Southeast Asia could well become the global engine room of renewable energy expansion. Population and economic growth is expected across the three decades in which the world has to decarbonise, but the brimming bounty of renewables deployment will force developers to navigate the region’s systems. As it turns out, that could be a treacherous task.
The world’s second largest gas producer is heavily marketing the fossil fuel as a clean alternative to coal to meet Southeast Asia’s growing energy needs — just as the significance of natural gas as a bridge fuel is called into question.
Grundfos, a global leader in advanced pump solutions and water technology, and Barghest Building Performance (BBP), a Singapore-based energy efficiency technology provider, have signed a memorandum of understanding to deliver and scale an innovative energy-efficient digital solution across Southeast Asia, according to this press release. The solution can help reduce the energy consumption of cooling systems […]
Some Southeast Asian nations have displayed leadership in facilitating bottom-up renewable energy development. Now it is time for others to follow suit.
Norfund announced on Wednesday that it will administer Norway’s new Climate Investment Fund, which will spend NOK 10 billion (USD 1.14bn/EUR 963m) over five years on renewable energy in developing countries.
Traditionally, the development of electricity systems has been built upon two assumptions: demand is not to be controlled; supply, then, must meet demand.
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
Large Chinese investments are overtaking US financing in ASEAN, according to Nikkei Asia. The mainland has already invested more than $5.3 billion under its Belt and Road Initiative (BRI), according to the University of Southern California’s US-China Institute in Los Angeles. On June 22, the mainland agreed with Cambodia to intensify cooperation in transportation networks. […]
Minghui Zhang, Head of Section and Benoit Nguyen, Head of Department at DNV, describe Asia’s renewable energy future. Asia has experienced some of the worst impacts of COVID-19 which have caused major disruptions in the energy sector. Despite the work that remains to contain the pandemic, most Asian countries have embraced the challenge to change […]
Japan has offered ASEAN energy ministers $10 billion in public finance for renewables and LNG projects, as part of a package of measures aimed at helping the group of 10 Southeastern Asian economies accelerate their moves toward energy transition.