News
April 16, 2024
Vietnam plans to boost rooftop solar with surplus power wholesale mechanism
The Vietnamese Ministry of Industry and Trade held a meeting to discuss “The draft of rooftop solar power stimulus package” on Apr. 10. Minister Nguyen Hong Dien revealed that surplus electricity can be sold to power companies for financial gain.
April 15, 2024
Japan becomes the first international partner in US Floating Offshore Wind Shot initiative
Japan has committed to collaborate with the United States as the first international partner in reducing costs and promoting the development of floating offshore wind projects primarily through the US Wind Shot initiative.
April 15, 2024
Malaysia launches new pricing for green electricity with cheaper tariffs
The Ministry of Energy Transition and Water Transformation of Malaysia (PETRA) has launched a new tiered pricing mechanism with lower rates for the Green Electricity Tariff (GET) program set to a quota of 6,600 GWh this year.
April 15, 2024
Istanbul Airport will become first airport powered by solar energy
Istanbul Airport, among the busiest transportation hubs globally, is set to become the world's first airport to meet its entire electricity demand through solar energy. This will be achieved via a solar plant to be constructed in Eskisehir, central Turkey
April 12, 2024
Vietnam’s green energy company to apply blockchain for carbon credits
Vietnam’s Tin Thanh Group has collaborated with Centre for Quality Certification to conduct carbon inventory and convert an annual reduction of 1 billion tons of carbon dioxide into NFTs.
April 12, 2024
Green Indonesia Project exceeds expectations, attracting European bidders
Indonesia accelerates the implementation of Green Indonesia Project (Hijaunesia). Indonesia Power noted that the development of their solar power plants has progressed faster than before, with European firms participating in the bidding process.
April 12, 2024
SBTi rules relaxed set to boost the carbon credits market
The Science Based Targets initiative announced that it will allow the use of carbon credits to reduce emissions from Scope 3. Draft guidelines for the new policy, which will inform a revised Corporate Net Zero Standard, are set to be published July.
April 12, 2024
Indonesia’s first marine floating solar power plant prototype set afloat
The first marine floating solar power plant prototype in Indonesia, Solar2Wave, has been launched with the aim of meeting the electricity needs of the community and reducing reliance on fuel-based power plants.
April 11, 2024
Greenwashing fear is hindering Asia corporates’ sustainability agenda, study finds
According to global consulting firm Kearney, over 70% of executives in the Asia-Pacific region expressed reluctance to publicly disclose carbon reduction plans due to greenwashing anxieties.
April 11, 2024
Vietnam’s DPPA becomes clearer as draft expected to be reviewed in May
The Direct Power Purchase Agreements (DPPA) mechanism has been proposed by the Vietnamese Ministry of Industry and Trade (MOIT) for over seven years. Finally, with recent urging from the Vietnamese Prime Minister, there has been significant progress.
