A Thai-based renewable energy technology company, Energy Absolute, plans to invest $3 billion in a battery 'gigafactory', hedging on Southeast Asia’s uptake of electric vehicles and smart grids. The factory's development plan is divided into two phases. The first features a plant with a production capacity of 1GWh, which is slated to open in Q3 of 2019. Energy Absolute is expected to finance an investment o ...

The world’s appetite for data is growing as businesses and processes go digital. To feed this demand, experts believe that the ICT industry will be responsible for 14% of global emissions by 2040. Singapore, a growing tropical data centre hub which accounts for 60% of Southeast Asia’s data centre market, expects to see data centres consume up to 12 percent of the country’s total energy demand by 2030, accor ...

According to the International Energy Agency, global natural gas trade has grown by more than 40% over the past 15 years. Over the next five years, current trade flows are expected to significantly diversify, boosted by development of liquefied natural gas (LNG) infrastructure. LNG trade, which grew by 11% in 2017 to 391 billion cubic meters (bcm) is expected to surpass 500 bcm in 2023, driven by strong dem ...

A collapsed dam in Laos is pushing the communist regime in the Southeast Asian country into unchartered territory, with leaders of the notoriously oppressive and opaque one-party state facing criticism a week after the disaster, according to seasoned observers based in the capital Vientiane. The regime's attempts to restrict information about the landlocked country's worst water-related disaster in decades ...

 PETALING JAYA: Global coal prices, which have been on a steady rise, hit a six-year high early this month, increasingly putting pressure on the power generation industry in the country. Coal plays a large role in Malaysia’s energy scheme and is fully imported. Some 63%, is imported from Indonesia, with another 24% coming from Australia and the remainder from nations as far away as Russia (11%) and South Af ...

Over the past few years, Tesla has grabbed western headlines for leading the global energy revolution. But while its CEO Elon Musk has hogged the spotlight, for good or for ill, another company, in the East, has been quietly changing the world. SoftBank is a Japan-based Internet, technology and communications giant. Like Musk, SoftBank’s founder and chief executive officer, Masayoshi Son, is a maverick tyco ...

Major transformations needed to put sustainable development in Asia Pacific back on track   New York (ESCAP News) Increased engagement from all sectors of society, along with a whole of government approach will be key to advancing the United Nation’s 2030 Agenda for Sustainable Development in the region where at the current rate of progress, only one of the Sustainable Development Goals (SDGs) is on tr ...

Greenko Group and overseas electric utilities are in separate talks with Equis Pte Ltd to acquire its Indian hydroelectric assets valued at around Rs 2,700 crore, two people aware of the development said. Discussions to buy Equis’s Hydreq hydropower platform come against the backdrop of sovereign wealth funds Singapore’s GIC Holdings Pte Ltd and Abu Dhabi Investment Authority (ADIA) investing a total of aro ...

A common bacterium that lives in the human gut and can sometimes cause nasty stomach upsets can be used for good, scientists from the University of British Columbia have discovered. In what may well be a first for the solar industry, they genetically engineered a culture of E. coli to make the bacteria produce greater amounts of sun-soaking dye lycopene (the red pigment in tomatoes) and then watched that ly ...

  Media Release – GWE – July 2018 (Attn media including energy and environment, management and sustainability, water and wastewater, food and beverage, agriculture and agribusiness processing, breweries and dairy production, meat, fish, poultry, and processed foods including snack foods, crops, including maize,  potatoes, beets, soybeans, cassava, rice, wheat, fruit including pineapples, energy crop gr ...