News

January 16, 2024

Bezos Earth Fund offers 1 million prize for innovative greenhouse gas removal solutions

The Bezos Earth Fund, a philanthropy funded by Jeff Bezos in 2020 with a commitment of $10 billion to tackle climate change, announced on Jan 10 that a $1 million ideation prize to generate creative ideas and solutions to remove greenhouse gas emissions.
January 15, 2024

Thailand ready for carbon tax, aligning with World Bank's five principles

Thailand is preparing to join the league of countries implementing a carbon tax. Ministry of Finance revealed that the department has been collaborating with both domestic and international organizations to draft carbon tax regulations.
January 15, 2024

Sarawak Energy’s carbon emissions reduction target granted approval from SBTi

Sarawak Energy Berhad (SEB) has become the first major corporation in Malaysia to receive international recognition as the Science Based Target Initiative (SBTi) validates the state-owned energy firm’s near-term carbon emissions reduction target.
January 15, 2024

2023 is the most difficult year for Vietnamese textile: Vinatex

Affected by the slowdown in global growth, Vietnam's leading textile enterprise, the Vinatex, admitted that 2023 was the most challenging year. However, the market in 2024 is expected to gradually recover, and more emphasis on green transformation.
January 15, 2024

New World Wind’s “wind trees” generate dual green energy discreetly

French energy startup New World Wind has developed the “WindTree”, a tree-shaped turbine equipped with micro-wind turbines called Aeroleaf Hybrid. These leaves keep rotating to capture the air and solar panels absorb sunlight just below the leaves.
January 12, 2024

How green manufacturing can maximize profitability

Japanese data communications company NTT DATA and Business Weekly co-organized an ESG forum on Jan. 11 in Kaohsiung to explore pathways for Taiwan’s manufacturing industry to align with the global net-zero trend.
January 12, 2024

Farmers ambivalent over Vietnam’s low-carbon rice programme

A World Bank-backed project has been criticised by rice farmers for high costs and poor returns. Can its proposed second phase salvage things?
January 12, 2024

Thailand electricity price increase moderates, businesses breathe a sigh of relief

After amending the electricity pricing structure and obtaining cabinet approval, the Energy Regulatory Commission (ERC) of Thailand announced on Jan 10 that the electricity price for January to April this year is set at 4.18 Thai Baht per kWh.
January 12, 2024

Philippines' biggest data center with most energy-saving design

The Philippines estimates that the total capacity of the country's data centers is expected to grow fivefold by the end of 2025, reaching 300MW. However, given the significant power consumption of data centers, energy efficiency has been a constant concer
January 11, 2024

Thailand accelerates lithium exploration to boost EV industry

To develop electric vehicle industry, Thailand is not only offering subsidies to increase incentives but also, according to the Minister of Industry, Pimpatra Wichaikul, has urged the DPIM to expedite for lithium ore sources.
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