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PHL urged to unlock potential of $788.4-million solar export market

The Philippines can access a potential export market of $788.4 million for its solar photovoltaic (PV) modules if it properly addresses the non-tariff barriers hindering the trade, the Philippine Exporters Confederation, Inc. said.

“For specialized solar components, the solar PV modules, the Philippines has room to expand its exports to the US ($189.4 million), China ($171.6 million), the Netherlands ($64.7 million), Vietnam ($46.4 million), and Germany ($43 million),” the export group said.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Wikimedia Commons

03 Feb 2025 | Business World
Renewables Renewable Sources Solar Energy
Thailand Eases Regulations for Solar Rooftop Installations

The Thai Cabinet relaxed regulations on solar rooftop installations with the introduction of the Ministerial Regulation Re: Designation of Type, Kind, and Size of Factories (No. 3), B.E. 2567 (2024) (the “Ministerial Regulation”). The Ministerial Regulation does away with the need to obtain a factory license from the Energy Regulatory Commission (ERC) or Department of Industrial Works (DIW) for all solar rooftop power generation installations located outside of industrial estates, irrespective of their production capacity. This relaxation came into effect on December 28, 2024.

Previously, the installation of such solar rooftops with a generating capacity exceeding 1,000 kW required a factory license. This move specifically targets solar power generation installations located on rooftops, terraces, or any part of buildings that can be occupied or used. It is noted that solar ground mounted and floating projects are not affected by the Ministerial Regulation.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Wikimedia Commons

27 Jan 2025 | The National Law Review
Solar Energy
Thailand approves carbon tax to curb emissions, PM2.5 pollution

Thailand’s cabinet has approved a carbon tax on gasoline, diesel, and LPG, aiming to reduce pollution, including PM2.5 particulate matter, while initially avoiding direct impact on fuel prices, a government spokesperson said on Tuesday.

Deputy government spokesperson Karom Phonphonklang stated that the cabinet endorsed the carbon tax as a mandatory price mechanism to raise awareness and encourage responsibility for carbon emissions among businesses and the public, mitigating the impact of climate change. He added that businesses exporting goods to countries with carbon border adjustment mechanisms (CBAM) could use the tax for potential fee reductions.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Pattaya Mail

27 Jan 2025 | Pattaya Mail
Energy Transition Carbon & Renewable Energy Energy Environment Policies and Practice
Indonesia bourse opens carbon trading to foreign participants

The Indonesia Stock Exchange invited foreign participants to join its carbon trading, saying the certification mechanism has been improved following tepid activities on the IDXCarbon bourse last year.

The IDX listed five low-carbon energy projects under state utility Perusahaan Listrik Negara in its offering of carbon credits to foreign buyers, including gas-powered and hydropower plants on the island of Java. These had previously been available to domestic investors, but IDX and government officials said the certification mechanism has been improved to satisfy foreign buyers.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Rezha Hadyan/Nikkei Asia

22 Jan 2025 | Nikkei Asia
Energy Transition Carbon & Renewable Energy
Indonesia wants more independent power plants under new energy plan

Indonesia will rely more on private investors for its planned 71 gigawatt expansion in power capacity over the next decade, with the government to focus on transmission for renewable generation, the country's energy minister said on Monday.

Energy minister Bahlil Lahadalia said state utility Perusahaan Listrik Negara's (PLN) 2025-2034 power supply plan will include 71 GW of new power capacity and 48,000 circuit-km of transmission lines, which is equivalent to 8,000 km (4,971 miles) straight line.

This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Wikimedia Commons

21 Jan 2025 | Reuters
Energy Transition Power Transmission
Carbon tax implementation in the offing in Thailand

Thailand is set to implement a carbon tax this month as part of its efforts to reduce greenhouse gas emissions and promote environmental sustainability.

Speaking after the signing of a cooperation agreement to promote awareness of the carbon tax and sustainable energy consumption with PTT Plc and Bangchak Corporation Plc on Monday, Deputy Finance Minister Paopoom Rojanasakul said the ministerial regulation on carbon tax, which was approved by the cabinet two weeks ago, is currently under review by the Council of State.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Bangkok Post

04 Feb 2025 | Bangkok Post
Decarbonization
Vietnam’s chemical giant Stavian invests $22 mln in manufacturing battery energy storage system

Vietnam’s chemical giant Stavian Group will invest $22 million in making battery energy storage system (BESS), in order to promote green and clean energy development and sustainable energy industrialization in the country.

Stavian Energy Solutions and Stavian Industrial Park, two units of Stavian Group, have signed a deal for the former to lease infrastructure of the latter to manufacture BESS, electric vehicle charging equipment, and electric cables.

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: Stavian

03 Feb 2025 | The Investor
Energy Technologies Electric Vehicle Energy Storage
ADB, Ayala ink $100-M loan to develop EV ecosystem

The Asian Development Bank (ADB) and Ayala Corp. have signed a $100-million financing deal to support the company’s efforts to develop an electric mobility (e-mobility) ecosystem in the Philippines.

In a statement, ADB Country Director for the Philippines Pavit Ramachandran said the project is a “significant step towards a sustainable and low-carbon future for the Philippines.” 

“We are not only addressing critical environmental challenges such as air pollution, but also driving economic growth through the creation of green jobs, enhancing energy security, and promoting inclusive and resilient urban development,” he said.

The Ayala Electric Mobility Ecosystem Project has secured an $85-million ordinary-capital-resources loan from the ADB and a $15-million concessional loan from the Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA).

CANPA is a trust fund managed by ADB that is supported by the government of Canada. It aims to support private sector projects in the region that focus on “climate and nature-based solutions.”

*This excerpt is from a news item collated by SIPET as part of its mission to serve as a one-stop platform for information and knowledge exchange about the energy transition in Southeast Asia. For the full news item, click on the link next to 'Further Information' . 

**Photo credit: 

03 Feb 2025 | Business World
Electric Vehicle