Indonesia Struggles to Harness Renewable Energy Potential
Indonesia’s new and renewable energy (EBT) utilization remains significantly below target despite the country’s vast potential, according to Mohammad Faisal, Executive Director of the Center of Reform on Economics (Core).
Electricity bills drive solar adoption in Myanmar
The adoption of solar energy in Myanmar is on the rise due to increasing oil prices and electricity costs, Thi Thi Soe, deputy general manager of Sandisolar, a Myanmar-based Chinese new energy company, told Xinhua on Friday.
Average power prices plunge in September
THE Independent Electricity Market Operator of the Philippines (IEMOP) said the average electricity price in September was P3.88 per kilowatt-hour (kWh), or 34.7 percent lower than the P5.94 per kWh in August.
Google’s Malaysia data centre sets new standard for power, water usage efficiency
Google’s new data centre in Malaysia is set to become the corporate benchmark for power and water usage effectiveness, in line with the country’s circular economy best practices.
Malaysia’s Petronas to supply gas to Sabah Electricity
Malaysia’s Petronas (IPO-PETO.KL), opens new tab will supply gas to Sabah Electricity for power generation in the regions of Sabah and Labuan, the state-owned energy firm said on Tuesday.
Brunei’s GDP grows, boosted by oil and gas
Brunei Darussalam’s gross domestic product (GDP), at constant prices, grew at 6.0 per cent in the second quarter (Q2) of 2024, driven by a 7.7-per-cent increase in the oil and gas (O&G) sector and a 4.5-per-cent increase in the non-O&G sector, the Department of Economic Planning and Statistics (JPES) said in a statement.
Southeast Asia to miss green goal on slow storage deployment
Southeast Asia will miss its renewable energy production goal, highlighting the difficulties in weaning the region off fossil fuels like coal and liquefied natural gas (LNG), according to an intergovernmental think tank.
Indonesia Reduces Local Content Requirements to Boost Green Energy Investments
The Indonesian government has relaxed the local content requirements (LCR) for the development of electricity infrastructure under Ministry of Energy and Mineral Resources regulation 11 of 2024 (MEMR 11/2024) in a move aimed at attracting concessional funding for renewable energy projects from international development banks.
