News

As U.S. President Donald Trump marked his first 100 days back in office on April 30, he had already signed more than 100 executive orders—aggressively dismantling his predecessor’s policies and unleashing a tariff shockwave that rattled global trade.

Industry insiders in Malaysia report that rising costs have made it increasingly difficult for China-backed solar manufacturers to maintain operations. However, the new duties are unlikely to affect local manufacturers.

The U.S. has announced steep anti-dumping and countervailing duties on solar products from four Southeast Asian countries.  Cambodia faces the highest tariffs, which exceed 3,500 percent and are considered among the most significant increases in history.

Southeast Asia’s clean energy industry is bracing for its third major setback, as U.S. tariffs intensify pressure on the wind and solar supply chains.

Singapore-based startup Pyxis launched solar-powered electric boats that help reduce costs for river cruise operators and feature Vehicle-to-Grid (V2G) technology to supply low-carbon power, advancing maritime decarbonization.

Since President Trump took office, he has imposed additional tariffs on many imported products, raising concerns in some Southeast Asian countries about the potential impact and prompting them to devise countermeasures.

Vietnam is expected to finalize the updated National Power Development Plan (PDP8) by the end of February. According to the draft, the country has significantly raised its electricity demand forecasts, energy imports, and renewable energy capacity. Solar

The renewable energy sector in the Philippines has seen significant growth, with the Department of Energy (DOE) reporting a record high in installed capacity for 2024, exceeding the combined total of the past three years.

Sembcorp Industries announced on Jan. 31 that it has acquired 100% of the shares in Puente Al Sol for a total of SGD 105 million (about USD 77.6 million), marking its strategic entry into the highly competitive solar energy market in the Philippines.

To meet corporate carbon reduction goals, Malaysia's ship service company Keyfield International has completed the installation of a solar photovoltaic system on its largest work barge, setting a national record for the scale of the equipment.