News

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.

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

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.

Indonesia wants to develop projects on new energy sources such as nuclear, hydrogen and ammonia to achieve its Net Zero Emissions (NZE) by 2060 or sooner, according to the Ministry of Energy and Mineral Resources (ESDM).

Singapore is leading in efforts to achieve net zero, as pointed out by 150 industry leaders surveyed by SEAS, followed by Vietnam and Thailand.

Clean energy developer Masdar has inked a MoU with Malaysian Investment Development Authority to invest $8 billion in up to 10 GW of renewable energy projects in Malaysia.

Indonesia plans to unveil its $20 billion energy transition investment plan next month as Jakarta works to address issues related to funding and the energy mix for the initiative.

Renewable developer Morrison & Co. has begun discussions with possible partners for a massive battery project in Indonesia aimed at weaning Singapore off natural gas.

Retail developer Siam Piwat has pledged to achieve net-zero greenhouse gas emissions by 2050, starting with a commitment to using 100% renewable energy by 2030.

The map shows the technical potential for four renewable energy technologies, namely solar PV, onshore and offshore wind, as well as Ocean Thermal Energy Conversion.