Energy
HCMC seeks clarification on power price for $2.1B AI data center
Vietnam's Ho Chi Minh City management board for export-processing zones and industrial parks (HEPZA) has asked the municipality to review and unify power-price guidance for an AI data center at Tan Phu Trung Industrial Park.
Thailand’s SCG to soon restart Long Son Petrochemicals complex in Vietnam
The Siam Cement Group (SCG), a major industrial conglomerate in Thailand, will soon resume operation of the $5-billion Long Son Petrochemicals (LSP) complex in Vietnam.
Murphy Oil starts Vietnam oil production at Lac Da Vang, reports nearby discovery
The United States' Murphy Oil has begun production from its Lac Da Vang (Golden Camel) oil field offshore Vietnam and made an exploration discovery at a nearby well in the same block.
Temasek Trust partners World Bank Group to advance shared development priorities
Both organisations will explore co-financing and innovative financing approaches to mobilise additional resources, initially focusing on climate and energy, water, agriculture, and health.
Philippines President Marcos backs Mitsubishi’s $700M investment in energy firm Ayala
Philippine President Ferdinand Marcos Jr. has lauded Mitsubishi Corp.'s investment of $700 million in energy firm Ayala Corp as among the largest foreign equity investments in the Philippines in recent years.
SoftBank, Grab & PETROS to explore AI infrastructure & ecosystem development in Sarawak, Malaysia
Japan-based SoftBank Group Corp, Singapore-headquartered Grab Holdings Ltd and Petroleum Sarawak Bhd (PETROS) on Thursday signed a Framework Agreement to explore the development of an artificial intelligence (AI) and digital infrastructure platform in Sarawak, Malaysia.
US’ First Solar sues China’s JA Solar, Vietnam unit over solar cell patent
The US-based solar cell maker First Solar has sued Chinese rival JA Solar and the US-based distributor American Panel Solutions, alleging they infringed its patent on making TOPCon solar cells
Southeast Asia divided over AI’s environmental impact – ISEAS survey
Public opinion across Southeast Asia is divided over artificial intelligence (AI)’s environmental impact, with 47.9 percent of respondents viewing AI positively but 30.2 percent holding negative views, while 21.9 percent say they lack enough knowledge to assess its environmental costs and benefits, a survey launched by the ISEAS – Yusof Ishak Institute…
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.
