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July 22, 2024

Truth behind Amazon's 100% renewable energy claim

Amazon has released the 2023 Sustainability Report, highlighting a significant milestone of achieving 100% renewable energy use, seven years ahead of its 2030 target. However, this achievement has been met with skepticism from within the company.
July 17, 2024

Vietnam's DPPA faces challenges despite positive green energy, data center outlook

Vietnam has approved DPPA, opening up a new era of green energy liberalization and new investment opportunities. However, the implementation of the DPPA still has several challenges to address, divided into regulatory, cost, and technical issues.
July 16, 2024

Carbon capture startup raises $37 million to turn CO2 into rock

Carbon capture technology is advancing rapidly and continues to attract significant investment from venture capital firms. Oman-based startup 44.01, which is developing a method to inject carbon dioxide into rocks, announced on the 15th that it has comple
July 16, 2024

Thailand to open DPPA to attract data center investment

To attract foreign investment, particularly from data centers, the Thai government intends to open up Direct Power Purchase Agreements (DPPA), allowing businesses to directly purchase green electricity from power generators.
July 16, 2024

Shipping industry struggles with decarbonization amid green fuel supply, policy challenges

The shipping industry is facing immense pressure to reduce emissions due to underdeveloped decarbonization technologies and tightening carbon tax policies. Major players like Maersk and Taiwan’s top shipping companies—Evergreen, Wan Hai, and Yang Ming—are
July 10, 2024

Google bets on carbon removal amid AI-driven emission surge

Google's previously acclaimed operational carbon neutrality was disrupted last year. Instead of relying on carbon offset, Google is now focusing on developing carbon removal technologies to compensate for the remaining emissions they can't reduce.
July 09, 2024

Johor Plantation Group to raise $156 million in IPO to fund green initiatives

Johor Plantation Group (JPG), a Malaysian palm oil manufacturer, officially listed on Bursa Malaysia on July 9. The IPO is expected to raise MYR 735 million (about USD 156 million), which will be used for green production and reforestation.
June 28, 2024

Jurisdictional REDD+: A new frontier in carbon credit market

The acquisition methods for carbon credits are complex and varied. Now, a newer category, "Jurisdictional REDD+" (JREDD+), has emerged, potentially increasing market demand by six times and prices by up to fourfold compared to traditional REDD+.
June 26, 2024

Philippines overtakes Vietnam, Indonesia in renewable energy investments: Progress at a glance

The Philippines government has clear policies for attracting investment in renewable energy, with a current prospective utility scale of 99 GW in wind and solar projects. However, the Philippines will need to overcome a series of challenges in its future
June 25, 2024

Singtel expands internal carbon pricing policy to drive down emissions

Singapore's Singtel has announced the expansion of its internal carbon pricing policy. Going forward, any project with total carbon emissions exceeding 100 tons will be subject to a carbon price of SGD 50 per ton (about USD 37).
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