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Vietnamese Deputy Prime Minister Tran Hong Ha approved the National Energy Master Plan (NEMP) for the period 2021-2030 on the 27th with three main goals about energy section.

Indonesia's Pertamina signed four agreements to explore potential developments of carbon capture storage projects in the country. The largest economy in Southeast Asia is aiming to accelerate the realization of its renewable energy goals.

Indonesia’s state-owned electricity company PT PLN has entered into a collaboration with ACWA Power and PT Pupuk Indonesia this month to develop green hydrogen for ammonia manufacturing in Gresik, East Java.

Malaysia plans to develop Southeast Asia’s biggest solar hybrid facility to achieve its 70% goal of renewable energy capacity by 2050, said Economy Minister Rafizi Ramli.

The potential for a carbon market in Vietnam is huge. The growing need for efficient exchange and purchase mechanisms has sparked active discussions on establishing a domestic carbon credit exchange.

ICVCM outlined criteria for new voluntary standards on July 27 and hope to issue labelled credits by the end of the year to bring transparency to the unregulated marketplace.

The usage of renewable energy through Renewable Energy Certificates (RECs) provided by PT PLN, Indonesia’s state-owned electricity company, is increasing in demand, as evidenced by its collaborations with several large companies.

Koch Modular is rolling out a new carbon capture demonstration scale system called Project Enterprise. The project is poised to achieve a remarkable reduction in carbon emissions, expected to be at least 95%.

Japan’s Sumitomo Corporation has signed an initial agreement with UAE’s SNOC to develop a carbon capture project in the Emirates.

All Filipinos can expect affordable power if the government remains committed to current energy policies that seek to promote the development of renewable energy, the former DOE Undersecretary said.