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News
April 12, 2024
Green Indonesia Project exceeds expectations, attracting European bidders
Indonesia accelerates the implementation of Green Indonesia Project (Hijaunesia). Indonesia Power noted that the development of their solar power plants has progressed faster than before, with European firms participating in the bidding process.
April 12, 2024
Indonesia’s first marine floating solar power plant prototype set afloat
The first marine floating solar power plant prototype in Indonesia, Solar2Wave, has been launched with the aim of meeting the electricity needs of the community and reducing reliance on fuel-based power plants.
April 11, 2024
Vietnam’s DPPA becomes clearer as draft expected to be reviewed in May
The Direct Power Purchase Agreements (DPPA) mechanism has been proposed by the Vietnamese Ministry of Industry and Trade (MOIT) for over seven years. Finally, with recent urging from the Vietnamese Prime Minister, there has been significant progress.
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.