News
April 17, 2024
Singapore pursues low-carbon methanol development to lead maritime fuel innovation
Singapore, as the world's largest maritime fuel supply center, is actively developing alternative fuels in response to the global net-zero trend. According to State for Sustainability and the Environment, Singapore is confident in supplying 1 million tons
April 17, 2024
Vietnam’s major manufacturing city aims to establish first green economic zone
Vietnam’s Haiphong city government focused on sustainable economy with its proposal of “Southern Coastal Economic Zone” (EZ) and aims to become Vietnam's first green economic zone.
April 17, 2024
SBTi releases an official clarification to its Scope 3 statement
Considering the recent controversies surrounding the Science Based Targets initiative (SBTi) changing its stance on offsetting Scope 3 emissions, the Board of Trustees has issued an additional clarification to its initial statement.
April 17, 2024
Solar Philippines’ joint venture partner secures loan for Indonesia's largest solar farm
Energy firm Solar Philippines announced that its Jakarta-based partner has secured a loan to finance the largest ground-mounted solar project in Indonesia.
April 16, 2024
Green investment resumes growth in Southeast Asia, but falls short of emission reduction targets
Green transformation investment in Southeast Asia has resumed growth, increasing significantly by 20% in 2023. However, it remains far from sufficient to achieve emissions reduction goals.
April 16, 2024
Malaysia establishes Energy Exchange Malaysia for cross-border trading of green power
The Malaysian government has agreed to set up the Energy Exchange Malaysia (Enegem) to facilitate cross-border trading of green electricity to neighboring countries.
April 16, 2024
Frasers Property works with SP Group to install solar panels across seven properties
Frasers Property is collaborating with SP Group to install nearly 4,500 square meters of solar panels across seven of its retail and commercial properties in Singapore. This is the largest single solarization rollout for retail malls in the country.
April 16, 2024
Vietnam plans to boost rooftop solar with surplus power wholesale mechanism
The Vietnamese Ministry of Industry and Trade held a meeting to discuss “The draft of rooftop solar power stimulus package” on Apr. 10. Minister Nguyen Hong Dien revealed that surplus electricity can be sold to power companies for financial gain.
April 15, 2024
Japan becomes the first international partner in U.S. Floating Offshore Wind Shot initiative
Japan has committed to collaborate with the United States as the first international partner in reducing costs and promoting the development of floating offshore wind projects primarily through the US Wind Shot initiative.
April 15, 2024
Malaysia launches new pricing for green electricity with cheaper tariffs
The Ministry of Energy Transition and Water Transformation of Malaysia (PETRA) has launched a new tiered pricing mechanism with lower rates for the Green Electricity Tariff (GET) program set to a quota of 6,600 GWh this year.