News
ASEAN
December 12, 2023
Vietnam shaping 2 renewable energy industrial and service centers
As the Ministry of Industry and Trade (MOIT) in Vietnam proposes the latest development direction to the Prime Minister, anticipates establishing two cross-regional RE industrial and service centers located in the Northern and South Central to Southern ar
December 08, 2023Indonesia’s carbon storage ambition could be a risky business
Indonesia officially launched its first Carbon Capture and Storage (CCS) project at the end of November. However, experts believe that Indonesia faces significant risks in becoming a hub for carbon storage.
December 08, 2023Indonesia's 1 trillion appeal to net zero raises concerns over lack of commitments
President Joko Widodo explained Indonesia's climate efforts, inviting global cooperation at COP28. However, some experts find these actions insufficient to solve the global climate crisis.
December 07, 2023Philippines eye first coal-plant phase-out by carbon finance
The Rockefeller Foundation collaborates with ACEN, a major Philippine energy player, using carbon financing for the early decommissioning and transition of a coal-fired power plant in the Philippines to renewable energy.
December 06, 2023Thai Eastern cut cost by 48% through biogas project
The Thai Eastern Group Holdings converts discarded palm empty fruit bunches and palm oil residues into biogas, resulting in a 48% reduction in production costs for the company.
December 06, 2023MOIT presents draft of electricity pricing for charging station
Vietnamese Ministry of Industry and Trade (MOIT) has proposed a draft of retail electricity pricing with 3 different approaches for calculating electricity tariffs for electric vehicle (EV) charging stations.
December 06, 2023Malaysia considers REI for coal phase-out, examines Vietnam's JETP deal
Malaysia is actively contemplating about the implementation of request for information (RFI) mechanisms for coal carbon reduction and potential early coal phase-out, said Nik Nazmi at COP28.
December 05, 2023Indonesia’s carbon market flats, even no trading
After IDX Carbon launch, Indonesia's trading volume briefly outpaced Japan and Malaysia. However, a British media found little activity over the past 2 months, contrasting the earlier surge.
December 04, 2023Geothermal projects heat up in Philippines, Indonesia amid energy transition
Geothermal power generation development is gaining steam in Indonesia and the Philippines, both have some of the world's largest reserves, as companies raise funds to capitalize on the shift towards renewable energy.
December 04, 2023Indonesia finalizes renewables target with G7 climate finance plan
Indonesia has officially finalized the Comprehensive Investment and Policy Plan (CIPP), aiming to persuade the members of the JETP to secure $20 billion in funds for green energy transformation.