Financing the future: How blended finance is powering Southeast Asia’s clean energy transition

Malaysia, Singapore, and Vietnam have signed a Joint Development Agreement to explore exporting renewable electricity from Vietnam's offshore wind resources to Malaysia and Singapore via submarine cables, advancing ASEAN's regional energy integration goal.

Singapore's Royal Golden Eagle (RGE) and France's TotalEnergies, through their joint venture Singa Renewables, will develop a phased solar and battery project in Indonesia's Riau Province. The project aims to supply green energy to local industrial complexes and export solar power to Singapore, supporting regional decarbonization and the ASEAN Power Grid vision.

MGreen has achieved 42% progress on what will be the world’s largest solar-plus-storage project in the Philippines. Set to power 2.4 million homes by 2026, the project marks a major milestone in the country’s energy transition, boosting renewable capacity and energy security

New U.S. tariffs on Chinese solar components threaten to disrupt Vietnam’s clean energy ambitions, as many of its solar exports rely on Chinese materials. The article examines how these trade measures could raise costs, delay projects, and hinder the country’s energy transition plans.