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December 18, 2023

Philippines relaxes rules to drive lending for green projects

The Bangko Sentral ng Pilipinas (BSP) officially approved 2 temporary measures to promote sustainable development and carbon reduction investment initiatives.
December 18, 2023

Indonesia energy policy among 3 president candidates

Indonesia is set to hold its Presidential Election in February 2024. The first debate took place on December 12. Reccessary has compiled statements from each candidate tried to piece together possible directions of renewable energy.
December 15, 2023

Taiwan greenlights sales of self-generated PV power to electricity retailers

The Ministry of Economic Affairs announced on Dec. 14 that self-generated green energy (Type 2 and 3 solar plants) can now be sold to renewable energy retailers, which can then resell it to corporate users. The policy change is estimated to contribute an
December 15, 2023

Indonesia renewables couldn’t meet goals by 2025: officials

The Indonesian Ministry of Energy and Mineral Resources (ESDM) has confirmed that Indonesia can’t achieve its ambitious target to achieve 23% of renewable energy mix by 2025. Experts believe that the main reasons behind this are some financial constraints
December 15, 2023

Unilever investigated in UK over greenwashing

Unilever is facing an investigation by the UK regulatory authority, for alleged "greenwashing." The company is accused of exaggerating its “environment-friendly” products through tactics such as the use of green leaf patterns and vague language.
December 14, 2023

Malaysia’s renewable ambition needs grid improvements

Malaysia is striving for energy transition and underwent a cabinet reshuffle on Tuesday. The previous Ministry of Natural Resources, Environment and Climate Change has been split into two departments, seen as an effort to enhance administrative efficiency
December 14, 2023

EVN will pay nothing for excess rooftop solar power

MOIT recently released the draft reiterated that self-use solar power cannot be sold externally. It mentioned that EVN would purchase excess power generated by organizations or individuals already connected to the grid at zero cost to control self-generat
December 13, 2023

Asia under pressure for COP28 vow to triple renewables

Nearly 120 nations have pledged to triple their installed renewable energy capacity by the end of 2030 at COP28. This commitment is expected to accelerate the global energy transition, posing a new challenge in economies across Asia.
December 13, 2023

Thailand may import more green energy from Laos

Thailand revealed the potential for increased import of hydroelectric power from Laos to reduce reliance on natural gas. However, experts are concerned that this could lead Laos to construct new dams on the Mekong River. Furthermore, the electricity costs
December 12, 2023

More companies set internal prices to manage carbon risk

COP28 has officially concluded. While the global carbon price is not set to be standardized, the concept of "carbon pricing" has begun to ferment. Governments and large corporations alike have established carbon pricing mechanisms.
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