Energy

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.

Malaysia’s solar opportunities to remain robust over the next five years – UOB Kay Hian

Solar and battery energy storage system (BESS) engineering, procurement, construction, and commissioning (EPCC) opportunities in Malaysia will remain robust over the next five years, UOB Kay Hian said on Monday.

USTDA funds study of American 600 MW reactors for Thailand’s first nuclear power plant

The U.S. Trade and Development Agency (USTDA) will fund a study of American small nuclear-reactor technology for Thailand's first nuclear power plant, part of Washington's push to promote its civil-nuclear industry abroad.

MBSB sees data center demand to drive Malaysia’s power capacity upcycle

MBSB Research has maintained its positive stance on Malaysia's renewable energy (RE) subsector, as accelerating data center electricity demand is driving a broader power capacity upcycle across generation, grid infrastructure, RE and battery energy storage system (BESS).

Singapore’s Sembcorp scraps $82M full takeover of Philippines’ solar developer Puente Al Sol

Singapore's Sembcorp Industries has terminated a proposed S$105 million ($82 million) acquisition of Philippine solar developer Puente Al Sol, ending its planned entry into the Philippine renewable-energy market.

Data center boom drives structural LNG demand in Southeast Asia, while South Asia remains out of reach – Wood Mackenzie

The hyperscale data center boom sweeping Asia is generating materially divergent outcomes for liquefied natural gas (LNG) demand across the region, with Southeast Asia emerging as a compelling new demand driver while South Asia remains structurally out of reach for gas, according to new research from Wood Mackenzie revealed on Monday.

Danantara begins construction of Bekasi City waste-to-energy facility

Danantara Indonesia, through PT Danantara Investment Management (DIM) and PT Daya Energi Bersih Nusantara (Denera), held the inauguration of construction project for the Waste-to-Electricity Management Facility (PSEL) of the City of Bekasi on Wednesday, in Ciketing Udik, Bantar Gebang, City of Bekasi, West Java.