Energy
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Sembcorp’s purchase of Australia’s Alinta Energy has green risks
Post-acquisition, the Australian utility may present significant capital expenditures or a slower-than-expected green transition [SINGAPORE] At the heart of Sembcorp’s plan to buy Australian utility Alinta Energy is the chance…
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Ford cancels EV battery deal worth 9.6 trillion won with South Korea’s LG Energy Solution
[SEOUL] South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about 9.6 trillion won (S$8.4 billion). The…
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Rapid Advances in AI, Robotics and Energy Are Reshaping Battery Demands, And Safety Must Lead the Conversation
I often think about how quickly the world around us is changing, and how quietly batteries sit at the center of that transformation. If we want to understand what 2026…
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Kazakhstan and Japan: A Partnership Built on Trust in the Nuclear Energy Future
Japan’s national debate on nuclear energy often centers on three essential questions: Which reactors will restart? How much nuclear capacity does the country ultimately need? And how can public trust…
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Google signs solar power pact in Malaysia with Shizen Energy
The agreement highlights efforts by global tech firms to decarbonise their energy-intensive operations such as data centres [TOKYO] Alphabet’s Google has signed a solar power agreement in Malaysia, as the…
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Green stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power counters IT WAS supposed to be a glum year for green stocks as US President Donald Trump pushed his…
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Sembcorp’s Alinta Energy buy: One step forward on earnings, two steps back on emissions?
Sembcorp says the acquisition is driven by Alinta’s renewables pivot, not its Loy Yang B coal-fired power station [SINGAPORE] Sembcorp Industries’ acquisition of Alinta Energy is a “half-full” and “half-empty”…
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Sembcorp to acquire Australian power company Alinta Energy in A$6.5 billion deal
The asset is country’s fourth-largest utilities provider with around 1.1 million customers [SINGAPORE] Sembcorp Industries will acquire Australia’s fourth-largest utilities provider Alinta Energy. In a bourse filing on Thursday (Dec…
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Brookfield plans Singapore hires to tap Asia energy demand boom
The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals [SINGAPORE] Brookfield Asset Management plans to expand a team focused on deals…
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Brookfield plans Singapore hires to tap Asia energy demand boom
The firm aims to bring in up to four people to focus on renewable-energy and low-carbon tech deals [SINGAPORE] Brookfield Asset Management plans to expand a team focused on deals…
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Tactics to dump coal are failing in Asia as energy demand booms
Indonesia has cancelled a flagship project that was the poster child for shuttering coal plants early [BEIJING] Coal’s future in Asia is looking brighter, as the top-consuming region’s efforts to…
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Microsoft “aggressively” looking at South-east Asian clean energy projects amid data centre boom
The tech giant will also “take a very close look” at Singapore’s latest call to build new data centres [SINGAPORE] Microsoft is looking into cross-border clean energy projects in South-east…
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Sembcorp confirms talks to buy Australia’s Alinta Energy from Chow Tai Fook
[SINGAPORE] Sembcorp Industries on Monday (Dec 8) confirmed that it is in talks to buy Australia’s Alinta Energy, the country’s fourth biggest utilities company. In a bourse filing, it stated…
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AI Data Centre Electricity Demand Increasing US Utility Bills, Putting Households in Debt
Electricity prices tracked inflation from 2013 to 2023 but are likely to outpace inflation at least until 2026, according to the Energy Information Administration forecast earlier this year. The EIA’s…
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Sunpower Group subsidiaries to acquire stakes in two China thermal energy projects
It will take 15% equity interest in Xinneng Thermal Power, and the remaining interest in Changshu Thermal Power that it does not own [SINGAPORE] Sunpower Group on Thursday (Dec 4)…
