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Rystad Energy identifies Malaysia as key emerging hub for CCS in Asia-Pacific region
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Rystad Energy identifies Malaysia as key emerging hub for CCS in Asia-Pacific region

Malaysia is among the hubs in the Asia-Pacific region rapidly emerging as key players in the carbon capture and storage (CCS) sector, according to Rystad Energy.
June 03, 2024
AI becomes biggest challenge in Taiwan's power supply: MOEA
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AI becomes biggest challenge in Taiwan's power supply: MOEA

Minister of Economic Affairs Kuo Chih-hui (郭智輝) reviewed Taiwan’s current power supply as soon as he assumed office, assuring that there would be sufficient power supply by 2030.
May 31, 2024
Singapore aims to expand data center capacity 35% by green strategies
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Singapore aims to expand data center capacity 35% by green strategies

Singapore is planning to expand its data center capacity by more than one-third, aiming to integrate greener facilities to achieve sustainable growth in the energy-intensive industry, according to a state minister overseeing a new roadmap.
May 31, 2024
Abundant solar energy in Indonesia remains unexploited, venture firms say
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Abundant solar energy in Indonesia remains unexploited, venture firms say

Indonesia has abundant solar resources. Some venture capital firms believe that Indonesia's photovoltaic potential is underdeveloped and estimate annual demand could reach as high as 36 GW, which is seven times the total investment from 2018 to 2021.
May 31, 2024
UK carbon trading to include waste-to-energy, carbon removal
News

UK carbon trading to include waste-to-energy, carbon removal

The UK ETS Authority announced on May 23 that it is launching a consultation on the inclusion of waste-to-energy, waste incineration, and carbon removals in the carbon emissions trading system.
May 30, 2024
Indonesia's new capital attracts water businesses from Japan, Korea, and China
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Indonesia's new capital attracts water businesses from Japan, Korea, and China

Water infrastructure companies from Japan, South Korea, and China are eager to participate in Indonesia's multibillion-dollar project to build a new capital, with the first phase of the relocation set to begin in August.
May 30, 2024
U.S. establishes Manila as headquarters for Southeast Asia civil nuclear expansion
News

U.S. establishes Manila as headquarters for Southeast Asia civil nuclear expansion

To improve power infrastructure, the Philippines is incorporating nuclear energy into its energy transition plans and set to become a base for the U.S. Civil Nuclear Work Group in Southeast Asia.
May 30, 2024
Singapore, Ghana ink carbon credit agreement allowing firms to offset carbon tax
News

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 29, 2024
Malaysia launches Forest Conservation Certificate to fund conservation activities
News

Malaysia launches Forest Conservation Certificate to fund conservation activities

The Malaysia Forest Fund (MFF) introduced its Forest Conservation Certificate (FCC), aimed at redirecting funds from the private sector to back forest conservation initiatives in the country, serving as a non-market mechanism.
May 29, 2024
Malaysia aims for 40% of primary energy mix to come from renewables by 2035
News

Malaysia aims for 40% of primary energy mix to come from renewables by 2035

Malaysia government aims to ensure that 40% of the country’s primary energy mix comes from renewable sources by 2035, according to Deputy Prime Minister Fadillah Yusof.
May 28, 2024
Masidi says Sabah's first carbon credit trading will gradually yield tangible benefits
News

Masidi says Sabah's first carbon credit trading will gradually yield tangible benefits

It will take some time for Sabah to realize the tangible benefits from trading its first carbon credits from the state rainforest, said state Finance Minister Masidi Manjun.
May 28, 2024
Indonesia to launch 2025 hydrogen plan for industry, energy sectors
News

Indonesia to launch 2025 hydrogen plan for industry, energy sectors

The Indonesian Ministry of Energy and Mineral Resources (ESDM) is formulating a hydrogen energy plan that is expected to be implemented as early as 2025. The estimated total consumption will be between 125,000 and 245,000 tons.
May 28, 2024
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