Staff Reporter

Israel to launch carbon tax in 2023

Gradual carbon tax increment will be imposed until 2028.

SEA vigorously navigates energy transition, hurdling odds

The rapid decline in renewables cost provides opportunities for clean energy transition. 

Philippines’ renewable energy for takeoff as coal faces termination

Almost 1,500 MW of wind and solar are now in operation, along with 655 MW of solar that secured financing.

China isolatedly supports 56% of coal power development overseas

China looked increasingly isolated as other nations and financial institutions continue to withdraw from coal. 

India expects hike in commercial and industrial rooftop solar capacity

Emerging technologies for the commercial and industrial rooftop solar market attract long term opportunities.

Malaysia determined to reduce carbon intensity at 45% by 2030

The country sets an increase of 10% reduction of economy-wide carbon intensity.

MHI finalises takeover of Mitsubishi Power operations

The business and employees will integrate into MHI effective 1 October.

Taipower applies to decommission Maanshan nuclear plant

The plant’s 40-year license expires in 2025.

China’s Sinopec to boost natural gas output by 60%

The company plans to go carbon neutral by 2050.

Japan’s largest wind powered green hydrogen plant powers opens in 2024

The plant will produce around 550 tons of hydrogen a year.

Australia’s no. 2 pension fund to abandon thermal coal financing

It plans to invest A$1b in renewables and low carbon energy.

Japan unveils 'ambitious' plan to cut fossil fuel in energy mix to 41%

WoodMac warns that this will have significant ramifications for coal, LNG, and oil demand.

Renewables cheapest source of electricity in 90% of emerging markets: report

88% of electricity demand between 2019 and 2040 will come from emerging markets.

India to exceed 33% carbon reduction goal by 2030: Singh

The power minister said energy transition is taking place at a rapid pace.