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The power sector in Malaysia is expected to see a proliferation of solar projects in 2024, as households and companies seek to lower electricity bill and reduce carbon footprint.

The infrastructure unit of global asset manager Keppel Cooperation will supply electricity to the Singapore operations of semiconductor manufacturing giant GlobalFoundries under a multi-year agreement, the group said on Jan 9.

The latest report from the Indonesian Geothermal Association (API) reveals that the geothermal power generation capacity is projected to increase by only 43MW by 2023, falling significantly short of the 190MW target.

Global economic growth has slowed down, and Vietnam is no exception. Despite this, there are bright spots in public investment and Foreign Direct Investment (FDI) projects; capital from China, Hong Kong, and Taiwan has flowed back into Vietnam.

According to the report from Indonesian government, the country’s green hydrogen potential is projected to reach 185,101 GWh by 2060. The report also pledges that Indonesia aims to become a green or low-carbon hydrogen exporting country as early as 2030.

Vietnam Electricity Group (EVN) held its annual conference on Jan. 2, to review the past year's performances and announce new objectives. The attention was focused on how to resolve the power shortages issue and whether electricity prices will rise again.

Nefin Group, an independent green power producer, targets to secure 100 MW of solar power projects across Southeast Asia in 2024, with Malaysia expected to contribute over 30% of the total, driven by an expansion in market penetration and market share.

Pertamina and Japan’s JERA have signed a Memorandum of Understanding (MoU) to work on business opportunities, focusing on enhancing the value of the fuel value chain and infrastructure investment in low-carbon fuels like LNG, hydrogen and ammonia.

A recent report from the Malaysia Investment Bank suggests that in the next 5-10 years, listed companies in ASEAN countries will significantly adopt green energy, especially as global pressure to reduce carbon intensity continues to rise.

Indonesia’s state-owned electricity company PLN said to successfully reduced 1.05 million tons of carbon emissions and produce 1.04 TWh of clean energy in 2023 by optimizing biomass with co-firing technology at coal-fired power plants.

Laos’s Xekong 4 Power (XK4) and the Electricity Generating Authority of Thailand (EGAT) have inked a Power Purchase Agreement (PPA) for the Xekong 4A and 4B Hydroelectric Power Project.

Thailand-listed company RATCH Group has acquired full ownership of the Minh Luong hydroelectric power plant for $25 million. This move is part of RATCH's ongoing efforts to increase the proportion of renewable energy generation, with the aim of reaching 3