News
ASEAN
August 19, 2024
Singapore, Philippines unite to retire coal plants early with 'transition credits'
On the 16th, Philippine energy giant ACEN, Singapore’s green investment company GenZero, and multinational company Keppel signed a memorandum of understanding to develop clean energy solutions aimed at helping coal-fired power plants retire early and obta
August 16, 2024Vietnamese agri-trade firm lands $25 million to boost sustainable coffee supply chain
On August 15th, Phuc Sinh Corp., a Vietnamese agricultural product trading company, announced that it has received a green investment of up to $25 million from the Dutch & Green Fund. This marks the first time a Vietnamese company has achieved such a mile
August 14, 2024Experts propose regulatory approaches to accelerate banks to phaseout coal
Recent surveys show that Singapore banks have failed to honor their commitments to stop financing coal-fired power plants. Specifically, DBS Bank, UOB, and OCBC Bank were found to have provided up to $2 billion to the coal industry.
August 13, 2024TotalEnergies supplies 100% cooking oil-based marine fuel for the first time in Singapore
A significant milestone has been achieved in the development of marine low-carbon fuels. On August 5, French energy giant TotalEnergies successfully introduced its first batch of 100% biofuel (B100) at the port of Singapore.
August 13, 2024Indonesia eases local content requirements to boost renewable energy investment
Following the recent relaxation of local content regulations for power project financing, Indonesia has announced on August 12 a reduction in local content requirements for three types of renewable energy power plants.
August 12, 2024Thailand’s EV incentive plan draws major investments from Nissan, Hyundai
To attract investment from electric vehicle (EV) related businesses, the Thai government has rolled out a series of incentives, prompting responses from major multinational companies.
August 12, 2024Infineon launches world’s largest SiC power semiconductor plant in Malaysia
Infineon Technologies, a leading German semiconductor manufacturer, officially inaugurated the world's largest silicon carbide (SiC) power semiconductor manufacturing facility in Malaysia on August 8.
August 08, 2024Malaysian government releases first solid waste circular economy blueprint
The Malaysian government unveiled its first Circular Economy Blueprint for Solid Waste (2025-2035) on August 6, outlining a 10-year policy direction for solid waste management.
August 07, 2024One-third of voluntary carbon market credits fail to meet additionality standards: ICVCM
Due to a lack of additionality, nearly one-third of carbon credits in the global voluntary carbon market do not meet high-quality standards, according to ICVCM.
August 06, 2024Thailand targets 585 million kWh savings with new public sector energy-saving plan
To reduce the country’s overall energy consumption, the Thai government is launching an energy-saving program targeting public sector agencies.