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July 12, 2023
Vietnam’s Power Development Plan 8 in a nutshell
Vietnam's PDP8 envisages the renewable energy industry and also highlights the substantial investment required to develop green energy, providing potential opportunities for foreign investments. Here are the highlights.
July 12, 2023Korean power giant joins 50 GW ultrascale green hydrogen plan in Australia
Plans to produce up to 3.5 million tons of green hydrogen a year from 50 GW of wind and solar in Western Australia have a major new backer, with Korean energy giant Kepco signing up to develop the “ultrascale project.”
July 12, 2023Malaysia’s national carbon policy expected to be enacted this year
Malaysia ‘s National Carbon Policy, which aims to provide guidance on carbon trading at the state level, is expected to be ready for carry out this year.
July 11, 2023Carbfix and Fluor partner for carbon capture and storage solutions
CO2 mineral storage operator Carbfix has collaborated with Fluor Corporation to develop integrated carbon capture and storage (CCS) solutions for hard-to-abate sectors.
July 11, 2023Indonesia-Singapore floating solar farm in Batam to start in 2024
Indonesia and Singapore will begin the joint development of a floating solar farm in Batam next year with a goal of generating around 2 GW of electricity that will be transported to Singapore via undersea cables.
July 10, 2023Vietnam, Luxembourg promote cooperation for green development
Vietnam's Ministry of Finance delegation visited Luxembourg from July 5 to 8 and had a meeting with the Luxembourg Stock Exchange (LuxSE), hoping that the country could assist Vietnam in building a carbon market.
July 10, 2023Samaiden signs 20-year PPA with Yakult Malaysia to supply solar power
Samaiden Group Bhd's wholly owned subsidiary, Samaiden Capital Management Sdn Bhd has inked a 20-year power purchase agreement (PPA) with global beverage company Yakult Malaysia Sdn Bhd.
July 10, 2023India forms committee to oversee its first domestic carbon market
To boost the trading of carbon credits in the country, India’s Ministry of Power has notified the Carbon Credit Market Scheme. Within just a few days ago, the government releasing a draft document for establishing a carbon credits market in India.
July 06, 2023Australia commits $50m to Indonesian SMEs for energy transition
Australia will provide $50 million in climate funding to Indonesia’s small and medium enterprises (SMEs) as well as startups for energy transition, according to Australian Prime Minister Anthony Albanese.
July 06, 2023Vietnam experiments on carbon capture and storage
Vietnam Petroleum Institute (VPI) and Smart Geophysics Solutions JSC (SGS) on June 26 jointly organized the "Test and Simulation of Carbon Capture, Utilization and Storage (CCUS)" international scientific conference.