Energy

Asia’s grid investment accelerates, but Indonesia and Thailand risk falling behind – BMI

Grid investment is accelerating across developed East Asia as power networks struggle to keep pace with rapid renewable energy deployment, while slower spending in Indonesia and Thailand risks constraining renewables growth and widening the gap with regional peers, BMI Country Risk and Industry Research said.

VPBank, JBIC sign $27M green loan for southern Vietnam power transmission line

Vietnam's private bank VPBank has signed a $27 million loan with Japanese banks to help build a high-voltage power-transmission line in southern Vietnam, part of efforts to move more renewable electricity onto the national grid.

Vietnam conglomerate Vingroup establishes $39M oil-gas trading firm

Vietnam's conglomerate Vingroup, known for its electric vehicle (EV) manufacturer VinFast, has established Vin Oil&Gas Global, a subsidiary to trade petroleum and gas, with a charter capital of VND10 trillion ($38.5 million).

Lower CRESS charge to spur Malaysia solar project awards, analysts say

Malaysia's cut in the system access charge for firm renewable energy supply is expected to accelerate the rollout of corporate renewable energy projects, with solar engineering, procurement and construction (EPCC) awards potentially starting from the fourth quarter of 2026, according to research houses.

Vietnam’s data center operator CMC, Viettel petition ministry over power pricing after cutoff threat

Two of Vietnam's largest data-center operators, CMC and Viettel, have asked ministries to clarify a dispute over electricity pricing that brought their Ho Chi Minh City facilities close to a power cut-off.

Malaysia’s renewable energy delivery faces rising skills, contractor risks, BIMB Says

The rapid expansion of renewable energy projects is increasing execution risks related to workforce skills, site safety and contractor management, BIMB Securities said on last Friday.

ResponsAbility commits up to $25M to back Verdant Energy’s renewable energy growth across Thailand

Switzerland-based investment firm responsAbility will provide up to $25 million in non-recourse project financing, on behalf of its investors, to support the expansion of Verdant Energy’s solar portfolio in Thailand.

Asian markets tighten scrutiny on AI demand as grid strain lifts thermal power’s upside – BMI

Asian markets have tightened scrutiny on artificial intelligence (AI) demand as grid strain lifts thermal power's upside, BMI Country Risk and Industry Research said on Thursday.

[Discover Vietnam Tech] Vietnam’s solar push needs more than panels. Stride is betting on finance

In an interview with TNGlobal for the Discover Vietnam Tech series, Fairthorne discussed why finance professionals are investing in solar, how rooftop power fits into Vietnam’s energy grid, and the largely untapped market for surplus electricity.

Data center-led demand growth will drive substantial investments in Malaysia’s power sector – Moody’s

Rapid data center expansion in Malaysia (A3 stable) will drive an increase in electricity demand over the next ten years, requiring substantially higher investments across the power sector, Moody's Ratings said on Thursday.