Nordic News, Business and Life in Asia
ScandAsia reports on the energy sector, with a focus on Nordic companies, renewable energy, wind power, solar energy, power generation, energy infrastructure, trade, investment, innovation and sustainability across Southeast Asia and China.
For more in-depth coverage of European energy technology and engineering, visit the Energy section of EuroThaiLink.
In a recent interview with Recharge, Trond Westlie, Ørsted’s Chief Financial Officer, emphasized that the current market for offshore wind assets favors buyers. He noted that selling stakes in offshore …
Ørsted CFO: Asia remains key focus Read More
Neste, a Finnish renewable fuels producer, has achieved a milestone by delivering its MY Renewable Diesel to the marine sector in Singapore. The delivery was conducted in partnership with KPI …
Neste delivers Singapore’s first renewable diesel for marine sector Read More
Denmark has emerged as the largest foreign investor in the Philippines’ renewable energy (RE) sector, with total investments amounting to PHP 416.41 billion in 2023, according to data from the …
Denmark Leads Foreign Investment in Philippine Renewable Energy Sector Read More
Danish offshore wind developer Ørsted has signed an agreement to sell a 50% stake in its Greater Changhua 4 offshore wind farm to Taiwanese Cathay Life Insurance for DKK 11.6 …
Ørsted sells half of its stakes in Taiwanese offshore wind farm Read More
Copenhagen Infrastructure Partners (CIP), a leading Danish offshore wind power developer, has expressed its willingness to collaborate with Vietnamese state-owned enterprises (SOEs) to advance renewable energy initiatives. Stuart Livesey, CEO …
Danish CIP partners ready to collaborate with Vietnamese SOEs in Offshore Wind Development Read More
Copenhagen Energy has received the Green Lane Certification from the Philippine Board of Investments, energynews reports. This allows the company to quickly move forward with its BuhaWind projects. The certification …
Copenhagen Energy secures certification for wind projects in the Philippines Read More
Danish Ambassador supports Philippines Danish Ambassador to the Philippines, Franz-Michael Mellbin, warned of rising global instability, highlighting concerns over nations seeking to reshape the international order for their national interests. …
Danish Ambassador supports Philippines amid global tensions Read More
Danish company Copenhagen Offshore Partners (COP) is investing $3 billion in the Philippines’ first offshore wind power project, targeting to generate 1-gigawatt (GW) of energy. The San Miguel Bay project, …
Danish firm investing $30m in Philippines’ first offshore wind project Read More
Bangchak Corporation Plc, a leading Thai energy conglomerate, is committing 120 billion baht to expand its business operations, with a significant focus on the upstream petroleum sector. Central to this …
Bangchak’s expansion fueled by investments in Norway’s Okea ASA Read More
Norwegian energy giant Equinor has decided to halt its investment plans in Vietnam’s offshore wind sector, creating a significant setback for the Southeast Asian country’s green power ambitions. A spokesperson …
Norwegian Equinor Withdraws from Vietnam: Offshore Wind Plans Abandoned Read More
The Swedish solar investment platform Trine has lent US$ 3 million in a debt financing facility to the Vietnamese solar energy startup Stride. Most of the money will make it …
Swedish firm backs Vietnamese solar energy startup Read More
The Asian company BCPG has succesfully exited its total portfolio in Japan. The company did this with a Danish renewable energy player, while gaining over 10 bilion baht in profit …
BCPG and a Danish energy company closes exit deal Read More
Vietnam has a Net Zero target for 2050, but a newly released report made by Vietnam’s Electricity and Renewable Energy Authority, the Danish Energy Agency, and the Embassy of Denmark …
Vietnam needs to speed up green transition Read More
The British oil and gas projects developer, Longboat Energy, has decided to sell its 50.1 percent stakes in Japex Norge. That sell is estimated to safe the company $1.25 milion …
Longboat exits Norway to further invest in Malaysia Read More
At least 16 wind energy facilities has been approved by the Philippine government. Included in the 16 wind energy facilities is a P163 billion project funed by Denmark The facilities …
The Philippine government approve large wind facility Read More
