News

Thailand's new energy minister proposes higher tariffs for data centers to fund smart grid upgrades, cuts rooftop solar permits to 7 days, and explores a Middle East strategic petroleum reserve hub.

Rising international fuel prices and supportive government policies have fueled growing interest in rooftop solar across Southeast Asia, particularly in countries such as Singapore, Thailand and Vietnam.

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.

New data from energy thinktank Ember shows that China’s solar exports doubled in a single month, rising to a new record of 68 gigawatts in March. Fifty countries broke records for imports of Chinese solar panels.

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.