Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
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.
The small-scale liquefied natural gas market is forecast to grow at an annual rate of 7.5%, reaching an estimated total value of $31.78bn by 2030, driven particularly by maritime and heavy-duty road transport sectors.
Russia strengthens its economic presence in Mali with new agreements, notably in nuclear energy and gold refining, consolidating strategic cooperation within a rapidly evolving geopolitical context.
African countries now spend more on debt service than on education and healthcare, limiting essential investments despite significant energy potential. The G20, under pressure, struggles to provide an adequate response to the financial and climate challenges.
A report by Ember shows ASEAN could supply nearly one-third of its data centres with wind and solar power by 2030 without storage, provided appropriate public policies are implemented.
Copenhagen Infrastructure Partners sells a minority stake in its 1 GW project to ACEN to accelerate its development ahead of upcoming energy auctions planned by the Philippine government.
Ember anticipates that a third of ASEAN data centre electricity demand could be met by wind and solar by 2030, without batteries, if appropriate political measures are implemented.
French group Qair has begun construction on two hybrid solar plants in N’Djamena totalling 30 MWp with battery storage, under a 20-year BOOT contract with the Chadian government.
A report identifies 30 GW of solar and wind potential along Southeast Asia’s interconnection corridors, highlighting the challenges tied to regional electricity infrastructure.
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.
Mainstream Renewable Power sold its entire Colombian portfolio to Celsia, marking its exit from the country to focus operations on three strategic markets.
ACEN Australia has raised EUR 456 mn to support its renewable energy projects in Australia, backed by 11 local and international financial institutions.
Aker Horizons and Mitsui have finalised a structured financing agreement with DNB to support Mainstream Renewable Power’s targeted strategy in South Africa, Australia and the Philippines.
From France to Mali and Albania, recent discoveries of substantial white hydrogen reserves are fueling global competition for commercial exploitation of this still-underestimated resource.
Nexif Ratch Energy has received preliminary environmental approval from the Philippine government to initiate technical studies for its 500 MW San Miguel Bay offshore wind project.
Sungrow will supply its liquid-cooled PowerTitan 2.0 system for the Kalanti BESS project, a 50 MW/100 MWh facility developed by Renewable Power Capital in southwest Finland.
ACCIONA Energía has started the construction of the Daanbantayan solar plant, a €120 million project in the Philippines, with operations expected to begin in late 2026.
The Philippines announces the launch of a major energy auction targeting more than 9 GW of new solar and wind capacities combined with storage solutions, offering 20-year contracts.
Nexif Ratch Energy has completed the financial phase of its 145MWp Bacolod Solar Project in the Philippines, marking a significant step in the development of renewable energy in the region.
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.
A Rockefeller Foundation-led initiative aims to prematurely close coal-fired power plants in developing countries using carbon credits to reduce CO₂ emissions.
With its vast geothermal resources, Alaska is positioning itself as a strategic pillar for the US energy policy in the Indo-Pacific, supporting key regions such as Taiwan, Japan, and the Philippines with sustainable and local production.
Colombia is intensifying the development of geothermal energy to diversify its energy mix. The country is relying on public-private partnerships and favorable regulations to attract the necessary investments.
Philippine authorities have recovered 96% of the fuel oil from a tanker sunk in Manila Bay.
The successful operation prevented a major oil spill, with minimal economic impact.
Abdelmadjid Tebboune, Algerian President and candidate for re-election, is focusing his strategy on economic reforms against a backdrop of dependence on hydrocarbons and criticism of the political status quo.
ACEN, GenZero and Keppel join forces to convert a Philippine coal-fired power plant into a renewable energy facility by 2030, using transition credits as financial leverage.
ACEN, GenZero and Keppel join forces to convert a Philippine coal-fired power plant into a renewable energy facility by 2030, using transition credits as financial leverage.
Increased exports of Chinese petroleum products are threatening the margins of South Korean refiners, already under pressure, in a fragile regional economic context.
Singapore and the United States sign an agreement to strengthen cooperation on the peaceful use of nuclear energy, with the aim of diversifying Singapore's energy sources.
The Philippines delay the pumping of hydrocarbons from the MT Terra Nova, accentuating the ecological risks.
The leaks must be plugged before the 1.4 million liters of hydrocarbons can be siphoned off.
Japanese companies are investing massively in gas infrastructure in Asia to offset future overproduction of liquefied natural gas (LNG) and strengthen their energy security.
The Malian military junta and Rosatom, a Russian state-owned company, have signed three cooperation agreements, including a project for a low-power nuclear power plant.
Coal's share of the energy mix in the Philippines and Indonesia continues to grow, holding back the development of renewable energies, according to a recent report.
By 2023, the offshore wind industry had expanded significantly, laying the foundations for a decade of rapid growth thanks to key policy developments and strengthened collaborations.
