Govt's Electric Vehicle Incentives to Involve House Legislators
The government is currently formulating a special incentive for electric vehicle consumers aimed to encourage the public to switch to transportation with renewable energy sources in 2023. The incentives will likely come as a discount on purchasing electric cars and electric motorcycles.
Gotion JV plans EV and BESS battery pack and module gigafactory in Thailand
Gotion High-Tech’s local subsidiary aims to build a battery pack and module gigafactory in Thailand targeting the electric vehicle (EV) and stationary storage markets.
Asian Development Bank approves US$50 million loan to Cambodia for energy transition programme
The Manila-based Asian Development Bank (ADB) has approved a US$50 million loan to Cambodia to support its energy transition programme, a news release has said.
Designing a carbon tax road map for Indonesia’s green transition
Mitigating climate change requires controlling carbon emissions, which can be supported by carbon trading and taxation. For example, the Energy and Mineral Resources Ministry has piloted a carbon trading market in 2021 with 32 coal-fired power plants conducting 28 transactions consisting of 42,455 tons of CO2.
Solar rooftop installation to power Thai Bridgestone’s production facilities
A solar array with a 9.95MWp total capacity has been fitted to the roof of Thai Bridgestone’s (TBSC) Nong Khae plant, in the Saraburi province of Thailand.
TGE to ramp up carbon credit sales
Thachang Green Energy Plc (TGE), a biomass power plant developer and operator, is planning to increase its long-term revenue by trading more carbon credits from its facilities in the southern province.
Govt to spend RM10bil to subsidise electricity tariffs
The government will be allocating RM10.76 billion to subsidise electricity tariffs to assist Malaysians, says natural resources, environment and climate change minister Nik Nazmi Nik Ahmad.
PH to lure RE technology, investments from Europe
Department of Trade and Industry (DTI) Undersecretary Ceferino Rodolfo said the country targets to attract investments from Europe for technology transfer and development of the renewable energy sector here.
