News

Southeast Asia’s clean energy industry is bracing for its third major setback, as U.S. tariffs intensify pressure on the wind and solar supply chains.

U.S. President Donald Trump’s announcement of new tariffs on imported products is not only dealing a blow to Southeast Asia’s solar industry but also expected to drive up the cost of renewable energy projects within the United States.

On April 3, Trump announced all imports to the United States will be subject to a new “baseline” 10% tariff. This is an additional tax charged by US Customs and Border Protection when products cross the border.

To support the growth of low-carbon industries in Malaysia, the Japanese government, through the Japan External Trade Organization (JETRO), announced at the end of March a list of 47 Japanese companies with established operations in the country.

To speed up the development of sustainable aviation fuel (SAF), the Thai government is partnering with six major local companies and their affiliates to establish a waste cooking oil-based SAF feedstock supply chain.

Vietnam’s government is conducting a comprehensive review of its feed-in tariff (FIT) regulations, a move that could significantly cut revenue for some operating renewable energy projects. This has sparked concern among industry players, who have filed a

A devastating 8.2 magnitude earthquake struck Myanmar, causing widespread power outages and fuel shortages. The disaster has led to panic buying of generators among residents, while rescue teams face difficulties accessing the hardest-hit areas.

To stimulate its carbon trading market, Thailand is revising regulations to relax cryptocurrency oversight. The proposed changes would allow the tokenization of carbon credits, carbon allowances, and renewable energy certificates using blockchain.

Vietnam's business giant Vingroup, globally known for its electric vehicles, is set to enter the energy sector, focusing on wind, solar, and liquefied natural gas (LNG) power plants. The total investment could reach up to $30 billion.

Western climate policy rollbacks are raising concerns about setbacks to Southeast Asia’s energy transition, as reduced financing and weaker climate accountability could slow progress across the region.