News
ASEAN
April 13, 2022
EV credits scheme launched in Singapore to support sustainable transition
Singaporean carbon trading company CRX CarbonBank launched on Tuesday the Electric Vehicle Accelerator initiative, a scheme that generates caron credits based on greenhouse gas emissions avoided by electric vehicle charging points, allowing charging stati
April 12, 2022Coro Energy enters 25-year solar power purchase agreement in Vietnam
Coro Energy, an UK-based and Southeast Asia-focused energy company, announced on Monday that it has inked a 25-year power purchase agreement (PPA) with Phong Phu, a Vietnamese textiles producer.
April 06, 2022Indonesia defers carbon tax rollout amid inflation concerns
The Indonesian government has decided to postpone the implementation of its carbon tax from April to July due to global economic upheaval and continued disruptions in the energy industry, a government official said over the weekend.
March 30, 2022Indonesia’s PLN inks 50 MW PPA to ramp up solar power capacity
Filipino-owned solar developer Solar Philippines (SP) and Indonesian oil giant Medco Energi have joined forces to sign a 20-year power purchase agreement (PPA) with PLN, Indonesia’s state-owned electricity company. SP and Medco Energi will build two solar
March 30, 2022Abu Dhabi to launch world's first regulated carbon trading exchange
Abu Dhabi Global Market announced on Tuesday the partnership with AirCarbon Exchange (ACX), a Singapore-based commodities exchange, which will allow ADGM to establish in Abu Dhabi the world’s first fully regulated carbon trading exchange and carbon cleari
March 23, 2022KAB bags five power purchase agreements, strengthening footing in Thailand
Kejuruteraan Asastera Berhad (KAB), a Malaysia-based electrical and mechanical engineering company, has signed five Rooftop Solar Power Generating System Construction and Power Purchase Agreements (PPAs) in Thailand. The aggregate capacity will total 4,28
March 23, 2022Singapore and Indonesia to collaborate on regional carbon trading hub
Singapore's National Climate Change Secretariat (NCCS) stated on March 21 that the country has signed a Memorandum of Understanding (MoU) with Indonesia on cooperation in carbon pricing, climate change, and sustainability.
March 10, 2022Poor grid infrastructure may impede Southeast Asia’s renewable push
According to a new report by Black & Veatch, flexible transmission infrastructure is a critical enabler for solar and wind power to function, and Southeast Asia needs to start preparing for stronger networks to support its renewable ambition.
March 02, 2022Panasonic inks PPA in Thailand for 1,169 kWp rooftop solar array
Shizen Energy, a Japanese renewable energy developer, and Constant Energy, a Thai power producer, have announced the signing of a 20-year power purchase agreement (PPA) with Panasonic Energy (Thailand) Co Ltd, featuring a 1,169 kWp rooftop solar array.
February 23, 2022Vietnam mulls setting up renewable energy center to realize COP26 commitment
In the hopes of speeding up net zero transition, Vietnam’s Ministry of Industry and Trade (MoIT) and the Ministry of Natural Resources and Environment (MoNRE) have been tasked with coordinating the establishment of a renewable energy center, which is expe