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Orsted ditches US projects, casts shadow over industry outlook
News

Orsted ditches US projects, casts shadow over industry outlook

Amid high interest rates, inflation and supply-chain woes, U.S. wind-energy sector facing a wave of impairments and forcing developer to cancel projects and casting doubts over the industry’s outlook.
November 03, 2023
Barclays rebuilds carbon trading desk amid global net-zero push
News

Barclays rebuilds carbon trading desk amid global net-zero push

Retreated from carbon trading for over a decade, Barclays Plc is trying to come back to market and appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to Bloomberg report.
November 03, 2023
Gentari, AM Green team up for large-scale green ammonia production
News

Gentari, AM Green team up for large-scale green ammonia production

Gentari, the clean energy division of Malaysia's Petronas, has partnered AM Green to jointly invest, in phases, into a green ammonia platform, AMG Ammonia.
November 02, 2023
Cambodia moves towards solar, wind for rising power demands
News

Cambodia moves towards solar, wind for rising power demands

Cambodia’s Minister of Mines and Energy Keo Rottanak said the country is pivoting to planning a move towards solar and wind energy to meet its rising power needs.
November 02, 2023
BloombergNEF expects global carbon market hits $800 billion in 2023
News

BloombergNEF expects global carbon market hits $800 billion in 2023

Bloomberg New Energy Finance (BNEF)’s latest outlook report has predicted that the global carbon market is set to exceed $800 billion this year, marking a 5% year-over-year growth, even though trade volumes have fallen due to Russia’s war in Ukraine.
November 01, 2023
Indonesia expected new regulation to allow cross-border carbon storage
News

Indonesia expected new regulation to allow cross-border carbon storage

Indonesia is finalizing a regulation that will open up carbon capture and storage (CCS) projects to more industries and allow greenhouse gases from other countries to be stored in Indonesia, a government official said on Oct. 31.
November 01, 2023
Thai airways unveils new uniform with sustainable twist
News

Thai airways unveils new uniform with sustainable twist

Thai Airways has unveiled its new uniform, which blended with recycle material, for female cabin crew last Thursday and expects to launch on 1 January 2024.
November 01, 2023
Indonesia flies first commercial flight with palm oil-blended jet fuel
News

Indonesia flies first commercial flight with palm oil-blended jet fuel

Indonesia conducted its first commercial flight on Oct. 27 using palm oil-blended jet fuel, as the world's largest producer of the commodity pushes for wider use of biofuels to reduce fuel imports.
October 31, 2023
S&P says CCUS not making sufficient progress to achieve 2050 climate goals
News

S&P says CCUS not making sufficient progress to achieve 2050 climate goals

According to an outlook report by S&P Global Commodity Insights, that the world is not making enough progress to achieve the necessary CO2 reductions by 2050 in the carbon capture, utilization, and storage (CCUS) market.
October 31, 2023
G7 offers Vietnam 300 million in grants to cut coal
News

G7 offers Vietnam 300 million in grants to cut coal

Group of Seven (G7) members finalized the $15.5 billion pledge to help Vietnam reach net-zero emissions by 2050, among which offer more than 300 million, accounting for 2% of a total package which made up mostly of costly loans that Hanoi has been relucta
October 31, 2023
Industry leaders worry renewable policies still lagging in Malaysia
News

Industry leaders worry renewable policies still lagging in Malaysia

Malaysia may have target ambitious goals of 70% renewable energy capacity and net-zero emission by 2050, but industry leaders believe that its policies are still lagging behind.
October 30, 2023
Indonesia’s carbon exchange outperforms Malaysia, Japan
News

Indonesia’s carbon exchange outperforms Malaysia, Japan

Indonesia Carbon Exchange (IDX Carbon) has outpaced the performance of similar exchanges in Malaysia and Japan since its initiation on September 26.
October 30, 2023
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