News
Green Policy
January 04, 2024
Top 10 events of Vietnam's energy industry in 2023
The Scientific Council of Vietnam Energy Magazine announced the Top 10 events of Vietnam’s energy industry in 2023 on January 1, 2024. This list was selected based on independent research, evaluation, and referencing government-related departments, instit
January 04, 2024Laos, Thailand signs PPA for Xekong hydroelectric project
Laos’s Xekong 4 Power (XK4) and the Electricity Generating Authority of Thailand (EGAT) have inked a Power Purchase Agreement (PPA) for the Xekong 4A and 4B Hydroelectric Power Project.
January 04, 2024Indonesia’s biomass utilization in coal-fired plants rose by 71% in 2023
Indonesia’s state-owned electricity company PLN said to successfully reduced 1.05 million tons of carbon emissions and produce 1.04 TWh of clean energy in 2023 by optimizing biomass with co-firing technology at coal-fired power plants.
January 02, 2024Local content rules hampering 9 renewable energy projects in Indonesia
Nine new renewable energy projects totaling Rp 51 trillion have faced financing dry up as international lender’s unwillingness to meet government local content requirements (LCR), state-owned electricity firm PLN said on 26.
December 28, 2023OCBC to create decarbonization fund to aid Southeast Asia’s energy shift
Singaporean financial service group Oversea-Chinese Banking Corp. (OCBC) has partnered with Japan’s investment firm Mercuria Holdings to create a fund of up to $500 million to finance decarbonization-related businesses in Southeast Asia.
December 27, 2023Blue Bird invests Rp250 billion in IKN for greener transport
Indonesian President Joko Widodo launched the eco-friendly public transportation project on Dec. 21 in the new capital of Nusantara (IKN), East Kalimantan, in collaboration with Blue Bird, the largest taxi service company in the country.
December 27, 2023KLCC embraces food waste management for long-term sustainability
Malaysia’s Kuala Lumpur Convention Centre (KLCC) converted 23,950 kg of food waste into compost from January to December this year, utilizing its composting facility established in 2022.
December 26, 2023Electric bus route in Ho Chi Ming City faces service halt as losses deepen
Residents in Ho Chi Ming City were disappointed to hear that the D4 electric bus route from Vinhomes Grand Park to Sai Gon Bus Station might come to a stop. The bus service attracts a huge number of passengers as it is convenient and clean.
December 25, 2023Indonesia’s renewables investment hits multiyear low amid transition push
Indonesia is about to see the lowest investment realization in renewable energy projects in six years, despite the country’s aim to decarbonize its electricity sector, which experts suggest it is partly because of a lack of discussion to tackle barriers.
December 22, 2023Japan's Eneos, Sumitomo to produce green hydrogen in Malaysia
Japanese oil company Eneos and trading group Sumitomo Corp. have announced plans to produce green hydrogen in Malaysia and export much of it to Japan. This initiative aims to further diversify the fuel supply for decarbonization.