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Industry
June 30, 2023
Vietnam eyes investment in green energy to grow carbon market
Vietnam’s is seeking investment in clean energy as part of its plan to develop a carbon market for the purpose of meeting net zero emissions by 2050.
June 30, 2023VCMI launch standard to rate company’s carbon offset claims
A standard to assess cooperate’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on June 28 by VCMI aiming to bring transparency and confidence to an unregulated market.
June 29, 2023Hanoi develops rooftop off-grid solar system to tackle electricity shortage
The long-term blackout has brought many difficulties to production and daily life, putting Hanoi's power supply under great pressure. In this case, the best solution is off-grid rooftop solar power system.
June 29, 2023TotalEnergies, Petronas and Mitsui partner on CCS hub in Malaysia
Petronas said on June 28 that it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd. to collaborate on a carbon capture and storage (CCS) project in Malaysia.
June 29, 2023AstraZeneca pledges to plant 200 mln trees globally by 2030
Britain’s biggest drugmaker AstraZeneca announced on June 28 that it would invest $400 million to plant over 200 million trees by 2030 as part of its strategy for reducing carbon emissions in accordance with the Paris Agreement.
June 28, 2023Malaysia's Sarawak Energy aims for 400MW floating solar by 2030
Sarawak Energy plans to install at least 400 MW of floating solar capacity at its dams by 2030 as the Malaysian utility expands to meet rising demand for renewable energy from neighboring countries.
June 28, 2023Japan's JX Nippon plans to store 5 mln tonnes of carbon by 2030
Japan's JX Nippon Oil & Gas Exploration Corp, a unit of ENEOS Holdings, aims to store 5 million metric tons of carbon by 2030.
June 27, 2023Quang Binh Province aims to be Vietnam’s biggest green energy center
The Quang Binh Provincial People's Committee of Vietnam stated in the 2021-2030 (2050 Vision) Quang Binh Provincial Plan, the province plans to develop large-scale green energy power generation and become Vietnam’s largest green energy center.
June 27, 2023World’s largest hydro-solar power station put into operation in China
The first phase of the world’s largest hydro-solar power station at the highest altitude, the Kela PV power plant, has been put into operation in China on June 25.
June 27, 2023Bumi Armada teams with Navigator to form carbon capture company
Navigator Holdings Ltd. and Bumi Armada Berhad have signed a deal to form a 50-50 joint venture－Bluestreak CO2 Joint Venture－to provide transport services for carbon emissions capture and storage in the United Kingdom.