Agora Energiewende’s Post

📌 Bangkok, 30 April 2024 – Southeast Asian economies need to significantly accelerate the deployment of renewable energy, particularly wind and solar, to achieve net-zero emissions by 2050. This urgent call to action set the stage for a critical two-day workshop convening more than 60 key stakeholders from Indonesia, the Philippines, Thailand and Viet Nam. . The workshop was organised by “Clean, Affordable and Secure Energy for Southeast Asia” (CASE) and the Southeast Asia Energy Transition Partnership (ETP). Sessions were held on 24-25 April 2024, in Bangkok, Thailand and brought together government ministries, regulators, utilities and renewable energy producers alongside international experts. . The aim of the collaborative forum is to unlock the full potential of clean energy in Southeast Asia and foster open dialogue by providing a space for prominent stakeholders from the region to engage with each other. Participants exchanged insights on trends, challenges, and opportunities for renewable energy transitions across Viet Nam, Indonesia, the Philippines, and Thailand. . Read full recap 👉 https://lnkd.in/gu528NFq . . . #CASEforSEA | #SoutheastAsia | #EnergyTransition #ElectrivityMarket #Renewables

Exciting Times for Renewable Energy in Asia! The renewable energy landscape in Asia is buzzing with exciting developments. Malaysia and Taiwan are leading the charge with a massive 1 GW green energy project. This initiative, driven by Solarvest and GreenRock, aims to propel Malaysia towards its ambitious green energy targets for 2035. Such collaborations highlight the region's strong commitment to expanding its renewable energy capabilities and achieving sustainability goals (Energy Asia) (Energy Tracker Asia). South Korea is also making waves in the renewable sector. With an investment of $1.16 billion, Corio Generation and bp Alternative Energy Investment Ltd. are set to develop extensive wind farm projects. This investment not only strengthens South Korea's renewable energy infrastructure but also boosts its economic growth, showcasing the country's dedication to a greener future (Renewables.Asia). China, the powerhouse of renewable energy, continues to dominate the global scene. Projections indicate that China will be responsible for nearly 70% of all new offshore wind projects worldwide in 2024. This significant contribution extends to solar photovoltaic projects as well, solidifying China's leadership in clean energy expansion. The nation's relentless pursuit of renewable energy solutions underscores its crucial role in driving the global transition towards sustainable energy (Energy Tracker Asia). These developments reflect a broader trend of robust renewable energy growth across Asia, driven by both public and private sector efforts. As these projects come to fruition, they promise to play a crucial role in the region's transition to a more sustainable and resilient energy landscape. #RenewableEnergy #AsiaRenewables #GreenEnergy #OffshoreWind #SolarEnergy #MarkOffshore #AsiaEnergyVirtualHub #SustainableFuture #OffshoreWind Sources: Renewables Asia https://renewables.asia/ Energy Asia https://energy.asia/ Energy Tracker Asia https://lnkd.in/dcFRxsv

Exciting Times for Renewable Energy in Asia! The renewable energy landscape in Asia is buzzing with exciting developments. Malaysia and Taiwan are leading the charge with a massive 1 GW green energy project. This initiative, driven by Solarvest and GreenRock, aims to propel Malaysia towards its ambitious green energy targets for 2035. Such collaborations highlight the region's strong commitment to expanding its renewable energy capabilities and achieving sustainability goals (Energy Asia) (Energy Tracker Asia). South Korea is also making waves in the renewable sector. With an investment of $1.16 billion, Corio Generation and bp Alternative Energy Investment Ltd. are set to develop extensive wind farm projects. This investment not only strengthens South Korea's renewable energy infrastructure but also boosts its economic growth, showcasing the country's dedication to a greener future (Renewables.Asia). China, the powerhouse of renewable energy, continues to dominate the global scene. Projections indicate that China will be responsible for nearly 70% of all new offshore wind projects worldwide in 2024. This significant contribution extends to solar photovoltaic projects as well, solidifying China's leadership in clean energy expansion. The nation's relentless pursuit of renewable energy solutions underscores its crucial role in driving the global transition towards sustainable energy (Energy Tracker Asia). These developments reflect a broader trend of robust renewable energy growth across Asia, driven by both public and private sector efforts. As these projects come to fruition, they promise to play a crucial role in the region's transition to a more sustainable and resilient energy landscape. #RenewableEnergy #AsiaRenewables #GreenEnergy #OffshoreWind #SolarEnergy #MarkOffshore #AsiaEnergyVirtualHub #SustainableFuture #OffshoreWind Sources: Renewables Asia https://renewables.asia/ Energy Asia https://energy.asia/ Energy Tracker Asia https://lnkd.in/dcFRxsv

Week In ASEAN: Empowering Vietnam’s Renewable Energy Future: Decree 80 And The DPPA Mechanism; Indonesian House Approves IDR 3 Trillion For PLN To Achieve 100% Electrification In Remote Areas; And More Empowering Vietnam’s Renewable Energy Future: Decree 80 and The DPPA Mechanismthe Vietnamese government issued Decree No. 80/2024/ND-CP, a significant policy shift allowing direct power purchase agreements (DPPA) between renewable energy generators and large electricity users. This decree marks a milestone in Vietnam’s renewable energy landscape, signaling a robust commitment to transitioning away from fossil fuels and fostering an environment conducive to sustainable development. The DPPA mechanism is expected to attract private sector investment, facilitate corporate renewable energy integration, and propel Vietnam towards its net-zero emissions goals. The DPPA mechanism under Decree 80 introduces a market-driven approach to renewable energy procurement, […] Read the full story here: https://lnkd.in/dPHVVMn6 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #asean #indonesia #renewableenergy #solarenergy #southeastasia #vietnam

