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Thailand's EV insurance struggles with high costs, rapid depreciation
News

Thailand'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 11, 2024
Singapore to stop new diesel cars and taxis registrations from 2025
News

Singapore 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, 2024
Google bets on carbon removal amid AI-driven emission surge
News

Google 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 10, 2024
Could electric vehicles feed China’s grid?
News

Could electric vehicles feed China’s grid?

EV's charging (also known as V2G, vehicle-to-grid) has the potential to contribute to the smoothing out of peaks and troughs in grid electricity demand, but many are wary, and the tech is currently expensive.
July 09, 2024
AI in green transition market to reach $115 billion by 2032
News

AI in green transition market to reach $115 billion by 2032

Data centers consume huge amounts of electricity for computing, making it challenging to achieve carbon reduction goals. However, there are also many successful cases of AI-enabled carbon reduction and energy transition.
July 09, 2024
Johor Plantation Group to raise $156 million in IPO to fund green initiatives
News

Johor Plantation Group to raise $156 million in IPO to fund green initiatives

Johor Plantation Group (JPG), a Malaysian palm oil manufacturer, officially listed on Bursa Malaysia on July 9. The IPO is expected to raise MYR 735 million (about USD 156 million), which will be used for green production and reforestation.
July 09, 2024
Walsin Lihua teams up with NKT to build Taiwan's first submarine cable plant
News

Walsin 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.
July 09, 2024
Malaysia's investment in Vietnam's coal plant sparks criticism
News

Malaysia's investment in Vietnam's coal plant sparks criticism

Malaysia’s EXIM Bank announced a cross-sea investment in Vietnam's Song Hau 2 coal-fired power plant, raising industry concerns about violating government energy transition and decarbonization commitments.
July 08, 2024
Vietnam adopts waste-to-energy solutions to tackle waste problem
News

Vietnam adopts waste-to-energy solutions to tackle waste problem

Vietnam generates nearly 70,000 tons of waste daily, with over 70% sent to landfills. Waste-to-energy plants, which provide electricity during waste processing, are considered a solution to balance environmental concerns with economic development.
July 08, 2024
Taiwan's green energy, smart mobility solutions shine at ASEAN Sustainable Energy Week
News

Taiwan's green energy, smart mobility solutions shine at ASEAN Sustainable Energy Week

Several Taiwanese companies exhibited their innovative green energy and smart mobility products at the ASEAN Sustainable Energy Week from July 3 to 5, capturing business opportunities in Southeast Asia's energy transition.
July 04, 2024
Vietnam's direct power purchase agreement marks green energy milestone
News

Vietnam's direct power purchase agreement marks green energy milestone

The Vietnamese government officially passed the "Direct Power Purchase Agreement" (DPPA) on the 3rd, allowing large electricity consumers to procure green energy directly from the national grid or independent grids, bypassing Vietnam Electricity (EVN).
July 04, 2024
Vietnam liberalizes direct purchase of green electricity by enterprises
News

Vietnam liberalizes direct purchase of green electricity by enterprises

To attract more renewable energy investments and meet the industry's demand for clean energy,Vietnam government officially passed the “direct power purchase agreement" (DPPA) on the 3rd.
July 04, 2024
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