Featured in Lighting the way – 05-2024

Topping up carbon credit knowledge

Renewable energy generation and carbon credit trading are both being used to achieve corporate decarbonization goals. Julia Hung and Sherry Hu, from Reccessary, a market analysis platform for the Asia-Pacific region, explore carbon market developments in Southeast Asia and beyond.

By

pv magazine

10 May 2024

Thanks to Huawei’s optimizers, and the Smart String Energy Storage System Solution, this rooftop installation in Ho Chi Minh City, Vietnam, can incorporate modules of different power ratings and provide 24-hour electricity to its owner. | Image: Red Sun Company

Demand for industrial decarbonization is stronger than ever. There is a growing urgency when it comes to reducing supply chain emissions. Governments in Southeast Asia are responding by increasing accessibility to green power and developing more trading mechanisms with higher environmental “additionality” – meaning CO2 reductions that occur as a result of carbon credit sales. …

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