News
ASEAN
August 27, 2024
Southeast Asia is set to be global EV industry hub, report says
Despite a slowdown in global electric vehicle (EV) market growth, BloombergNEF’s latest report remains optimistic about Southeast Asia becoming a global hub. The report forecasts that by 2040, the region will account for 56% of global EV sales.
August 21, 2024
Japan, Southeast Asia sign 70 new deals to drive regional decarbonization
The Asia Zero Emission Community (AZEC), led by Japan, held a ministerial meeting in Indonesia on August 20 and 21. During the meeting, 70 cooperation memorandums were signed to actively promote energy transformation in Southeast Asia.
August 19, 2024
Singapore, Philippines unite to retire coal plants early with 'transition credits'
On the 16th, Philippine energy giant ACEN, Singapore’s green investment company GenZero, and multinational company Keppel signed a memorandum of understanding to develop clean energy solutions aimed at helping coal-fired power plants retire early and obta
August 05, 2024
Southeast Asia EV market surges as US, EU sales slow
As electric vehicle (EV) sales slow down in Europe and the US, the ASEAN market is experiencing notable growth, according to a report released by Maybank Investment Bank.
July 30, 2024
Is nuclear energy the solution for ASEAN’s net-zero goals?
While Taiwan has recently rekindled discussions on nuclear energy due to the pro-nuclear stance of new officials, Southeast Asian countries, though not yet utilizing nuclear power, view it as crucial for achieving net-zero emissions.
July 29, 2024
Mapping the future of solar capacity in Southeast Asia
A look at Southeast Asia’s evolving landscape of solar energy adoption, from achievements to hurdles and future aspirations.
July 18, 2024
ASEAN Power Grid encounters setback as Singapore-Laos agreement hits snag
Japan had just announced its support for Indonesia in expanding cross-island transmission infrastructure, which could accelerate the integration of the ASEAN regional grid. However, it has been reported that the progress of the cross-border green energy p
July 09, 2024
Walsin Lihua teams up with NKT to build Taiwan's first submarine cable plant
Walsin Lihwa to establish Taiwan's first and currently only submarine cable manufacturing facility. Despite the anticipated timeline, Walsin Lihwa is eyeing the Asia-Pacific green energy market spurred by trend in data centers and EVs.
July 03, 2024
Japan to help ASEAN expand green energy through regional power grid
Japan is set to join the ASEAN power grid race. Prime Minister Fumio Kishida is expected to announce Japan's support for ASEAN member countries in expanding their power transmission and distribution networks. This initiative aims not only to promote decar
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.