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Thailand is making a significant shift towards a green economy, with individuals and households playing an active role in the transition by installing rooftop solar panels. According to research by Kasikorn Research Center (K-Research), the adoption of solar rooftops is expected to continue growing steadily, driven by their cost-effectiveness and increasing marketing efforts by solar providers. Banks in Thailand are also now offering green financial products, including solar rooftop loan packages, to encourage households to embrace sustainability and reduce energy costs.
Thailand’s upcoming Power Development Plan, due next year, will prioritize managing the surge in solar generation, grid stability, and backup power systems. The plan aims to align the country’s energy outlook with economic growth while guiding corporate decarbonization and investment decisions.
Vietnam has launched its first Agri-PV project, combining farming and solar power to raise farmer incomes and advance clean energy. Backed by GIZ and BMZ, the initiative will pilot 10 models (2025–27), support policy, and promote just energy transition toward net-zero 2050.
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
Malaysia’s Ministry of Energy Transition has launched the CREAM program to enable rooftop solar aggregation through community leasing to developers. Managed by local aggregators and transmitted via TNB’s grid, the initiative supports decentralized clean energy without raising tariffs and aligns with Malaysia’s renewable energy targets for 2035 and 2050.
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.
Masdar has strengthened its partnership with Indonesia’s PLN to develop Southeast Asia’s largest floating solar power plant, advancing Indonesia’s net-zero goals. The 145 MW Cirata Floating Solar PV project showcases Indonesia’s clean energy potential and Masdar’s commitment to accelerating renewable energy deployment across the region through innovative, scalable 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: ESG News