sumitomo corporation pursues carbon neutrality at vietnam project under azec platform

Sumitomo Corporation pursues carbon neutrality at Vietnam project under AZEC platform

The Asia Zero Emission Community (AZEC) platform shares common principles among member countries in addressing climate change as a global challenge while ensuring energy security, economic growth, and pursuing carbon neutrality through various pathways according to each country’s circumstances.
vietnam explores bypassing evn on direct rooftop solar sales

Vietnam explores bypassing EVN on direct rooftop solar sales

Rooftop solar, waste-to-energy, and biomass power projects may soon bypass state utility EVN for direct sales, according to Deputy Prime Minister Tran Hong Ha.
beacon fund backs cas energy on renewable energy expansion

Beacon Fund backs CAS Energy on renewable energy expansion

Beacon Fund and CAS Energy reached an initial investment agreement in April to advance renewable energy projects integrated with circular agriculture under the climate-smart agriculture model in Vietnam.
usaid funds 11 million to help ho chi minh city achieve net zero emissions goal

USAID funds $11 million to help Ho Chi Minh City achieve net-zero emissions goal

With more than $11 million in funding through the US Agency for International Development, Ho Chi Minh City has stepped up its efforts to facilitate energy efficiency gains and develop and deploy new sources of renewable energy.
dppa decree may require supplements

DPPA decree may require supplements

The draft decree on direct power purchase agreements, if adopted, will be a convenient mechanism for both renewable energy power generation projects and large customers, but there are still concerns about power transmission and expanding the number of electricity buyers.
rooftop solar proposal deemed precautionary step

Rooftop solar proposal deemed precautionary step

A proposal to prevent self-producing and self-consuming rooftop solar power from being connected to the national electricity grid could discourage investors.
citi saw significant energy transition investment in 2023

Citi saw significant energy transition investment in 2023

In the 2023 Climate Report, Citi provides an update on the progress the bank is making towards its net-zero commitment, how it is managing environmental risk, and details the impact of its climate strategy over the past year.
huge capital currently out of reach for steel transition

Huge capital currently out of reach for steel transition

The domestic steel industry may find it very hard to transition towards climate-friendly production due to capital shortages, energy-related issues, and struggles to meet the EU’s new technical requirements.
steelmaking can become climate neutral process

Steelmaking can become climate-neutral process

Steel is one of the world’s most-used materials and a central part of the global economy. Steel’s carbon footprint touches almost every industry, from automotive and construction to machinery, transportation and energy. This makes steel a global priority for decarbonisation.
global climate partnership workshop brings financing opportunities

Global Climate Partnership Workshop brings financing opportunities

More than 80 top-notch professors and experts in financials and economics coming from state management departments, and international organisations, with experience in energy infrastructure, are attending the Green Climate Partnership Workshop 2024 (GCPW) organised by responsAbility in Ho Chi Minh City and Dalat from May 13 to 17.
laos approves feasibility study of floating solar farm

Laos approves feasibility study of floating solar farm

The Lao Government has allowed Liankham Trading Sole Co., Ltd. to carry out a feasibility study on the construction of a floating solar energy generation plant with a capacity of up to 1,500-1,600 MW.
chinese firms win most bids to explore iraq oil and gas

Chinese firms win most bids to explore Iraq oil and gas

Chinese energy companies won bids to explore 10 Iraqi oil and gas fields during new licensing rounds, ahead of any other foreign country, Iraq's oil ministry said Monday.
vietnam remains focused on evs for sustainable growth

Vietnam remains focused on EVs for sustainable growth

According to a recent HSBC report, Vietnam is advancing its green energy transition rapidly while prioritising electric vehicles (EVs) as a key driver of sustainable economic growth.
cai mep lng terminal to start commercial operations in september 2024

Cai Mep LNG Terminal to start commercial operations in September 2024

AG&P LNG, a subsidiary of Nebula Energy, along with its partner, Hai Linh Co., Ltd., a prominent petroleum product import terminal and trader, have announced the start of the commissioning of Cai Mep LNG Terminal.
wide participation can boost nations energy transition

Wide participation can boost nation’s energy transition

Vietnam is pushing ahead with the energy transition by involving synchronous solutions and joint contributions of society.