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November 16, 2023
Carbon credits in the spotlight at upcoming COP28 climate talks
Carbon credits will take center stage at the upcoming UN climate talks, COP28, in Dubai at the end of this month. These credits, purchased by companies to offset their carbon emissions, allow them to consider consumed goods and services ‘carbon neutral’.
November 14, 2023Sustainable Taiwan Expo 2023 to unveil new green opportunities
The Sustainable Taiwan Expo 2023 will return for its 4th edition on Nov. 22 through 24 at Kaohsiung Exhibition Center, unlocking trade opportunities across the green supply chain.
November 14, 2023EVN increases average retail electricity price again
Vietnam Electricity (EVN) has announced an adjustment in the average retail electricity prices by 4.5% from Nov. 9. After four years of frozen increases, electricity prices in Vietnam have been adjusted twice this year.
November 14, 2023MSB secures FMO 100 million USD for green projects
In recent years, there has been a significant surge in demand for green loans in Vietnam. Many banks are not only allocating their capital for green and sustainable development projects but also seeking support from foreign Development Finance Institution
November 14, 2023Undersubscribed small amount green energy auction calls for more flexibility
Taipower’s Round 1 auction, which offered 10 million kilowatt hours of small-amount green energy, was undersubscribed. Some private sectors believe that the small amount of green energy cannot meet demand from SMEs, and with limited offers and the highest
November 09, 2023Indonesia inaugurates Southeast Asia's largest floating solar farm
The largest floating solar farm is Southeast Asia is put into use in West Java on Thursday. President of Indonesia Joko Widodo was at the ceremony and said, “today is a historical day.”
November 07, 2023Taipower reveals auction winners for small amount renewable energy
Taiwan’s state-owned utility Taipower published on Nov. 7 the first batch of auction results for small amounts of green energy following the introduction of the bidding platform in late October, with 47 enterprises securing contracts.
November 07, 2023EVN: production cost still higher than price
EVN expects the cost of electricity production of 2023 is still higher than retail price by 9.3% although fuel prices lowered for the past few months.
November 03, 2023Barclays rebuilds carbon trading desk amid global net-zero push
Retreated from carbon trading for over a decade, Barclays Plc is trying to come back to market and appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to Bloomberg report.
November 01, 2023BloombergNEF expects global carbon market hits $800 billion in 2023
Bloomberg New Energy Finance (BNEF)’s latest outlook report has predicted that the global carbon market is set to exceed $800 billion this year, marking a 5% year-over-year growth, even though trade volumes have fallen due to Russia’s war in Ukraine.