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The Vietnam Steel Association has announced that Vietnam’s steel industry has targeted to achieve carbon neutrality by 2050 and has started transitioning to a greener model of production.

Renewable energy deals are spreading across Southeast Asia as the region works to transition away from fossil fuels, with electricity-hungry Singapore as a driving power.

Indonesia plans to launch its first carbon trade next week, aiming to provide companies a mechanism to offset their emissions, while offering funding for carbon reduction projects.

Singapore’s first electric cargo vessel is scheduled to begin trials and launch in the fourth quarter to support the electrification of marine craft.

Sabah draws a 17-year plan that is meant to tackle the state’s chronic power issues while also establishing a long-term action plan for energy industry.

LEGO said its new $1 billion plant in Vietnam will begin operations in the second half of 2024. This will be LEGO’s first carbon-neutral factory, powered by solar energy.

Amazon announced that it will help fund the direct air capture technology by purchasing 250,000 tons of carbon removal over the next decade.

Malaysia’s PM said that climate change poses a significant global threat. To comat climate crises, the country is seeking to enhance cooperation in green technologies with Japan and South Korea.

The Java 9 and 10 SCR power plant is preparing to become the first hybrid power plant to use green ammonia and green hydrogen in its production process to support net zero.

ACEN announced that its subsidiary had agreed with Indonesian company to explore potential renewable energy projects in Indonesia.

Reccessary brought together roughly 50 professionals from manufacturing, energy, and financial service sectors, as well as the consulting industry in Taipei on Sept. 13 to navigate the path to a sustainable supply chain.

Thailand is expected to announce a new energy price structure around the end of this year or early 2024 to attract businesses to invest in renewable energy projects.