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Singapore launches blockchain-based renewable energy marketplace

Companies keen to offset their carbon emissions will be able to purchase renewable energy certificates at Singapore’s first blockchain-powered marketplace, launched by electricity provider SP Group. A blockchain-based marketplace in renewable energy certificates (RECs) has been launched in Singapore, looking to help local and international organizations meet their sustainability goals.    The platform was launched […]

Renewable energy projects raise awareness

An Australian organisation running renewable energy projects in five provinces in collaboration with the Energy and Environment ministries plans to expand them to other provinces. Bridget McIntosh, country director of EnergyLab, said that the three-year projects started last year in Kampot, Kandal, Svay Rieng, Takeo and Prey Veng provinces. She told reporters in Phnom Penh […]

Singapore takes the lead in embracing green energy across ASEAN: report

Rising energy consumption and cost pressures continue to hinder the region’s sustainability efforts, the report said. Singapore is setting an example across ASEAN as it takes the lead in embracing green energy following its moves to transform itself into a trading hub for LNGs, according to Capgemini’s 2018 World Energy Markets Observatory report. Singapore is […]

Philippines’ MGen eyes 1GW renewables output

It wants solar to drive this renewables output. The power generation arm of the Manila Electric Co. (Meralco), Meralco PowerGen Corp., seeks to raise its renewables output to 1,000MW or 1GW in the next two years to three years, BusinessMirror reports. It added that it wants solar power to comprise its portfolio. MGen president Rogelio […]

UK to assist Myanmar with renewable energy projects

The United Kingdom will assist Myanmar in implementing renewable-energy projects. a senior UK official said. Douglas Barnes, director of the UK’s Department for International Trade, made the comment during  a knowledge-sharing workshop for policies and regulations covering renewable-energy use and reducing carbon emissions organised by his agency in Nay Pyi Taw on Monday. “After the workshop, the […]

Blockchain tech is taking on renewable energy trading in Singapore

Key Points Companies in Singapore can now engage in renewable energy certificates trading on a blockchain-powered system from utilities provider SP Group. The idea behind the asset is that firms seeking to offset their non-green energy production can purchase RECs from a company producing excess green power. The use of a blockchain is more than […]

ExxonMobil to contribute US$10m to the Singapore Energy Centre partnership

EXXONMOBIL has announced that it will be contributing US$10m to the Singapore Energy Centre. The announcement was made on 31 October at Singapore International Energy Week 2018. The Singapore Energy Centre was created as a joint effort to transform the energy landscape and address future sustainability challenges. ExxonMobil will be the first founding industrial member […]

Indonesia, UK seek to boost economic ties

Indonesia and the United Kingdom have expressed a wish to strengthen bilateral relations between the two countries amid rising global protectionism sparked by the trade war between the United States and China. Speaking at the Indonesian Briefing forum in London recently, Indonesian Ambassador to the UK Rizal Sukma stressed the importance for both countries of […]

Spoilt for choice, will Singaporeans switch to green power?

The liberalisation of Singapore’s electricity market has given consumers the freedom to choose their electricity providers. Will price comparison platforms like Voltz help Singaporeans switch to green energy? From 1 November, Singaporeans were given the power to choose their electricity provider. This is a first for Singapore residents—households have only been able to buy electricity from the national provider […]

Southeast Asia’s renewables held back by policy inaction: IRENA

In Southeast Asia, though, barring some exceptions such as in Thailand, support for renewables has been smaller, and the region lags far behind others in renewable output despite its potential, especially for solar, geothermal and wind power. New Delhi: Southeast Asia is a potential hotspot for renewable energy, yet the region has not met expectations […]