News
Green Policy
May 22, 2024
Vietnam urges Apple suppliers to cut power use amid record electricity usage
After Vietnam's nationwide electricity usage hit a record high in late April, the local government is concerned about a potential recurrence of power shortages. Authorities have requested businesses and enterprises to implement power-saving measures, incl
May 22, 2024Japan’s Mizuho to fund coal plant to early shutdown in Southeast Asia
Mizuho Financial Group in Japan has announced a relaxation of investment restrictions on coal-fired power plants. Starting in July, the group will provide financing to assist the early decommissioning of power plants in Southeast Asian countries, becoming
May 22, 2024Singapore’s REDEX to be an exclusive partner to Malaysia’s TNBX to assist mGATS platform
REDEX has been chosen as the exclusive partner to Malaysia’s TNB’s wholly-owned subsidiary TNBX. The partnership aims to develop the mGATS into the leading digital trading platform for Malaysia Renewable Energy Certificates.
May 21, 2024Small modular reactors gain traction in Southeast Asia to cut emissions
Small modular reactors (SMRs), which are smaller and produce less nuclear waste, are gaining traction, particularly in Thailand and the Philippines.
May 21, 2024Singapore's draft power rules indicate increased state control in energy transition
Singapore's Energy Market Authority announced its intention to regulate access sharing for critical infrastructure and review plans when owners of significant power assets intend to repurpose their properties.
May 20, 2024Sarawak's energy transition: Green power trading, renewables development, and green policies
Prime Minister Abang Johari of Sarawak State of Malaysia led representatives of Sarawak Energy Berhad and other energy companies to attend the Future Energy Asia 2024 in Bangkok, Thailand on May 17 to showcase their energy transition strategies.
May 20, 2024Thailand's data center boom: energy and real estate sectors join the race
The data center boom driven by the technology industry has attracted other sectors to join the fray. Among them, Thailand's energy company B.Grimm Power plans to leverage its renewable energy advantages to seek partners, while Thai real estate developer C
May 17, 2024Microsoft asks 100% renewable energy for suppliers by 2030 amid data center expansion
Tech giant Microsoft is demanding that its primary suppliers use 100% renewable energy by 2030. This move underscores the pressure stemming from the company's significant expansion of data centers, which has led to a surge in carbon emissions.
May 17, 2024Malaysia to introduce CCUS regulatory framework, eyes global leadership
Malaysia's Economy Minister Rafizi Ramli has announced that the government will present a progressive regulatory framework bill for Carbon Capture, Utilization, and Storage. The bill is expected to be submitted to the Cabinet in November.
May 16, 2024Three reasons why Taiwanese businesses favor nuclear power
As the RE100 target and carbon tariffs are established internationally, demand for green electricity is escalating. However, voices in Taiwan's business community supporting nuclear power are growing stronger, prompting the new government to re-examine it