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German policymakers, industry experts, NGOs and unions were split over a proposal to support the country’s ailing car industry with a new ‘cash for clunkers’ scheme, ahead of an industry crisis summit convened by the economy ministry.

To achieve its carbon reduction targets, Thailand is formulating five major energy plans with a total investment of 2.9 trillion baht (about 93 billion USD). Over 50% of this budget will be allocated to renewable and alternative energy.

IEA released a new report indicating that the goals supported by countries at COP28—such as doubling renewable energy capacity and increasing energy efficiency by 100% by the end of 2030—could be achievable with the right enabling conditions.

Singapore announced that the second phase of the project will expand, with plans to import an additional 100 MW of electricity from Malaysia. However, unexpectedly, this electricity may not necessarily be renewable.

Indonesia possesses rich geothermal resources, with a goal of increasing geothermal power generation capacity to 10.5 GW by 2035. However, development has been slow, and to meet this target, an annual increase of 700 MW to 800 MW will be necessary.

The latest annual report from the international Net Zero Tracker indicates that the number of entities setting net-zero targets continues to rise at regional, city, and corporate levels. However, over 40% of entities have not taken any action, including e

Constellation Energy recently announced a power purchase agreement with Microsoft to prepare for the restart of the Three Mile Island nuclear plant. However, the plan has not yet received approval from federal, state, and local governments.

With a coastline extending over 3,000 kilometers, Vietnam, blessed with a unique geographical environment, is actively exploring new opportunities in blue carbon.

The Federal Reserve slashed interest rates by 50 basis points and suggested further reductions to come. The news immediately reverberated in the U.S. stock market, significantly boosting solar energy stocks.

Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.

Air taxis and other electric vertical take-off and landing vehicles (eVTOLs) are not useful mass transport technologies for the energy transition, according to a report by the Leibniz Centre for European Economic Research (ZEW).

Starting this year, Singapore has increased its carbon tax to SGD 25 per ton (about 19 USD) and announced plans for further increases, aiming to encourage companies to accelerate their carbon reduction efforts.