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Concerns arise as Indonesia JETP progresses slowly in coal transition
News

Concerns arise as Indonesia JETP progresses slowly in coal transition

After nearly 18 months, Indonesia's efforts to expedite its shift towards clean energy are stalling, with minimal progress made in phasing out coal plants.
April 18, 2024
Transition credits need to be at least $30 to hasten coal phase-out: CIX chief
News

Transition credits need to be at least $30 to hasten coal phase-out: CIX chief

Mikkel Larsen, CEO of Climate Impact X, suggested that the pricing of transition credits should start at $30 per ton to effectively encourage the early retirement of coal-fired power plants while ensuring fairness in the transition to green energy.
April 18, 2024
Solar Philippines’ joint venture partner secures loan for Indonesia's largest solar farm
News

Solar Philippines’ joint venture partner secures loan for Indonesia's largest solar farm

Energy firm Solar Philippines announced that its Jakarta-based partner has secured a loan to finance the largest ground-mounted solar project in Indonesia.
April 17, 2024
SBTi releases an official clarification to its Scope 3 statement
News

SBTi releases an official clarification to its Scope 3 statement

Considering the recent controversies surrounding the Science Based Targets initiative (SBTi) changing its stance on offsetting Scope 3 emissions, the Board of Trustees has issued an additional clarification to its initial statement.
April 17, 2024
Vietnam’s major manufacturing city aims to establish first green economic zone
News

Vietnam’s major manufacturing city aims to establish first green economic zone

Vietnam’s Haiphong city government focused on sustainable economy with its proposal of “Southern Coastal Economic Zone” (EZ) and aims to become Vietnam's first green economic zone.
April 17, 2024
Singapore pursues low-carbon methanol development to lead maritime fuel innovation
News

Singapore pursues low-carbon methanol development to lead maritime fuel innovation

Singapore, as the world's largest maritime fuel supply center, is actively developing alternative fuels in response to the global net-zero trend. According to State for Sustainability and the Environment, Singapore is confident in supplying 1 million tons
April 17, 2024
Vietnam plans to boost rooftop solar with surplus power wholesale mechanism
News

Vietnam plans to boost rooftop solar with surplus power wholesale mechanism

The Vietnamese Ministry of Industry and Trade held a meeting to discuss “The draft of rooftop solar power stimulus package” on Apr. 10. Minister Nguyen Hong Dien revealed that surplus electricity can be sold to power companies for financial gain.
April 16, 2024
Frasers Property works with SP Group to install solar panels across seven properties
News

Frasers Property works with SP Group to install solar panels across seven properties

Frasers Property is collaborating with SP Group to install nearly 4,500 square meters of solar panels across seven of its retail and commercial properties in Singapore. This is the largest single solarization rollout for retail malls in the country.
April 16, 2024
Malaysia establishes Energy Exchange Malaysia for cross-border trading of green power
News

Malaysia establishes Energy Exchange Malaysia for cross-border trading of green power

The Malaysian government has agreed to set up the Energy Exchange Malaysia (Enegem) to facilitate cross-border trading of green electricity to neighboring countries.
April 16, 2024
Green investment resumes growth in Southeast Asia, but falls short of emission reduction targets
News

Green investment resumes growth in Southeast Asia, but falls short of emission reduction targets

Green transformation investment in Southeast Asia has resumed growth, increasing significantly by 20% in 2023. However, it remains far from sufficient to achieve emissions reduction goals.
April 16, 2024
Strategies for Scope 2 decarbonization: RECs, PPA, VPPA, and more
Research

Strategies for Scope 2 decarbonization: RECs, PPA, VPPA, and more

What is the best way to decarbonize your power use in Southeast Asia? This article explains the 4 major power purchase mechanisms and their advantages and considerations.
April 15, 2024
Istanbul Airport will become first airport powered by solar energy
News

Istanbul Airport will become first airport powered by solar energy

Istanbul Airport, among the busiest transportation hubs globally, is set to become the world's first airport to meet its entire electricity demand through solar energy. This will be achieved via a solar plant to be constructed in Eskisehir, central Turkey
April 15, 2024
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