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Vietnam experiments on carbon capture and storage
News

Vietnam experiments on carbon capture and storage

Vietnam Petroleum Institute (VPI) and Smart Geophysics Solutions JSC (SGS) on June 26 jointly organized the "Test and Simulation of Carbon Capture, Utilization and Storage (CCUS)" international scientific conference.
July 06, 2023
Australia commits $50m to Indonesian SMEs for energy transition
News

Australia commits $50m to Indonesian SMEs for energy transition

Australia will provide $50 million in climate funding to Indonesia’s small and medium enterprises (SMEs) as well as startups for energy transition, according to Australian Prime Minister Anthony Albanese.
July 06, 2023
China says no way to set the same carbon price as EU now
News

China says no way to set the same carbon price as EU now

It is now impossible to ask China to set the same carbon price as the EU, as the two sides' carbon prices were set under different development conditions and emission goals, said a Chinese climate official, who also criticized EU's new carbon tariff as "u
July 05, 2023
Ho Chi Minh City carries out trial of carbon credit trading
News

Ho Chi Minh City carries out trial of carbon credit trading

After being approved by the Vietnamese Congress, Ho Chi Minh City will pilot a " Carbon Credit Exchange and Clearing Mechanism", starting from August 1st.
July 05, 2023
Statkraft inks 10-year PPA with Telenor for Finnish wind power
News

Statkraft inks 10-year PPA with Telenor for Finnish wind power

Norwegian renewable energy company Statkraft has signed a 10-year power purchase agreement (PPA) with Telenor, agreed to provide clean energy to the telco’s Finnish subsidiary DNA .
July 05, 2023
China is set to hit wind and solar target five years ahead of plan
News

China is set to hit wind and solar target five years ahead of plan

China is on track to double its wind and solar power capacity and reach its 2030 clean energy targets five years early, a new report has found.
July 04, 2023
EU supports Vietnam with 142 mln euros for energy transition
News

EU supports Vietnam with 142 mln euros for energy transition

Vietnam’s Ministry of Industry and Trade (MOIT) and the EU delegation to Vietnam held a policy dialogue on the Sustainable Energy Transition Program (SETP) in Hanoi on June 30. The EU will provide 142 million euros through Official Development Assistance
July 04, 2023
Vietnam aims to be Southeast Asia renewables leader but challenges remain
News

Vietnam aims to be Southeast Asia renewables leader but challenges remain

Vietnam is poised to become a regional leader in renewables, an energy policy official said. Still, challenges faced by investors such as uncertainty in the regulations and the shortage of infrastructures remain.
July 04, 2023
Vietnam’s Viglacera significantly reduced its carbon footprint by using green energy
News

Vietnam’s Viglacera significantly reduced its carbon footprint by using green energy

Vietnam Television held a forum on June 27 with the theme of "Net Zero: Green Energy Transformation - An Opportunity for Leaders", emphasizing the country's goal of achieving carbon neutrality by 2050. On the forum, Viglacera Cooperation was named as one
July 03, 2023
Solarpack inks 10-year solar PPA with Shell
News

Solarpack inks 10-year solar PPA with Shell

Spanish solar energy company Solarpack on June 29 said that it has closed a 10-year power purchase agreement (PPA) with energy giant Shell.
July 03, 2023
World Bank approves clean electricity project in Indonesia
News

World Bank approves clean electricity project in Indonesia

The World Bank said on June 27 it had approved a $1.14 billion project to expand access to cleaner electricity in Indonesia, for which it will provide $500 million in financial support.
July 03, 2023
VCMI launch standard to rate company’s carbon offset claims
News

VCMI launch standard to rate company’s carbon offset claims

A standard to assess cooperate’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on June 28 by VCMI aiming to bring transparency and confidence to an unregulated market.
June 30, 2023
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