News
ASEAN
July 23, 2024
Singapore invests $90 million in mega research on hydrogen, sustainable chemicals
Singapore's government has allocated $90 million through the National Research Foundation (NRF) to launch nine research projects spanning three to five years, aimed at achieving net-zero emissions by 2050.
July 23, 2024Indonesia to transform coconuts into sustainable aviation fuel
The world’s second-largest coconut producer Indonesia aims to create new value for coconuts by developing sustainable aviation fuel (SAF), hoping to increase coconut exports amidst global decarbonization efforts.
July 23, 2024Malaysia's digital investment surges with data centers comprising 76%
According to recent official statistics from Malaysia, from 2021 to the first half of 2024, the overall digital investment reached 162 billion Malaysian Ringgit (about 36.7 billion USD), with data centers accounting for the highest proportion at 76%. This
July 19, 2024Thailand considers electricity price increase of up to 44%
The Thai government is considering raising electricity prices, causing concerns in the industry about potential impacts on multinational corporate investment. Kriengkrai Thiennukul, Chairman of the Federation of Thai Industries (FIT), stated that Thailand
July 18, 2024ASEAN Power Grid encounters setback as Singapore-Laos agreement hits snag
Japan had just announced its support for Indonesia in expanding cross-island transmission infrastructure, which could accelerate the integration of the ASEAN regional grid. However, it has been reported that the progress of the cross-border green energy p
July 17, 2024Vietnam's DPPA faces challenges despite positive green energy, data center outlook
Vietnam has approved DPPA, opening up a new era of green energy liberalization and new investment opportunities. However, the implementation of the DPPA still has several challenges to address, divided into regulatory, cost, and technical issues.
July 16, 2024Thailand to open DPPA to attract data center investment
To attract foreign investment, particularly from data centers, the Thai government intends to open up Direct Power Purchase Agreements (DPPA), allowing businesses to directly purchase green electricity from power generators.
July 12, 2024Indonesia to include power wheeling mechanism in renewable energy bill
Indonesian officials revealed they are currently drafting details to include a power wheeling mechanism in the renewable energy bill, allowing electricity sellers to utilize PLN's grid to sell green electricity directly to consumers.
July 11, 2024Singapore to stop new diesel cars and taxis registrations from 2025
Singapore announced on the July 10 that starting from 2025, new registrations for diesel vehicles and taxis will no longer be permitted as part of its goal to achieve all vehicles using clean energy by 2040.
July 11, 2024Thailand's EV insurance struggles with high costs, rapid depreciation
With a loss ratio exceeding 90% for Thailand's EV insurance and fluctuating prices in both new and used cars, insurance companies encounter significant challenges in setting appropriate insurance premiums.