Market News

ASEAN can be a power in solar energy with teamwork

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 …

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đź“° Rooftop Solar Power: Awaiting the Mechanism

Answering Tuoi Tre newspaper, Mr Samresh Kumar – Chairman and CEO of #SkyXSolar, has brought a critical facet of #rooftopsolar power that rooftop solar 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 …

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Carbon Tax: Is it a solution to decrease carbon emissions?

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

Vietnam breaks coal dependence to achieve the net-zero target

At the COP26 climate conference last year, Vietnam’s Prime Minister Pham Minh ChĂ­nh 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 …

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Top 10 Renewable Energy Trends & Innovations in 2022

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. …

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Vietnam Resorts Harnessing The Sun To Attract Tourists

In recent years, Vietnam has embraced renewal energy sources, particularly solar, and now its important tourism sector looks set to do the same to reduce carbon emissions and attract guests looking for more sustainable travel options. Vietnam is the leading country in Southeast Asia in terms of installed solar capacity according to a World Bank Report. …

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How Can Asia Achieve a Clean Energy Transition? Examples from 5 Countries

Nowhere in the world is as critical for the clean energy transition as Asia, which accounts for almost half of global energy demand and is today the world’s highest emitting region, overtaking historical heavy emitters in North America and Europe. Despite economic challenges posed by the COVID-19 pandemic, many countries in the Asia-Pacific region continued to witness record-breaking growth …

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Increase Of Renewable Energy Certificates Supports Asia’s Strong Renewables Pipeline

We expect Asia to be a strong performer in hydropower and non-hydro power renewables, with robust capacity growth in the coming decade, increasing the supply of Renewable Energy Certificates (RECs) in the region. At the global climate conference, COP26 in November, various Asian markets declared their commitment to achieving net-zero emissions within this century. This included …

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Road to Net Zero: Global assessment of the clean energy pathway

The much-awaited United Nations Cli­mate Change Conference COP26 was held at Glasgow in November 2021. Around 120 leaders from co­untries around the globe deliberated on ad­dressing the urgent climate-related ris­ks and agreed that countries must do mu­ch more to combat this global challenge. Many nations announced their commitme­nts towards accelerating their energy transition agendas and …

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