News

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.

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.

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.

"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

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

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.

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.

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.

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.

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.