News
March 25, 2024
Indonesia to announce carbon emission caps to revitalize carbon credit market
Indonesia Ministry of Environment and Forestry has announced its intention to soon implement the Technical Approval for Emission Limits (PTBAE) set by the Minister of Energy and Mineral Resources (ESDM) and strongly believed that this regulation can enhan
March 25, 2024
Advantech to advance into renewable energy, carbon credit procurement services
Taiwan-based industrial PC (IPC) maker Advantech has introduced the WISE-iEMS system, utilizing generative AI technology to proactively provide energy-saving strategies, promoting the sustainable transition of the industrial chain.
March 25, 2024
Thailand commits to accelerating green energy trading liberalization by year’s end
The direction of Thailand's "Direct Power Purchase Agreement" is set to become clearer. Chai Wacharonke, spokesperson for the Thai Prime Minister's Office, stated that Prime Minister instructed to expedite the policy to liberalize green energy trading in
March 25, 2024
UK regulator can fine up to 10% of global turnover for greenwashing
In the UK, 40% of large businesses face hefty fines for greenwashing in 2024, as stringent consumer protection regulations implemented by the Competitions and Markets Authority and the EU take effect.
March 25, 2024
Security Bank, Helios collaborate for solar energy in Filipino households
Security Bank has partnered with climate fintech firm Helios to enhance access to clean energy for Filipino homeowners. The two firms signed a memorandum of agreement last month to alleviate financial pressure on households facing increased power costs.
March 22, 2024
Hundreds of firms drop SBTi net-zero commitments due to Scope 3 challenges
The Science Based Targets Initiative (SBTi) continues to track the implementation of net-zero commitments among businesses. In its latest update, 239 companies are marked as "Commitment Removed", including major multinational corporations such as Microsof
March 22, 2024
Indonesia to reassess geothermal potential to attract investment
Indonesia’s strategic location along the Pacific Ring of Fire endows it with approximately 40% of the global geothermal reserves. Despite having a geothermal generation capacity of around 24 GW, limited demand has hindered investment attraction. As a resu
March 22, 2024
Off-grid solar lights up lives in Indonesian remote village
Life in the village of Laindeha on the island of Sumba, Indonesia, used to grind to a halt at sunset. However, everything transformed three years ago with the introduction of electricity.
March 22, 2024
Mitsubishi, PTT to explore ammonia-fired power in Thailand
Thai state-owned oil and gas firm PTT and Japan’s Mitsubishi Heavy Industries Asia Pacific have started a collaborative pre-feasibility study into utilizing 100% ammonia in gas turbine power generation in Thailand.
March 21, 2024
U.S. to fund $500 million in green exports to Vietnam
The U.S. has signed a $500 million deal to promote green exports to Vietnam, the source of the country's third-largest trade deficit and a quickly rising manufacturing alternative to China.
