- Renewables
5 January 2025
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- Malaysia
Malaysia’s renewable energy sector is expected to witness robust growth, driven by government initiatives and forthcoming investments, according to financial services company Philip Capital.
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Malaysia’s renewable energy sector is expected to witness robust growth, driven by government initiatives and forthcoming investments, according to financial services company Philip Capital.
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BANDAR SERI BEGAWAN, Jan. 4 (Xinhua) — China’s renowned automobile manufacturer, Great Wall Motors, has held a ceremony to launch its new energy SUV in Brunei, receiving a warm welcome from the local market.
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Electric vehicle (EV) sales in Thailand slowed considerably in 2024 following explosive growth of 320% in 2023, as a reduction in incentives offered to consumers and stricter loan requirements negatively impact the pace of adoption.
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SINGAPORE – A hydrogen-compatible natural gas power plant built by local electricity generator PacificLight Power on Jurong Island will begin operations in 2029.
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Deputy Prime Minister Tran Hong Ha on January 2 emphasised the need for comprehensive solutions to reduce pollution sources, with a focus on addressing emissions from petrol- and diesel-powered vehicles by shifting to electric vehicles (EVs).
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Vietnam’s Ministry of Industry and Trade has announced plans to maximize support for waste-to-energy project proposals submitted by local governments.
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As the new year begins, Thailand’s newly adopted electricity prices remain high, averaging THB 4.15 per kilowatt-hour (about USD 0.12).
Although this marks a slight reduction compared to 2024, the price remains above 4 Baht, and the future trend is still uncertain, especially as the Electricity Generating Authority of Thailand (EGAT) faces unresolved massive debt issues.
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Indonesia has said it aims to start producing nuclear power by 2032 to meet electricity needs and attain environmental goals although serious concerns remain about the cost, safety, and risk of setting up an atomic power plant.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
