News
ASEAN
July 14, 2022
Temasek raises internal carbon price to US$50, aiming US$100 by 2030
In the hopes of cutting the net carbon emissions of its portfolio, Temasek, Singapore’s state investment company, will lift its internal carbon price from US$42 to US$50 per tonne of carbon dioxide this year, with plans to further raise it to US$100 by th
July 08, 2022CHIMEI completes carbon credits transaction on CIX
CHIMEI has completed carbon credits transaction and offsetting on the Climate Impact X (CIX), a Singapore-based global carbon exchange and marketplace, in June, becoming the first Taiwanese enterprise which secured and traded carbon credits on the CIX.
July 06, 2022Hong Kong exchange to set up international carbon market with HSBC, Tencent
The Hong Kong Exchanges and Clearing Ltd (HKEX) announced on Monday that it has teamed up with major corporations and financial institutions such as HSBC and Tencent to create an international carbon market.
June 27, 2022Singapore receives its first renewable energy import from Laos
Singapore has started importing renewable energy from Laos via Thailand and Malaysia under the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP), marking the first multilateral cross-border electricity trading involving four ASEAN n
June 27, 2022Indonesia to defer carbon tax implementation amid global economic uncertainty
Indonesia’s carbon tax scheme, which was set to go into force in July, could be postponed due to global economic volatility and to give authorities time to prepare, according to a government official.
June 17, 2022JinkoSolar’s Malaysian factory now runs on 100% green energy
JinkoSolar, one of the world’s largest solar panel manufacturers, has converted its entire Malaysian factory’s electricity consumption to renewable sources.
June 17, 2022World’s largest solar-plus-storage plant to be built in the Philippines
Philippines-based Prime Infrastructure Holdings unveiled a plan to expand its investments in renewable energy by building the world’s largest solar plant in the Philippines.
June 15, 2022Microsoft inks 100 MW solar power deal in India
Microsoft, the world’s largest technology company, has inked a long-term power purchase agreement (PPA) with Amplus Solar, a subsidiary of Malaysian oil and gas corporation Petronas.
June 09, 2022Vietnam’s state-owned utility aims for 5 GW of renewables by 2025
To meet the growing need for power in national development, the Electricity of Vietnam (EVN) plans to ramp up its investment in renewable energy in the next years.
June 09, 2022Travelers can cut carbon footprint under Singapore Airlines’ new scheme
Singapore will introduce a carbon credit program for sustainable aviation fuels in July, providing businesses and travelers with the option of paying additional costs to cut their carbon footprint when flying and transporting goods by air.