News
Singapore
May 29, 2024
Singapore, Ghana ink carbon credit agreement allowing firms to offset carbon tax
Companies in Singapore aiming to offset part of their carbon tax liability will soon be able to purchase carbon credits from projects in Ghana, following an agreement signed between the two countries on May 27.
May 22, 2024
Data center operators in Singapore seek more clarity on green roadmap as digital demands grows
Data center operators in Singapore aiming to become more environmentally friendly are seeking clearer guidance on a roadmap to reduce energy consumption.
May 22, 2024
Singapore’s REDEX to be an exclusive partner to Malaysia’s TNBX to assist mGATS platform
REDEX has been chosen as the exclusive partner to Malaysia’s TNB’s wholly-owned subsidiary TNBX. The partnership aims to develop the mGATS into the leading digital trading platform for Malaysia Renewable Energy Certificates.
May 21, 2024
Singapore's draft power rules indicate increased state control in energy transition
Singapore's Energy Market Authority announced its intention to regulate access sharing for critical infrastructure and review plans when owners of significant power assets intend to repurpose their properties.
May 06, 2024
Singapore launches new corporate lab for low-carbon technologies
Singapore has launched a $60 million lab to drive research and development in low-carbon technologies to help achieve net-zero emissions by 2050.
May 02, 2024
Equinix inks PPA with Sembcorp in Singapore to power data center
Colocation company Equinix has entered into a solar power purchase agreement (PPA) with Sembcorp in Singapore to supply renewable energy to its data center.
April 25, 2024
Study to explore Singapore’s geothermal potential set to begin later this year
A S$16 million two-year nationwide study to assess Singapore’s geothermal power potential expected to commence in the second half of 2024, according to the Energy Market Authority (EMA).
April 23, 2024
Carbon capture can help reduce Singapore’s emissions, but huge challenges remain
The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.
April 18, 2024
Transition credits need to be at least $30 to hasten coal phase-out: CIX chief
Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at $30 per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 17, 2024
Singapore pursues low-carbon methanol development to lead maritime fuel innovation
Singapore, as the world's largest maritime fuel supply center, is actively developing alternative fuels in response to the global net-zero trend. According to State for Sustainability and the Environment, Singapore is confident in supplying 1 million tons