News
Energy, Transport & Building
September 18, 2024
Air taxis have high costs and emissions, not useful for energy transition – researchers
Air taxis and other electric vertical take-off and landing vehicles (eVTOLs) are not useful mass transport technologies for the energy transition, according to a report by the Leibniz Centre for European Economic Research (ZEW).
September 16, 2024Subic Freeport aims to achieve carbon neutrality with new green initiatives
The Philippines' Subic Bay Freeport Zone has vowed to become the first carbon-neutral economic zone, launching a series of net-zero initiatives. These plans include creating a net-zero roadmap for buildings, applying carbon capture technology, and more.
September 16, 2024China’s carbon market is moving from burden to boon
China’s mandatory national carbon market launched in 2021. So far, only companies with large coal-fired power generation have needed to comply. But other sectors, such as steelmaking, are set to join soon.
September 13, 2024Singapore to mandate 10% energy cut for large buildings starting 2025
To reduce the carbon emissions of buildings, the Singapore government has implemented mandatory measures. Starting from the third quarter of next year, high-energy-consuming large buildings in Singapore must adopt energy-saving measures.
September 12, 2024CS Wind to build world’s largest wind power factory in Vietnam
South Korean wind power equipment giant CS Wind is expanding its investment in Vietnam, capitalizing on the geographic advantages of Long An Province in the Mekong Delta.
September 12, 2024Just 15 countries account for 98% of new coal-power development, GEM finds
Nearly all of the coal-power capacity under development (98%) is now concentrated in just 15 countries, with China and India alone accounting for 86%, according to Global Energy Monitor's latest Global Coal Plant Tracker (GCPT) results.
September 11, 2024Climate talk falls short in Trump-Harris debate
During the first presidential debate of the 2024 U.S. election, Republican candidate and former President Donald Trump faced off against Democratic candidate and current Vice President Kamala Harris.
September 11, 2024Taiwan faces energy storage project cancellation surge amid oversupplies
Taiwan has recently witnessed a wave of cancellations in energy storage projects. Notable companies like Tung Ho Steel, North Star Petroleum, and Chia Hsin Cement have halted their storage plans within just over a month. What is driving this trend in Taiw
September 11, 2024Google’s four tools to help ASEAN countries address climate change
Technology plays a crucial role in combating climate change, especially with the assistance of artificial intelligence (AI). Digital transformation, supported by AI, is considered key to the sustainable development of ASEAN countries.
September 10, 2024Actis invests $602 million for 40% stake in world's largest solar project
To build the world’s largest solar power project, Terra Solar, the Philippines' largest distribution company, Manila Electric Company (Meralco), established a strategic partnership with Actis of the UK on Sept. 6.