News
Service and Others
September 12, 2024
Google invests $10 mln in Holocene to tackle carbon capture’s cost ‘holy grail’
American tech giant Google has announced a partnership with carbon capture startup Holocene, signing a contract worth up to $10 million. Starting in 2030, Google plans to purchase carbon credits at a very low price of $100 per ton.
September 02, 2024Custos teams up with Systex to empower ESG in a novel, engaging way using Carbon Handprints
Custos is spearheading efforts to make businesses more environmentally friendly, teaming up with Systex to lead the charge. You've probably heard about carbon footprints, but have you ever thought about carbon handprints?
August 30, 2024Five Apps help you track, offset your carbon emissions
There are many mobile applications (apps) available that assist in calculating carbon emissions, with some even offering rewards to boost motivation for reducing emissions. Here are five commonly used apps and tools for carbon reduction.
August 28, 2024Singapore startup's immersion cooling technology halves data center energy consumption
Data center startup Sustainable Metal Cloud has introduced an immersion cooling system that reportedly slashes energy consumption by 50% and reduces installation costs by 28% compared to traditional liquid cooling systems.
August 27, 2024Indonesia’s incoming president hopes to implement B50 biodiesel in 2025
To reduce fuel imports and carbon emissions, Indonesia’s incoming president Prabowo Subianto has recently announced that the country will enforce a mandatory B50 biodiesel policy by 2025. This announcement has raised concerns in the industry.
August 21, 2024Data centers in Taiwan face power supply challenges
As international companies increasingly establish artificial intelligence (AI) and cloud data centers in Taiwan, concerns are rising over the country’s power supply. Following a series of recent power outages, Taiwan Power Company (Taipower) delivered a s
August 19, 2024Singapore, Philippines unite to retire coal plants early with 'transition credits'
On the 16th, Philippine energy giant ACEN, Singapore’s green investment company GenZero, and multinational company Keppel signed a memorandum of understanding to develop clean energy solutions aimed at helping coal-fired power plants retire early and obta
August 16, 2024Vietnamese agri-trade firm lands $25 million to boost sustainable coffee supply chain
On August 15th, Phuc Sinh Corp., a Vietnamese agricultural product trading company, announced that it has received a green investment of up to $25 million from the Dutch & Green Fund. This marks the first time a Vietnamese company has achieved such a mile
August 14, 2024Experts propose regulatory approaches to accelerate banks to phaseout coal
Recent surveys show that Singapore banks have failed to honor their commitments to stop financing coal-fired power plants. Specifically, DBS Bank, UOB, and OCBC Bank were found to have provided up to $2 billion to the coal industry.
August 06, 2024PepsiCo invests $400 million in sustainable new factories in Vietnam
PepsiCo, the American snack and beverage giant with a 30-year presence in Vietnam, is expanding its operations with a $400 million investment in new factories located in Ha Nam and Long An province.