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RATCH Invests in Vietnam hydropower plant, targets 30% renewables by 2030
News

RATCH Invests in Vietnam hydropower plant, targets 30% renewables by 2030

Thailand-listed company RATCH Group has acquired full ownership of the Minh Luong hydroelectric power plant for $25 million. This move is part of RATCH's ongoing efforts to increase the proportion of renewable energy generation, with the aim of reaching 3
January 04, 2024
Thailand’s BOI approves green investment projects to combat PM2.5 pollution
News

Thailand’s BOI approves green investment projects to combat PM2.5 pollution

The Board of Directors of Thailand’s Board of Investment’s (BOI) have approved measures to promote investments aimed at addressing PM2.5 particulate pollution, according to BOI’s secretary-general, Narit Therdsteerasukdi.
January 03, 2024
Singapore’s electricity prices rise due to higher carbon tax
News

Singapore’s electricity prices rise due to higher carbon tax

Singapore’s gas and electricity prices have risen due to the impact of higher carbon tax, goods and services tax (GST) increments, and rising energy costs.
January 03, 2024
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
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