by Teuvo Tuomi | Oct 5, 2024 | Energy, Environment, Indonesia, Investment, News, Sustainability, Technology
The Indonesian government has relaxed the local content requirements (LCR) for developing electricity infrastructure to attract funding for renewable energy projects from international development banks. Indonesia is targeting a renewable energy mix of 23% by 2025,...
by Teuvo Tuomi | Jul 14, 2024 | Vietnam, Business, Economy, Energy, News, Sustainability
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) has reported an after-tax loss of VNĐ26.77 trillion (US$1.053 billion) on high electricity production costs, including higher fuel prices and rising foreign exchange rates. In 2023,...
by Teuvo Tuomi | Jul 12, 2024 | Climate, Business, China, Energy, Environment, Lifestyle, News, Sustainability, Visions
Almost 25 million green power certificates, corresponding to 24.8 billion kilowatt-hours of electricity generated from renewable sources, have been traded in the last week of June on the Guangzhou Power Exchange Center in Guangdong province. This marks China’s...
by Teuvo Tuomi | Jul 11, 2024 | Energy, Climate, Environment, Finland, Innovation, News, Shipping, Singapore, Sustainability, Technology, Transportation
Finnish technology group Wärtsilä has supplied its new dual-fuel engine simulators for Wavelink Maritime Institute (WMI), the maritime training arm of the Singapore Maritime Officer’s Union (SMOU). The navigational and technological simulators are a central feature of...
by Teuvo Tuomi | Apr 20, 2024 | Vietnam, Environment, News, Technology, Travel, Visions
The shift towards electric motorbikes in Vietnam is a response to the government’s CO2 emission strategy and the changing dynamics of the traditional motorcycle market. The government’s focus on reducing carbon emissions and promoting sustainable...
