Jakarta : India and 10-nation ASEAN on Thursday agreed to deepen their comprehensive strategic partnership with concrete actions through practical implementation of the ‘Plan of Action’ to implement the ASEAN-India partnership for peace, progress and shared prosperity. In a joint statement on maritime cooperation, it was agreed to support India’s connectivity initiatives in the region […]
ASEAN Can Cover Two-Thirds of Energy Demand with Renewables: IRENA – EQ Mag Pro
Southeast Asia can save energy costs of up to USD 160 billion; addressing energy security and climate risks through energy transition, says IRENA. Jakarta, Indonesia / Abu Dhabi, Unites Arab Emirates : Southeast Asian countries can meet their growing energy demand with renewables and cut 75% of their energy-related CO2 emissions by 2050, half of […]
India, ASEAN can develop entire ecosystem for renewable energy: R K Singh – EQ Mag Pro
New Delhi : Union Power and New & Renewable Energy Minister R K Singh on Monday said India and ASEAN together can develop the entire ecosystem for renewable energy (RE) and explore the joint initiative for building RE manufacturing hubs in the region. At the ASEAN-India High-Level Conference on Renewable Energy, in his keynote address, […]
Partners Pledge $665 Million to Support Green Recovery in ASEAN – EQ Mag Pro
GLASGOW, UNITED KINGDOM : Four partners have collectively pledged $665 million toward a platform managed by the Asian Development Bank (ADB) that aims to mobilize an additional $7 billion for low-carbon and climate-resilient infrastructure projects in Southeast Asia and accelerate the region’s recovery from the coronavirus disease (COVID-19). The funding, which was announced at COP26 […]
Green Energy: What ASEAN Can Learn From Vietnam – EQ Mag Pro
Like other regions around the world, Southeast Asia is no exception to decarbonising its energy sector, and improving its national energy security – perhaps simply because renewable energy (RE) has become cheaper. The ASEAN Member States (AMS) individually and collectively have set ambitious targets to incorporate RE in their energy system. In some cases, the […]
Energy in ASEAN: Singapore And Hydrogen – EQ Mag Pro
The launch of Singapore’s Green Plan 2030 (Green Plan) in February this year is likely to mark a turning point for the island state’s energy sector. As Singapore looks to create a more sustainable society, it will become increasingly focused on low-carbon energy, including hydrogen. In the latest instalment of our “Energy in ASEAN” series, […]
ASEAN Needs Pragmatic Approach to Reach Net Zero
Manage consumption alongside production for long term emissions reduction. The path to net zero should be an integrated initiative involving governments, industry and consumers, with policymakers taking the lead to create an ecosystem where all economic players can effectively participate. Speaking at Maybank Kim Eng’s “Decarbonising ASEAN” webinar yesterday, Tan Sri Wan Zulkiflee Wan Ariffin, […]
High Complementarity to Boost China’s Investment in ASEAN
The enhancing economic ties between China and the Association of Southeast Asian Nations (ASEAN) have drawn attention worldwide, especially against the backdrop of intensifying China-US tensions. Recently Japan-based Nikkei listed several new investment projects from China to ASEAN countries, saying that China outspends the US in order to “undermine the US in the race for […]
Chinese Solar Power Firm to Invest $10B in Malaysian Production
A man walks between solar panels at a solar power plant under construction in Aksu, in China’s Xinjiang Uyghur Autonomous Region, April 5, 2012. A solar power company from China has agreed to invest $10 billion in Malaysia over 15 years, as Chinese firms look to Southeast Asia to expand production and avoid “obstacles” put […]
Malaysia Focusing on Increasing Renewable Energy Capacity
Malaysia is planning on ramping up its renewable energy capacity, up to 31% in its installed capacity in 2025 says Energy and Natural Resources minister Datuk Dr Shamsul Anuar Malaysia is focusing on its power generation plan with a target of 31% renewable energy (RE) in its installed capacity in 2025 and 40% in 2035, […]