Nami Distributed Energy Secures Growth Funding From Clime Capital Following Vietnam Policy Breakthrough Clime Capital, the Singapore-based fund manager dedicated to accelerating the low carbon transition, and Nami Distributed Energy (Nami), a clean energy company based in Ho Chi Minh City and Hanoi, have announced a US$10 million investment today. This funding, facilitated through the Southeast Asia Clean Energy Fund II (SEACEF II), is set to support Nami’s accelerated growth and positive impact on Vietnamese businesses. This investment coincides with a significant breakthrough in Vietnam’s energy policy: the introduction of Decree 80/2024/ND-CP on Direct Power Purchase Agreements (DPPA). The new decree opens up substantial opportunities for both distributed (direct line) and grid-connected renewable […] Read the full story here: https://lnkd.in/demXkd7s #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #greenenergy #renewableenergy #singapore #solarenergy #southeastasia

TotalEnergies and RGE Secure Conditional Approval for Solar Energy Import to Singapore TotalEnergies and RGE, through their joint venture Singa Renewables Pte Ltd, have received Conditional Approval from Singapore’s Energy Market Authority (EMA) to import 1.0 gigawatt (GW) of solar photovoltaic (PV) energy from Indonesia to Singapore. The announcement was made by Singapore’s Minister for Manpower and Second Minister for Trade and Industry, Dr. Tan See Leng, during the Indonesia International Sustainability Forum 2024. This marks a crucial milestone in advancing renewable energy cooperation within Southeast Asia, utilizing Indonesia’s vast solar resources. The imported clean energy will contribute to Singapore’s sustainability objectives, enhancing its renewable energy supply. Beyond the export to Singapore, […] Read the full story here: https://lnkd.in/d6TdrqUT #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #rge #singapore #solarenergy #solarpv #southeastasia #totalenergies

 Singapore’s growing appetite for imported renewable energy will help to lay the groundwork for the development of a regional grid in South-east Asia, stimulating investments in renewable energy projects, and helping to grow the manufacturing sector to meet demand for solar panels and batteries. Energy Market Authority (EMA) chief executive Puah Kok Keong said Singapore is willing to make the investments required to help the country tap renewable energy from its neighbours, which, in turn, forms the backbone of the Asean regional power grid. Such a grid can improve interconnectedness within countries, and incentivise investments in domestic renewable projects, he added. But importing renewable energy would incur other costs, such as development and laying of subsea cables to transmit the power over long distances.  The construction of such cables could also plant the seeds for the development of a wider Asean regional grid, Mr Puah said. These transmission cables could benefit other countries in the region, which have access to abundant renewable resources but may not have electricity generation sources located where the end-users are. #energytransition #southeastasia #singapore #aseangrid #subseacables #crossborderelectricitytrade #supergrid #regionalgrid #worldgridproject #regionalcooperation

The Top 5 Largest #SolarProjects In South East Asia Indonesia, Vietnam, and Thailand lead in South East Asia in terms of largest solar power projects so far driving the renewable growth #solarenergy #renewableenergy

Southeast Asia’s rising energy demands and what lies ahead Summary: Southeast Asia's energy demand is projected to grow by over 60% by 2040, driven by urbanization, population growth, and economic expansion. This has led the region to embrace renewable energy sources such as solar, wind, geothermal, and hydropower to reduce dependency on fossil fuels and address climate change. Countries like Vietnam, Indonesia, and Thailand are leading this transition with ambitious renewable energy targets and policies, such as Vietnam’s Feed-in-Tariff (FiT) program and Indonesia’s focus on geothermal energy. The region is attracting global investment through favorable regulatory frameworks, long-term power purchase agreements, and tax incentives, positioning Southeast Asia as a hotspot for renewable energy development. Regional initiatives like the ASEAN Power Grid (APG) and Trans-ASEAN Gas Pipeline (TAGP) are enhancing energy security and fostering cross-border energy integration. Despite progress, challenges remain, including outdated infrastructure, regulatory inconsistencies, and the need for significant investments in modernizing grids. The region’s mineral wealth, essential for green technologies, further cements Southeast Asia’s role in the global energy transition. Key Highlights: Energy Demand Surge: Southeast Asia’s energy demand is expected to grow by over 60% by 2040. Renewable Energy Adoption: Ambitious policies are driving solar, wind, and geothermal capacity growth. Investment Magnet: Favorable policies and incentives attract global investors, particularly in Vietnam, Indonesia, and Thailand. Regional Cooperation: ASEAN Power Grid and TAGP aim to bolster energy security and integration. Climate Action: Countries are aligning energy strategies with climate commitments through green financing and carbon trading. Challenges: Outdated infrastructure and regulatory inconsistencies remain barriers to progress. Global Role: The region’s mineral resources and renewable energy technologies have global supply chain implications. #SoutheastAsia #EnergyTransition #RenewableEnergy #GreenInvestments #SolarEnergy #GeothermalPower #ClimateCommitments #EnergySecurity #SustainableDevelopment #GlobalEnergyMarkets https://lnkd.in/gcEcP6-V