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Malaysia may have target ambitious goals of 70% renewable energy capacity and net-zero emission by 2050, but industry leaders believe that its policies are still lagging behind.

Indonesia Carbon Exchange (IDX Carbon) has outpaced the performance of similar exchanges in Malaysia and Japan since its initiation on September 26.

As Southeast Asian countries gear up for the energy transition in a bid to meet their countries’ net-zero emission targets, a regional power grid connecting various member states of ASEAN may no longer just be a pipe dream.

ASEAN nations face the challenges of transitioning from fossil-fuel dependency to sustainable energy. An expert believes the rapid rise of distributed renewable energy (DRE) systems should offer promising solution.

Indonesia’s abundant geothermal resources have attracted Iceland’s attention, as the geothermal power pioneer seeks to partner with the Southeast Asian nation to harness its huge untapped geothermal potential.

South Korea’s SK Group subsidiaries SK IE Technology Co., SK Innovation Co. and Lotte Chemical have announced their partnership by signing a memorandum of understanding on Oct. 23 with the goal of entering the carbon capture market.

Amid escalating climate change, financial institutions are playing a key role in driving Thailand industries towards a greener economy.

Philippines’s Vivant Energy, Aboitiz Renewables and Singapore’s Renewables energy developer Vena Energy have inked an agreement to develop the 206 MW San Isidro Wind project, in the Philippines.

Singapore to bring in 1.2 GW of green electricity from Vietnam to achieve renewable imports goal.

Taiwan’s offshore wind development has gradually matured, offering vast business opportunities for localization and has geared up for entering the Southeast Asian market, according to speakers at the Offshore Wind Summit 2023.

Singapore’s first floating power plant with batteries capable of refueling LNG vessels, charging electric harbor craft, and even providing electricity for remote islands is projected to launch in the first quarter of 2024.

Philippine Board of Investments (BOI) is giving more incentives to registered projects that will be supplying electricity by installing their own renewable energy facility.