Author: Jordy Leo

12 Jan

Posted at 17:40 by

Japan and Indonesia will jointly develop decarbonization technologies, including hydrogen, ammonia, as well as carbon capture, utilization, and storage (CCUS), under a new memorandum of cooperation (MOC) between the two countries, as reported by Reuters on January 10. Indonesian Energy Minister, Arifin Tasrif, stated that...

11 Jan

Posted at 10:45 by

The Indonesian government has taken back 2,078 mining licenses from miners that failed to fulfill its supply obligations to domestic customers, as reported by Nikkei Asia on January 7. Under Indonesia’s Domestic Market Obligation (DMO) policy, coal miners must supply 25% of their annual output...

11 Jan

Posted at 10:36 by

Temasek Foundation, a non-profit organization under the Singaporean state-owned investment company Temasek Holdings [TMSK:SP], pledged to distribute one free reusable mask to each Singapore resident from January 10, as reported by Straits Times on January 6. ST Engineering [STE:SP] designed the antimicrobial mask with a...

11 Jan

Posted at 10:09 by

Adani Group [ADE:IN], an Indian multinational conglomerate of energy and port, committed to leveraging green bonds to build the world’s largest renewable energy firm, as reported by Nikkei Asia on January 7. The company has already raised USD750m through green bonds in September 2021. Adani’s...

06 Jan

Posted at 11:11 by

Taiwan’s largest pension fund, the Bureau of Labor Funds (BLF), will launch a global climate change-related stock mandate program in 2022, as reported by Reuters on January 5. The mandate with a value of USD2.3bn will refer to Paris Aligned climate-aligned indexes for the benchmark...

05 Jan

Posted at 17:35 by

South Korea’s largest automaker Hyundai Motor Group [005380:KS] revealed its new business focuses of electrification, self-driving technologies, robotics, and urban air mobility (UAM), as reported by Korea Economic Daily on January 3. The company aims to become a superior eco-friendly auto brand and will speed...

05 Jan

Posted at 15:41 by

Reliance Industries [RIL:IN], the largest publicly traded company in India, has signed definitive agreements to acquire a 100% equity in UK sodium-ion battery technology firm Faradion for GBP100m (USD135m), as reported by Bloomberg on December 31. Moreover, Reliance will inject an additional GBP25m (USD33.75m) into...

05 Jan

Posted at 11:13 by

China’s state-owned enterprises (SOEs) must decrease their energy consumption and carbon dioxide emissions per unit of output value by 15% and 18% by 2025 from 2020 levels, respectively, as reported by Reuters on December 30. Additionally, for state-owned electricity generation firms, renewable energy is supposed...

04 Jan

Posted at 17:24 by

India’s Electric Vehicle (EV) start-up Earth Energy plans to spend USD13.4m over the next two years on production capacity expansion, as reported by Economic Times on December 30. According to Earth Energy CEO Rushii Senghani, the company will use the fund for boosting production and...

30 Dec

Posted at 14:37 by

China plans to include financial institutions, non-ferrous metals, and building materials in its national emissions trading scheme (ETS), as reported by Reuters on December 29. Specifically, the non-ferrous metal and building materials sectors are expected to join the ETS market as early as 2022. Other...

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