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Vietnam's DPPA faces challenges despite positive green energy, data center outlook
News

Vietnam's DPPA faces challenges despite positive green energy, data center outlook

Vietnam has approved DPPA, opening up a new era of green energy liberalization and new investment opportunities. However, the implementation of the DPPA still has several challenges to address, divided into regulatory, cost, and technical issues.
July 17, 2024
What does J.D. Vance’s VP nomination mean for climate policy and renewable energy?
News

What does J.D. Vance’s VP nomination mean for climate policy and renewable energy?

The collaboration between Donald Trump and J.D. Vance is seen as a stronger reinforcement of support for fossil fuels and a downplaying of climate change impacts, which could hinder the development of renewable energy and electric vehicles.
July 17, 2024
China's Wuhan residents pioneer a winning formula for rooftop solar
News

China's Wuhan residents pioneer a winning formula for rooftop solar

Jianshe’s residents in Wuhan have assigned their rooftop-usage rights to an external solar-power company. The community’s project suggests emissions-reduction work must benefit everybody to succeed.
July 17, 2024
Shipping industry struggles with decarbonization amid green fuel supply, policy challenges
News

Shipping industry struggles with decarbonization amid green fuel supply, policy challenges

The shipping industry is facing immense pressure to reduce emissions due to underdeveloped decarbonization technologies and tightening carbon tax policies. Major players like Maersk and Taiwan’s top shipping companies—Evergreen, Wan Hai, and Yang Ming—are
July 16, 2024
Thailand to open DPPA to attract data center investment
News

Thailand to open DPPA to attract data center investment

To attract foreign investment, particularly from data centers, the Thai government intends to open up Direct Power Purchase Agreements (DPPA), allowing businesses to directly purchase green electricity from power generators.
July 16, 2024
Carbon capture startup raises $37 million to turn CO2 into rock
News

Carbon capture startup raises $37 million to turn CO2 into rock

Carbon capture technology is advancing rapidly and continues to attract significant investment from venture capital firms. Oman-based startup 44.01, which is developing a method to inject carbon dioxide into rocks, announced on the 15th that it has comple
July 16, 2024
Indonesia to include power wheeling mechanism in renewable energy bill
News

Indonesia to include power wheeling mechanism in renewable energy bill

Indonesian officials revealed they are currently drafting details to include a power wheeling mechanism in the renewable energy bill, allowing electricity sellers to utilize PLN's grid to sell green electricity directly to consumers.
July 12, 2024
Nuclear power debates shall not delay renewable energy investment: RE100
News

Nuclear power debates shall not delay renewable energy investment: RE100

RE100 and 24/7 Carbon-free Energy (CFE) are complementary, and investments in renewable energy should not be delayed by debates over renewable and nuclear energy, said Sam Kimmins, director of energy at The Climate Group and chairman of RE100, in a media
July 12, 2024
Thailand's EV insurance struggles with high costs, rapid depreciation
News

Thailand's EV insurance struggles with high costs, rapid depreciation

With a loss ratio exceeding 90% for Thailand's EV insurance and fluctuating prices in both new and used cars, insurance companies encounter significant challenges in setting appropriate insurance premiums.
July 11, 2024
Singapore to stop new diesel cars and taxis registrations from 2025
News

Singapore to stop new diesel cars and taxis registrations from 2025

Singapore announced on the July 10 that starting from 2025, new registrations for diesel vehicles and taxis will no longer be permitted as part of its goal to achieve all vehicles using clean energy by 2040.
July 11, 2024
Google bets on carbon removal amid AI-driven emission surge
News

Google bets on carbon removal amid AI-driven emission surge

Google's previously acclaimed operational carbon neutrality was disrupted last year. Instead of relying on carbon offset, Google is now focusing on developing carbon removal technologies to compensate for the remaining emissions they can't reduce.
July 10, 2024
Could electric vehicles feed China’s grid?
News

Could electric vehicles feed China’s grid?

EV's charging (also known as V2G, vehicle-to-grid) has the potential to contribute to the smoothing out of peaks and troughs in grid electricity demand, but many are wary, and the tech is currently expensive.
July 09, 2024
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