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Philippines greenlights 16 offshore wind farms, with first GW-scale project by CIP
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Philippines greenlights 16 offshore wind farms, with first GW-scale project by CIP

Philippine approved the construction of 16 offshore wind farms, with an estimated potential capacity of 7,668 MW. The one built in San Miguel Bay with an installed capacity of 1 GW is going to be the first and largest offshore wind farm in the country.
June 25, 2024
Singtel expands internal carbon pricing policy to drive down emissions
News

Singtel expands internal carbon pricing policy to drive down emissions

Singapore's Singtel has announced the expansion of its internal carbon pricing policy. Going forward, any project with total carbon emissions exceeding 100 tons will be subject to a carbon price of SGD 50 per ton (about USD 37).
June 25, 2024
Pertamina announces $6.2 billion clean energy investment, targets 6 GW by 2029
News

Pertamina announces $6.2 billion clean energy investment, targets 6 GW by 2029

Indonesia’s state-owned oil company, Pertamina, announced on June 21 that it will invest $6.2 billion over the next five years to expand its renewable energy development.
June 24, 2024
A greenhouse gas shipping levy is on the horizon
News

A greenhouse gas shipping levy is on the horizon

A charge on emissions for cargo vessels would become the first global carbon price, but disagreements on system design and starting prices remain.
June 21, 2024
Johor requires green energy for data centers to tackle power and water challenges
News

Johor requires green energy for data centers to tackle power and water challenges

To meet the demands of cloud computing and artificial intelligence (AI), investments in data centers in Malaysia have surged. However, this has raised concerns about the shortage of power and water in Selangor, Johor.
June 20, 2024
Thailand's new power plan aims for 51% renewable energy by 2037
News

Thailand's new power plan aims for 51% renewable energy by 2037

Thailand's latest power development plan (PDP) raises the renewable energy generation target from the previous 36% to 51%. However, some renewable energy industry stakeholders believe that the country should set even more ambitious goals.
June 20, 2024
Pupuk Indonesia expands clean ammonia production to meet Japan, Korea's demands
News

Pupuk Indonesia expands clean ammonia production to meet Japan, Korea's demands

Pupuk Indonesia, an Indonesian state-owned fertilizer company, is dedicated to accelerating their development of clean ammonia products, with a primary focus on adopting the demands of countries like Japan and South Korea.
June 19, 2024
Over 800 coal plants in emerging markets can transition to renewables profitably, IEEFA finds
News

Over 800 coal plants in emerging markets can transition to renewables profitably, IEEFA finds

The U.S. think tank IEEFA's new report indicates that more than 800 coal-fired power plants in emerging markets could transition to renewable energy profitably, creating more investment opportunities for the decarbonization of the energy industry.
June 19, 2024
Malaysia is emerging as a data center powerhouse while Thailand is trying to keep up
News

Malaysia is emerging as a data center powerhouse while Thailand is trying to keep up

AI drives Southeast Asia data center boom. Johor Bahru, at the Malaysia-Singapore border, is emerging as Southeast Asia's fastest-growing data center city. This rise could position Malaysia to surpass Singapore as the region's largest hub.
June 18, 2024
Thai petroleum giants venture into pet care and coffee shops ahead of EV era
News

Thai petroleum giants venture into pet care and coffee shops ahead of EV era

Thai gas stations are increasingly diversifying into non-oil businesses such as pet care and coffee as gasoline sales decrease. This shift is driven by the government's target for 30% of domestic car production to be EV by 2030.
June 14, 2024
Why isn’t China’s emissions growth slowing like its GDP?
News

Why isn’t China’s emissions growth slowing like its GDP?

Despite slowing GDP growth, coal consumption is on the up, largely due to a failure to improve energy efficiency.
June 14, 2024
West African countries urge adding carbon offset to corporate net zero standards
News

West African countries urge adding carbon offset to corporate net zero standards

In early June, ten West African countries wrote to the Science Based Targets initiative (SBTi), urging that carbon offsets be included in corporate net zero standards, allowing companies to offset their emissions.
June 14, 2024
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