Unlocking Vietnam’s Offshore Wind Potential: A Path to Sustainable Growth
Vietnam, with its 3,000-kilometer coastline and commitment to sustainability, has setambitious targets to develop between 70 and 91.5 gigawatts (GW) of offshore windcapacity by 2050. According to the Global Wind Energy Council (GWEC), Vietnam’s fulloffshore wind potential is estimated at a remarkable 600 GW. With strategic steps, thecountry can make offshore wind energy a cost-effective, […]
Global Energy Consumption and Production Trends
The global energy landscape is undergoing rapid changes, driven by growing demand and an accelerating shift toward renewable energy. However, fossil fuels continue to dominate the energy mix, presenting a challenge for sustainable growth. Below, we explore the latest global energy consumption and production statistics, with a focus on key regions like Africa and Southeast […]
Why are European investors exiting the Vietnam renewable market?
Vietnam’s ambitious renewable energy goals are facing significant challenges, prompting major European investors to reconsider their commitments. According to Reuters, Enel, the Italian energy giant and one of the world’s largest renewable energy investors, is planning to exit the Vietnamese market, following similar moves by Norway’s Equinor and Denmark’s Orsted, both of which recently canceled renewable projects in […]
India’s Kazam Gears Up for EV Charging Expansion in Southeast Asia
Electric vehicle (EV) charging station startup Kazam is set to expand its operations beyond India, where it already holds a significant market share, into Southeast Asia. According to an exclusive report from TechCrunch, this move aims to capitalize on early market opportunities. Headquartered in Bengaluru, with offices in Delhi and Pune, Kazam has established a strong presence […]
Wind and Solar Capacity in South-East Asia Climbs 20% in One Year, Report Finds
A recent report from Global Energy Monitor (GEM) reveals that wind and solar technologies now constitute 9% of the electricity generating capacity in ASEAN countries, which include Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. This growth brings the region close to its renewable energy capacity target of 35% by 2025. […]
Southeast Asia Looks to Renewable Power for Energy Security
Southeast Asia is shifting to renewable energy to reduce fossil fuel reliance, enhance energy security, and attract foreign investment.
