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Green Policy
July 22, 2024
Truth behind Amazon's 100% renewable energy claim
Amazon has released the 2023 Sustainability Report, highlighting a significant milestone of achieving 100% renewable energy use, seven years ahead of its 2030 target. However, this achievement has been met with skepticism from within the company.
July 18, 2024ASEAN Power Grid encounters setback as Singapore-Laos agreement hits snag
Japan had just announced its support for Indonesia in expanding cross-island transmission infrastructure, which could accelerate the integration of the ASEAN regional grid. However, it has been reported that the progress of the cross-border green energy p
July 17, 2024What does J.D. Vance’s VP nomination mean for climate policy and renewable energy?
The collaboration between Donald Trump and J.D. Vance is seen as a stronger reinforcement of support for fossil fuels and a downplaying of climate change impacts, which could hinder the development of renewable energy and electric vehicles.
July 17, 2024Vietnam's DPPA faces challenges despite positive green energy, data center outlook
Vietnam has approved DPPA, opening up a new era of green energy liberalization and new investment opportunities. However, the implementation of the DPPA still has several challenges to address, divided into regulatory, cost, and technical issues.
July 16, 2024Carbon capture startup raises $37 million to turn CO2 into rock
Carbon capture technology is advancing rapidly and continues to attract significant investment from venture capital firms. Oman-based startup 44.01, which is developing a method to inject carbon dioxide into rocks, announced on the 15th that it has comple
July 16, 2024Thailand to open DPPA to attract data center investment
To attract foreign investment, particularly from data centers, the Thai government intends to open up Direct Power Purchase Agreements (DPPA), allowing businesses to directly purchase green electricity from power generators.
July 12, 2024Nuclear power debates shall not delay renewable energy investment: RE100
RE100 and 24/7 Carbon-free Energy (CFE) are complementary, and investments in renewable energy should not be delayed by debates over renewable and nuclear energy, said Sam Kimmins, director of energy at The Climate Group and chairman of RE100, in a media
July 12, 2024Indonesia to include power wheeling mechanism in renewable energy bill
Indonesian officials revealed they are currently drafting details to include a power wheeling mechanism in the renewable energy bill, allowing electricity sellers to utilize PLN's grid to sell green electricity directly to consumers.
July 09, 2024Johor Plantation Group to raise $156 million in IPO to fund green initiatives
Johor Plantation Group (JPG), a Malaysian palm oil manufacturer, officially listed on Bursa Malaysia on July 9. The IPO is expected to raise MYR 735 million (about USD 156 million), which will be used for green production and reforestation.
July 09, 2024AI in green transition market to reach $115 billion by 2032
Data centers consume huge amounts of electricity for computing, making it challenging to achieve carbon reduction goals. However, there are also many successful cases of AI-enabled carbon reduction and energy transition.