Bankability of Solar in Southeast Asia
“We have this handy fusion reactor in the sky – called the Sun. You don't have to do anything – it just works.
ASEAN’s wind energy potential
Based on Bloomberg’s New Energy Finance "New Energy Outlook" report, solar and wind power generation will dominate the future of electricity where 72 percent of the 10.2 trillion dollars spent on new power generation and installation worldwide between now to 2040 will be invested in new solar photovoltaic (PV) plants and wind parks.Although there has been rapid installation of solar energy systems in the region, wind energy has been a relatively low priority renewable sector in ASEA
Enhancing economic prosperity in the Asia Pacific region
Da Nang, Vietnam will play host to the 2017 Asia Pacific Economic Cooperation (APEC) Economic Leaders’ Week from November 6-10.APEC is the leading economic forum in the Asia Pacific region with a focus on supporting sustainable economic growth and prosperity of economies within the region. To date, it is the only such intergovernmental grouping in the world with a commitment to reduce trade and investment barriers without requiring its members to enter legally binding obligations.
An overview of solar energy in Indonesia
Indonesia is the largest energy consumer among all ASEAN member states. With over 261 million people living in the country, energy demand in the archipelagic country is growing rapidly. It currently has a total installed energy capacity of 57.6 gigawatts (GW).
Singapore to develop solar power and storage systems
Singapore plans to develop solar power and energy-storage technologies as the oil-trading hub of Asia pushes to generate more of its power from renewable sources.The city-state is testing floating power projects in its reservoirs, a technology that could help solar meet as much as a quarter of electricity demand by 2025, Deputy Prime Minister Teo Chee Hean said Monday in a speech opening Singapore International Energy Week.
The tides are changing in favour of renewable energy
The Southeast Asian region is gifted with rich and diverse renewable energy sources. With the abundance of renewable energy sources in the region, it is timely for ASEAN nations to focus on renewable energy installation amidst diminishing fossil fuel reserves and the growing environmental concerns over fossil fuels and climate change, in particular.
Oil and gas environmental footprint in Southeast Asia
The Sidoarjo regency in East Java, Indonesia is known for its cottage industries which produce traditional prawn and fish flavoured crackers. However, tourists who flock there aren’t just lured by the promise of crunchy titbits, but come to see the largest mud volcano in the world.The Sidoarjo mud flow, commonly called Lusi – an abbreviation of Lumpur Sidoarjo, “lumpur” means “mud” in Indonesian – has been spewing mud since it erupted in May 2006.
Quenching Southeast Asia’s insatiable thirst for energy
Situated strategically in the heart of Asia, the Southeast Asia region boasts an abundant and diversified supply of fossil fuels and renewable energy. In any country, having the ability to provide affordable, reliable and sustainable energy is crucial in improving living standards and unlocking the economic potential of any nation.
China’s renewable-energy revolution
BEIJING – At the start of 2017, China announced that it would invest 360 billion dollars in renewable energy by 2020 and scrap plans to build 85 coal-fired power plants. In March, Chinese authorities reported that the country was already exceeding official targets for energy efficiency, carbon intensity, and the share of clean energy sources.
Sunny skies across Southeast Asia
As ASEAN (Association of Southeast Asian Nations) celebrates its 50th anniversary, the region has witnessed immense growth in terms of its economy and human population which has contributed to the rising demand for energy. In recent years, the ACE (ASEAN Centre for Energy) has been working on promoting the use of renewable energy throughout the region.