News

PLN Nusantara Power and UAE’s Masdar have agreed to develop phase II of the Cirata floating PV power plant in Indonesia by up to 500MW, in a major expansion to the largest FPV plant in Southeast Asia.

Several Southeast Asian countries have expressed interest in purchasing Vietnam's renewable energy. Therefore, some have urged the government to establish a legal framework for energy trading.

Indonesia’s PT Barito Renewables energy Tbk is preparing an IPO on the Indonesian stock exchange, following PT Pertamina Geothermal Energy Tbk, another geothermal operator that entered the market earlier this year.

Solarvest said it has acquired rooftop solar projects totaling 12.8 MWp in Vietnam, with another 100 MWp being tendered in the country.

The state government of Sarawak is studying the possibility of utilizing wood pellets to generate additional energy, according to Premier Abang Johari.

Malaysia’s largest renewable energy power plant at Bukit Tagar Enviro Park, Selangor with a capacity of 12 MW has commenced operations.

Renewable energy deals are spreading across Southeast Asia as the region works to transition away from fossil fuels, with electricity-hungry Singapore as a driving power.

Singapore’s first electric cargo vessel is scheduled to begin trials and launch in the fourth quarter to support the electrification of marine craft.

ACEN announced that its subsidiary had agreed with Indonesian company to explore potential renewable energy projects in Indonesia.

Thailand is expected to announce a new energy price structure around the end of this year or early 2024 to attract businesses to invest in renewable energy projects.