News

Laos’s Xekong 4 Power (XK4) and the Electricity Generating Authority of Thailand (EGAT) have inked a Power Purchase Agreement (PPA) for the Xekong 4A and 4B Hydroelectric Power Project.

Nearly 120 nations have pledged to triple their installed renewable energy capacity by the end of 2030 at COP28. This commitment is expected to accelerate the global energy transition, posing a new challenge in economies across Asia.

Geothermal power generation development is gaining steam in Indonesia and the Philippines, both have some of the world's largest reserves, as companies raise funds to capitalize on the shift towards renewable energy.

The number of jobs in the global energy sector rose to 67 million people in 2022, an increase of 3.5 million from pre-pandemic levels, according to International Energy Agency report.

As Southeast Asian countries gear up for the energy transition in a bid to meet their countries’ net-zero emission targets, a regional power grid connecting various member states of ASEAN may no longer just be a pipe dream.

ASEAN nations face the challenges of transitioning from fossil-fuel dependency to sustainable energy. An expert believes the rapid rise of distributed renewable energy (DRE) systems should offer promising solution.

Southeast Asia is home to some of the world’s fastest-growing economies. As energy demand grows, the region is turning to renewable energy to not only to sustain economic growth but also to safeguard its energy security.

Renewable energy generation in Southeast Asia can generate USD 90 billion to 100 billion in sustainable revenues by 2030, according to a new report.

ASEAN holds vast potential for generating carbon credits, given the region’s rich biodiversity and renewable energy sources. Climate experts suggest that member countries should collectively commit to a timeline for implementing regionwide carbon trading.