News

The Philippines government has clear policies for attracting investment in renewable energy, with a current prospective utility scale of 99 GW in wind and solar projects. However, the Philippines will need to overcome a series of challenges in its future

Singapore's Singtel has announced the expansion of its internal carbon pricing policy. Going forward, any project with total carbon emissions exceeding 100 tons will be subject to a carbon price of SGD 50 per ton (about USD 37).

Philippine approved the construction of 16 offshore wind farms, with an estimated potential capacity of 7,668 MW. The one built in San Miguel Bay with an installed capacity of 1 GW is going to be the first and largest offshore wind farm in the country.

Indonesia’s state-owned oil company, Pertamina, announced on June 21 that it will invest $6.2 billion over the next five years to expand its renewable energy development.

A charge on emissions for cargo vessels would become the first global carbon price, but disagreements on system design and starting prices remain.

Thailand's latest power development plan (PDP) raises the renewable energy generation target from the previous 36% to 51%. However, some renewable energy industry stakeholders believe that the country should set even more ambitious goals.

To meet the demands of cloud computing and artificial intelligence (AI), investments in data centers in Malaysia have surged. However, this has raised concerns about the shortage of power and water in Selangor, Johor.

The U.S. think tank IEEFA's new report indicates that more than 800 coal-fired power plants in emerging markets could transition to renewable energy profitably, creating more investment opportunities for the decarbonization of the energy industry.

Pupuk Indonesia, an Indonesian state-owned fertilizer company, is dedicated to accelerating their development of clean ammonia products, with a primary focus on adopting the demands of countries like Japan and South Korea.

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.