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May 10, 2024
Indonesia’s first EV battery factory set to operate in June
Indonesian President Joko Widodo has announced that the first electric vehicle (EV) battery factory in the country will start operating in next month.
May 10, 2024SM Supermalls launches its biggest solar panel system in Santa Rosa
The shopping center developer SM Supermalls, a subsidiary of the Philippines' largest retail firm SM Prime, has recently unveiled the company’s largest self-used rooftop solar PV system at SM City in Santa Rosa, Laguna.
May 09, 2024Malaysia, Japan try out recycling dead palm trees into biomass
Researchers from Malaysia and Japan test process converting felled palm trees into renewable biomass energy.
May 09, 2024Pandora’s first factory in Vietnam adopts renewable energy
Danish jewelry manufacturer Pandora is set to commence construction of its inaugural factory in Vietnam on May 16, with an estimated worth of US$150 million.
May 08, 2024Expert expects positive market signal as Verra’s Verified Carbon Standard gets ICVCM approval
Verra, a nonprofit organization that sets standards for environmental and social markets, announced on May 2 that its Verified Carbon Standard (VCS) Program has received approval from the Integrity Council for the Voluntary Carbon Market (ICVCM).
May 08, 2024Vietnamese localities expand efforts to develop carbon credit market
Localities throughout Vietnam are undertaking activities to develop the carbon credit market.
May 07, 2024Only 13% of carbon credit buyers have SBTi-approved net zero targets: MSCI
Most companies purchasing carbon credits have not been made net-zero pledges approved by SBTi. According to MSCI Carbon Markets, over the past decade, only 13% of companies using carbon credits have set long-term carbon reduction targets. The report furth
May 07, 2024It’s crucial to build carbon credit management mechanism: Vietnam’s Prime Minister
Vietnamese Prime Minister Pham Minh Chinh recently issued a directive emphasizing the urgent need to establish a carbon credit management mechanism, which aims to help local businesses better grasp the carbon market and meet the Nationally Determined Cont
May 07, 2024Gulf Energy aims to lower power bills in Thailand with 25 new solar farms
Gulf Energy Development anticipates that the establishment of 25 new solar farms will aid the government in more effectively regulating electricity prices, potentially resulting in reduced power bills.
May 07, 2024Indonesia revokes license of the largest forestry offsets project in the world
Indonesia's Ministry of Environment and Forestry has struck a blow to the Rimba Raya project on Borneo Island, one of the world's largest carbon offset initiatives, by revoking its license due to violations of local regulations.