News
Energy, Transport & Building
March 07, 2025
U.S. exit from JETP threatens $3 billion green financing for Indonesia, Vietnam
U.S. Treasury officials have confirmed that the United States has withdrawn from the Just Energy Transition Partnership (JETP), refusing to provide the financing needed by developing countries for climate transformation.
March 06, 2025Vietnam grants up to 12 years of fee exemptions for green energy projects
The Vietnamese government has introduced a new electricity decree, prioritizing the promotion of power generation projects using renewable energy sources such as solar and wind power, as well as energy storage systems.
March 05, 2025Malaysia introduces CCUS Bill amid regional disagreements
Malaysian government officially unveiled the Carbon Capture, Utilization, and Storage (CCUS) Bill 2025 on March 4, establishing a legal framework for the development of the industry.
March 04, 2025EU to offer extended compliance period for car manufacturers
European Commission President Ursula von der Leyen announced that this month, the Commission will propose amendments to the carbon emission reduction rules for European car manufacturers.
March 04, 2025VinFast partners with Motech to boost EV service network in Philippines
Vietnamese electric vehicle giant VinFast is optimistic about the growth potential in the Philippine market. In late February, it signed a Memorandum of Understanding (MOU) with Motech, an automotive service center.
March 04, 2025Thailand’s ethanol revolution: Can biofuels deliver on climate goals?
Advances in biofuels could cement Thailand’s role as a regional leader in renewable energy, writes biofuels expert Hong Wai Onn.
March 03, 2025Vietnam, Singapore step up regional cooperation for ASEAN’s energy transition
Southeast Asian leaders are calling for stronger regional collaboration to accelerate the energy transition, with Vietnam urging action at the ASEAN Future Forum in February and Singapore highlighting cross-border grid integration as key to decarbonizatio
February 26, 2025Petronas cuts jobs, bets on low-carbon transition as profits decline
Petronas released its latest financial report, showing a 34% drop in annual profit. The company attributed this decline to falling international oil prices again and committed to continued investments in renewable energy and low-carbon initiatives.
February 26, 2025Malaysia's B20 biodiesel expansion stalled by infrastructure, investment gaps
Malaysia's biodiesel development has encountered significant challenges, with officials pointing to the need for infrastructure upgrades to increase the palm oil blending ratio in biodiesel.
February 25, 2025How China’s renewable pricing reforms will affect its climate goals
China’s solar and windfarms would no longer be guaranteed sales at a fixed price linked to coal benchmarks, under a new policy released by the central government.