Facing energy security challenges, several Southeast Asian countries are turning to nuclear and could invest up to $208bn to reach 25 GW of capacity, favouring small modular reactors.
The 600 MW onshore wind farm in Laos achieves commercial operation four months early, injecting power into Vietnam via a 500 kV interconnection and consolidating an international financing package of $950mn.
Washington launches antidumping procedures against three Asian countries. Margins up to 190% identified. Final decisions expected April 2026 with major supply chain impacts.
First Solar anticipates higher revenue for the current year, driven by an increase in solar panel prices following the introduction of new import tariffs.
Sanctions imposed on August 1 accelerate the reconfiguration of Indo-Pacific trade flows, with Vietnam, Bangladesh and Indonesia emerging as principal beneficiaries.
New anti-dumping tariffs and Foreign Entity of Concern (FEOC) restrictions are disrupting the US solar supply chain, while ongoing dependence on China exposes the industry to significant risks, according to Wood Mackenzie.
PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.
A Wood Mackenzie report estimates required battery investments at $1.2 trillion to integrate an additional 5,900 GW of renewable energy, highlighting battery storage systems' key role in stabilising electrical grids.
Chinese manufacturer Longi will invest alongside Pertamina NRE in a 1.6 GW site at Deltamas, aiming to strengthen the local photovoltaic chain and capture demand expected under Indonesia’s power plan.
The Kuwait Authority for Partnership Projects has launched the tender for the 1.1 GW Al Dibdibah and Al Shagaya Phase III Zone 1 solar project, targeting pre-qualified international companies and consortia.
The French developer and Vietnam’s state-owned shipowner will combine fuel cells with locally produced green hydrogen to cut shipping emissions under a memorandum signed on 11 June in the presence of senior officials from both countries.
ExxonMobil has been named the most admired upstream exploration company in Wood Mackenzie’s latest annual survey, recognised for its performance in Guyana and its ability to open new resource frontiers.
SK Innovation, through its subsidiary SK Earthon, is accelerating investments in offshore oil exploration projects in Southeast Asia, enhancing South Korea's energy security through a regional strategy focused on operational efficiency.
Emmanuel Macron is visiting Vietnam as the country expands its nuclear partnerships, signing today an agreement with the American company Westinghouse, following recent cooperation with Russia, intensifying competition in this strategic market.
A report identifies 30 GW of solar and wind potential along Southeast Asia’s interconnection corridors, highlighting the challenges tied to regional electricity infrastructure.
Russia and Vietnam have signed a nuclear roadmap aimed at strengthening technological cooperation, including a commercial nuclear plant and a scientific centre by 2030.
Driven by economic growth and renewable energy limitations, natural gas consumption in Southeast Asia is expected to nearly double by 2050, according to Wood Mackenzie.
The US announcement of tariffs exceeding 3,500% on Southeast Asian solar panels is pushing manufacturers to shift focus toward high-potential regional markets.
TotalEnergies ENEOS has launched its largest rooftop solar project in Vietnam to supply Samsung Electronics HCMC CE Complex operations in Ho Chi Minh City.
Saudi Aramco and PetroVietnam signed a collaboration agreement to strengthen their activities in refining and petrochemicals in Vietnam, marking a new phase of strategic energy cooperation.
With growing emissions in the oil and gas sectors, the Asia-Pacific is exploring carbon capture and storage (CCS) solutions to meet climate goals, but the lack of a unified strategic framework hinders progress.
The Vietnamese government has introduced a decree limiting solar electricity surplus sales to 20% of installed capacity. This cap could hinder industrial and commercial adoption of renewable energy.
Discussions between Singapore and Thailand on the second phase of the LTMS project are stalling, delaying regional interconnection in Southeast Asia. A disagreement persists regarding the amount of electricity to be guaranteed to cover transmission costs.
Cambodia plans to increase its electricity import capacity by over 50% in two years through agreements with Laos, Vietnam, and Thailand, thereby strengthening its energy security and diversifying its renewable sources.
Southeast Asia's increasing energy demand will take center stage, according to Fatih Birol of the International Energy Agency (IEA). Ensuring the security of energy flows amid geopolitical turmoil is paramount for the region.
Petronas' exploration in Malaysia's exclusive economic zone in the South China Sea raises major geopolitical and economic issues, influencing bilateral relations and the regional energy market.
The closure of the Komati coal plant, intended to become a flagship of the energy transition, has revealed the major challenges South Africa must overcome to achieve its decarbonation goals, particularly in terms of job reallocation and infrastructure.
Adani Group, a leader in renewable energy, plans to develop 10 GW of hydroelectric capacity in several Asian and African countries, including Bhutan, Nepal, Kenya, and Vietnam, to strengthen its green portfolio and achieve carbon neutrality by 2050.
Japan's new Minister of Economy, Trade, and Industry, Yoji Muto, recently reaffirmed the country's commitment to restart its nuclear power plants while maximizing the integration of renewables into its energy mix. This approach is part of a broader strategy to diversify Japan’s energy sources and reduce its dependence on fossil fuels.
Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
JETP, a G7-backed initiative, promises to finance the energy transition of developing nations.
However, financing delays and structural obstacles are holding back the achievement of climate goals in countries such as South Africa, Indonesia, Vietnam and Senegal.
Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan.
This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.
Vietnam faces major energy challenges, with soaring demand and delays in key projects.
The government plans to revive nuclear power and increase solar capacity to diversify its energy sources.
EliTe Solar launches a $150 million project for an 8 GW solar plant in Egypt.
The aim is to boost its production capacity and optimize its global supply chain, while supporting Egypt's energy ambitions.
Enel could pull out of Vietnam, following the trend of other Western companies reviewing their renewable energy strategies in the face of regulatory challenges.
Oxfam is proposing a new strategic tool to guide energy transition policies in Asia, by promoting better coordination between regulators, financial institutions and local players.
Singapore is exploring partnerships with Australia and Southeast Asia to diversify its energy sources, in response to growing demand and its decarbonization objectives.
Norwegian energy giant Equinor is pulling the plug on its offshore wind projects in Vietnam, citing regulatory delays and a strategic reassessment, which could put the brakes on energy ambitions in this fast-growing market.
