Wendy Lo

Thailand expanded DPPA access to all industries on July 15, but wheeling fees for TPA users are still unresolved. Rooftop solar covers 5–15% of demand now; off-site PPAs may cover more once rules land.

Malaysia's LSS6 mandates BESS for all utility solar bids, pairing 2,500 MW solar with 1,250 MW storage. Southern siting preference targets Johor's 2+ GW data center cluster. Dispatch rules still pending.

Philippines' EVIS offers up to 40% capex co-funding and PHP 200,000 per locally built EV. EV sales rose 132.7% in H1 2026, but manufacturing investment still trails Thailand and Indonesia sharply.

EU ETS covers the same Bangkok–Paris flight at EUR 14,789 vs EUR 2,152 under CORSIA—a 6.9x gap. STARLUX is delaying credit purchases until 2031, but concentrated 2027 demand could push prices higher.

Bangkok leads Asia-Pacific for data center capacity under construction in 2026. WHA needs 1,000 MW of green power for its EEC park; Gulf's DPPA supply model awaits a virtual framework still pending.

ADB's Indonesia renewable portfolio tops 600 MW but blended finance "cannot address perpetual regulatory uncertainty." Land delays alone can raise EPC costs 20% and cut returns by 4 percentage points.

Vingroup is registering EV and charging carbon credits under Gold Standard and VCS, targeting 4.5 million credits by 2029. Vietnam's domestic ETS launched with 511M tCO2e in allowances across three sectors.

Vietnam's Decree 272 sets 15-day approval timelines and mandates SOE partnerships, but offers no standard PPA, currency guarantee, or grid curtailment protection. Geo-data alone can cost USD 50M per GW.