There have been installed two light detection and ranging devices in Camarines Sur with help from the Danish Government and among others, Copenhagen Infrastructure Partners (CIP). The two devices will …
Denmark help install wind-measuring devices in the Philippines Read More
Tore O. Sandvik the state secretary of Norwegian Ministry of Trade, Industry and Fisheries said, that Norway hopes to strengthen collaborations in areas of shipbuilding, fisheries and green transition. He …
Norwegian official hopes to strengthen ties with China Read More
Finland’s Minister for Foreign Trade and Development Ville Tavio attends the World Water Forum in Indonesia from 19 to 22 May 2024. The forum aims to strengthen progress in international …
Finnish Minister attends World Water Forum in Indonesia Read More
The energy conglomerate Bangchak Corporation, that is listed on the Stock Exchange of Thailand, continues to expand its presence in the world. It was released yesterday that the conglomerate is …
Thai Bangchak expands to Norway Read More
The Swedish Infrastructure consultancy AFRY announced yesterday, 2 April 2024, that they have been hired as owner’s engineer for a solar project in the Malaysian state of Kedah. The contract …
AFRY hired for solar project in Malaysia Read More
During a conference between Denmark and Vietnam it was stated that it would be relatively easy for workers in the oil and gas industry to transfer to the off-shore wind …
Many jobs in Vietnamese wind project Read More
The Norwegian Professor Dr. Carl F. Fey praised the development China has made in green innovation. He spoke about this at the annual Boao Forum conference. The focus at this …
China’s green innovation recognized by Norwegian Professor Read More
Different Finnish enterprises aim to expand in different sectors in Vietnam. However especially the energy sector is of interest to the Finnish business Wärtsilä. The Minister of Industry and Trade …
Finnish business aim to expand in Vietnamese energy sector Read More
The Philippines expressed interest in working with Norwegian energy companies in order to develop renewable energy sources, according to the Philippine Embassy in Oslo on 25 March 2024. The Philippine …
Philippines want to work with Norway on renewable energy Read More
The Swedish energy and infrastructure consultancy AFRY has been hired by the Filipino power company Aboitiz Power Corporation to handle a solar project. The project is supposed to happen in …
AFRY gets hired for Filipino solar project Read More
The Hydrogen and Fuel Cell Association of Singapore (HFCAS) and the Norwegian Hydrogen Forum (NHF) signed a memorandum of understanding (MoU) during a Singaporean delegation visit to Norway. The two …
Singapore and Norway strengthen hydrogen ties Read More
The Vietnamese Deputy Prime Minister Tran Hong Ha hosted a reception for Deputy head of Mission of the Danish embassy in Vietnam, Mette Ekeroth, and President and CEO of Vestas …
Vietnamese Deputy PM hosts reception for Danes Read More
The Deputy Prime Minister Tran Luu Quang underlined on a a conference on 12 March 2024, that there is still amble room for cooperation between Vietnam and the Nordic countries. …
Deputy PM in Vietnam reach out to Nordic countries for cooperation Read More
The Danish company Copenhagen Infrastructure Partners has signed a so-called Memorandum of Understanding (MoU) with the Vietnamese oil, gas, and renewable energy group PetroVietnam. Together they plan to launch a …
Danish and Vietnamese energy companies work together Read More
The Philippines’ Board of Investments (BOI) has made a significant move towards bolstering renewable energy by investing in off-shore wind energy. BOI has granted an expedited certificate for a P329 …
The Philippines embraces Danish partnership in wind energy Read More
European Union countries installed 40% more solar panels in 2023 than the year before. The main supplier being China. There are some cases where 95% of the solar panels were …
Europe installing massive amount of Chinese solar panels Read More
Research from Norwegian Rystad Energy shows that Southeast Asia will account for 10% of the region’s total solar capacity by 2030. Countries such as the Philippines, Indonesia and Thailand are …
Norwegian research sets goal for solar energy in Asia Read More
On December 22, 2023, Swedfund invested 12 MUSD in Southeast Asia Clean Energy Fund II (SEACEF II). This investment will contribute to providing scale-up capital to early-stage companies focused on …
Swedfund investment accelerates energy transition in Southeast Asia Read More
