News
Singapore to buy its first tranche of carbon credits, launch low-carbon tech testbed
Singapore’s Minister for Manpower and Second Minister for Trade and Industry announced that Singapore has signed carbon credit transfer agreements with three countries to fulfill its Nationally Determined Contributions (NDCs) under the Paris Agreement.
March 10, 2025
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U.S. exit from JETP threatens $3 billion green financing for Indonesia, Vietnam
U.S. Treasury officials have confirmed that the United States has withdrawn from the Just Energy Transition Partnership (JETP), refusing to provide the financing needed by developing countries for climate transformation.
March 07, 2025
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Vietnam grants up to 12 years of fee exemptions for green energy projects
The Vietnamese government has introduced a new electricity decree, prioritizing the promotion of power generation projects using renewable energy sources such as solar and wind power, as well as energy storage systems.
March 06, 2025
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Malaysia introduces CCUS Bill amid regional disagreements
Malaysian government officially unveiled the Carbon Capture, Utilization, and Storage (CCUS) Bill 2025 on March 4, establishing a legal framework for the development of the industry.
March 05, 2025
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Can Southeast Asia shield its economy from Trump’s tariff war threat?
Since President Trump took office, he has imposed additional tariffs on many imported products, raising concerns in some Southeast Asian countries about the potential impact and prompting them to devise countermeasures.
March 05, 2025
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Vietnam to update Power Development Plan amid ambitious energy goals
Vietnam is expected to finalize the updated National Power Development Plan (PDP8) by the end of February. According to the draft, the country has significantly raised its electricity demand forecasts, energy imports, and renewable energy capacity. Solar
February 25, 2025
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Thailand’s solvent recycling innovation helps EV, battery makers slash emissions
The carbon reduction effect of electric vehicles is mainly concentrated during driving, while the manufacturing of the vehicle body and batteries still generates significant carbon emissions.
February 17, 2025
News
Sembcorp enters Philippine renewable energy race with solar investment
Sembcorp Industries announced on Jan. 31 that it has acquired 100% of the shares in Puente Al Sol for a total of SGD 105 million (about USD 77.6 million), marking its strategic entry into the highly competitive solar energy market in the Philippines.
February 05, 2025