News

Indonesia possesses rich geothermal resources, with a goal of increasing geothermal power generation capacity to 10.5 GW by 2035. However, development has been slow, and to meet this target, an annual increase of 700 MW to 800 MW will be necessary.

Singapore announced that the second phase of the project will expand, with plans to import an additional 100 MW of electricity from Malaysia. However, unexpectedly, this electricity may not necessarily be renewable.

Constellation Energy recently announced a power purchase agreement with Microsoft to prepare for the restart of the Three Mile Island nuclear plant. However, the plan has not yet received approval from federal, state, and local governments.

Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.

The Federal Reserve slashed interest rates by 50 basis points and suggested further reductions to come. The news immediately reverberated in the U.S. stock market, significantly boosting solar energy stocks.

Air taxis and other electric vertical take-off and landing vehicles (eVTOLs) are not useful mass transport technologies for the energy transition, according to a report by the Leibniz Centre for European Economic Research (ZEW).

The carbon reduction progress for the new Apple Watch and iPhone models is quite limited, highlighting that corporate decarbonization cannot make significant strides in a short period, even for the world's most valuable brands.

The transition to green shipping is a long road, especially given the limited availability and high cost of sustainable fuels. As a leading player in the industry, Maersk has suggested that regulatory improvements could be key.

ACEN energy company announced a new partnership with Indonesia's Barito Renewables, aiming to expand wind power projects in Indonesia.

Despite a slowdown in global electric vehicle (EV) market growth, BloombergNEF’s latest report remains optimistic about Southeast Asia becoming a global hub. The report forecasts that by 2040, the region will account for 56% of global EV sales.