Policy & Regulations

Vietnam plans to provide subsidised electricity for EV charging stations

Vietnam has around 150,000 EV charging ports, most of them operated by VinFast.

Policy & Regulations

Indonesia halves local content requirement for solar power plants to 20%

Solar power plants can now use imported panels until June 2025.

Unicorns

China’s green energy firm Qiyuan enters unicorn club after $211m Series B round

Qiyuan partners with companies like CATL, the world’s largest battery maker for electric vehicles (EVs).

Opinion

Viewpoint: Private capital’s role in ASEAN’s renewable energy transition

Private capital can look to back tech ventures spurring the growth of renewable energy supply.

Deals

Indonesia’s INA, BII announce partnership in green investments

The collaboration signals a new chapter in the economic relationship between Indonesia and the UK.

People

Indonesian solar energy startup Xurya aims to raise fresh funds this year

The company last raised $33m in its Series A round across two tranches.

Private Equity

Legend Capital leads $145m round for Chinese battery solutions provider Rongke

Rongke specialises in the R&D of vanadium redox flow batteries.

Analysis

Indonesia’s Pertamina to revisit refinery expansion plans amid green energy shift

Indonesia is targeting net-zero emissions by 2060.

Venture Capital

China Digest: Longneng raises $63m; Sequoia China backs Eaglechip’s $41.5m deal

Longneng's parent Wolong Electric Group invested almost $29m in the deal

Venture Capital

China Digest: Greentech firms Qiyuan, Jayson each raise $147m amid carbon-neutral fad

In its biggest financing so far, Qiyuan closed the deal roughly six months after CATL invested in it