News
Energy, Transport & Building
January 05, 2024
Thailand aims for new national plan to promote SAF
Energy officials in Thailand are drafting a new national oil plan to cover the development of sustainable aviation fuel (SAF), targeting to support the aviation industry's goal of lowering carbon dioxide emissions.
January 04, 2024RATCH Invests in Vietnam hydropower plant, targets 30% renewables by 2030
Thailand-listed company RATCH Group has acquired full ownership of the Minh Luong hydroelectric power plant for $25 million. This move is part of RATCH's ongoing efforts to increase the proportion of renewable energy generation, with the aim of reaching 3
January 04, 2024Laos, Thailand signs PPA for Xekong hydroelectric project
Laos’s Xekong 4 Power (XK4) and the Electricity Generating Authority of Thailand (EGAT) have inked a Power Purchase Agreement (PPA) for the Xekong 4A and 4B Hydroelectric Power Project.
January 03, 20245 trends that will shape green industry in 2024
IEA estimates that global renewable energy generation capacity will exceed 4,500 GW by 2024. Businesses are keen to know sustainable green energy trends. Eco-business has summarized 5 key factors of changing industries and societies.
January 02, 2024Local content rules hampering 9 renewable energy projects in Indonesia
Nine new renewable energy projects totaling Rp 51 trillion have faced financing dry up as international lender’s unwillingness to meet government local content requirements (LCR), state-owned electricity firm PLN said on 26.
December 29, 2023Thai residential solar installation hits record as electricity rates surge
Due to the persistently high electricity rates in Thailand, people are increasingly turning to solar power. This year, a total of 1,878 applications were successfully submitted for the "Residential Solar Project", marking a new record since the project's
December 27, 2023Vietnam has no buildings meet “net-zero” emission criteria yet: official
Vietnam aims to achieve net-zero by 2050 and requires the construction industry to reduce 74.3 million tons of CO2 equivalent. However, officials from MONRE stated no building in Vietnam has been designed, constructed, or managed to meet net-zero.
December 27, 2023Blue Bird invests Rp250 billion in IKN for greener transport
Indonesian President Joko Widodo launched the eco-friendly public transportation project on Dec. 21 in the new capital of Nusantara (IKN), East Kalimantan, in collaboration with Blue Bird, the largest taxi service company in the country.
December 26, 2023Electric bus route in Ho Chi Ming City faces service halt as losses deepen
Residents in Ho Chi Ming City were disappointed to hear that the D4 electric bus route from Vinhomes Grand Park to Sai Gon Bus Station might come to a stop. The bus service attracts a huge number of passengers as it is convenient and clean.
December 26, 2023Carbon credit futures fall 90% as major buyer shun the market
Due to doubts about the effectiveness of forest carbon offset, major carbon buyers such as airlines are beginning to avoid the trading market.