US-funded project to boost Vietnam’s renewable energy development

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.

Mets Cold Storage has signed a deal with First Gen Corp. to power its nationwide facilities with up to 2.05 MW of geothermal energy from Mount Apo. The partnership supports Mets’ expansion and highlights geothermal power’s growing role in the Philippines’ low-carbon transition.

A new Ember report warns that Southeast Asia’s outdated power grids threaten its clean energy goals and economic growth. Investing US$4–11 billion in smart grid infrastructure could prevent annual losses of US$2.3 billion by 2040, improve reliability, and accelerate regional power integration across ASEAN economies. Read more.

The Philippines is moving toward nuclear power with the creation of the Philippine Atomic Energy Regulatory Authority (PhilAtom), signaling policy certainty for investors. The government targets 1,200 MW of nuclear capacity by 2032 across 15 potential sites. Officials are exploring separate auctions and multilateral financing, with U.S. backing pushing institutions like the World Bank and ADB to consider nuclear investments.