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August 01, 2023
PPA prices in EU, US down 3% and 15% in second quarter
Edison Energy has published its latest report on the global renewables market, which indicates that the average price of PPA across Europe and the US has fallen from Q1 to Q2 of this year.
July 31, 2023Honeywell offers CCUS solutions to carbon-intensive industry in Indonesia
In order to meet Indonesia's carbon capture regulations, Honeywell provides a full suite of Carbon Capture, Utilization and Storage solutions to support high carbon emission industries.
July 31, 2023Google reports strong progress with 24/7 carbon-free operation goal
Google published report that highlights the significant progress the company has made in achieving 24/7 carbon-free operations.
July 31, 2023Supply shortages, poor data quality are main barriers for China’s carbon market
Poor quality data and supply shortages remain key hurdles for China’s national carbon ETS. The world’s largest carbon market has seen lower-than-expected trading volume and weak carbon prices in the past year.
July 28, 2023Vietnam approved National Energy Plan for 2021-2030, aim for just transition
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.
July 28, 2023Indonesia’s Pertamina signs four deals to explore CCS, CCUS partnerships
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.
July 28, 2023PLN, ACWA Power, Pupuk Indonesia join forces to develop green hydrogen, green ammonia
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.
July 28, 2023Malaysia plans to build the biggest solar hybrid plant in Southeast Asia
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.
July 27, 2023Vietnam considers domestic carbon trading market to promote green transaction
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.
July 27, 2023ICVCM set global standards to bring transparency to the voluntary carbon market
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.