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RE Energy
February 26, 2024
Semarak RE secures funding for Malaysia’s largest green hydrogen project
Malaysia’s Semarak Renewable Energy (Semarak RE) successfully secured a financing package of RM1.88 billion from Singaporean investment firm Captiale Ventures on Feb. 20 for its green hydrogen project in Perak.
February 23, 2024Indonesia’s new law could make rooftop solar less attractive
The Indonesian President Joko Widodo is amending regulations to prohibit the resale of excess electricity generated from rooftop solar panels to the state-owned electricity company, PLN (Perusahaan Listrik Negara).
February 23, 2024Laos’ biggest wind power project may provide excess electricity to Vietnam
The Lao government signed a Project Development Agreement (PDA) in collaboration with SVARE (Savan Vayu Renewable Energy) on Feb. 16. This agreement entails an investment of USD 2 billion to develop Laos' largest wind power project.
February 23, 2024Changi Airport, Keppel initiate Singapore’s largest rooftop solar project
Changi Airport Group (CAG) has embarked on a project in collaboration with Keppel, marking the commencement of construction for a vast solar PV system across the rooftops of Changi Airport’s terminals and a designated area within its airfield.
February 22, 2024Tesla achieves record breaking sales of $1.79 billion from carbon credits
Tesla earned $1.79 billion from carbon credit sales last year, as disclosed in its Q4 2023 and annual financial report, bringing its total earnings from such credits since 2009 to nearly $9 billion.
February 20, 2024Vietnam's new smart industrial park aims to attract green investors
Viglacera Corporation, Vietnam's building materials giant, announced during a tree planting event on Feb. 15 that they will establish "Thuan Thanh Eco-Smart IP", a green smart industrial park in Bac Ninh Province, which aims to attract large enterprises t
February 19, 2024India initiates an anti-dumping investigation into solar glass from China and Vietnam
India has begun an investigation into anti-dumping regarding the import of certain solar glass from China and Vietnam, in response to a grievance raised by local industry participants.
February 19, 2024Malaysia government fuels solar panel installations via NEM Program
Malaysia’s deputy minster for Energy Transition and Water Transformation announced an encouraging surge in solar panel installations in residential areas across the country, marking a promising step towards its energy transition.
February 17, 2024Singapore, Indonesia sign LOI on cross-border carbon storage
Singapore has become the first country to sign a letter of intent (LOI) with Indonesia on cross-border collaboration on carbon capture and storage (CCS) following a new Indonesian law to allow it.
February 16, 2024Floating solar PV emerges as key driver for renewables development in Southeast Asia
Floating solar PV capacity is expected to play a key role in fulfilling Southeast Asia’s overall solar expansion, with countries like the Philippines, Indonesia, and Thailand well positioned to use their unique geographies to support the technology.