News
ASEAN
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.
June 06, 2024
What are Just Energy Transition Partnerships, and what progress has been made in Indonesia?
To accelerate decarbonization efforts in the power sector, Southeast Asian countries require strategic climate assistance. Therefore, the implementation of projects like the Just Energy Transition Partnerships (JETPs) is crucial for developing economies.
June 04, 2024
Singapore, Cambodia, Laos form alliance to boost cross-border electricity trade
In a significant move to enhance regional energy cooperation, Singapore, Cambodia, and Lao PDR have established a working group aimed at facilitating cross-border electricity trade and advancing the ASEAN Power Grid (APG) vision.
May 22, 2024
Japan’s Mizuho to fund coal plant to early shutdown in Southeast Asia
Mizuho Financial Group in Japan has announced a relaxation of investment restrictions on coal-fired power plants. Starting in July, the group will provide financing to assist the early decommissioning of power plants in Southeast Asian countries, becoming
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.
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