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Global2
December 19, 2024
Mitsubishi eyes Vietnam's green energy market with LNG, low-carbon technologies
Vietnam's renewable energy sector is booming, and Japanese companies operating locally are noticing the shift.
December 18, 2024Malaysia's banks accelerate carbon reduction with solar, financing projects
Malaysia's financial sector is intensifying its efforts to reduce carbon emissions. Public Bank will invest RM 14.88 million (about 3.3 million USD) to install solar panels across all its branches and buildings.
December 18, 2024Japan expands nuclear power use in new draft energy plan
In addition to reaffirming the goal of achieving 20% nuclear power by 2030 and extending it through 2040, Japan will also allow the construction of new nuclear reactors and remove the phrase "reduce dependence on nuclear power as much as possible."
December 18, 2024Proton unveils first EV with low price to compete against Tesla, BYD
As the EV trend continues to gain momentum, Malaysia's first homegrown automaker, Proton, launched its first EV, the e.MAS7, on Dec. 16.The base model is priced at under RM 110,000, making it highly competitive compared to existing players.
December 18, 2024Philippines struggles to break free from coal despite renewables pledge
The government has ambitious plans for renewable energy but coal power is still on the rise.
December 17, 2024Taiwan’s feed-in tariff system under scrutiny amid calls for reform
Taiwan’s feed-in tariff (FIT) system, a cornerstone policy for promoting renewable energy development, is facing growing debate. The Ministry of Economic Affairs recently announced its draft FIT rates for 2025, maintaining stable reductions for solar ener
December 17, 2024Indonesia to build 20 nuclear power plants with first project by ThorCon
In its push for net-zero emissions by 2050, the Indonesian government has announced plans to construct at least 20 nuclear power plants, with the first project expected to be awarded to US nuclear developer ThorCon.
December 16, 2024Record-breaking Philippines typhoon season was ‘supercharged’ by climate change
This year’s record-breaking typhoon season in the Philippines – which saw six consecutive storm systems hit the country in under a month – was “supercharged” by climate change, according to a rapid attribution study.
December 16, 2024Chinese solar manufacturers’ continued losses prompt industry action
Ending the damaging price war may require fundamental reform. How did the industry get here, and how can it recover?
December 13, 2024Southeast Asia's carbon market could reach $3 trillion by 2050, says ASEAN report
Southeast Asia's carbon market potential remains largely untapped. A recent report highlights that over the past 15 years, carbon credits provided by the ASEAN region have accounted for only 7% of the global carbon market.