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ACEN to invest $15 billion to expand renewable power capacity
News

ACEN to invest $15 billion to expand renewable power capacity

ACEN Corp., the energy arm of Philippine conglomerate Ayala Corp., anticipates investing $15 billion to expand its renewable power generation capacity to 20,000 MW by 2030.
April 26, 2024
EU offers $30 million for carbon removal project proposals
News

EU offers $30 million for carbon removal project proposals

The European Commission has announced a $30 million call for proposals to provide funding support for carbon removal projects in the region.
April 25, 2024
Study to explore Singapore’s geothermal potential set to begin later this year
News

Study to explore Singapore’s geothermal potential set to begin later this year

A S$16 million two-year nationwide study to assess Singapore’s geothermal power potential expected to commence in the second half of 2024, according to the Energy Market Authority (EMA).
April 25, 2024
Vietnam's wind power industry upbeat despite regulatory delays, report says
News

Vietnam's wind power industry upbeat despite regulatory delays, report says

According to the 2024 Global Wind Energy Report, Vietnam's wind power industry showed signs of hope in 2023 after a challenging year. It also calls on the government to accelerate the formulation of regulations through inter-ministerial tasks.
April 25, 2024
Thai renewable energy firms form strategic alliance for waste-to-energy projects
News

Thai renewable energy firms form strategic alliance for waste-to-energy projects

Four renewable energy companies in Thailand have announced the formation of a strategic alliance to jointly invest in waste-to-energy projects. They plan to construct a total of 12 power plants with a combined installed capacity of 96 MW.
April 25, 2024
Micro hydro power plant brings light to village in West Java
News

Micro hydro power plant brings light to village in West Java

The Gununghalu village, situated in Indonesia's West Bandung Regency in West Java, serves as an exemplary model for achieving renewable energy independence, with implications applicable worldwide.
April 24, 2024
Sarawak aims to lead as clean hydrogen hub with abundant hydropower
News

Sarawak aims to lead as clean hydrogen hub with abundant hydropower

Sarawak, a state abundant in oil resources, is poised to emerge as a hub for clean hydrogen energy. Leveraging its ample hydropower reserves, it seeks to overcome obstacles hindering the fuel's potential elsewhere.
April 24, 2024
Global plastic treaty talks face uncertainty amid opposition from oil and gas producers
News

Global plastic treaty talks face uncertainty amid opposition from oil and gas producers

“Global plastic treaty” took place on Apr. 23 in Ottawa, where international representatives gathered to discuss on how to halt plastic pollution. However, with opposition from major oil and gas countries, reaching a consensus on the draft remains uncerta
April 24, 2024
Sam Altman ventures into renewable energy to tackle data center power demands
News

Sam Altman ventures into renewable energy to tackle data center power demands

Sam Altman, OpenAI CEO, to address the massive power demands of data centers, has recently expanded into renewable energy, particularly focusing on solar power and energy storage, alongside investments in nuclear fusion technology.
April 24, 2024
Carbon capture can help reduce Singapore’s emissions, but huge challenges remain
News

Carbon capture can help reduce Singapore’s emissions, but huge challenges remain

The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.
April 23, 2024
IETA unveils new guidelines for companies on carbon credits
News

IETA unveils new guidelines for companies on carbon credits

The International Emissions Trading Association (IETA) has release new guidance for businesses looking to use carbon credits in their pursuit of climate goals.
April 23, 2024
New SBTi standard to drive renewable energy certificate market changes: expert
News

New SBTi standard to drive renewable energy certificate market changes: expert

The Science Based Targeting Initiative (SBTi) will allow companies to offset Scope 3 emissions using carbon credits, a move that could trigger greenwashing controversies or significantly change the renewable energy certificate (REC) and carbon credit mark
April 23, 2024
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