Tag: renewable energy in southeast asia

Energy Policy 2021: Supporting low-carbon transition in Asia and the Pacific

To align its energy operations with Strategy 2030, ADB reviewed its 2009 policy, recognising the changing contexts and increasing needs of ADB’s developing members while mindful of the impacts of increasing energy use on the climate and environment. Recently, in October 2021, ADB approved a new Energy Policy that aims to support universal access to reliable and affordable energy services while promoting the low-carbon transition in Asia and the Pacific.

Read More

Driving the Energy Transition in ASEAN

The policy brief “Innovations to Drive the Energy Transition in the ASEAN Region” has been prepared by Suwanto, Monika Merdekawati, Gabriella Ienanto, and Beni Suryadi and published on ASEAN Centre for Energy. Several key actions relating to innovations to accelerate the energy transition in ASEAN are presented here, focusing on enhancing policy tools and processes, both technological and financial.

Read More

Sunny days ahead: Southeast Asia’s solar market is poised for strong growth

Important solar markets in the region with large installed solar capacities after Vietnam are Thailand, Malaysia, and the Philippines with 2,988 MW, 1,493 MW and 1,048 MW of installed capacities respectively. In addition, Singapore (329 MW) and Indonesia (172 MW) are emerging as other attractive destinations for solar investments with many large and small projects under development.

Read More

Thailand’s Drive For Sustainability To Support Increase In Biomass Growth

We expect Thailand to continue its strong renewables growth momentum over the coming decade, as the government continues to advance their drive towards sustainability. Thailand’s growing agriculture and bio-based industries, supported by its five-year economic recovery model, will play a key role in the country’s acceleration of renewables growth from biomass and waste.

Read More

RENdez-vous Southeast Asia: RE-Imagining Renewable Energy Futures for Southeast Asia

Southeast Asia has huge, untapped potential to be a leader in renewable energy. Currently, however, economies in the region are heavily dependent on fossil fuels to meet their energy demand. This was the second of a 3-part series of RENdez-vous for Southeast Asia by REN21. Participants and thematic experts discussed and re-imagined what futures may look like for renewable energy in Southeast Asia.

Read More

Renewable energy investments in Asia Pacific

The Asia-Pacific region is expected to attract approximately 40% of the total global investment in Renewable Energy capacity between now and 2050. The region – especially South East Asia – benefits from a unique combination of electricity demand growth, electricity supply crunch and abundant solar, wind and water resources to spur investments in Renewable Energy assets.

Read More

South Korea to allow C&I and residential consumers to purchase renewable energy under RE100 initiative

The Ministry of Trade, Industry, and Energy of South Korea has announced the sanctioning of the purchase of electricity from renewable sources by industrial and general electric consumers as part of the RE100 initiative. The parties must register at the Korea Energy Agency and the electricity will be procured through self-generation, green premium system, third party power purchase agreement, or the purchase of renewable energy certificates.

Read More

Vietnam to auction 400 MW of floating solar projects

Vietnam backed by the Asian Development Bank has proposed launching tenders for 400 MW of floating solar projects in the country. Renewable energy developers will be able to bid for 50-100 MW under the first batch and 300 MW in the second batch. The ADB is looking for six consultants with environmental, social, and financial expertise to support the auction.

Read More