News
RE Energy
September 25, 2023
Tokyo Stock Exchange to launch carbon credit trading on October 11
Tokyo Stock Exchange will begin trading carbon credits on October 11, launching Japan's first exchange-based carbon market as the world's fifth-largest emitter moves to address climate change.
September 25, 2023Oil giants bullish on carbon capture projects in Indonesia
ExxonMobil and BP executives expressed optimism about the oil firm’s carbon capture projects in Indonesia, suggesting they provided a solution to the global need to balance emissions reduction and energy security.
September 23, 2023Pertamina, OIKN join forces to build sustainable energy center to drive green transition
Indonesia’s state-owned oil giant Pertamina and The Nusantara Capital City Authority signed a MoU on the development of the Pertamina Sustainable Energy Center in East Kalimantan Province.
September 21, 2023Vietnam's steel industry targets carbon neutrality by 2050
The Vietnam Steel Association has announced that Vietnam’s steel industry has targeted to achieve carbon neutrality by 2050 and has started transitioning to a greener model of production.
September 21, 2023Indonesia targets to build homegrown EV by 2025
Indonesia has asked a Chinese carmaker to help it build a homegrown electric vehicle by 2025 or 2026, according to a senior minister.
September 20, 2023Singapore’s first electric cargo vessel to sail in Q4, targeting net zero in marine industry
Singapore’s first electric cargo vessel is scheduled to begin trials and launch in the fourth quarter to support the electrification of marine craft.
September 19, 2023Amazon makes first investment in DAC technology
Amazon announced that it will help fund the direct air capture technology by purchasing 250,000 tons of carbon removal over the next decade.
September 19, 2023Lego first carbon-neutral plant in Vietnam to begin operations in H2 next year
LEGO said its new $1 billion plant in Vietnam will begin operations in the second half of 2024. This will be LEGO’s first carbon-neutral factory, powered by solar energy.
September 18, 2023ACEN forms new partnership for renewable energy project in Indonesia
ACEN announced that its subsidiary had agreed with Indonesian company to explore potential renewable energy projects in Indonesia.
September 18, 2023Indonesia power plant to use green ammonia, green hydrogen as fuel for the first time
The Java 9 and 10 SCR power plant is preparing to become the first hybrid power plant to use green ammonia and green hydrogen in its production process to support net zero.