Indonesia prioritizes gas over renewables to meet power demand surge

Mainland Southeast Asia’s wind energy growth is uneven: Vietnam leads with ambitious offshore projects, Thailand eyes 7GW expansion, Laos exports from the Monsoon project, Cambodia starts farms despite challenges, and Myanmar’s conflict-linked rare earths complicate turbine supply chains.

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.

Korea and Vietnam signed renewable energy cooperation agreements during a bilateral summit, strengthening ties in solar, wind, and storage projects. Additional MOUs cover nuclear energy human resource development and critical mineral supply chains. Backed by a USD 12 million program, the initiatives aim to accelerate Vietnam’s energy transition and deepen economic partnership.

Vietnam’s direct power purchase agreement (DPPA) model is advancing as corporates adopt green energy. VinEnergo will supply rooftop solar-plus-storage systems to Vingroup factories, while KN Holdings and Samsung C&T plan 864 MW floating solar projects. Both initiatives highlight DPPA’s growing role in driving Vietnam’s corporate decarbonization and net-zero ambitions.