Vietnam Signs USD 15.5 billion Deal to Cut Down Fossil Fuel

Vietnam Signs USD 15.5 billion Deal to Cut Down Fossil Fuel

Under a new Just Energy Transition Partnership (JETP) signed in December 2022, developed countries will mobilize USD 15.5 billion in public and private finance over the following 3-5 years to assist Vietnam’s 2050 net zero goals.  Rich countries, the Asian...
Malaysia’s BCX Allows Exchange of Voluntary Carbon Credits

Malaysia’s BCX Allows Exchange of Voluntary Carbon Credits

Malaysia’s Bursa Carbon Exchange (BCX) is the world’s first carbon trading exchange, which encompasses standardized carbon credit products to be traded on the platform. It fosters Malaysian companies to exchange carbon credits from climate-friendly...
Hyundai Signs Aluminum Supply Deal with Indonesia’s Adaro Minerals

Hyundai Signs Aluminum Supply Deal with Indonesia’s Adaro Minerals

In November 2022, Hyundai Motor Company signed a deal with PT Adaro Minerals Indonesia Tbk, to secure a stable supply of aluminum, a key material required for electric vehicle manufacturing. The collaboration marks Hyundai Motor’s commitment to accelerating the...
Finland to Support Vietnam with Climate Change Technologies and Strategies

Manila Water to Build 12 More Sewage Treatment Plants

Manila Water, one of the two major water concessionaires that provide water supply, wastewater, and sanitation services and is covering the East Zone of Metro Manila, will be growing its sewage treatment facilities. Generally, Manila Water is setting aside USD 3.15...
Shell Appoints MHB To Provide Solar-Powered Platform for Gas Project

Shell Appoints MHB To Provide Solar-Powered Platform for Gas Project

Sarawak Shell Bhd has appointed Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) as a provider of engineering, procurement and construction (EPC) services relating to an offshore platform for the Rosmari-Marjoram gas project located off the coast of Sarawak....
Singaporean Company to Develop Green Hydrogen Plant in Indonesia

Singaporean Company to Develop Green Hydrogen Plant in Indonesia

Carbon Governance, a Singaporean green energy project developer, recenlty signed a long-term land leasing agreement with an unknown Indonesian firm for a location in Indonesia that will house a green hydrogen production facility with a daily output of 30,000 kg. The...
Singapore Considers Offshore Hybrid Renewable Energy System

Singapore Considers Offshore Hybrid Renewable Energy System

Two universities in Singapore, National University of Singapore and Nanyang Technological University have together teamed up with Keppel Infrastructure to study the development of an offshore hybrid renewable energy system for continuous power generation. This would...