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June 27, 2024
RE100 proposes six key policies to accelerate Japan's renewable energy growth
Japan plans to finalize the 7th Strategic Energy Plan by mid next year. RE100 seizes the opportunity and calls on the Japanese government to triple its renewable energy capacity up to 363 GW by 2035 from 121 GW in 2022.
June 26, 2024Philippines overtakes Vietnam, Indonesia in renewable energy investments: Progress at a glance
The Philippines government has clear policies for attracting investment in renewable energy, with a current prospective utility scale of 99 GW in wind and solar projects. However, the Philippines will need to overcome a series of challenges in its future
June 25, 2024Singtel expands internal carbon pricing policy to drive down emissions
Singapore's Singtel has announced the expansion of its internal carbon pricing policy. Going forward, any project with total carbon emissions exceeding 100 tons will be subject to a carbon price of SGD 50 per ton (about USD 37).
June 25, 2024Philippines greenlights 16 offshore wind farms, with first GW-scale project by CIP
Philippine approved the construction of 16 offshore wind farms, with an estimated potential capacity of 7,668 MW. The one built in San Miguel Bay with an installed capacity of 1 GW is going to be the first and largest offshore wind farm in the country.
June 24, 2024Pertamina announces $6.2 billion clean energy investment, targets 6 GW by 2029
Indonesia’s state-owned oil company, Pertamina, announced on June 21 that it will invest $6.2 billion over the next five years to expand its renewable energy development.
June 21, 2024A greenhouse gas shipping levy is on the horizon
A charge on emissions for cargo vessels would become the first global carbon price, but disagreements on system design and starting prices remain.
June 20, 2024Thailand's new power plan aims for 51% renewable energy by 2037
Thailand's latest power development plan (PDP) raises the renewable energy generation target from the previous 36% to 51%. However, some renewable energy industry stakeholders believe that the country should set even more ambitious goals.
June 20, 2024Johor requires green energy for data centers to tackle power and water challenges
To meet the demands of cloud computing and artificial intelligence (AI), investments in data centers in Malaysia have surged. However, this has raised concerns about the shortage of power and water in Selangor, Johor.
June 19, 2024Over 800 coal plants in emerging markets can transition to renewables profitably, IEEFA finds
The U.S. think tank IEEFA's new report indicates that more than 800 coal-fired power plants in emerging markets could transition to renewable energy profitably, creating more investment opportunities for the decarbonization of the energy industry.
June 19, 2024Pupuk Indonesia expands clean ammonia production to meet Japan, Korea's demands
Pupuk Indonesia, an Indonesian state-owned fertilizer company, is dedicated to accelerating their development of clean ammonia products, with a primary focus on adopting the demands of countries like Japan and South Korea.