Indonesia plans 10 GW nuclear power in major renewable energy push, presidential aide says

Green investments in Southeast Asia’s SEA-6 economies rose 43% year-on-year to $8 billion in 2024, driven by strong activity in solar and waste management sectors. Malaysia and Singapore led the surge, accounting for over 60% of deal volume.

Vietnam announced plans to boost its generation capacity to 183–236 GW by 2030, requiring $136 billion in investment. The plan includes the development of nuclear power by 2030–2035, a strong focus on renewables, and transmission upgrades. The move aims to support rising electricity demand and ensure energy security.

Indonesia has initiated a green hydrogen collaboration to decarbonize its maritime sector, aligning with its Nationally Determined Contributions. PT PLN, the Ministry of Transportation, PT HDF Energy Indonesia, and PT ASDP Indonesia Ferry signed a joint study agreement to explore green hydrogen as marine fuel. 

​The U.S. has imposed record-high tariffs on solar panels from Cambodia, Vietnam, Thailand, and Malaysia, with rates up to 3,521%. These measures disproportionately impact smaller Southeast Asian manufacturers and workers, while larger Chinese firms had already relocated operations to avoid such penalties.