News

Thailand is expected to announce a new energy price structure around the end of this year or early 2024 to attract businesses to invest in renewable energy projects.

Southeast Asia is the world's third-largest two-wheeler market. In Indonesia, the biggest ride-hailing service operator Gojek, plans to replace all two-wheelers with electric motorbikes by 2030.

Singapore may start importing 2 GW of renewable energy annually from Indonesia within five years. These imports would account for 15% of its annual needs, marking its largest-ever cross-border electricity deal.

Thailand’s Public Health Ministry is embracing solar power and electric vehicles to reduce energy consumption and combat global warming.

Malaysia’s Sarawak state aims to supply 1 GW of renewable energy to Singapore by 2032, with negotiations to provide the electricity through submarine cables, according to Sarawak Energy Berhad.

Renewable energy generation in Southeast Asia can generate USD 90 billion to 100 billion in sustainable revenues by 2030, according to a new report.

Indonesia's PLN plans to add 32 GW of renewable energy capacity and invest in grids that would be able to connect to more renewable energy.

Vietnam will soon launch a new set of national criteria as the basis for green development. These criteria are specifically aimed at accelerating the development of green industries that comply with international standards.

Singapore is planning to expand a pilot project that boosts the ocean's capacity to absorb CO2 emissions using emerging technologies that supporters hope can play a key role in addressing climate change.

Singapore’s WealthGreen has launched its new app to disrupt sustainable investing and give retail investors access to the carbon credit market. The business was exemplified by Singapore’s Climate Impact X.