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Banks bet big on fossil fuels, boosting financing in 2024, report finds
Global|RE Energy|Service and Others

Banks 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 03, 2025
Vietnam sets offshore wind rates, eyes first project launch by end of 2025
ASEAN|RE Energy|Energy, Transport & Building

Vietnam 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, 2025

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