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RE Energy
April 18, 2024
Transition credits need to be at least $30 to hasten coal phase-out: CIX chief
Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at $30 per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 18, 2024Concerns arise as Indonesia JETP progresses slowly in coal transition
After nearly 18 months, Indonesia's efforts to expedite its shift towards clean energy are stalling, with minimal progress made in phasing out coal plants.
April 17, 2024Solar Philippines’ joint venture partner secures loan for Indonesia's largest solar farm
Energy firm Solar Philippines announced that its Jakarta-based partner has secured a loan to finance the largest ground-mounted solar project in Indonesia.
April 16, 2024Frasers Property works with SP Group to install solar panels across seven properties
Frasers Property is collaborating with SP Group to install nearly 4,500 square meters of solar panels across seven of its retail and commercial properties in Singapore. This is the largest single solarization rollout for retail malls in the country.
April 16, 2024Vietnam plans to boost rooftop solar with surplus power wholesale mechanism
The Vietnamese Ministry of Industry and Trade held a meeting to discuss “The draft of rooftop solar power stimulus package” on Apr. 10. Minister Nguyen Hong Dien revealed that surplus electricity can be sold to power companies for financial gain.
April 15, 2024Japan becomes the first international partner in U.S. Floating Offshore Wind Shot initiative
Japan has committed to collaborate with the United States as the first international partner in reducing costs and promoting the development of floating offshore wind projects primarily through the US Wind Shot initiative.
April 15, 2024Istanbul Airport will become first airport powered by solar energy
Istanbul Airport, among the busiest transportation hubs globally, is set to become the world's first airport to meet its entire electricity demand through solar energy. This will be achieved via a solar plant to be constructed in Eskisehir, central Turkey
April 12, 2024Green Indonesia Project exceeds expectations, attracting European bidders
Indonesia accelerates the implementation of Green Indonesia Project (Hijaunesia). Indonesia Power noted that the development of their solar power plants has progressed faster than before, with European firms participating in the bidding process.
April 12, 2024Indonesia’s first marine floating solar power plant prototype set afloat
The first marine floating solar power plant prototype in Indonesia, Solar2Wave, has been launched with the aim of meeting the electricity needs of the community and reducing reliance on fuel-based power plants.
April 11, 2024Vietnam’s DPPA becomes clearer as draft expected to be reviewed in May
The Direct Power Purchase Agreements (DPPA) mechanism has been proposed by the Vietnamese Ministry of Industry and Trade (MOIT) for over seven years. Finally, with recent urging from the Vietnamese Prime Minister, there has been significant progress.