News

Vietnam's PDP8 envisages the renewable energy industry and also highlights the substantial investment required to develop green energy, providing potential opportunities for foreign investments. Here are the highlights.

Australia will provide $50 million in climate funding to Indonesia’s small and medium enterprises (SMEs) as well as startups for energy transition, according to Australian Prime Minister Anthony Albanese.

Vietnam is poised to become a regional leader in renewables, an energy policy official said. Still, challenges faced by investors such as uncertainty in the regulations and the shortage of infrastructures remain.

Vietnam’s Ministry of Industry and Trade (MOIT) and the EU delegation to Vietnam held a policy dialogue on the Sustainable Energy Transition Program (SETP) in Hanoi on June 30. The EU will provide 142 million euros through Official Development Assistance

The World Bank said on June 27 it had approved a $1.14 billion project to expand access to cleaner electricity in Indonesia, for which it will provide $500 million in financial support.

The World Bank said it has approved a $750 million (P41.9 billion) loan to boost the Philippines' environmental protection and climate resiliency reforms.

Solar in Southeast Asia is set for a rebound, after a two-year market contraction triggered by Vietnam’s abrupt suspension of its feed-in-tariff policy in 2020, the Asian Photovoltaic Industry Association (APVIA) and the Global Solar Council (GSC) indicat

Indonesia’s Energy and Mineral Resources (ESDM) Ministry has revealed that the use of new and renewable energy (EBT) in 2022 reached 300 MW.

China's non-fossil fuel power sources now exceed 50% of its total installed electricity capacity, state media Xinhua said on June 12, citing an official at the National Reform and Development Commission.

With the global energy crisis as a catalyst, solar PV and wind are set to lead the largest annual increase in new renewable capacity ever, IEA report shows.