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Ninh Thuan is a focal point for renewable energy development in Vietnam. The local government announced its budget and development direction on Monday, revealing plans for the construction of six wind power projects and two hydropower projects.

The Thai Ministry of Industry is currently amending the Factory Act, and starting as early as this year, rooftop solar installations with a capacity exceeding 1MW will no longer require obtaining a factory license.

Indonesian President Joko Widodo visited Vietnam’s automaker VinFast’s factory on Jan 13 and said that he would create the necessary conditions for the EV maker to be able to quickly build a plant and invest in Indonesia.

The public hearing on the Energy Ministry’s Utility Green Tariff (UGT) project is expected to be held this month, with the tariff anticipated to be implemented in February, as announced by Thailand’s Energy Minister Pirapan Salirathavibhaga on Jan 15.

The world's biggest Consumer Electronics Show (CES 2024), focused on artificial intelligence and electric vehicles this year. VinFast, known as the “Tesla of Vietnam”, introduced three vehicles, including electric SUV, pickup truck, and electric bike.

The Bezos Earth Fund, a philanthropy funded by Jeff Bezos in 2020 with a commitment of $10 billion to tackle climate change, announced on Jan 10 that a $1 million ideation prize to generate creative ideas and solutions to remove greenhouse gas emissions.

Indonesia’s Financial Services Authority (OJK) is optimistic that carbon exchange will continue to grow in 2024. As of Nov 30 in 2023, the trading volume on IDX Carbon reached 494,000 tons of CO2e, with a transaction value of IDR 30.91 billion.

The green energy continues to expand, with the IEA reporting a significant 50% growth in global renewable energy in 2023 compared to the previous year. This growth added 510 GW, marking the fastest increase in two decades.

Indonesian pro-nuclear organization, the Nuclear New Energy Association (MEBNI), meets Indonesia’s vice president Ma’aruf Amin to seek for government support for the first nuclear power plant in the country.

French energy startup New World Wind has developed the “WindTree”, a tree-shaped turbine equipped with micro-wind turbines called Aeroleaf Hybrid. These leaves keep rotating to capture the air and solar panels absorb sunlight just below the leaves.

Affected by the slowdown in global growth, Vietnam's leading textile enterprise, the Vinatex, admitted that 2023 was the most challenging year. However, the market in 2024 is expected to gradually recover, and more emphasis on green transformation.

Sarawak Energy Berhad (SEB) has become the first major corporation in Malaysia to receive international recognition as the Science Based Target Initiative (SBTi) validates the state-owned energy firm’s near-term carbon emissions reduction target.