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Indonesia to relax localization requirements for solar modules to attract investment
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Indonesia to relax localization requirements for solar modules to attract investment

Indonesian government announced in an official letter in May that it has decided to revoke regulations on the local content requirements (TKDN) within the country’s electricity sector and ease the requirements for the localization of solar module parts.
May 21, 2024
Thailand's data center boom: energy and real estate sectors join the race
News

Thailand's data center boom: energy and real estate sectors join the race

The data center boom driven by the technology industry has attracted other sectors to join the fray. Among them, Thailand's energy company B.Grimm Power plans to leverage its renewable energy advantages to seek partners, while Thai real estate developer C
May 20, 2024
Sarawak's energy transition: Green power trading, renewables development, and green policies
News

Sarawak's energy transition: Green power trading, renewables development, and green policies

Prime Minister Abang Johari of Sarawak State of Malaysia led representatives of Sarawak Energy Berhad and other energy companies to attend the Future Energy Asia 2024 in Bangkok, Thailand on May 17 to showcase their energy transition strategies.
May 20, 2024
Vietnam's steel industry faces challenges with upcoming EU carbon tariffs
News

Vietnam's steel industry faces challenges with upcoming EU carbon tariffs

Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's
May 20, 2024
Malaysia to introduce CCUS regulatory framework, eyes global leadership
News

Malaysia to introduce CCUS regulatory framework, eyes global leadership

Malaysia's Economy Minister Rafizi Ramli has announced that the government will present a progressive regulatory framework bill for Carbon Capture, Utilization, and Storage. The bill is expected to be submitted to the Cabinet in November.
May 17, 2024
Microsoft asks 100% renewable energy for suppliers by 2030 amid data center expansion
News

Microsoft asks 100% renewable energy for suppliers by 2030 amid data center expansion

Tech giant Microsoft is demanding that its primary suppliers use 100% renewable energy by 2030. This move underscores the pressure stemming from the company's significant expansion of data centers, which has led to a surge in carbon emissions.
May 17, 2024
Three major impacts of the U.S. imposing a 100% tariff on Chinese EVs
News

Three major impacts of the U.S. imposing a 100% tariff on Chinese EVs

The Biden administration announced a significant increase in tariffs on Chinese imports, particularly raising tariffs on EVs to 100%. However, analysts believe that the potential ripple effects may not necessarily be beneficial for the United States.
May 16, 2024
Three reasons why Taiwanese businesses favor nuclear power
News

Three reasons why Taiwanese businesses favor nuclear power

As the RE100 target and carbon tariffs are established internationally, demand for green electricity is escalating. However, voices in Taiwan's business community supporting nuclear power are growing stronger, prompting the new government to re-examine it
May 16, 2024
Laos partners with Thailand's Energy Absolute to accelerate renewable energy goals
News

Laos partners with Thailand's Energy Absolute to accelerate renewable energy goals

Laos is ambitiously pursuing renewable energy development, recently announcing a collaboration with Thailand's Energy Absolute (EA) to jointly develop hydropower and electric vehicles. This initiative is expected to boost Laos' revenue within three years.
May 16, 2024
Vietnam promises stable power supply to attract chip investments
News

Vietnam promises stable power supply to attract chip investments

To attract foreign investment in industries such as semiconductors, Vietnam has not only offered tax reductions but also promised sufficient power supply and infrastructure to avoid a recurrence of last year's power shortage crisis.
May 15, 2024
Malaysia carbon exchange to auction first local nature-based carbon credits in July
News

Malaysia carbon exchange to auction first local nature-based carbon credits in July

The Malaysia Carbon Exchange (BCX) will auction its first batch of locally generated carbon credits on July 25. This event marks the expansion of its product offering to include local carbon credits in addition to global carbon credits.
May 15, 2024
Thailand's market potential highlighted at FEA Asia 2024
News

Thailand's market potential highlighted at FEA Asia 2024

The 2024 Future Energy Asia exhibition took place from May 15 to 17 under the banner of "Asia's Solutions to the World's Energy Challenges," exploring feasible and innovative energy solutions to redefine the future of energy production and consumption.
May 15, 2024
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