TGS, a global provider of energy data and intelligence, in collaboration with PGS and SLB, has announced the successful securing of pre-funding to expand multi-client seismic data coverage in the …
Norwegian energy giants secure funding for Malaysia project Read More
Denmark’s Seaborg Technologies and another Danish nuclear firm are interested to sign a memorandum of understanding (MOU) with the Philippines’ Department of Energy (DOE) on deploying sea-based small modular reactor …
Danish nuclear firms interested to make deal with Philippines on sea-based modular reactor tech Read More
Denmark and Philippines have made a job skills program with the aim of addressing the lack of workers to fulfill the renewable energy (RE) transition. The Danish Embassy in Manila …
Denmark and Philippines address lack of RE workers Read More
Chinese JA Solar has passed the Environmental Product Declaration (EPD) assessments in Norway. The company’s products are now registered on the EPD systems of Norway and Italy, reinforcing JA Solar’s …
Chinese JA Solar’s products pass EPD Assessment in Norway Read More
Singapore-based solar manufacturer REC has closed its two polysilicon production facilities in Norway. The Singapore-based manufacturer ceased operations in Kristiansand and Porsgrunn due to the Norwegian production being financially unsustainable. …
Singapore-based REC closes Norwegian facilities Read More
Swedish energy systems manufacturer, Metacon, has signed an MoU with Chinese firm PERIC Hydrogen Technologies. The agreement is to establish a strategic partnership for Metacon’s electrolyzes in China. The MoU …
Swedish electrolyze manufacturer signs MoU with Chinese firm Read More
Malaysia got its first energy storage system for electric car charging stations last week, with some help from the Norwegian company Pixii, who provides complete systems that transfer energy from …
Malaysia gets its first energy storage systems from Norway Read More
Many Danish investors are interested in bidding for renewable projects in the Philippines which the government is targeting to offer via its Smart and Green Grid System (SGGS) development platform. …
Danish investors interested to bid on Philippines RE projects Read More
An Indonesian energy transition project, supported by both Denmark and Norway, has been delayed. But perhaps that’s good? Indonesia’s Just Energy Transition Partnership (JETP) is project funded by the G7 …
Indonesian energy transition plan delayed. Perhaps for the better Read More
Norges Bank Investment Management, which manages the huge Norwegian Wealth Fund, has bought a 5 percent share in the local Malaysian company, Cahya Mata Sarawak Berhad. Cahya Mata is a …
Norwegian Wealth Fund invests in Malaysia Read More
PT Pertamina Power Indonesia and Danish Seaborg have signed a MOU to jointly explore the next generation of nuclear power technology. The MOU is mainly established to meet Indonesia’s future …
PT Pertamina Power Indonesia partners with Danish Seaborg Read More
Norwegian offshore wind installation company Fred Olsen Windcarrier (FOWIC) has been awarded a contract with the Japanese sustainable growth company Shimizu for the transportation and installation of monopile foundations for …
Norway and Taiwan in wind farm contract Read More
Norway is ready to cooperate with the Philippines in their emerging offshore wind industry. From 5-6 September 2023, The Royal Norwegian Embassy and British Embassy in Manila held a two-day …
Norway interested in Philippine offshore wind projects Read More
Chinese companies are overhauling their counterparts when it comes to generating income from solar, wind, nuclear and other types of renewable energy. The US companies that make up the world-renowned …
China in forefront when it comes to renewables income Read More
The Norway-Vietnam Business Forum was recently held in Ho Chi Minh City, Vietnam. Attending the forum were the Norwegian Ambassador Hilde Solbakken, Regional Director of Innovation Norway for Asia Ole …
Norway-Vietnam Business Forum held in Vietnam Read More
Danish energy trading house InCommodities on Friday, June 23, posted a record pre-tax profit for 2022 of 1.37 billion euros. Benefiting from gas and power market volatility the company is …
Danish trader InCommodities eyes Asia expansion Read More
After arriving to the Philippines for his first posting as Ambassador, Christian Halaas Lyster could immediately conclude that the ties between his host country and Norway are very strong and …
Ambassador debut and Southeast Asia return for Norway’s Christian Lyster Read More