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Climate finance tensions loom over COP29 as developed nations urge new contributors
News

Climate finance tensions loom over COP29 as developed nations urge new contributors

Ahead of COP29, reports have emerged that countries such as the United States and members of the European Union are pushing to expand the list of contributors, requesting countries like Singapore to assume part of the financial responsibility.
November 08, 2024
Developers urge 2025 FiT inclusion as Taiwan's floating offshore wind plans face delays
News

Developers urge 2025 FiT inclusion as Taiwan's floating offshore wind plans face delays

The Ministry of Economic Affairs had initially planned to release a draft for its floating offshore wind farm demonstration program by year's end. However, the timeline may face further delays as discussions over incentive mechanisms continue internally.
November 08, 2024
Malaysia considers grid deregulation to support green energy exports, EV infrastructure
News

Malaysia considers grid deregulation to support green energy exports, EV infrastructure

Malaysia is also exploring the possibility of opening up green energy exports and plans to expand its national grid to meet the growing demand for clean electricity, particularly for electric vehicle (EV) charging stations, said Deputy Prime Minister.
November 07, 2024
Can Vietnam’s impressive renewable energy buildout satisfy corporate demand?
Research

Can Vietnam’s impressive renewable energy buildout satisfy corporate demand?

Vietnam already has a high proportion of renewable energy in its installed capacity, but would it be enough for the growing demand from corporate users?
November 06, 2024
How COP29 host Azerbaijan could boost growth through climate action?
News

How COP29 host Azerbaijan could boost growth through climate action?

Azerbaijan’s economy is highly dependent on fossil-fuel exports, making its economic prospects vulnerable to rising emissions-cutting ambition around the world.
November 06, 2024
Vietnam proposes revised Electricity Law to attract energy transition investments
News

Vietnam proposes revised Electricity Law to attract energy transition investments

The Ministry of Industry and Trade (MoIT) of Vietnam recently proposed a draft revision of the Electricity Law, which is expected to attract investments ranging from $70 to $80 billion USD.
November 06, 2024
Amazon's nuclear power agreement faces setback with FERC rejection
News

Amazon's nuclear power agreement faces setback with FERC rejection

U.S. energy regulators have rejected an amended interconnection agreement that would have linked an Amazon data center in Pennsylvania directly to a nuclear power plant, a move that could have significant implications for the revival of nuclear energy.
November 05, 2024
Shell Malaysia plans large-scale solar initiative to achieve net-zero by 2050
News

Shell Malaysia plans large-scale solar initiative to achieve net-zero by 2050

Shell Malaysia has unveiled a significant plan to accelerate its transition towards net-zero emissions by 2050, with a focus on installing solar panels across the rooftops of its more than 600 retail sites.
November 05, 2024
Grid interconnectivity is critical to ASEAN’s energy transition, Ember says
News

Grid interconnectivity is critical to ASEAN’s energy transition, Ember says

But the ‘hardware’ of energy infrastructure must be accompanied by just and inclusive approaches, write two energy analysts.
November 04, 2024
Chinese solar plants shift to Indonesia, Laos to evade U.S. tariffs
News

Chinese solar plants shift to Indonesia, Laos to evade U.S. tariffs

The effects of the U.S. increasing tariffs on four Southeast Asian countries have become apparent, with Chinese companies in Vietnam's solar sector being forced to cut production and lay off workers.
November 04, 2024
Japan, Vietnam approve 9 JCM carbon credit projects
News

Japan, Vietnam approve 9 JCM carbon credit projects

Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.
November 04, 2024
German chancellor calls on Volkswagen management to protect domestic jobs in restructuring plans
News

German chancellor calls on Volkswagen management to protect domestic jobs in restructuring plans

Warnings by the works council at carmaker Volkswagen that the company plans to make significant cuts to its production sites and workforce in Germany have led policymakers to call for the protection of jobs and local economies.
October 30, 2024
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