News

Vietnamese EV maker VinFast, listed in the United States, reported widening annual losses despite a sharp increase in vehicle deliveries. The company said it aims to sell up to 300,000 electric vehicles this year.

Thailand is experiencing a rapid data center boom, with more than 70 projects planned or underway. Critics say the sector is expanding with little transparency or community consultation, leaving locals uncertain about environmental safeguards.

Amid rising energy security concerns across ASEAN, the Philippines is weighing power price intervention and increased coal generation.

This week’s ASEAN sustainability developments highlight shifts in energy policy and challenges in regional power cooperation.

Rising oil prices could strengthen the appeal of electric vehicles (EVs) in Southeast Asia, particularly as expanding renewable energy capacity continues to push electricity costs lower, economists at the Asian Development Bank (ADB) said.

The closure of the Strait of Hormuz has reignited debate over accelerating bioenergy development as an alternative to fossil fuels. Indonesia, the world’s largest palm oil exporter, is considering reviving its B50 biodiesel program.

Malaysia is shifting its electric vehicle (EV) strategy toward local manufacturing and technology development, as the government moves beyond earlier policies that relied largely on tax incentives to stimulate EV imports.

JETPs are designed to help fast-growing, coal-reliant emerging economies speed up their shift to clean energy. Despite the size of this supposed transfer of wealth,the research indicates that Indonesia’s JETP has delivered very little so far.

Careful due diligence, trusted local partners, and early coordination with grid operators are becoming critical to meeting project timelines.

The US and Israel’s war on Iran has caused oil and gas prices to soar, with the world now preparing for the possibility of another energy crisis.