News
Asia Pacific
January 16, 2024
Global renewable energy capacity grew at record pace by 50% in 2023: IEA
The green energy continues to expand, with the IEA reporting a significant 50% growth in global renewable energy in 2023 compared to the previous year. This growth added 510 GW, marking the fastest increase in two decades.
January 12, 2024How green manufacturing can maximize profitability
Japanese data communications company NTT DATA and Business Weekly co-organized an ESG forum on Jan. 11 in Kaohsiung to explore pathways for Taiwan’s manufacturing industry to align with the global net-zero trend.
December 22, 2023Japan's Eneos, Sumitomo to produce green hydrogen in Malaysia
Japanese oil company Eneos and trading group Sumitomo Corp. have announced plans to produce green hydrogen in Malaysia and export much of it to Japan. This initiative aims to further diversify the fuel supply for decarbonization.
December 21, 2023Taiwan delegation to COP28 jointly acknowledge climate finance as transition accelerator
As the COP28 climate talks ended in a deal on global transition away from fossil fuels and triple renewable energy capacity by 2030, Taiwan Institute for Sustainable Energy Research (TAISE) invited Taiwan delegation to COP28 to share their observations.
December 20, 2023Scramble for African forests looming for carbon credits
The UAE startup "Blue Carbon" is quietly developing forest carbon credits worldwide. Through collaborations with 5 African countries, the land area involved is nearly equivalent to the size of United Kingdom.
December 19, 2023UK to launch carbon brooder tax on imports by 2027
Britain will introduce a new carbon import levy on certain products from 2027 to protect local businesses against cheaper imports from countries with less strict climate regulations, the government announced on Dec. 18.
December 19, 2023Japan eyes ammonia as critical strategic energy source
It has become a consensus for the world to reduce dependence on fossil fuels and cut carbon emissions as renewables become mainstream in recent years. Japan, which has been actively developing hydrogen, is turning its focus to ammonia as a critical fuel.
December 15, 2023Taiwan greenlights sales of self-generated PV power to electricity retailers
The Ministry of Economic Affairs announced on Dec. 14 that self-generated green energy (Type 2 and 3 solar plants) can now be sold to renewable energy retailers, which can then resell it to corporate users. The policy change is estimated to contribute an
December 13, 2023Asia under pressure for COP28 vow to triple renewables
Nearly 120 nations have pledged to triple their installed renewable energy capacity by the end of 2030 at COP28. This commitment is expected to accelerate the global energy transition, posing a new challenge in economies across Asia.
December 12, 2023More companies set internal prices to manage carbon risk
COP28 has officially concluded. While the global carbon price is not set to be standardized, the concept of "carbon pricing" has begun to ferment. Governments and large corporations alike have established carbon pricing mechanisms.