News
ASEAN
April 12, 2024
Vietnam’s green energy company to apply blockchain for carbon credits
Vietnam’s Tin Thanh Group has collaborated with Centre for Quality Certification to conduct carbon inventory and convert an annual reduction of 1 billion tons of carbon dioxide into NFTs.
April 12, 2024Green Indonesia Project exceeds expectations, attracting European bidders
Indonesia accelerates the implementation of Green Indonesia Project (Hijaunesia). Indonesia Power noted that the development of their solar power plants has progressed faster than before, with European firms participating in the bidding process.
April 12, 2024Indonesia’s first marine floating solar power plant prototype set afloat
The first marine floating solar power plant prototype in Indonesia, Solar2Wave, has been launched with the aim of meeting the electricity needs of the community and reducing reliance on fuel-based power plants.
April 11, 2024Greenwashing fear is hindering Asia corporates’ sustainability agenda, study finds
According to global consulting firm Kearney, over 70% of executives in the Asia-Pacific region expressed reluctance to publicly disclose carbon reduction plans due to greenwashing anxieties.
April 11, 2024Vietnam’s DPPA becomes clearer as draft expected to be reviewed in May
The Direct Power Purchase Agreements (DPPA) mechanism has been proposed by the Vietnamese Ministry of Industry and Trade (MOIT) for over seven years. Finally, with recent urging from the Vietnamese Prime Minister, there has been significant progress.
April 11, 2024Philippines aims for 53 GW by 2040 under higher renewable portfolio standard
The Philippines would need 52.83 GW of renewable energy capacity by 2040, following the Department of Energy (DOE)’s increase of the renewable portfolio standard (RPS) to 2.52%.
April 10, 2024Singapore starts electric harbor craft charging point trial
Singapore's first public charging station for electric harbor crafts commenced its trial operation at Marina South Pier on April 8. Scheduled for full operation in May, the two-year trial is poised to assist the maritime industry to reduce carbon emission
April 10, 2024Rooftop solar emerges as standard feature in Thailand as installation costs fall
Thai real estate developer Supalai has collaborated with the Chinese tech giant Huawei to install rooftop solar panels for standalone houses. Supalai's managing director said that it is progressively becoming a standard feature now as costs decline.
April 10, 2024Global oil giants plan to storage huge amounts of CO2 in Southeast Asia
Carbon dioxide storage is emerging as a potential multi-billion-dollar revenue stream for oil giants like Exxon Mobil and Shell, which are under pressure to rein in the unfettered burning of fossil fuels.
April 09, 2024Can Gio wind power could support Ho Chi Minh City achieving net zero
Vietnam has great potential for wind energy with the experts call on the government to expedite the development of the Can Gio Offshore Wind project. The project presents an opportunity for Ho Chi Minh City to become the first Net Zero City in Vietnam.