News

As the EV trend continues to gain momentum, Malaysia's first homegrown automaker, Proton, launched its first EV, the e.MAS7, on Dec. 16.The base model is priced at under RM 110,000, making it highly competitive compared to existing players.

The government has ambitious plans for renewable energy but coal power is still on the rise.

In its push for net-zero emissions by 2050, the Indonesian government has announced plans to construct at least 20 nuclear power plants, with the first project expected to be awarded to US nuclear developer ThorCon.

Southeast Asia's carbon market potential remains largely untapped. A recent report highlights that over the past 15 years, carbon credits provided by the ASEAN region have accounted for only 7% of the global carbon market.

The electric vehicle charging station market in Singapore is undergoing significant changes. Some operators are opting to divest, with one company acquiring three competitors and over 140 charging points in one go.

Starting on Dec. 26, the Department of Energy (DOE) of the Philippines has announced that the Renewable Energy Certificate (REC) trading system will fully return to a market-driven mechanism.

Independent journalism collective, Project Multatuli, traces the struggles faced by communities being threatened by mining companies – from water supply and health issues, to loss of land and livelihoods.

The Philippines ranked among the top two most attractive emerging markets in Bloomberg New Energy Finance (BNEF) latest climate survey.

To expand the development of electric vehicles (EVs), the Thai government has passed a new tax system aimed at hybrid electric vehicles (HEVs) and mild hybrid electric vehicles (MHEVs), offering conditional excise tax reductions for manufacturers.

Malaysia plans to produce sustainable aviation fuel (SAF) by 2027, leveraging its natural resources to grow its bioenergy sector. However, limited availability of used cooking oil (UCO) raises concerns about meeting biofuel supply demands.