News

Vietnam's business giant Vingroup, globally known for its electric vehicles, is set to enter the energy sector, focusing on wind, solar, and liquefied natural gas (LNG) power plants. The total investment could reach up to $30 billion.

TECO Electric & Machinery Co. held an acquisition signing ceremony today (19th) in Kuala Lumpur, Malaysia, with local MEP engineering company NCL Energy Sdn Bhd (hereinafter referred to as NCL).

To attract investment from high-tech industries, the de facto leader of Thailand’s ruling Pheu Thai Party, Thaksin Shinawatra, announced that the government will increase the use of renewable energy sources like solar power.

U.S. Treasury officials have confirmed that the United States has withdrawn from the Just Energy Transition Partnership (JETP), refusing to provide the financing needed by developing countries for climate transformation.

Since President Trump took office, he has imposed additional tariffs on many imported products, raising concerns in some Southeast Asian countries about the potential impact and prompting them to devise countermeasures.

Thailand, which has been suffering from high electricity prices, faced a setback when the Energy Regulatory Commission (ERC) proposal to reduce renewable energy investments was rejected.

Indonesia’s recent amendment to its Mining Law has ignited heated debate and is expected to impact the country’s renewable energy development.

Vietnam is expected to finalize the updated National Power Development Plan (PDP8) by the end of February. According to the draft, the country has significantly raised its electricity demand forecasts, energy imports, and renewable energy capacity. Solar

Indonesia’s newly established national investment institution, "Danantara," is set to officially launch on Feb. 24. Even before its official start, it has already received promising news.

Indonesia has unveiled its updated National Power Supply Plan (RUPTL), projecting an additional 71GW of installed capacity over the next decade, with a focus on solar, hydropower, and geothermal energy to drive renewable power generation.