energy
Malaysia’s battery firm Econili lifts funding to $2M with Vynn Capital extension
Econili Battery New Energy, a Malaysian lithium-ion battery recycler, has raised new capital from Vynn Capital, a venture firm focused on mobility, travel, and supply chains, increasing the total funding to MYR8 million ($1.96 million).
Vietnam-Malaysia-Singapore 1.3-GW power initiative wins conditional approval from Singapore
Singapore's Energy Market Authority (EMA) has granted conditional approval to Sembcorp Utilities as the designated importer for the 1.3-GW Vietnam-Malaysia-Singapore renewable electricity initiative.
Singapore picks Keppel, Sembcorp, Tuas Power for Southeast Asia’s first biomethane import pilot
The Singapore Economic Development Board (EDB) has appointed three power generators, Keppel Energy, Sembcorp Utilities, and Tuas Power Generation, as biomethane aggregators under Singapore's 300-MW regulatory sandbox.
Vietnam PVN, Denmark CIP to jointly develop $4B offshore wind power project
Vietnam National Industry-Energy Group (Petrovietnam or PVN) and Denmark's Copenhagen Infrastructure Partners (CIP) have signed an agreement to develop the Nam Trung Bo 1 offshore wind project in Vietnam's south-central region.
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).
[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.
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.
US-based data center operator Equinix signs Singapore solar deal, targets 215 MWp
Equinix, a data center operator based in the United States, has signed its fourth renewable energy power purchase agreement in Singapore since 2024, an agreement with Flo Energy Singapore for at least 11.5 MWp of solar power.
US to invest $2.5B in Southeast Asia, including AI initiative, $1.5B in energy
The United States is investing more than $2.5 billion in Southeast Asia, headlined by a new artificial intelligence (AI) initiative to export American AI technology across the region and a $1.5 billion platform to build out energy infrastructure.
US’s Apollo to invests $1.5B in Singapore’s Keppel offshore energy fund
The United States-based alternative asset manager Apollo (NYSE: APO) will invest $1.5 billion through Apollo-managed funds and affiliates into Keppel Ltd.'s Keppel Offshore Fund (KOF), a portfolio of offshore energy assets managed by Singapore's Keppel (SGX: BN4).
