The Philippines and Saudi Arabia have agreed to bolster their economic cooperation in trade, labor, and renewable energy following a successful bilateral meeting between President Ferdinand R. Marcos Jr. and Saudi Crown Prince and Prime Minister Mohammed Bin Salman during the first ASEAN-GCC Summit.
The government of Saudi Arabia will consider investing in Vietnam’s energy sector, especially renewables, and its large companies have also shown interest in the field.
Jakarta (VNA) – Indonesia has secured a 2 billion USD worth of investment commitment in the renewable energy sector at the Indonesian-Europe Business Forum (IEBF) held recently in Jakarta, according to the Ministry of Foreign Affairs.
SINGAPORE – From 2033, Singapore will import 1.2 gigawatts (GW) of low-carbon electricity – primarily generated by wind power – from Vietnam, which will help fulfil the Republic’s target of importing 4GW of renewable energy by 2035 via electricity imports.
Vietnam is facing a critical juncture in its ambitious journey towards decarbonization, with the country’s long-term goal to phase out coal for power generation by the 2040s and achieve net-zero emissions by 2050. A recent report by BloombergNEF (BNEF) highlights the pivotal role of renewables, especially solar energy, in realizing these targets. Vietnam’s rapid economic […]
KUCHING, Oct 21 ― A total of 43 rural schools in Sarawak have been equipped with hybrid solar systems. This is a government project under the Sarawak Rural Schools Hybrid Solar Project. A recent project handover ceremony was held for four packages involving seven districts in Sarawak.
Indonesia is set to release its investment plan for the “Just Energy Transition Partnership” (JETP) next month, aiming to ease the costs of decarbonisation for developing countries. The plan will mobilise $20bn through a mix of grants, loans, and private investments, with half of the funds coming from developed economies led by the US and […]
KUALA LUMPUR, Oct 23 — A member of parliament has proposed that the government explore and study the potential of using wind turbines in the future to expand the portfolio of renewable energy (RE) in the country.
SINGAPORE — Cambodia will bank on scaling up solar projects and electricity imports from neighboring countries through regional grid interconnections to address volatility in hydropower output and rising power demand, its energy minister told Reuters.
While hydropower is never much featured (or discussed) in Indonesian media, it is actually the biggest source of renewable energy for Indonesians. Based on data from Indonesia’s Energy and Mineral Resources Ministry, the nation’s hydropower-fueled power plants had a total installed capacity of 6,688.9 megawatt (MW) at the end of 2022.