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December 18, 2023
Philippines relaxes rules to drive lending for green projects
The Bangko Sentral ng Pilipinas (BSP) officially approved 2 temporary measures to promote sustainable development and carbon reduction investment initiatives.
December 18, 2023Indonesia energy policy among 3 president candidates
Indonesia is set to hold its Presidential Election in February 2024. The first debate took place on December 12. Reccessary has compiled statements from each candidate tried to piece together possible directions of renewable energy.
December 15, 2023Taiwan greenlights sales of self-generated PV power to electricity retailers
The Ministry of Economic Affairs announced on Dec. 14 that self-generated green energy (Type 2 and 3 solar plants) can now be sold to renewable energy retailers, which can then resell it to corporate users. The policy change is estimated to contribute an
December 15, 2023Indonesia renewables couldn’t meet goals by 2025: officials
The Indonesian Ministry of Energy and Mineral Resources (ESDM) has confirmed that Indonesia can’t achieve its ambitious target to achieve 23% of renewable energy mix by 2025. Experts believe that the main reasons behind this are some financial constraints
December 15, 2023Unilever investigated in UK over greenwashing
Unilever is facing an investigation by the UK regulatory authority, for alleged "greenwashing." The company is accused of exaggerating its “environment-friendly” products through tactics such as the use of green leaf patterns and vague language.
December 14, 2023Malaysia’s renewable ambition needs grid improvements
Malaysia is striving for energy transition and underwent a cabinet reshuffle on Tuesday. The previous Ministry of Natural Resources, Environment and Climate Change has been split into two departments, seen as an effort to enhance administrative efficiency
December 14, 2023EVN will pay nothing for excess rooftop solar power
MOIT recently released the draft reiterated that self-use solar power cannot be sold externally. It mentioned that EVN would purchase excess power generated by organizations or individuals already connected to the grid at zero cost to control self-generat
December 13, 2023Asia under pressure for COP28 vow to triple renewables
Nearly 120 nations have pledged to triple their installed renewable energy capacity by the end of 2030 at COP28. This commitment is expected to accelerate the global energy transition, posing a new challenge in economies across Asia.
December 13, 2023Thailand may import more green energy from Laos
Thailand revealed the potential for increased import of hydroelectric power from Laos to reduce reliance on natural gas. However, experts are concerned that this could lead Laos to construct new dams on the Mekong River. Furthermore, the electricity costs
December 12, 2023More companies set internal prices to manage carbon risk
COP28 has officially concluded. While the global carbon price is not set to be standardized, the concept of "carbon pricing" has begun to ferment. Governments and large corporations alike have established carbon pricing mechanisms.