News
May 22, 2024
Vietnam urges Apple suppliers to cut power use amid record electricity usage
After Vietnam's nationwide electricity usage hit a record high in late April, the local government is concerned about a potential recurrence of power shortages. Authorities have requested businesses and enterprises to implement power-saving measures, incl
May 22, 2024
Data center operators in Singapore seek more clarity on green roadmap as digital demands grows
Data center operators in Singapore aiming to become more environmentally friendly are seeking clearer guidance on a roadmap to reduce energy consumption.
May 22, 2024
Japan’s Mizuho to fund coal plant to early shutdown in Southeast Asia
Mizuho Financial Group in Japan has announced a relaxation of investment restrictions on coal-fired power plants. Starting in July, the group will provide financing to assist the early decommissioning of power plants in Southeast Asian countries, becoming
May 22, 2024
Singapore’s REDEX to be an exclusive partner to Malaysia’s TNBX to assist mGATS platform
REDEX has been chosen as the exclusive partner to Malaysia’s TNB’s wholly-owned subsidiary TNBX. The partnership aims to develop the mGATS into the leading digital trading platform for Malaysia Renewable Energy Certificates.
May 21, 2024
Indonesia to relax localization requirements for solar modules to attract investment
Indonesian government announced in an official letter in May that it has decided to revoke regulations on the local content requirements (TKDN) within the country’s electricity sector and ease the requirements for the localization of solar module parts.
May 21, 2024
Japan passes new legislation to facilitate CCS implementation
Japan passed a law on May 17 to establish a permit system for business operators, facilitating the implementation of Carbon Capture and Storage technology, which captures carbon dioxide from industrial emissions and stores it deep underground.
May 21, 2024
Small modular reactors gain traction in Southeast Asia to cut emissions
Small modular reactors (SMRs), which are smaller and produce less nuclear waste, are gaining traction, particularly in Thailand and the Philippines.
May 21, 2024
Singapore's draft power rules indicate increased state control in energy transition
Singapore's Energy Market Authority announced its intention to regulate access sharing for critical infrastructure and review plans when owners of significant power assets intend to repurpose their properties.
May 20, 2024
Vietnam's steel industry faces challenges with upcoming EU carbon tariffs
Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's
May 20, 2024
Thailand's data center boom: energy and real estate sectors join the race
The data center boom driven by the technology industry has attracted other sectors to join the fray. Among them, Thailand's energy company B.Grimm Power plans to leverage its renewable energy advantages to seek partners, while Thai real estate developer C
