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August 21, 2024

Japan, Southeast Asia sign 70 new deals to drive regional decarbonization

The Asia Zero Emission Community (AZEC), led by Japan, held a ministerial meeting in Indonesia on August 20 and 21. During the meeting, 70 cooperation memorandums were signed to actively promote energy transformation in Southeast Asia.
August 21, 2024

Volvo aims for 30% carbon reduction in Taiwan by 2024

Swedish luxury carmaker Volvo is set to cut carbon emissions by 30% in Taiwan by 2024, collaborating with 21 dealerships to implement energy-saving measures and install solar panels. The company also plans to expand its energy management systems and energ
August 20, 2024

Malaysia aims to attract RM 300 bln of green investment by 2030

To advance its green economy, the Malaysian government has set ambitious goals, vowing to significantly increase green investment, with a target of reaching 300 billion ringgit (about 72 billion USD) by 2030.
August 19, 2024

Singapore, Philippines unite to retire coal plants early with 'transition credits'

On the 16th, Philippine energy giant ACEN, Singapore’s green investment company GenZero, and multinational company Keppel signed a memorandum of understanding to develop clean energy solutions aimed at helping coal-fired power plants retire early and obta
August 19, 2024

Electric ships could be a breakthrough for China

As the world’s biggest shipper and commodity trader, China could establish a mature business model for constructing electric ships. It could also build out better recharging infrastructure, bringing further climate, environmental and economic benefits.
August 16, 2024

Vietnamese agri-trade firm lands $25 million to boost sustainable coffee supply chain

On August 15th, Phuc Sinh Corp., a Vietnamese agricultural product trading company, announced that it has received a green investment of up to $25 million from the Dutch & Green Fund. This marks the first time a Vietnamese company has achieved such a mile
August 16, 2024

Orsted open to using Chinese wind turbines

China’s low-cost wind turbines are flooding into Europe, raising concerns among local companies. Ørsted, the world's largest offshore wind developer, has also indicated that it may consider importing turbines or technology from China
August 15, 2024

What makes energy renewable? Definitions, trends, and challenges

Traditional fossil fuels emit significant amounts of carbon dioxide, contributing to global warming and making the shift to renewable energy such as solar and wind to reduce carbon footprints. This article will explore what renewable energy is, how it dif
August 15, 2024

Taiwan’s carbon fee proposal: Six key aspects to watch

Taiwan's carbon fee will operate on a “leading by example” approach and may shift to cap and trade in two to three years. Here’s a breakdown of the six main aspects of the current carbon fee scheme.
August 14, 2024

Experts propose regulatory approaches to accelerate banks to phaseout coal

Recent surveys show that Singapore banks have failed to honor their commitments to stop financing coal-fired power plants. Specifically, DBS Bank, UOB, and OCBC Bank were found to have provided up to $2 billion to the coal industry.
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