News
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.
March 21, 2024
Top 10 greenwashing fine rankings with car, retail giants on the list
With greenwashing penalties expected to rise in frequency and severity in increasing in certain jurisdictions, a German startup focused on plastic reduction, CleanHub, has compiled a ranking of the largest greenwashing fines given out to date.
March 20, 2024
Net zero city, smart city expos demonstrate Taiwan's green transformation strengths
The 2024 Smart City Expo and 2050 Net Zero City Expo kicked off in Taipei on March 19, showcasing smart city technologies in transportation, healthcare, construction, manufacturing, security, and net-zero emissions applications.
March 20, 2024
CCS market size projected to grow by 104.5 million tons by 2027
Carbon Capture and Storage market is forecasted to increase by 104.5 million tons from 2023 to 2027. Additionally, the market is expected to grow at a CAGR of 22.91% during the forecast period.
March 20, 2024
Samaiden signs 20-year solar energy PPA with Maxell Tohshin
Samaiden Group has entered into a 20-year power purchase agreement with Maxell Tohshin, a subsidiary of Japan’s Maxell, to execute the design and installation of a solar PV system, with a capacity of 1,028.28 kWp at Maxell Tohshin's premises.
March 19, 2024
South Korea industry giants accused of greenwashing over double counting
Two major South Korean corporate giants have been accused of greenwashing over improperly claiming greenhouse gas emissions reduction. The companies were reported to Korea Fair Trade Commission and Korea Environmental Industry and Technology Institute. Th
