Renewable energy, despite the rapid scale-up in capacity in recent years and sharp cost reductions, is still unable to replace fossil fuels in Asia due to obsolete power grids and lack of storage

Construction started June 8 at Europe's biggest solar park, a 650 MW project at a former lignite mine in Eastern Germany. Developer Moveon Energy plans to start commercial operations in Q2 2023, it

Ukraine will suspend any natural gas shipments overseas and will accumulate all domestically produced gas as part of emergency planning ahead of the country's "most difficult winter" since 1991, Ukrainian President Volodymyr Zelensky

The shutdown of the US Freeport LNG terminal is bad news for Japan, where local power utilities are stockpiling LNG for the country's summer power demand season beginning in a few weeks, with

Taiwan's U-Ming Marine Transport Corporation is advancing its fleet renewal plan, with dry bulk carriers opting for energy-saving and environmentally friendly features as emissions reduction goals loom in international shipping. The company aims

Singapore-based Temasek Holdings has established an investment platform with an initial funding of S$5 billion ($3.63 billion) for businesses in the decarbonization and climate-change mitigation sector called GenZero, the company said in a

Southeast Asian countries collectively still face a gap of 2.6-3.2 billion mt in emission reductions compared to their 2030 targets, a report by U.S. consultancy Bain & Company and Singapore's state-owned investment company

The Glasgow Financial Alliance for Net Zero (GFANZ), a coalition of global financial institutions that has pledged to meet net-zero goals, said June 8 it will set up its Asia-Pacific arm with a

It takes the EU a step closer to its goal of cutting emissions from new passenger cars and light commercial vehicles by 100% in 2035.

The FDA's committee recommended the Novavax vaccine for use in the U.S. on Tuesday.