renewable energy

Contracts

Keppel-led consortium secures $1.5 bil contract to develop integrated waste management facility in Tuas

The contract will see the trio develop both a waste-to-energy (WTE) facility and a materials recovery facility (MRF) for Singapore’s new Nexus Integrated Waste Management Facility in Tuas.

Sustainability

How will the oil price plunge impact renewable energy?

SINGAPORE (April 9): Burning more fossil fuel hurts the environment, but with crude oil prices staying way below the historical peak, the lure of basic economics has stymied the pace in which renewable energy is used as an alternative.

In print this week

Yinson to the rescue

Why Bursa Malaysia-listed Yinson is playing white knight to Ezion, the provider of liftboats and support vessels which is sinking from debt

Commodities

Oil conundrums

Persistently low crude oil prices have hampered upstream and midstream activity. This has been worsened by the increasing emphasis on sustainability and decarbonisation. Will the oil industry remain in the doldrums?

Sustainability

Singapore sees greener future in trading power with neighbours

(Nov 4): Singapore’s state-owned power grid operator wants to build more connections to neighbouring countries to tap their greater potential for renewable energy.

Sustainability

BlackRock unit aims to boost Asian renewable-energy portfolio to US$5 bil

TAIPEI (June 26): BlackRock Real Assets is aiming to boost its renewable power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world's fastest-growing region for green energy.

Corporate moves

OCBC says coal plants it's financing in Vietnam will be its last

(Apr 17): Oversea-Chinese Banking Corp., Southeast Asia’s second-largest lender, said two Vietnamese coal-fired power plants will be the last it finances as it increases funding for renewable projects.

M&A

Trek 2000 announces US$3 mil investment in local renewable energy solutions company

SINGAPORE (Jan 14): Trek 2000 International is acquiring a 7.5% stake in energy solutions company Terrenus Energy for US$3 million ($4.06 million).

Federal clinches contracts worth $10 mil for trading business and land rig charter

SINGAPORE (Sept 6): Federal International (2000) Limited, an integrated service provider and procurement specialist in the oil and gas, energy, utilities and infrastructure industries, announced that its wholly-owned subsidiaries, Federal Hardware Enginee
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