News

News

Market

August 29, 2024

ACEN, Barito Renewables partner to expand wind power in Indonesia

ACEN energy company announced a new partnership with Indonesia's Barito Renewables, aiming to expand wind power projects in Indonesia.
August 27, 2024

Southeast Asia is set to be global EV industry hub, report says

Despite a slowdown in global electric vehicle (EV) market growth, BloombergNEF’s latest report remains optimistic about Southeast Asia becoming a global hub. The report forecasts that by 2040, the region will account for 56% of global EV sales.
August 21, 2024

Japan, Southeast Asia sign 70 new deals to drive regional decarbonization

The Asia Zero Emission Community (AZEC), led by Japan, held a ministerial meeting in Indonesia on August 20 and 21. During the meeting, 70 cooperation memorandums were signed to actively promote energy transformation in Southeast Asia.
August 19, 2024

Singapore, Philippines unite to retire coal plants early with 'transition credits'

On the 16th, Philippine energy giant ACEN, Singapore’s green investment company GenZero, and multinational company Keppel signed a memorandum of understanding to develop clean energy solutions aimed at helping coal-fired power plants retire early and obta
August 05, 2024

Southeast Asia EV market surges as US, EU sales slow

As electric vehicle (EV) sales slow down in Europe and the US, the ASEAN market is experiencing notable growth, according to a report released by Maybank Investment Bank.
July 30, 2024

Is nuclear energy the solution for ASEAN’s net-zero goals?

While Taiwan has recently rekindled discussions on nuclear energy due to the pro-nuclear stance of new officials, Southeast Asian countries, though not yet utilizing nuclear power, view it as crucial for achieving net-zero emissions.
July 18, 2024

ASEAN Power Grid encounters setback as Singapore-Laos agreement hits snag

Japan had just announced its support for Indonesia in expanding cross-island transmission infrastructure, which could accelerate the integration of the ASEAN regional grid. However, it has been reported that the progress of the cross-border green energy p
July 09, 2024

Walsin Lihua teams up with NKT to build Taiwan's first submarine cable plant

Walsin Lihwa to establish Taiwan's first and currently only submarine cable manufacturing facility. Despite the anticipated timeline, Walsin Lihwa is eyeing the Asia-Pacific green energy market spurred by trend in data centers and EVs.
June 18, 2024

Malaysia is emerging as a data center powerhouse while Thailand is trying to keep up

AI drives Southeast Asia data center boom. Johor Bahru, at the Malaysia-Singapore border, is emerging as Southeast Asia's fastest-growing data center city. This rise could position Malaysia to surpass Singapore as the region's largest hub.
May 21, 2024

Small modular reactors gain traction in Southeast Asia to cut emissions

Small modular reactors (SMRs), which are smaller and produce less nuclear waste, are gaining traction, particularly in Thailand and the Philippines.

Subscribe to our latest insight now

TOP
Download request

Please fill out the form to download samples.

Name
Company
Job title
Company email
By using this site, you agree with our use of cookies.