Thailand Moves to Liberalize LNG Market, Upgrades Infrastructure

Thailand Moves to Liberalize LNG Market, Upgrades Infrastructure

Apr 23, 2022

Thailand is seeking to secure more liquefied natural gas (LNG) as sanctions threaten supplies from Myanmar and a steep production fall is registered at the offshore Erawan field, which provides the lion’s share of the country’s gas needs. Thailand is...
Malaysia’s Renewable Energy Target – 40% by 2035

Malaysia’s Renewable Energy Target – 40% by 2035

Apr 20, 2022

Malaysia’s Energy and Natural Resources Ministry has doubled the country’s green energy or Renewable Energy (RE) generation target to 18,000 megawatts (MW) by 2035, up from the current 8,700 MW. The energy transition plan, which will last until 2040, aims for a 31% RE...
SIT Punggol to Build Largest Private Microgrid in Singapore

SIT Punggol to Build Largest Private Microgrid in Singapore

Apr 20, 2022

The Singapore Institute of Technology (SIT) has announced that the Singapore Power Group (SP) plans to invest up to an additional USD 6 million to enhance the microgrid it plans to build on SIT’s future Punggol Campus. This enhancement is almost double that of its...
Meralco Allots USD 2.9 Billion for CAPEX in the Next Four Years

Meralco Allots USD 2.9 Billion for CAPEX in the Next Four Years

Apr 20, 2022

Manila Electric Co. (Meralco) is allotting PHP 149.66 billion (USD 2.9 billion) for its capital expenditure (capex) program in the next four years. On a per year basis, Meralco has set a capex budget of PHP 37.53 billion (USD 718.9 million) for 2023; PHP 43.5 billion...