News

ACWA Power is investing USD 200 million in clean power in the Philippines as it expands across Southeast Asia.

The long-awaited draft of Taiwan’s phase 3-3 offshore wind zonal development introduces major shifts from phases 3-1 and 3-2—relaxing localization rules and ending zero-dollar bidding.

The Philippines has identified its first new natural gas field in more than a decade, a development that could provide a transitional energy buffer for the country’s low-carbon shift.

As candidates promise to lower power bills to win public support, economists warn that broad electricity subsidies could cause long-term harm.

Malaysia’s sovereign wealth fund Khazanah Nasional Bhd plans to deploy more capital into strengthening the country’s power system and supporting domestic semiconductor firms, as artificial intelligence accelerates a new investment cycle.

Malaysia’s National Biomass Action Plan published in 2023 projected up to 182 million tons of biomass output annually, with the potential to generate RM17 billion in economic value by 2030.

The ASEAN Power Grid’s only existing multilateral electricity trading scheme has finally secured a new agreement. Malaysia’s TNB announced on Jan. 14 that the second phase of the LTMS-PIP 2.0 has been formally signed.

Japanese companies and policymakers are increasingly viewing biomass as a strategic bridge for Southeast Asia's coal-dependent grids.

Indonesia has officially postponed its plan to mandate a 50% biodiesel blending rate (B50), originally slated for 2026. Following a government meeting on Jan. 14, the country will instead maintain its current B40 policy.

Endowed with abundant natural resources, Southeast Asia shows strong promise for bioenergy development. With relatively stable feedstock supplies, the region has the potential to complement intermittent renewables like wind and solar.