News
April 18, 2024
Transition credits need to be at least US$30 to hasten coal phase-out: CIX chief
Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at 30 USD per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 18, 2024
Concerns arise as Indonesia JETP progresses slowly in coal transition
After nearly 18 months, Indonesia's efforts to expedite its shift towards clean energy are stalling, with minimal progress made in phasing out coal plants.
April 18, 2024
Viettel inaugurates largest green data center in Vietnam
Vietnamese telecommunications firm Viettel has announced the opening of a data center in Hoa Lac Tech Park, Hanoi. The company said the Hoa Lac Data Center has over 2,400 racks across 21,000 square meters of floor space, with a total capacity of 30 MW.
April 18, 2024
Thailand gears up for Climate Change Act amidst optimism and skepticism
Thailand is preparing to introduce the Climate Change Act. Assistant Minister of the Ministry of Natural Resources and Environment, Rachata Phisitbanakorn, mentioned in a seminar this month that the law may come into effect this year.
April 17, 2024
Singapore pursues low-carbon methanol development to lead maritime fuel innovation
Singapore, as the world's largest maritime fuel supply center, is actively developing alternative fuels in response to the global net-zero trend. According to State for Sustainability and the Environment, Singapore is confident in supplying 1 million tons
April 17, 2024
Vietnam’s major manufacturing city aims to establish first green economic zone
Vietnam’s Haiphong city government focused on sustainable economy with its proposal of “Southern Coastal Economic Zone” (EZ) and aims to become Vietnam's first green economic zone.
April 17, 2024
SBTi releases an official clarification to its Scope 3 statement
Considering the recent controversies surrounding the Science Based Targets initiative (SBTi) changing its stance on offsetting Scope 3 emissions, the Board of Trustees has issued an additional clarification to its initial statement.
April 17, 2024
Solar Philippines’ joint venture partner secures loan for Indonesia's largest solar farm
Energy firm Solar Philippines announced that its Jakarta-based partner has secured a loan to finance the largest ground-mounted solar project in Indonesia.
April 16, 2024
Green investment resumes growth in Southeast Asia, but falls short of emission reduction targets
Green transformation investment in Southeast Asia has resumed growth, increasing significantly by 20% in 2023. However, it remains far from sufficient to achieve emissions reduction goals.
April 16, 2024
Malaysia establishes Energy Exchange Malaysia for cross-border trading of green power
The Malaysian government has agreed to set up the Energy Exchange Malaysia (Enegem) to facilitate cross-border trading of green electricity to neighboring countries.