News

Thailand’s PM announced the country’s energy transition targets and sustainability measures at the UN General Assembly. He also called for reforms in international financial systems to facilitate more inclusive development funding.

Renewable energy deals are spreading across Southeast Asia as the region works to transition away from fossil fuels, with electricity-hungry Singapore as a driving power.

The Vietnam Steel Association has announced that Vietnam’s steel industry has targeted to achieve carbon neutrality by 2050 and has started transitioning to a greener model of production.

Indonesia has asked a Chinese carmaker to help it build a homegrown electric vehicle by 2025 or 2026, according to a senior minister.

Sabah draws a 17-year plan that is meant to tackle the state’s chronic power issues while also establishing a long-term action plan for energy industry.

Singapore’s first electric cargo vessel is scheduled to begin trials and launch in the fourth quarter to support the electrification of marine craft.

Indonesia plans to launch its first carbon trade next week, aiming to provide companies a mechanism to offset their emissions, while offering funding for carbon reduction projects.

Amazon announced that it will help fund the direct air capture technology by purchasing 250,000 tons of carbon removal over the next decade.

LEGO said its new $1 billion plant in Vietnam will begin operations in the second half of 2024. This will be LEGO’s first carbon-neutral factory, powered by solar energy.

ACEN announced that its subsidiary had agreed with Indonesian company to explore potential renewable energy projects in Indonesia.