Vietnam to Open Bilateral Power Purchase Agreements for Renewable Energy
Since 2020, the Vietnamese government has been working on a plan to permit bilateral power purchase agreements (PPAs). A pilot scheme for renewable energy is expected to start in the first quarter of 2023. Vietnam’s Ministry of Industry and Trade (MoIT) hopes...
Norwegian Company Expand to the Philippines´ Renewable Energy Sector
Scatec ASA, a leading renewable energy producer based in Norway, recently announced that it will be injecting billions of dollars of investments with a plan to build five wind energy projects in the Philippines. Furthermore, Scatec plans to invest a total of USD 946...
Shell Invests in Phase 4 of Deepwater Project in Malaysia
Shell PLC announced its second investment in Malaysia’s oil and gas sector within a month through its local unit, Sabah Shell Petroleum Co, in the phase 4 of the Gumusut-Kakap-Geronggong-Jagus East (GKGJE) deepwater offshore development project. Shell will be joining...