News
Green Policy
January 08, 2024
Indonesia accelerates replacement of EV for state-owned enterprises
The Indonesian government is expanding the adoption of electric vehicles. Starting January 3, 2024, all officials from the first and second tiers of State-owned Enterprises will exclusively use electric vehicles as their official vehicles.
January 08, 2024Huge renewables opportunities in ASEAN: Maybank
A recent report from the Malaysia Investment Bank suggests that in the next 5-10 years, listed companies in ASEAN countries will significantly adopt green energy, especially as global pressure to reduce carbon intensity continues to rise.
January 05, 2024Use of PLN’s renewable energy certificates increased by 75%
Indonesia’s state-owned electricity firm PLN recorded that the total use of renewable energy certificates (REC) in last year reached 3.08 TWh, or increased by 75% as compared to 1.76 TWh in 2022.
January 05, 2024Thailand aims for new national plan to promote SAF
Energy officials in Thailand are drafting a new national oil plan to cover the development of sustainable aviation fuel (SAF), targeting to support the aviation industry's goal of lowering carbon dioxide emissions.
January 05, 2024Indonesia to standardize battery to boost electric motorcycle adoption
The promotion of electric motorcycles in Indonesia has not been as effective as expected. Indonesia Ministry of Industry has promised to release battery standardization regulations this January.
January 04, 2024Top 10 events of Vietnam's energy industry in 2023
The Scientific Council of Vietnam Energy Magazine announced the Top 10 events of Vietnam’s energy industry in 2023 on January 1, 2024. This list was selected based on independent research, evaluation, and referencing government-related departments, instit
January 04, 2024Laos, Thailand signs PPA for Xekong hydroelectric project
Laos’s Xekong 4 Power (XK4) and the Electricity Generating Authority of Thailand (EGAT) have inked a Power Purchase Agreement (PPA) for the Xekong 4A and 4B Hydroelectric Power Project.
January 04, 2024Indonesia’s biomass utilization in coal-fired plants rose by 71% in 2023
Indonesia’s state-owned electricity company PLN said to successfully reduced 1.05 million tons of carbon emissions and produce 1.04 TWh of clean energy in 2023 by optimizing biomass with co-firing technology at coal-fired power plants.
January 02, 2024Local content rules hampering 9 renewable energy projects in Indonesia
Nine new renewable energy projects totaling Rp 51 trillion have faced financing dry up as international lender’s unwillingness to meet government local content requirements (LCR), state-owned electricity firm PLN said on 26.
December 28, 2023OCBC to create decarbonization fund to aid Southeast Asia’s energy shift
Singaporean financial service group Oversea-Chinese Banking Corp. (OCBC) has partnered with Japan’s investment firm Mercuria Holdings to create a fund of up to $500 million to finance decarbonization-related businesses in Southeast Asia.