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Singaporean financial service group Oversea-Chinese Banking Corp. (OCBC) has partnered with Japan’s investment firm Mercuria Holdings to create a fund of up to $500 million to finance decarbonization-related businesses in Southeast Asia.

Singapore is leading other Southeast Asian countries by releasing its first government sustainability report. Besides carbon reduction achievements, the government has announced the gradual elimination of single-use items.

As the Ministry of Industry and Trade (MOIT) in Vietnam proposes the latest development direction to the Prime Minister, anticipates establishing two cross-regional RE industrial and service centers located in the Northern and South Central to Southern ar

The Taiwan Carbon Solution Exchange (TCX) will start trading carbon credits on Dec. 22, offering international credits from seven countries in Asia, Africa, and South America at a price of US$5 to US$15 per metric ton of CO2 equivalent.

GSM, a ride-hailing firm founded by the owner of Vietnam’s EV maker VinFast, has launched its electric taxi service this month in Vientiane, Laos, to promote green mobility in Southeast Asia.

Japan and South Korea will establish a supply chain for hydrogen and ammonia fuels and leaders of two countries will announce the framework on Nov. 17 in the U.S., where they are expected to join the APEC meeting.

Solar panels are poised to cover rooftops across Vietnam now that Southeast Asia's top generator of solar energy and a major manufacturer of PV cells, targets 50% of homes and offices to have panels by 2030. This is also to strengthen the power supply.

The largest floating solar farm is Southeast Asia is put into use in West Java on Thursday. President of Indonesia Joko Widodo was at the ceremony and said, “today is a historical day.”

South Korea’s SK Group will reinforce its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste recycling, solar and wind power.

As Southeast Asian countries gear up for the energy transition in a bid to meet their countries’ net-zero emission targets, a regional power grid connecting various member states of ASEAN may no longer just be a pipe dream.

Indonesia’s abundant geothermal resources have attracted Iceland’s attention, as the geothermal power pioneer seeks to partner with the Southeast Asian nation to harness its huge untapped geothermal potential.

South Korea’s SK Group subsidiaries SK IE Technology Co., SK Innovation Co. and Lotte Chemical have announced their partnership by signing a memorandum of understanding on Oct. 23 with the goal of entering the carbon capture market.