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ASEAN
February 06, 2025
Germany steps up to co-lead Indonesia's $20 bln energy transition as US retreats
The Just Energy Transition Partnership (JETP) is a crucial source of funding for Indonesia’s coal phase-out efforts. Despite the U.S. stepping back from its leadership role under President Trump, Germany has confirmed it will take over the responsibility.
February 05, 2025Sembcorp enters Philippine renewable energy race with solar investment
Sembcorp Industries announced on Jan. 31 that it has acquired 100% of the shares in Puente Al Sol for a total of SGD 105 million (about USD 77.6 million), marking its strategic entry into the highly competitive solar energy market in the Philippines.
February 05, 2025Vietnam explores international partnerships for first nuclear power plant
Vietnam has pledged to begin utilizing nuclear power by 2030. The government is also in discussions with five countries, including Russia, about potential cooperation.
February 04, 2025ASEAN eyes SMRs for energy transition while facing three key barriers
As part of their energy transition efforts, many ASEAN countries view small modular reactors (SMRs), which have a lower electricity output, as a transitional energy solution. Indonesia has made the most progress, with 29 potential sites already confirmed.
February 04, 2025Thailand partners with oil companies, university to raise carbon tax awareness
To increase public awareness of the carbon tax, the Thai government has teamed up with Chulalongkorn University and two major oil companies.
February 04, 2025Could China provide the renewable energy investment Indonesia needs?
Despite pledges for greater cooperation, obstacles hinder the rapid expansion of renewable energy investment.
February 03, 2025Thailand's EGCO commits 836 million to expend energy markets including renewables
The Electricity Generating Authority of Thailand (EGTA) announced on Feb. 13, 2024, that its subsidiary, EGCO Group, is planning to invest 30 billion Thai Baht (about 836 million USD) this year. This investment is aimed at adding 1,000 MW of electricity g
January 24, 2025Thailand launches Utility Green Tariff, offering 2 billion kWh for SMEs
To encourage businesses to use renewable energy, Thailand has officially launched the Utility Green Tariff (UGT), setting the rate at 4.21 THB per kWh (about 0.12 USD), slightly higher than the current rate for conventional electricity.
January 24, 2025ExxonMobil commits $10 billion to Indonesia’s first large-scale CCS plant
Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.
January 24, 2025Indonesia’s Lake Poso faces biodiversity crisis amid rising deforestation
The forests around the ancient Lake Poso in Indonesia’s Central Sulawesi province are being lost to mining, oil palm plantations and smallholder farm expansion, threatening both unique species and local residents.