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TOP STORIES IN SOUTH EAST ASIA

Danantara Announces Plan To Build Solar Panel Factory In Indonesia

Danantara plans to build a 50 GW solar panel manufacturing facility in Indonesia with a $1.4 billion investment. This initiative aims to boost the renewable energy sector, reduce reliance on imports, create a domestic supply chain, generate jobs, and support Indonesia’s carbon neutrality goals, enhancing energy security and economic growth.

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KEY MARKETS

VIETNAM

VinEnergo Unveils Global Renewable Expansion Plan Targeting 100 GW Capacity

VinEnergo is pursuing a global expansion plan focused on Asia and Europe, aiming to increase renewable energy capacity to 100 GW in three years. The company has secured partnerships for 10 GW of projects, including solar and wind in key markets. It also invests in energy infrastructure and leverages advanced technologies for optimization.

SINGAPORE

Singapore Launches First National Adaptation Plan To Strengthen Climate Resilience And Accelerate Solar Energy Expansion

Singapore has launched its first National Adaptation Plan to combat climate change, aiming to enhance infrastructure and social resilience against rising temperatures and sea levels. Key initiatives include establishing a Heat Resilience Policy Office and upgrading coastal defenses. The government also focuses on solar energy expansion and regional power partnerships to achieve net-zero emissions by 2050.

THAILAND

Thailand And Vietnam Accelerate Energy Reforms To Power A Cleaner Future

Thailand and Vietnam are moving ahead with major reforms to transform their power sectors, aiming to cut fossil fuel dependence and meet long-term climate...

MALAYSIA

Sunview Subsidiary Secures RM289.7 Million Solar PV Project in Sarawak from Malakoff Evergreen

Sunview Group Berhad's subsidiary, Fabulous Sunview, received a Letter of Award from Malakoff Evergreen for a RM289.71 million solar PV power plant in Bintulu, Sarawak. The project involves engineering, procurement, construction, and commissioning. Final contract terms will be negotiated within four months, aligning with Sunview's renewable energy strategy and business goals.
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PHILIPPINES

INDONESIA

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FINANCE & INVESTMENT

JK Tyre Approves ₹5.04 Crore Investment in Solar Firm Sunpulse Power

JK Tyre & Industries has approved an investment of ₹5.04 crore to acquire at least a 26% equity stake in Sunpulse Power Private Limited,...
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BEST OF THE WEEK

Vietnam Accelerates Energy Sector Reforms To Achieve Net-Zero By 2050

Vietnam is undertaking significant reforms in its energy sector to achieve net-zero emissions by 2050, guided by Power Development Plan VIII. Key initiatives include introducing Direct Power Purchase Agreements to enhance competition and revising the Electricity Law to streamline project approvals. Fiscal policies, such as lowering LNG import tariffs, support this transition towards a sustainable energy future.

TECH INSIGHTS

Explained: Mitigating Uncertainties In Tilted Irradiance Estimation For Improved Solar System Design

With the enormous potential to meet the world's expanding energy needs and cut greenhouse gas emissions, solar energy has emerged as an essential renewable...

FEATURED

Women in New Energy (WiNE) 2024 – South Asia

In the dynamic landscape of the South Asia region, where innovation and sustainability intertwine, there emerges a collective force propelling us towards a future...