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5 trends that will shape green industry in 2024
News

5 trends that will shape green industry in 2024

IEA estimates that global renewable energy generation capacity will exceed 4,500 GW by 2024. Businesses are keen to know sustainable green energy trends. Eco-business has summarized 5 key factors of changing industries and societies.
January 03, 2024
Local content rules hampering 9 renewable energy projects in Indonesia
News

Local content rules hampering 9 renewable energy projects in Indonesia

Nine new renewable energy projects totaling Rp 51 trillion have faced financing dry up as international lender’s unwillingness to meet government local content requirements (LCR), state-owned electricity firm PLN said on 26.
January 02, 2024
Food producers switch to greener fertilizers to cut carbon footprints
News

Food producers switch to greener fertilizers to cut carbon footprints

Global leading food and drinks producers are rushing to reduce carbon footprint by tackling one of the hidden culprits of emissions in value chains: fertilizers.
January 02, 2024
Vietnam's renewable energy sprung up, but localization is slow
News

Vietnam's renewable energy sprung up, but localization is slow

Experts generally agree that Vietnam leads other ASEAN countries regarding total installed capacity and project development in renewable energy. However, there are concerns about insufficient localization.
December 29, 2023
Thai residential solar installation hits record as electricity rates surge
News

Thai residential solar installation hits record as electricity rates surge

Due to the persistently high electricity rates in Thailand, people are increasingly turning to solar power. This year, a total of 1,878 applications were successfully submitted for the "Residential Solar Project", marking a new record since the project's
December 29, 2023
Vietnam earns more than $41 million from selling forest carbon credits
News

Vietnam earns more than $41 million from selling forest carbon credits

Vietnam has received more than 41 million U.S. dollars from selling forest carbon credits as part of an emission reduction deal with the World Bank. The money is transferred to localities to pay locals and communities to protect forests.
December 28, 2023
OCBC to create decarbonization fund to aid Southeast Asia’s energy shift
News

OCBC to create decarbonization fund to aid Southeast Asia’s energy shift

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.
December 28, 2023
Indonesia vice presidential debate: CCS in the spotlight
News

Indonesia vice presidential debate: CCS in the spotlight

The issue of Carbon Capture and Storage (CCS) was debated by Gibran Rakabuming Raka and Mahfud MD during the vice presidential debate last Friday. This unexpected topic of question has become widely discussed.
December 28, 2023
Philippine Congressional think tank questions need for carbon tax
News

Philippine Congressional think tank questions need for carbon tax

The latest report from Philippine Congress think tank indicates that the Philippines has relatively lower carbon emissions, suggesting that imposing a carbon tax may not be necessary.
December 28, 2023
KLCC embraces food waste management for long-term sustainability
News

KLCC embraces food waste management for long-term sustainability

Malaysia’s Kuala Lumpur Convention Centre (KLCC) converted 23,950 kg of food waste into compost from January to December this year, utilizing its composting facility established in 2022.
December 27, 2023
Blue Bird invests Rp250 billion in IKN for greener transport
News

Blue Bird invests Rp250 billion in IKN for greener transport

Indonesian President Joko Widodo launched the eco-friendly public transportation project on Dec. 21 in the new capital of Nusantara (IKN), East Kalimantan, in collaboration with Blue Bird, the largest taxi service company in the country.
December 27, 2023
Vietnam has no buildings meet “net-zero” emission criteria yet: official
News

Vietnam has no buildings meet “net-zero” emission criteria yet: official

Vietnam aims to achieve net-zero by 2050 and requires the construction industry to reduce 74.3 million tons of CO2 equivalent. However, officials from MONRE stated no building in Vietnam has been designed, constructed, or managed to meet net-zero.
December 27, 2023
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