The bulk of funding will be used to address intermittency and variability of renewables in off-grid areas, says Asian Development Bank’s energy director Keiju Mitsuhashi. The Philippines alone will require $10 billion to improve its domestic grid.
Indonesia received the most funding from China over the last decade, according to a new report by Zero Carbon Analytics. But uncertainties caused by US-driven tariff plans could see Southeast Asian countries retract green investments, said an analyst.
Data centre hubs in the region can meet at least 30 per cent of their electricity demand by the end of the decade with wind and solar, without the need for battery storage, finds a new report by Ember.
Multilateral development banks can help derisk the costs of decarbonisation and interconnections, with tech companies like Google playing a key role as large offtakers of clean energy. But the Asean Centre of Energy needs the mandate of the region's leaders to develop feasibility studies and optimisation scenarios.
Before US tariffs, an AI-fuelled data centre boom had spurred tech giants to make big renewables bets in the region. Mounting uncertainty is prompting a "wait and see" approach, though the long game hinges on local policies, say experts.
Campaigning for the city-state's general elections has crossed the halfway mark, but climate has hardly featured as an electoral issue. Eco-Business hits the streets to ask Singaporeans from a range of socioeconomic groups: Would they vote for a party that promises bolder climate action?
Before US tariffs, an AI-fuelled data centre boom had spurred tech giants to make big renewables bets in the region. Mounting uncertainty is prompting a "wait and see" approach, though the long game hinges on local policies, say experts.
The environmental watchdog published analysis warning that there is a "wide trend" of carbon capture, use and storage initiatives in Malaysia linked to fossil fuel expansion. It is one of 19 organisations backing a memorandum to the Senate calling for a controversial CCUS bill to be stopped.
The government has launched a tender, closing 24 March, for a seven-month long study to develop a new framework for cross-border REC transactions. It will seek endorsement from RE100, the Greenhouse Gas Protocol and other global bodies.
Labour representatives say that Malaysia’s workers are unprepared for the energy transition, with many prioritising economic issues such as wages over sustainability. A recent report called for a national assessment of workforce readiness, as well as more awareness building and upskilling programmes.