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May 16, 2024
Laos partners with Thailand's Energy Absolute to accelerate renewable energy goals
Laos is ambitiously pursuing renewable energy development, recently announcing a collaboration with Thailand's Energy Absolute (EA) to jointly develop hydropower and electric vehicles. This initiative is expected to boost Laos' revenue within three years.
April 29, 2024
REM Asia taps into supply chain decarbonization, green power market development in Asia-Pacific
The Renewable Energy Markets Asia 2024 (REM Asia) kicked off in Singapore on April 29, exploring the impact of global initiatives and policies on the industry.
April 16, 2024
Green investment resumes growth in Southeast Asia, but falls short of emission reduction targets
Green transformation investment in Southeast Asia has resumed growth, increasing significantly by 20% in 2023. However, it remains far from sufficient to achieve emissions reduction goals.
April 10, 2024
Global oil giants plan to storage huge amounts of CO2 in Southeast Asia
Carbon dioxide storage is emerging as a potential multi-billion-dollar revenue stream for oil giants like Exxon Mobil and Shell, which are under pressure to rein in the unfettered burning of fossil fuels.
April 02, 2024
"Greenflation" leads to downgrading green energy targets in ASEAN countries
"Greenflation" has become a factor to countries in Southeast Asia, including Indonesia and Vietnam, in lowering their commitments to renewable energy targets. Meanwhile, in Malaysia, the weakening currency is hindering the funding for decarbonization effo
March 15, 2024
Distributed energy source could provide 50% of green power in Southeast Asia: expert
Beyond large-scale projects like power plants, the development of renewable energy sources may find significant traction in rooftop solar and electric vehicles, potentially reshaping the market landscape. Experts suggest that with appropriate policies in
February 23, 2024
Laos’ biggest wind power project may provide excess electricity to Vietnam
The Lao government signed a Project Development Agreement (PDA) in collaboration with SVARE (Savan Vayu Renewable Energy) on Feb. 16. This agreement entails an investment of USD 2 billion to develop Laos' largest wind power project.
February 16, 2024
Floating solar PV emerges as key driver for renewables development in Southeast Asia
Floating solar PV capacity is expected to play a key role in fulfilling Southeast Asia’s overall solar expansion, with countries like the Philippines, Indonesia, and Thailand well positioned to use their unique geographies to support the technology.
January 22, 2024
Solar, wind capacity in ASEAN rises 20% in just one year, report says
Wind and Solar capacity in the ASEAN region increased by 20% in 2023, bringing the total to over 28 GW. According to a new report from Global Energy Monitor (GEM), the technologies now account 9% of electricity generating capacity in ASEAN countries.
January 08, 2024
Huge renewables opportunities in ASEAN: Maybank
A recent report from the Malaysia Investment Bank suggests that in the next 5-10 years, listed companies in ASEAN countries will significantly adopt green energy, especially as global pressure to reduce carbon intensity continues to rise.