News
ASEAN
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
March 12, 2024
Rapid decline of blue carbon in Southeast Asia due to human activity
Southeast Asia’s beaches have long captivated tourist’ attention, yet few have recognized another potential of its vast coastline: the ability of its rich marine life to reach carbon neutrality.
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 26, 2024
Analysis: China remains key to success of Southeast Asia’s energy transition
Effecting the energy transition is no simple matter, however. Large-scale deployment of renewables requires enormous investment. Yet in ASEAN, as in developing countries elsewhere, such projects face a range of problems.
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.
January 04, 2024
Laos, Thailand signs PPA for Xekong hydroelectric project
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.
