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Philippines

Higher Generation Costs Push Philippine April Rates up

Higher generation cost has driven the overall rate for a typical household in the Philippines up by P0.53 to P10.18 per kilowatt-hour (kWh) in April, the Manila…

Energy Transition

Asia Needs to Increase RE Capacity 4 Times by 2030 to Fulfil Climate Targets

Asia has to increase its renewable energy capacity by four times to reach 5,442 gigawatts (GW) by 2030 from 1,338GW in 2020 to meet the target of limiting globa…

Solar Power Panel

World’s First Ocean Crossing by a Solar-Electric Vessel

Mahi Two, a Torqeedo-powered uncrewed surface vessel (USV), has become what is believed to be the first to cross the Atlantic Ocean using only solar power.

Philippines

Philippines to Speed up Decarbonisation of Power Sector

The Philippines is expected to accelerate the decarbonisation of its energy sector amidst increasing investor interest and rapidly expanding project pipeline, F…

Net Zero Emission

Global Green Finance Increased 100x in Last Decade

Green finance worldwide has grown by more than 100 times in the last decade.

Energy Transition

Portugal to Speed up Renewable Energy Programme amid Russia-Ukraine Conflict

Portugal aims to accelerate its energy transition and increase the proportion of renewable sources by 20 percentage points to 80 per cent of its electricity out…

Hydrogen Production

European Hydrogen Development and Opportunities

The war in Ukraine has made the security of energy supply a top priority, increasing pressure in Europe to accelerate the transition to cleaner fuels, including…

Electric Car

Biden Invokes Defense Production Act to Boost Mineral Production for Renewable Energy, EVs

Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden will invoke the Defense Production Act this week to increase the mining of cri…

Net Zero Emission

No G20 Government Is Delivering on Their Promises, Says Report

No G20 government has implemented sufficient and concrete policies to match their promises to tackle climate change made at COP26 in Glasgow last year, accordin…

Solar Power Plant

Malaysia Pioneers Large-Scale Solar Project

Malaysia’s government plans to increase the share of renewable energy in its installed capacity to 31% in 2025 and 40% in 2035 under its power generation plan.…

Russian Federation

Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas

The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…

Crude Oil

Middle East Crude Grades Feel the Pressure as Russian Urals Head to Asia

Buying interest among Asian refiners for some medium sour Middle East crude grades loading in May has weakened as cheaper Russian Urals crude cargoes increasing…

United Kingdom

UK Falling Behind Germany and South Korea in Its Plans to Increase Low-Carbon Hydrogen and Reach Net Zero

Research conducted by Cornwall Insight into countries that have branded themselves as potential leaders in the new hydrogen economy, has seen the UK rank 5th ou…

Oil Price

India's Energy Dilemma: Is Cheap Russian Oil Worth Tensions with West?

India, Asia’s third-largest economy, faces a dilemma. It hopes to increase imports of Russian oil, currently an abundant source in a tight market, but the move…

Coal Mine

Climate Impact From China’s Coal Push Visible From Space

China’s increased reliance on coal to combat an energy shortage was never going to bode well for its ambitions to cut planet-warming emissions.