News
Green Policy
November 09, 2023
Thailand scales down subsidies for EVs as sales boom
Electric vehicle sales in Thailand have seen significant growth this year. Thai government approved a drawn down subsidy package last Wednesday. Starting from next year and ending in 2027.
November 07, 2023Taipower reveals auction winners for small amount renewable energy
Taiwan’s state-owned utility Taipower published on Nov. 7 the first batch of auction results for small amounts of green energy following the introduction of the bidding platform in late October, with 47 enterprises securing contracts.
November 07, 2023Sembcorp to invest 10.5 billion in renewables over next 5 years
Sinpapore’s Sembcorp Industries reveals its latest 5-year strategic plan on Monday. It will invest 10.5 billion SGD（7.8 billion USD）, about 75% of total investment, to support renewable energy.
November 07, 2023Malaysia aims to draw foreign investments in EV, carbon capture
Malaysia is seeking foreign investors in high-value industries such as electric vehicles (EVs), semiconductors and carbon capture, according to its trade and investment minister.
November 06, 2023Apple, Nike launch program training suppliers to buy clean energy
Apple, Nike and PepsiCo along with other global firms have launched the Clean Energy Procurement Academy to train supply chain partners in the Asia Pacific, where renewable power is tougher to source.
November 03, 2023Indonesia outlines emission roadmaps for $20 billion energy transition plan
Indonesia slashes its 2030 target for carbon emissions from the power sector and boost its renewable energy generation share in a draft roadmap released on Nov. 1 for $20 billion in financing from rich nations to wean off coal.
October 31, 2023G7 offers Vietnam 300 million in grants to cut coal
Group of Seven (G7) members finalized the $15.5 billion pledge to help Vietnam reach net-zero emissions by 2050, among which offer more than 300 million, accounting for 2% of a total package which made up mostly of costly loans that Hanoi has been relucta
October 30, 2023Bilateral power trading could be cornerstone for ASEAN power grid
As Southeast Asian countries gear up for the energy transition in a bid to meet their countries’ net-zero emission targets, a regional power grid connecting various member states of ASEAN may no longer just be a pipe dream.
October 26, 2023Indonesia’s vast geothermal power potential attracts Iceland’s attention
Indonesia’s abundant geothermal resources have attracted Iceland’s attention, as the geothermal power pioneer seeks to partner with the Southeast Asian nation to harness its huge untapped geothermal potential.
October 26, 2023ASEAN distributed renewable energy expect to boom
ASEAN nations face the challenges of transitioning from fossil-fuel dependency to sustainable energy. An expert believes the rapid rise of distributed renewable energy (DRE) systems should offer promising solution.