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September 26, 2024
Thailand prepares $93 bln for energy plans to curb carbon emissions
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.
September 25, 2024Tripling renewables, doubling efficiency are ‘feasible’, says IEA
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.
September 24, 2024Jokowi urges immediate reforms in Indonesia’s geothermal permit delays
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.
September 24, 2024Singapore’s cross-border deal reveals obstacles of ASEAN power grid
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.
September 23, 2024Microsoft’s nuclear power deal propels Three Mile Island restart
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.
September 23, 2024Climate targets on the rise, but not include Berkshire Hathaway, Tesla, says survey
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
September 20, 2024Vietnam’s mangroves, seaweed offer huge blue carbon potential
With a coastline extending over 3,000 kilometers, Vietnam, blessed with a unique geographical environment, is actively exploring new opportunities in blue carbon.
September 19, 2024Virgin Australia becomes first foreign airline to adopt Pertamina’s SAF
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.
September 19, 2024Can the Fed’s rate cut spark growth in renewable energy?
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.
September 18, 2024Thailand's largest cement producer commits $6.3 billion to green transition
Thailand's largest cement producer, Siam Cement Group (SCG), plans to invest THB 200 billion (about 6.3 billion USD) over the next five years to enhance the competitiveness of its subsidiaries, SCG Chemicals and SCG Cleanergy.