emphasized the importance of this project…

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In 2023, Japan’s wind power capacity surged to over 5.2 gigawatts (GW), solidifying its position as a key player in the global renewable energy arena. Data from the Japan Wind Power Association revealed that this substantial capacity is distributed across 2,626 units, symbolising a significant contribution to Japan’s efforts to transition towards sustainable energy sources. As per data, the year 2023 witnessed remarkable growth in Japan’s wind energy sector, with the installation of 573.2 MW of new wind projects. According to the preliminary data from the association highlights the development of 24 wind farms, collectively adding 572.3 MW of capacity…

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AirTrunk, a data center firm in the Asia-Pacific (APAC) region, has forged a virtual Power Purchase Agreement (vPPA) with ib vogt, a renewable energy developer in Malaysia. This is said to be a part of Malaysia’s Corporate Green Power Programme (CGPP). This landmark agreement indicates AirTrunk’s commitment to embracing renewable energy solutions and reducing its carbon footprint. By partnering with ib vogt, AirTrunk secures access to renewable energy from a 29.99MW solar farm under development. The initiative aligns with AirTrunk’s broader sustainability objectives and its ambition to lead the industry in adopting eco-friendly practices. Damien Spillane, AirTrunk’s Chief Technology Officer,…

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Eurus Energy Holdings Corporation has achieved a significant milestone in Japan’s renewable energy landscape with the successful commencement of operations at the Kabaoka Wind Farm. The project is located in Wakkanai City, Hokkaido. This wind farm is developed by the group subsidiary Dohoku Wind Farm LLC, boasts a capacity of 42 megawatts (MW). The project, which officially began operations on February 5, 2024, represents a pivotal addition to the Dohoku Wind Power Generation Project, augmenting a series of successful wind farms including Hamasato, Kawaminami, and Kawanishi. Its feature includes ten wind turbines, each with an impressive output of 4.2 MW and…

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Basic Energy Corporation and Japan’s Renova have announced a collaboration for the development of the Mabini Wind Energy Project in the Philippines, with a capacity of 50 megawatts (MW). This partnership was finalised  through a memorandum of understanding signifying the initial and definitive step towards a Joint Development and Shareholders Agreement between Basic Energy’s subsidiary, Mabini Energy Corporation, and Renova. The Mabini Wind Energy Project, covered by the Wind Energy Service Contract granted by the Philippines’ Department of Energy in 2021, indicates a major step towards advancing renewable energy initiatives in the region. This project aims to harness the abundant…

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The PetroVietNam Technical Service Corporation (PTSC) has put forth plans to establish a renewable energy centre in Ba Rịa – Vung Tàu Province, aiming to bolster Vietnam’s movement towards the realm of renewable energy. According to Le Mạnh Cuong, Director-general of PTSC, since 2021, the corporation has diversified its focus to include offshore renewable energy as one of its key business domains. PTSC has attained and sustained most of the certifications for the oil, gas, and renewable energy services sector. As per the firm, PTSC offers a wide array of services to the offshore renewable energy sector, with the exception…

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