- Mon 23:41
Power up - Saudi utility ACWA Power will invest $200 mln in low-carbon electricity generation in the Philippines, according to the latter’s Bases Conversion and Development Authority. The agreement was signed in Davos at the World Economic Forum 2026, as reported by the Taiwan-based news platform Recessary. ACWA is backed by a mix of public- and private-sector backers and is responsible for delivering on much of Saudi Arabia’s 2030 renewable energy goals. The company operates across 15 countries in the Middle East, Africa, Central Asia, and Southeast Asia.
- Mon 17:04Renewable energy investment fell 9.5% year-on-year, according to analysts, who said the drop was in large part due to a decline seen in China.
- CORSIA-eligible spot and futures prices softened last week, although volumes remain very thin amid a market that has yet to strike a balance on fundamentals, sources noted.
- Mon 14:37Carbon credit tokenisation - Thailand’s carbon credit registry operator TGO has partnered with KBank-affiliated digital asset platform Kubix to study API integration for tokenising voluntary carbon units, in a move that could streamline trading, enhance transparency, and support the country’s upcoming Climate Change Act. The collaboration seeks to enable delivery-versus-payment (DvP) settlement, traceability via blockchain, and fractionalised credit ownership, according to executives from both parties. The project aligns with Thailand’s net zero 2050 goal and aims to position the country as a regional carbon trading hub.
- Mon 13:34Philippine conservation – A Philippines-based non-profit has secured additional funding from the Government of Canada to expand its work with nature-based solutions, The Manila Times reported. Backed with a further PHP 28 mln pesos (£1.24 mln), Forest Foundation Philippines plans to support five projects spread across Davao, Camarines Sur, and Palawan. Projects include mangrove restoration, community-led agroforestry, and a coastal resilience initiative. The grant builds on an existing partnership between the Government of Canada and the Manila-based NGO which has so far delivered over £99 mln to projects across the Philippines.
- Mon 13:07An Australian carbon capture and storage (CCS) project saw injected volumes fall quarter-on-quarter in Q4 2025, while securing further Australian Carbon Credit Units (ACCUs) and submitting an application for the next batch, according to its operator’s fourth-quarter report.
- Mon 11:38CDR matchmaking - EU innovation agency Climate-KIC and Japan’s trade body JETRO are inviting European partners to meet Japanese climate tech start-ups in Feb. 2026, including Innovare, which converts waste rubber seeds into biochar and other bioproducts. The open call aims to spark cross-border pilots, investment, and carbon removal credit deals as part of the J-StarX Global Growth for Climate Tech in Europe Programme.
- Mon 11:01China's shale gas sector has the potential to achieve geological negative emissions, but robust carbon pricing mechanisms are considered necessary to improve the economic feasibility of such carbon storage projects, a new study has found.
- Mon 10:38Partnership(s) - Japan's Hitachi Systems has begun a demonstration project to protect 50 hectares of forest in Gunma prefecture through collaboration with a local forestry cooperative, it announced Monday. The initiative focuses on biodiversity preservation and forest management measures. Meanwhile, project developer Stellar Green has teamed up with North Pacific Bank and the government of Hokkaido's Hidaka town for the creation of forest-based carbon credits.
- Mon 08:44South Korea's plan to build two additional nuclear plants around 2038 will proceed as scheduled, the climate ministry said Monday.
- Mon 06:53Solar panel boom - India is rapidly producing solar panels amid rising electricity demand and a push to reduce reliance on China, which has fuelled "a booming yet uncertain market", AFP reported. Indian conglomerates like Adani and Tata have been actively expanding the production of solar panels, partly due to strong policy support. The government has said all public tenders require local production. While growth in the sector is already staggering, some have expressed worries over overcapacity. India's solar manufacturing capacity is expected to soon exceed 125 GW, tripling current domestic demand, according to a report by consultancy Wood Mackenzie.
- Mon 06:50Breakthrough - Chinese energy giant CNPC has achieved industrial-scale production of a critical material used in solar panels and electric vehicles, which can help the country reduce its reliance on imports, local media reported. Its Dushanzi petrochemical plant last year produced nearly 60,000 metric tonnes of polyolefin elastomer (POE), an essential component in the manufacturing of photovoltaic modules. China's POE supply has long relied on imports, with import dependency once exceeding 95%, according to the report.
- Mon 03:30Prices in India’s compliance carbon market will remain subdued for two years before jumping towards the end of the decade, as tightening emissions benchmarks outstrip industry’s ability to reign in emissions, according to a market outlook published this week.
CP Daily News Ticker: 26 January 2026
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