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April 11, 2024

Philippines aims for 53 GW by 2040 under higher renewable portfolio standard

The Philippines would need 52.83 GW of renewable energy capacity by 2040, following the Department of Energy (DOE)’s increase of the renewable portfolio standard (RPS) to 2.52%.
April 08, 2024

The young Filipinos studying clean energy in China

Training projects are benefiting the renewable energy sectors of Belt and Road countries. In the autumn of 2023, 18 Filipino students, with ages ranging from 17 to 22, came to China to start a course in “new energy engineering”.
April 02, 2024

"Greenflation" leads to downgrading green energy targets in ASEAN countries

"Greenflation" has become a factor to countries in Southeast Asia, including Indonesia and Vietnam, in lowering their commitments to renewable energy targets. Meanwhile, in Malaysia, the weakening currency is hindering the funding for decarbonization effo
March 22, 2024

Indonesia to reassess geothermal potential to attract investment

Indonesia’s strategic location along the Pacific Ring of Fire endows it with approximately 40% of the global geothermal reserves. Despite having a geothermal generation capacity of around 24 GW, limited demand has hindered investment attraction. As a resu
March 22, 2024

Mitsubishi, PTT to explore ammonia-fired power in Thailand

Thai state-owned oil and gas firm PTT and Japan’s Mitsubishi Heavy Industries Asia Pacific have started a collaborative pre-feasibility study into utilizing 100% ammonia in gas turbine power generation in Thailand.
March 21, 2024

U.S. to fund $500 million in green exports to Vietnam

The U.S. has signed a $500 million deal to promote green exports to Vietnam, the source of the country's third-largest trade deficit and a quickly rising manufacturing alternative to China.
March 14, 2024

Finland's Wartsila Group plans to develop Vietnam's first flexible power plant

Vietnam's National Power Development Plan 8 places "flexible power resources" on the national energy structure for the first time. The market potential attracting investment from Finnish major developer, Wartsila.
March 13, 2024

Experts warn of greenwashing in Thailand's Bio-Circular-Green model

The Thai government's green energy project has sparked concerns about agricultural land justice, with some villagers protesting forced land acquisition.
March 13, 2024

ACEN, BrightNight partner for 1 GW renewable projects in Philippines

ACEN, a subsidiary of the Ayala Group, has collaborated with US-based BrightNight to construct 1 GW of renewable energy portfolio in the Philippines. The Philippine firm said the renewables portfolio will entail an investment of $1.2 billion over the next
March 11, 2024

IFC green loan to speed up renewable energy in Thailand, Indonesia, and Vietnam

The International Finance Corporation, a member of the World Bank Group, and Siam Commercial Bank of Thailand have decided to provide a green loan to Thailand's renewable energy company, Sermsang Palang Ngan (SPN), totaling approximately 64 million USD.

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