Bursa Carbon Exchange Completes First REC Auction
Bursa Carbon Exchange has successfully carried out its inaugural auction of renewable energy certificates (RECs) which saw 15 buyers from various industries purchasing a total of 268,800 Hydropower Renewable Energy Certificates from vintage year 2024 (HRECv24) Contracts.
Vietnam-Russia agreement for a Nuclear Technology Center
Vietnam and Russia recently signed an agreement to build a Nuclear Science and Technology Center in Vietnam. This collaboration aims to strengthen the country’s nuclear capabilities, with discussions on the integration of modular reactors of various sizes.
Indonesia Pursues Clean Hydrogen as Global Demand Expected to Rise
The Coordinating Ministry for Maritime and Investment Affairs stated that the government is currently developing five hydrogen projects. “To produce green and blue hydrogen, we utilize the country’s significant renewable energy resources and carbon storage capacity,” said the ministry’s deputy, Jodi Mahardi on, Wednesday, June 19, 2024.
DOE: Foreign investors eyeing hydrogen contracts in PH
The Department of Energy (DOE) revealed that several businesses from North America, Europe, and Australia are interested in competing for contracts for hydrogen projects in the Philippines.
Indonesia civil society groups raise concerns over proposed Borneo nuclear reactor
Indonesia’s largest environmental advocacy group, Walhi, staged demonstrations in Jakarta and West Kalimantan province to raise awareness about a proposed nuclear power plant in West Kalimantan’s Bengkayang district.
Singapore aims to build pool of about 100 nuclear energy experts
Singapore has not made any decision on the deployment of nuclear energy and is unable to commit to a timeline on taking a position regarding it, says Second Minister for Trade and Industry Dr Tan See Leng.
YTL PowerSeraya to build new 600MW hydrogen-ready turbine by 2027
YTL PowerSeraya (YTLPS) has won the right to build, own and operate a new turbine, which will raise Singapore’s electricity generation capacity by the end of 2027.
Malaysia’s first large-scale green hydrogen project to use floating solar power
Malaysian company Semarak Renewable Energy (RE) and China Hydropower (Malaysia), a subsidiary of PowerChina, have signed an agreement to develop Malaysia’s first large-scale green hydrogen production project using floating photovoltaic power generation.
