Happy New Year! Hope you have a fun 2025!
India invites RFP for 220 MW Bharat Small Reactors
(December 31)
Nuclear Power Corporation of India Limited (NPCIL) has invited Request for Proposals (RFP) from Indian industries for setting up 220 MW Bharat Small Reactors (BSR) for captive use. The RFP details a business model where the industry finances capital and operating expenditures, while NPCIL oversees construction and operation. BSRs are designed to provide a sustainable solution for decarbonizing hard-to-abate industries and increase their competitiveness in global markets by reducing carbon emission-related taxes. These reactors are planned to be set up with private capital, as announced in the 2024-25 union budget.
India approves investment in renewable energy company
(December 31)
The Competition Commission of India (CCI) approved a USD 275 million (approx. INR 2,296.25 crore) investment in Fourth Partner Energy Private Limited by the International Finance Corporation (IFC), Asian Development Bank (ADB), and DEG. The investment will be used to acquire a certain percentage of the company's share capital through primary subscription and secondary purchase. Fourth Partner Energy provides integrated renewable energy solutions, including installing, owning, and operating solar and wind power plants.
Japan's Three Opportunities for Green Transformation in 2025
(December 19)
Japan has outlined three opportunities to advance its Green Transformation (GX) plan:
1. Enhancing national energy security through green regional revitalization by implementing a JPY 7 trillion plan to strengthen interregional transmission lines and reforming renewable energy regulations;
2. Assuming global leadership on transition solutions and finance by promoting science-based pathways, collaborating with international organizations, and supporting ASEAN countries' transition and resilience;
3. Establishing Tokyo as Asia's transition finance capital by introducing supportive rules for transition investments, creating preferential arrangements for green finance, and aligning frameworks with international standards.
The plan involves significant private sector investment (JPY 130tn/USD 1tn) in the next decade.
UK's Sustainable Aviation Fuel Mandate: Greener Flights
(January 01)
Starting Jan 1, the UK government has implemented the Sustainable Aviation Fuel (SAF) Mandate, requiring at least 2% of all jet fuel used in flights departing the UK to be SAF, increasing to 10% by 2030 and 22% by 2040. This mandate aims to decarbonize air travel and contribute to the UK's clean energy goals. A revenue certainty mechanism will also be introduced to attract investment in UK SAF production.
UK boosts green energy research via Horizon Europe
(December 31)
The UK government has announced plans to increase UK participation in the Horizon Europe research program. This includes pump-priming grants, PR campaigns, roadshows in Wales and London, and sending delegations to Italy, Germany, and Spain to foster collaborations. Innovate UK will offer grants of up to £700 for attending R&D events in Europe. Recycleye received a £385,000 grant for AI-powered robotics in waste sorting.
Taiwan Raises 2030 Carbon Reduction Target
(January 01)
Taiwan has revised its 2030 carbon emission reduction target upwards to 26-30 percent compared to 2005 levels, from the previous goal of 23-25 percent. This revision accounts for uncertainties in electricity usage, climate technologies, and funding. The Ministry of Environment plans to expand carbon reduction inspections to include businesses emitting more than 10,000 metric tons of carbon annually, starting with carbon fees in 2026 for entities emitting over 25,000 metric tons.
Overseas Community Affairs Council, Taiwan
Taiwan Launches Carbon Fee System, Pledges Net-Zero by 2050
(January 01)
Taiwan, under President Lai Ching-te, announced the official start of its carbon fee system on January 1, 2025, as part of its commitment to achieving net-zero emissions by 2050. This aligns Taiwan with global climate action and is a key component of its broader sustainability goals. The government also plans to continue investing in renewable energy and green technologies.
Office of the President, Taiwan
Malaysia's Sustainable Cosmetics Industry Growth
(December 31)
Malaysia is leveraging its position as a leading oleochemical producer to capitalize on the growing global demand for sustainable cosmetics and personal care products. Cidols Sdn. Bhd., a Malaysian SME, has invested in advanced technology to produce high-purity specialty esters, expanding its market presence to over 30 countries. The Chemical Industry Roadmap 2030 aims to establish Malaysia as a leading hub for chemical solutions, particularly in care chemicals, promoting sustainability and supporting R&D.
Malaysian Investment Development Authority (MIDA)
Abu Dhabi issues invasive bird dispersal guide
(December 30)
The Department of Municipalities and Transport (DMT) in Abu Dhabi, in collaboration with the Environment Agency – Abu Dhabi, has issued a guide to manage and disperse invasive birds. The guide outlines best practices for the public and construction professionals to prevent creating nesting spaces for these birds, which are considered harmful to the local ecosystem. The guidelines prohibit the use of harmful methods and encourage reporting of bird gatherings.