News
Energy, Transport & Building
June 16, 2023
Saudi company sells 2.2 mln tonnes of carbon credits in auction
More than 2.2 million tonnes of carbon credits were sold on June 14 at an auction organized by the Regional Voluntary Carbon Market Co. in the Kenyan capital Nairobi, the Saudi firm said.
June 16, 2023Southeast Asia solar markets set to rebound in 2023
Solar in Southeast Asia is set for a rebound, after a two-year market contraction triggered by Vietnam’s abrupt suspension of its feed-in-tariff policy in 2020, the Asian Photovoltaic Industry Association (APVIA) and the Global Solar Council (GSC) indicat
June 16, 2023Indonesia could achieve net-zero emissions five years ahead of target
Indonesia could reach net-zero emissions by 2055, five years ahead of the government’s goal of 2060, if it receives financial and technology support, Indonesia’s Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan said on Tuesday.
June 15, 2023Japan's JOGMEC selects 7 CCS projects to support commercialization
Japan Organization for Metals and Energy Security (JOGMEC) said on June 13 that it has chosen seven candidate projects which capture CO2 and store it underground to offer support for commercialization to build up Japan's decarbonization push.
June 14, 2023EU develops strategy to expand investment in capturing CO2
The European Commission is working on plans to speed up investment in capturing and storing CO2 emissions, it said on June 9, as the bloc prepares to cut its net greenhouse gas emissions to zero by 2050.
June 13, 2023Chinese energy storage, battery firms mull big investments in Vietnam
Two Chinese manufacturers of energy storage systems and batteries are considering investments worth hundreds of millions of dollars in Vietnam, according to industry and government sources.
June 13, 2023China's installed non-fossil fuel electricity capacity surpass 50% of total
China's non-fossil fuel power sources now exceed 50% of its total installed electricity capacity, state media Xinhua said on June 12, citing an official at the National Reform and Development Commission.
June 12, 2023IETA opens Asia hub in Singapore to support carbon market
The International Emissions Trading Association (IETA) has launched its Asia hub in Singapore on Jun 8.
June 07, 2023From sea to land, China aims to trap 2mln tonnes of carbon
China has taken a major step forward in delivering carbon neutrality after launching projects to capture carbon. The projects located on land and at sea will help the country reduce the release of nearly two million tonnes of carbon dioxide into the atmos
June 07, 2023IEA: Global solar additions to hit 310 GW in 2024
The International Energy Agency (IEA) has released a new recent market report update regarding the outlook for renewable energy in 2023 and 2024.