News
Energy, Transport & Building
February 22, 2024
Tesla achieves record breaking sales of $1.79 billion from carbon credits
Tesla earned $1.79 billion from carbon credit sales last year, as disclosed in its Q4 2023 and annual financial report, bringing its total earnings from such credits since 2009 to nearly $9 billion.
February 20, 2024Energies PH works with UK firm to build first tidal energy plant in Southeast Asia
Philippine energy company Energies PH's subsidiary, San Bernardino Ocean Power, has officially signed a contract with the UK maritime engineering group Inyanga Marine Energy. They plan to build Southeast Asia's first tidal power plant in the waters surrou
February 19, 2024Singapore airfares set to rise from 2026 over green fuel requirements
The Singaporean government plans to require all departing flights to use sustainable aviation fuel starting in 2026. This move is widely believed to increase costs for airlines, which may be passed on to passengers.
February 19, 2024Malaysia government fuels solar panel installations via NEM Program
Malaysia’s deputy minster for Energy Transition and Water Transformation announced an encouraging surge in solar panel installations in residential areas across the country, marking a promising step towards its energy transition.
February 17, 2024Singapore, Indonesia sign LOI on cross-border carbon storage
Singapore has become the first country to sign a letter of intent (LOI) with Indonesia on cross-border collaboration on carbon capture and storage (CCS) following a new Indonesian law to allow it.
February 17, 2024Pertamina shows latest green solutions at Indonesia Motor Show
Indonesia’s Pertamina took the spotlight at the 2024 Indonesia International Motor Show, unveiling its new green energy solutions.
February 16, 2024Green-certified building grows by 30% in Vietnam
The number of green buildings in Vietnam has significantly increased. According to International Finance Corporation, by the end of 2023, Vietnam had 396 buildings that obtained green certification, with a total Gross Floor Area of 104.7 million sq ft.
February 07, 2024India’s Adani Group plans to collaborate with EVN to expand energy business
Adani Group continues to deepen its collaboration with Vietnam's power generator. Sudipta Bhattacharya, Chief Technology Officer and CEO of Adani Group, visited EVN on Jan. 31, to discuss enhancing cooperation opportunities in energy sector.
February 07, 2024UMC Metals, New Energy Capital inked solar PPA to advance sustainability in Thailand
Thailand’s UMC Metals and Singapore-based New Energy Capital Asia have signed a power purchase agreement (PPA) for a 1.6 MWp solar project in Thailand featuring floating and ground-mounted solar installations.
February 06, 2024Amazon joins Google in procuring offshore wind energy in Scotland
U.S. tech giant Amazon confirm PPA with ENGIE, procuring over half of the power available from Scotland’s Moray West offshore wind farm, securing its title as the world’s largest green energy buyer for the fourth consecutive year as of Jan. 30, 2024.