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Sembcorp Industries announced on Jan. 31 that it has acquired 100% of the shares in Puente Al Sol for a total of SGD 105 million (about USD 77.6 million), marking its strategic entry into the highly competitive solar energy market in the Philippines.

Vietnam has pledged to begin utilizing nuclear power by 2030. The government is also in discussions with five countries, including Russia, about potential cooperation.

Germany is increasingly looking outwards to find skilled workers to fill its green labour gap, especially to India.

As part of their energy transition efforts, many ASEAN countries view small modular reactors (SMRs), which have a lower electricity output, as a transitional energy solution. Indonesia has made the most progress, with 29 potential sites already confirmed.

To increase public awareness of the carbon tax, the Thai government has teamed up with Chulalongkorn University and two major oil companies.

Despite pledges for greater cooperation, obstacles hinder the rapid expansion of renewable energy investment.

The Electricity Generating Authority of Thailand (EGTA) announced on Feb. 13, 2024, that its subsidiary, EGCO Group, is planning to invest 30 billion Thai Baht (about 836 million USD) this year. This investment is aimed at adding 1,000 MW of electricity g

Global carbon emissions are expected to reach a new high in 2024, while the growth of the carbon credit market has stalled. However, the outlook for 2025 remains optimistic, as countries and companies continue to raise their emission reduction targets.

In response to U.S. President Trump’s threat of higher tariffs on Chinese companies, Indonesian battery manufacturers with close ties to Chinese firms are expanding their partnerships with other countries.

To encourage businesses to use renewable energy, Thailand has officially launched the Utility Green Tariff (UGT), setting the rate at 4.21 THB per kWh (about 0.12 USD), slightly higher than the current rate for conventional electricity.