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July 17, 2024
Vietnam's DPPA faces challenges despite positive green energy, data center outlook
Vietnam has approved DPPA, opening up a new era of green energy liberalization and new investment opportunities. However, the implementation of the DPPA still has several challenges to address, divided into regulatory, cost, and technical issues.
July 16, 2024Carbon capture startup raises $37 million to turn CO2 into rock
Carbon capture technology is advancing rapidly and continues to attract significant investment from venture capital firms. Oman-based startup 44.01, which is developing a method to inject carbon dioxide into rocks, announced on the 15th that it has comple
July 16, 2024Thailand to open DPPA to attract data center investment
To attract foreign investment, particularly from data centers, the Thai government intends to open up Direct Power Purchase Agreements (DPPA), allowing businesses to directly purchase green electricity from power generators.
July 16, 2024Shipping industry struggles with decarbonization amid green fuel supply, policy challenges
The shipping industry is facing immense pressure to reduce emissions due to underdeveloped decarbonization technologies and tightening carbon tax policies. Major players like Maersk and Taiwan’s top shipping companies—Evergreen, Wan Hai, and Yang Ming—are
July 12, 2024Nuclear power debates shall not delay renewable energy investment: RE100
RE100 and 24/7 Carbon-free Energy (CFE) are complementary, and investments in renewable energy should not be delayed by debates over renewable and nuclear energy, said Sam Kimmins, director of energy at The Climate Group and chairman of RE100, in a media
July 12, 2024Indonesia 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.