News

The Vietnamese government’s recent decree promotes self-consumption rooftop solar power, but unclear regulations complicate the application process for investors.

The Ministry of Economic Affairs had initially planned to release a draft for its floating offshore wind farm demonstration program by year's end. However, the timeline may face further delays as discussions over incentive mechanisms continue internally.

Ahead of COP29, reports have emerged that countries such as the United States and members of the European Union are pushing to expand the list of contributors, requesting countries like Singapore to assume part of the financial responsibility.

Malaysia is also exploring the possibility of opening up green energy exports and plans to expand its national grid to meet the growing demand for clean electricity, particularly for electric vehicle (EV) charging stations, said Deputy Prime Minister.

The Ministry of Industry and Trade (MoIT) of Vietnam recently proposed a draft revision of the Electricity Law, which is expected to attract investments ranging from $70 to $80 billion USD.

Azerbaijan’s economy is highly dependent on fossil-fuel exports, making its economic prospects vulnerable to rising emissions-cutting ambition around the world.

Shell Malaysia has unveiled a significant plan to accelerate its transition towards net-zero emissions by 2050, with a focus on installing solar panels across the rooftops of its more than 600 retail sites.

U.S. energy regulators have rejected an amended interconnection agreement that would have linked an Amazon data center in Pennsylvania directly to a nuclear power plant, a move that could have significant implications for the revival of nuclear energy.

Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.

The effects of the U.S. increasing tariffs on four Southeast Asian countries have become apparent, with Chinese companies in Vietnam's solar sector being forced to cut production and lay off workers.