News

EI Power Bhd hits Bursa ACE Market with 98% Q1 revenue from data center power systems and MYR 99.9M order book. Thailand tenders worth MYR 75.3M signal first regional push. Read more on RECCESSARY.

China's solar exports doubled in March as 50 countries hit record imports. BYD, Chery, Gotion, and Sungrow are simultaneously building Southeast Asia factories. Read more on RECCESSARY.

Thailand has raised its rooftop solar buyback quota from 90 MW to 500 MW at THB 2.20/kWh under 10-year contracts, while PEA and MEA move to consolidate permits into a one-stop service.

Since February, portable solar power station prices in Malaysia have risen 20% and monthly sales have jumped fivefold as households hedge against power disruptions and rising electricity tariffs.

Southeast Asia’s sustainability agenda this week focused on progress in energy transition policies.

Indonesia’s sovereign wealth fund Danantara is planning to invest $30 billion to export solar power to Singapore, but progress may hinge on overcoming persistent financing challenges.

Volatility in global energy prices is underscoring the economic appeal of rooftop solar across Southeast Asia. In Singapore, solar providers report a surge in residential inquiries and faster decision-making among homeowners.

The Philippines has issued new ERC microgrid guidelines covering cost recovery and 24/7 service mandates, while WEnergy Global's Maharlika Consortium breaks ground on 24 off-grid microgrids serving 50,000 people across Palawan, Cebu, and Quezon.

Malaysia's largest solar developer Solarvest has completed a 108 MWp corporate green power project for Micron and NTT, with battery storage costs now at USD 90–100/kWh—down from USD 230 a year ago.

Japan aims to raise the share of renewable energy in its power mix to 40% to 50% by 2040, with solar playing a central role at 23% to 29%.