News

The Thai Eastern Group Holdings converts discarded palm empty fruit bunches and palm oil residues into biogas, resulting in a 48% reduction in production costs for the company.

Vietnamese Ministry of Industry and Trade (MOIT) has proposed a draft of retail electricity pricing with 3 different approaches for calculating electricity tariffs for electric vehicle (EV) charging stations.

The IMF is keen to see the price of carbon increase to give the "biggest possible incentive for decarbonization.” “That price needs to go up, up, up if we are to speed up decarbonization", said its Managing Director Kristalina Georgieva at COP28.

Geothermal power generation development is gaining steam in Indonesia and the Philippines, both have some of the world's largest reserves, as companies raise funds to capitalize on the shift towards renewable energy.

Indonesia has officially finalized the Comprehensive Investment and Policy Plan (CIPP), aiming to persuade the members of the JETP to secure $20 billion in funds for green energy transformation.

Singapore continues to expand the electrification of its public bus fleet, with the Land Transport Authority (LTA) announcing a new investment of 164 million SGD for electric buses last Saturday.

Vietnam has a total of 305 green buildings with a combined certified construction area of nearly 7.5 million square meters by September 30, 2023, according to Nguyen Cong Thinh, Vice General Director of the Department of Science, Technology and Environmen

Malaysia’s parliament is expected to include the use of solar energy in its operation by June next year as part of its sustainability efforts.

Approximately 70,000 world delegates and negotiators are expected to meet in Dubai for the United Nation’s COP28 climate summit from Nov. 30 to Dec. 12.

The Climate Change Commission of the Philippines and Maharlika Carbon Technologies signed a memorandum of cooperation last Friday to jointly promote voluntary carbon credits and sovereign carbon credits.