$1.4 billion nickel deal in Indonesia
Chinese battery maker GEM and mining company PT Vale Indonesia contract to process a key component of battery energy storage systems. Mining Technology
Philippines breaks ground on 3.5 GW solar and battery storage project
Terra Solar is developing the $4 billion project with global infrastructure company Actis and engineering services from Energy China. Enerdata
Vietnam group launches e-taxi fleet in Jakarta
Global and Smart Mobility (GSM), a subsidiary of Vingoup, deployed 1,000 vehicles with plans to expand to 10,000 in 2025. Vingroup is also in talks for a $1.2 billion EV charging deal in Indonesia. Recessary
Japan’s Inpex to expand Indonesian geothermal power
The Japanese energy giant, in partnership with Indonesia state-owned PLN, seeks to double geothermal generation capacity to 170 megawatts. Recessary
Bangladesh secures $900 million climate financing
Two new agreements with the World Bank will provide funding for climate resiliency and transition projects. World Bank
Cash infusion for Tajikistan’s Rogun hydropower plant
The Asian Infrastructure Investment Bank approves $270 million for project development, which is co-financed with the World Bank. AIIB
Featured photo: E-taxis in Jakarta. Source: Green and Smart Mobility