News

Amid high interest rates, inflation and supply-chain woes, U.S. wind-energy sector facing a wave of impairments and forcing developer to cancel projects and casting doubts over the industry’s outlook.

South Korea’s SK Group will reinforce its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste recycling, solar and wind power.

Philippines’s Vivant Energy, Aboitiz Renewables and Singapore’s Renewables energy developer Vena Energy have inked an agreement to develop the 206 MW San Isidro Wind project, in the Philippines.

Taiwan’s offshore wind development has gradually matured, offering vast business opportunities for localization and has geared up for entering the Southeast Asian market, according to speakers at the Offshore Wind Summit 2023.

Clean energy developer Masdar has inked a MoU with Malaysian Investment Development Authority to invest $8 billion in up to 10 GW of renewable energy projects in Malaysia.

Alternergy has mandated 3 investment banks to facilitate the raising P12 billion for 2 wind projects, which is expected to be the largest financing deal of the company.

The map shows the technical potential for four renewable energy technologies, namely solar PV, onshore and offshore wind, as well as Ocean Thermal Energy Conversion.

Vietnamese government has initiated an investigation that could result in the imposition of anti-dumping duties on wind towers imported from China, following a complaint by domestic producers.

Several Southeast Asian countries have expressed interest in purchasing Vietnam's renewable energy. Therefore, some have urged the government to establish a legal framework for energy trading.

Solarvest said it has acquired rooftop solar projects totaling 12.8 MWp in Vietnam, with another 100 MWp being tendered in the country.