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Green startups in Southeast Asia are facing funding slowdowns as global investor interest in climate tech declines. Despite challenges like cash flow issues and delayed scaling, many continue to prioritize their climate goals by streamlining operations, building local partnerships, and focusing on long-term impact over rapid growth.
*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' .
Clime Capital’s Southeast Asia Clean Energy Fund II (SEACEF II) has reached its maximum capitalization with $175 million committed. The fund will invest in early-stage clean energy projects across Southeast Asia, including solar, wind, and energy efficiency, aiming to accelerate the region’s transition to low-carbon, climate-resilient energy systems.
**Photo credit: TN Global
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.
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.
Vietnam has cut LNG import tariffs from 5% to 2% to attract investment and support its energy transition. The move boosts LNG-to-power projects under PDP8, but policy gaps, financing hurdles, and regulatory uncertainties persist. Industry leaders call for comprehensive legal reforms to ensure long-term LNG development 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.
Southeast Asia is set to become a key global hub for sustainable aviation fuel (SAF), driven by strong government support, abundant feedstock, and strategic location. The ASEAN region is aligning policies to scale up SAF production and investment, aiming to support aviation decarbonization and regional economic growth.
**Photo credit: ASEAN