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A new analysis from CDP has revealed that almost half of companies globally use no renewable electricity, while more than nine in ten have no energy efficiency targets, thus missing opportunities for cost savings and enhanced resilience.
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Nam Dinh Forest Products Joint Stock Company is one of four enterprises selected to participate in the Voluntary Agreement on Energy Efficiency in Energy Intensive Industries.
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Steel remains incredibly relevant and deeply integrated into the modern world. Steel is used extensively in engineering, construction and other applications vital to modern life. The downside is that traditional methods of manufacturing, based upon fossil fuels such as coal, are damaging to the environment as they produce significant quantities of carbon dioxide (CO2). In fact, according to McKinsey & Company1, steel production accounts for about 8% of global emissions. In 2018, every ton of steel produced emitted an average of 1.85 tons of CO2.
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Binh Son Refining and Petrochemical Joint Stock Company (Stock code: BSR) focuses on operating Dung Quat oil refinery at optimal capacity to maximize profits, while applying cost-saving solutions in operations, production and business.
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Thailand's largest cement producer, Siam Cement Group (SCG), plans to invest THB 200 billion (about 6.3 billion USD) over the next five years to enhance the competitiveness of its subsidiaries, SCG Chemicals and SCG Cleanergy, in order to assist the parent company in accelerating emission reductions.
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An Italian company has conducted what it says is the first test of magnetic levitation (maglev) transport on an existing railway track, a technology that has the potential to reduce costs and energy use as the industry seeks more efficient systems.
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The energy audit report conducted by Viet-Sing Steel in 2023 shows that the company's energy consumption is 0.4% lower than the energy consumption standard of the steel industry (as per Circular No. 20/2016/TT-BCT dated September 20, 2016, by the Ministry of Industry and Trade).
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In July 2024, Van Dien Fused Magnesium Phosphate JSC conducted an energy audit. Energy audit experts assisted the company in identifying the optimal solutions for further energy-saving implementations.
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Hoa Sen Nghe An Co., Ltd. prioritizes implementing energy management solutions and advanced technical solutions aimed at efficient energy use, a top concern for the company.
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Phuc Kien Co., Ltd., (Kien Xuong, Thai Binh) has operated since October 2012, specializing in the production and trading of various types of corrugated carton boxes. Over the years, the company has consistently made efforts to implement solutions aimed at optimizing costs, saving energy, and materials, contributing to ensuring production efficiency, and combating climate change.
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The synchronized application of management solutions, improvement initiatives, and investments in new technical technologies has helped Vnsteel Thang Long Coated Steel Joint Stock Company save 469,806 kWh, equivalent to an energy-saving rate of 16.2%.
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Joint Venture between Green Development Centre (Green DC) and Bach Khoa Energy Conservation Joint Stock Company (ECCBACHKHOA)
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State utility EVN said in a statement that demand for electricity in the next three months temperatures peak in northern Vietnam, could outstrip supply.
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Until September 2022, according to Northern Electricity Equipment Joint Stock Company (EVNNPC), 3,512 enterprises have joined the Demand Responses (DR). Which, 2,210 clients use below 3 million kWh and 1,302 clients use above 3 million kWh.
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The Indonesian government has formalised a collaboration with Australian renewable energy company Sun Cable in a bid to create an energy distribution network in the archipelago.
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The US Consulate General in Ho Chi Minh City said that it has just sponsored AMI AC Renewables Renewable Energy Company to implement a pilot project to develop an energy storage battery system using leading US technology.
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Long An Electricity Company has closely cooperated with branches, localities and mass organizations to organize activities, programs and guide specific solutions to help people raise awareness, use electricity reasonably, economically and efficiently.
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The signing ceremony of a loan worth USD173 million to build wind power plants with a total capacity of 144MW in Huong Hoa district, Quang Tri province by Power Construction Joint Stock Company 1 (PCC1) was approved by the Asian Development Bank (ADB), Export Finance Australia (EFA), Japan International Cooperation Agency (JICA) and member units under PCC1 was performed online by the end of May 2021.
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The Asian Development Bank (ADB) signed a US$37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in the southern province of Tây Ninh.
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Bolivia's National Electricity Company (ENDE) said last week it has signed an agreement with Potosi department for the transfer of land on which a 60-MW solar project will be developed.