Joe Biden’s climate law not nearly sufficient

[ New York: President Joe Biden’s landmark climate law has mobilised hundreds of billions of US dollars in federal and private capital for clean energy. Yet, panelists at BloombergNEF’s summit in New York said money alone won’t supercharge the transition from fossil fuels. While the United States spent US$303bil on the energy transition last year … Read more

Striving to attract major tech projects

[ HANOI: Vietnam expects to attract major high-tech and future technology projects in 2024, as many foreign big names in this field have shown interest in the country. Late last month, China’s Hainan Drinda New Energy Technology Co signed a memorandum of understanding on investing in a solar panel factory in the central province of … Read more

Perak green hydrogen deal inked

[ PETALING JAYA: PowerChina’s subsidiary China Hydropower (M) Co Ltd and Semarak Renewable Energy Sdn Bhd have signed a RM1.883bil deal involving a green hydrogen project in Perak. The project encompasses green hydrogen production and storage through floating photovoltaic power generation. The initiative involves the secondary development and utilisation of an abandoned tin ore lake, … Read more