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July 12, 2024
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 11, 2024Singapore 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, 2024Thailand'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 10, 2024Google 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 09, 2024Walsin Lihua teams up with NKT to build Taiwan's first submarine cable plant
Walsin Lihwa to establish Taiwan's first and currently only submarine cable manufacturing facility. Despite the anticipated timeline, Walsin Lihwa is eyeing the Asia-Pacific green energy market spurred by trend in data centers and EVs.
July 09, 2024Johor Plantation Group to raise $156 million in IPO to fund green initiatives
Johor Plantation Group (JPG), a Malaysian palm oil manufacturer, officially listed on Bursa Malaysia on July 9. The IPO is expected to raise MYR 735 million (about USD 156 million), which will be used for green production and reforestation.
July 09, 2024AI in green transition market to reach $115 billion by 2032
Data centers consume huge amounts of electricity for computing, making it challenging to achieve carbon reduction goals. However, there are also many successful cases of AI-enabled carbon reduction and energy transition.
July 09, 2024Could 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 08, 2024Vietnam adopts waste-to-energy solutions to tackle waste problem
Vietnam generates nearly 70,000 tons of waste daily, with over 70% sent to landfills. Waste-to-energy plants, which provide electricity during waste processing, are considered a solution to balance environmental concerns with economic development.
July 08, 2024Malaysia's investment in Vietnam's coal plant sparks criticism
Malaysia’s EXIM Bank announced a cross-sea investment in Vietnam's Song Hau 2 coal-fired power plant, raising industry concerns about violating government energy transition and decarbonization commitments.