News
News
June 05, 2025
Vietnam's grid under pressure as heatwaves drive up electricity demand
A nationwide spike in electricity usage, driven by ongoing heatwaves in northern and central Vietnam, set a new all-time high on the afternoon of June 2. Prime Minister Pham Minh Chinh has issued an urgent directive to ensure stability.
June 03, 2025AI boom pressures Korea’s next leader to balance nuclear, renewables
As South Korea heads to the polls on June 3 for its presidential election, the two leading candidates’ positions on energy have drawn attention.
June 02, 2025France expands nuclear, green energy cooperation in Southeast Asia
French President Emmanuel Macron recently concluded a multi-country visit to Asia, where energy cooperation—particularly in low-carbon technologies like nuclear—was high on the agenda in meetings with leaders of Vietnam, Indonesia, and Singapore.
May 27, 2025ASEAN Summit: Singapore, Malaysia plan to import offshore wind from Vietnam
The standout development in the energy sector at this year’s ASEAN Summit is the progress on multinational power grid collaboration. Representatives have committed to a feasibility study aimed at transporting renewables via subsea cables.
May 27, 2025Are U.S. tariffs a threat or opportunity for ASEAN’s energy transition?
After U.S. President Donald Trump announced new tariffs on select imports this April, ASEAN countries swiftly launched negotiations in a bid to cushion the blow.
May 26, 2025Singapore reshapes cabinet to accelerate clean energy transition
Singapore’s ruling People’s Action Party, having secured victory in the general election, officially swore in a new Cabinet on May 23 under the leadership of Prime Minister Lawrence Wong.
May 14, 2025Renewables see relief as GOP tax cuts arrive slower than expected
House Republicans proposed tax reforms reducing incentives for low-carbon. However, the cuts are set to be phased in gradually—less aggressively than markets had anticipated—prompting a surge in renewable energy stocks.
April 17, 2025Vietnam approves $136 billion power plan to expand renewables, nuclear energy
Vietnam officially approved a revised version of its National Power Development Plan (PDP8) on April 15, allocating $136.3 billion by 2030 to strengthen long-term energy security.
February 12, 2025Indonesia targets 35% renewable energy led by solar, hydro, geothermal
Indonesia has unveiled its updated National Power Supply Plan (RUPTL), projecting an additional 71GW of installed capacity over the next decade, with a focus on solar, hydropower, and geothermal energy to drive renewable power generation.
February 06, 2025Germany steps up to co-lead Indonesia's $20 bln energy transition as US retreats
The Just Energy Transition Partnership (JETP) is a crucial source of funding for Indonesia’s coal phase-out efforts. Despite the U.S. stepping back from its leadership role under President Trump, Germany has confirmed it will take over the responsibility.