News
News
July 04, 2025
RECCESSARY signs MOU with VCEA to establish data sharing platform
RECCESSARY—the green energy and carbon intelligence platform under research firm InfoLink—announced on July 4 that it had signed a Memorandum of Understanding (MOU) with the Vietnam Clean Energy Association (VCEA).
July 03, 2025Malaysia slashes green tariffs by up to 80% to boost renewable energy uptake
To encourage households and businesses to use renewable energy, the Malaysian government has significantly reduced its Green Electricity Tariff (GET) surcharge by as much as 80%.
July 03, 2025Banks bet big on fossil fuels, boosting financing in 2024, report finds
Bank financing for the fossil fuel sector rose by $162.5 billion in 2024, more than 20% compared to 2023, according to a Rainforest Action Network report.
July 02, 2025Vietnam sets offshore wind rates, eyes first project launch by end of 2025
Vietnam's Ministry of Industry and Trade (MOIT) has unveiled a pricing framework for offshore wind power, setting regional ceiling tariffs ranging from VND 3,078.9 to VND 3,975.1 per kWh (approx. USD 0.12–0.15).
July 02, 2025EU considers non-EU carbon credits in push for 90% emissions cut by 2040
The European Commission is expected to unveil its 2040 climate target on July 2. The proposal includes a controversial move to allow EU member states to use international carbon credits.
July 02, 2025Germany joins other EU members to call for changes to bloc’s new emissions trading system
More than a dozen EU member states, including Germany, have called on the European Commission to change its plans for the introduction of a carbon price on transport and heating fuels from 2027 to prevent price spikes.
July 01, 2025Over 100 firms, investors urge EU to uphold sustainability regulations
On June 30, more than 100 companies and investors issued a joint statement urging the European Union to maintain its strong sustainability regulations.
July 01, 2025Indonesia’s 10 GW renewables goal at risk as PLN faces criticism over slow progress
Indonesia’s energy transition is progressing slower than anticipated, with experts pointing to the inefficiency of state-owned utility PLN and fragmented policies that are limiting the number of bankable projects.
July 01, 2025Specter of dams and diversion looms over Southeast Asia’s Salween River
The Salween River, one of Asia’s last free-flowing rivers, supports Indigenous communities and biodiversity across China, Myanmar and Thailand, but faces threats from at least 20 proposed hydropower dams, mainly in Myanmar.
July 01, 2025CATL breaks ground on $5.9 billion new battery plant in Indonesia
Chinese EV battery giant Contemporary Amperex Technology Co. Limited (CATL) officially broke ground on a new factory in Indonesia on June 29. The project aligns with President Prabowo Subianto’s vision to establish a complete battery supply chain.