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May 15, 2024

Malaysia carbon exchange to auction first local nature-based carbon credits in July

The Malaysia Carbon Exchange (BCX) will auction its first batch of locally generated carbon credits on July 25. This event marks the expansion of its product offering to include local carbon credits in addition to global carbon credits.
May 15, 2024

Vietnam promises stable power supply to attract chip investments

To attract foreign investment in industries such as semiconductors, Vietnam has not only offered tax reductions but also promised sufficient power supply and infrastructure to avoid a recurrence of last year's power shortage crisis.
May 14, 2024

Record 30% of global electricity sourced from renewables, driven by China

According to the European energy think tank Ember, global renewable energy generation has surpassed 30% for the first time. Notably, over half of the new green energy added last year came from China.
May 13, 2024

Shell accused of selling 200 million of “phantom carbon credits”

Energy giant Shell is accused of selling "phantom carbon credits" through a Canadian carbon capture project, which not only generated an additional revenue of 200 million Canadian dollars (about 140 million USD) but captured only half of the amount claime
May 13, 2024

Eurostar pledges to achieve 100% renewable energy usage by 2030

The high-speed train service "Eurostar," spanning five European countries, has recently released its first sustainability report.
May 10, 2024

Indonesia’s first EV battery factory set to operate in June

Indonesian President Joko Widodo has announced that the first electric vehicle (EV) battery factory in the country will start operating in next month.
May 10, 2024

SM Supermalls launches its biggest solar panel system in Santa Rosa

The shopping center developer SM Supermalls, a subsidiary of the Philippines' largest retail firm SM Prime, has recently unveiled the company’s largest self-used rooftop solar PV system at SM City in Santa Rosa, Laguna.
May 09, 2024

Malaysia, Japan try out recycling dead palm trees into biomass

Researchers from Malaysia and Japan test process converting felled palm trees into renewable biomass energy.
May 09, 2024

Pandora’s first factory in Vietnam adopts renewable energy

Danish jewelry manufacturer Pandora is set to commence construction of its inaugural factory in Vietnam on May 16, with an estimated worth of US$150 million.
May 08, 2024

Expert expects positive market signal as Verra’s Verified Carbon Standard gets ICVCM approval

Verra, a nonprofit organization that sets standards for environmental and social markets, announced on May 2 that its Verified Carbon Standard (VCS) Program has received approval from the Integrity Council for the Voluntary Carbon Market (ICVCM).
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