News
ASEAN
April 09, 2024
Challenges remain for hydrogen car commercialization in Indonesia
Hydrogen-powered vehicles are just starting to emerge in Indonesia. However, the Indonesian Automotive Industry assesses that these vehicles are not ready for widespread commercialization in the country due to the high costs.
April 08, 2024Thailand promotes rubber plantation carbon credits for sustainable agriculture
Rubber Authority of Thailand has launched a rubber plantation carbon credit program with the goal of achieving carbon neutrality for 3.2 million hectares of registered rubber plantations in the country and further converting them into carbon credits for s
April 08, 2024The young Filipinos studying clean energy in China
Training projects are benefiting the renewable energy sectors of Belt and Road countries. In the autumn of 2023, 18 Filipino students, with ages ranging from 17 to 22, came to China to start a course in “new energy engineering”.
April 03, 2024Vietnam cut electricity price adjustment period to align with market
Vietnam issued the latest electricity pricing mechanism on March 26, deciding to shorten the price adjustment period. The Electricity Regulatory Authority of Vietnam of the Ministry of Industry and Trade stated that this move aims to align with market.
April 03, 2024Malaysia’s new moratorium unexpectedly propels rise of green steel
The green steel supply chain is gradually starting up in Malaysia, largely due to stricter government policies related to decarbonization. One of these policies is a two-year moratorium on all expansion and diversification of manufacturing activities in t
April 03, 2024Vietnam’s ministry says carbon credits are sold at acceptable price
There is widespread belief that Vietnam is undervaluing its carbon credits, priced at just $5 each, but the Ministry of Agriculture and Rural Development (MARD) has refuted these claims.
April 02, 2024"Greenflation" leads to downgrading green energy targets in ASEAN countries
"Greenflation" has become a factor to countries in Southeast Asia, including Indonesia and Vietnam, in lowering their commitments to renewable energy targets. Meanwhile, in Malaysia, the weakening currency is hindering the funding for decarbonization effo
April 02, 2024Vietnam Rubber Group evaluates rubber forest carbon for commercialization
The Vietnam Rubber Group (VRG) is optimistic about the carbon market. As outlined in its "2024 Green Growth and Sustainable Development Action Plan" announced on March 27, VRG will assess the feasibility of developing carbon credits from rubber forests.
April 02, 2024Malaysia aiming to spur residential solar PV via new incentive scheme
Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has launched a solar incentive scheme (Solar for Rakyat incentive scheme or Solaris) to encourage installation of solar PV systems by domestic users.
April 01, 2024Indonesian startup offers decarbonization solutions to fill green financing gap
Indonesian energy startup enables both non-state entities and individuals to participate in the nation's carbon reduction efforts through effective greenhouse gas projects and tree planting initiatives.