Market News

Many industrial areas face the risk of power shortages in 2024, which will undermine production, tenants, and investment.

The government is removing the need for permits to install solar rooftop panels for factory operators, aimed at increasing the use of clean electricity.

Vietnam is emerging as an increasingly important production hub for Apple as the iPhone maker seeks to reduce its dependence on China. (Nikkei montage/Source photos by AP)

Investors are showing a tendency to seek out green industrial zones, but supply remains limited due to high investment capital and a lack of interest from management companies.

Singapore’s Energy Market Authority (EMA) on October 24 announced that it has given tentative approval for plans to import 1.2 gigawatts (GW) of primarily wind-generated electricity from Vietnam.

Fabby Tumiwa is executive director of the Institute for Essential Services Reform, an energy and environmental policy think tank in Jakarta, and chairman of the Indonesian Solar Energy Association. Marlistya Citraningrum is program manager for sustainable energy access at the institute and managing director of its SolarHub information portal. With countries racing to reduce emissions

Answering Tuoi Tre newspaper, Mr Samresh Kumar – Chairman and CEO of SkyXSolar, has brought a critical facet of rooftop solar power that the systems (RTS) do not affect the transmission lines by installing zero-export devices. Although there are many economic and non-economic benefits, there are currently challenges faced in the implementation. On the ground, rooftop solar developers and investors

Some countries have already adopted such a tax and discussions are ongoing in others. There are proponents of a global carbon tax too. Yet, governments are often keener to adopt measures other than a tax to contain carbon emissions. And amongst countries that have adopted a carbon tax, the levels vary substantially, and other measures exist alongside it. It is natural to ask why a carbon tax is not used universally in preference to other policies to limit emissions and why, even if there is such a tax, other policies are needed too

At the COP26 climate conference last year, Vietnam’s Prime Minister Pham Minh Chính unexpectedly announced a target of reaching net-zero by 2050. The country also signed the Global Coal to Clean Power Transition statement, in which it committed to rapidly scale up renewables and build no more new coal power plants. This is a major

The need for a rapid transition to clean energy is enabling new developments in the renewable sector. Businesses and industries are moving towards renewable energy to reduce emissions, lower energy costs, and improve eco-friendliness. The major trends in the renewable sector include digitization, energy-efficient integrations, and solutions that overcome the intermittency in renewable energy production.