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Global
April 10, 2023
India plans to add 250 GW of renewable capacity in five years
India plans to achieve 500 GW of installed renewable capacity by 2030 by adding 250 GW of renewable energy capacity in the next five years, the Ministry of New and Renewable Energy (MNRE) said on April 5.
April 07, 2023Large corporations fund their own carbon credit projects
A number of big companies decided to create in-house carbon credits despite criticisms against offsets.
April 06, 2023Apple expand renewable energy to 13.7 GW with supply chain partners
Apple on Wednesday said that its manufacturing partners are supporting over 13 GW of renewable electricity around the world, a nearly 30% increase in the last year.
March 31, 2023Global initiative outlines criteria for voluntary carbon market
The Integrity Council for the Voluntary Carbon Market (ICVCM), an independent governance body for the voluntary carbon market, outlined standards on March 30 that it hopes will bring transparency to the $2 billion market, which has struggled for credibili
March 30, 2023Iberdrola, Amazon to co-develop large-scale wind, solar power
Spanish utility Iberdrola and Amazon have signed a PPA to develop large-scale renewable projects in collaboration.
March 29, 2023Carbon allowance sales up 9% to $63 billion
A record $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report
March 28, 2023China to launch rural pilot scheme for renewables
China is moving forward with plans to accelerate the already rapid deployment of renewable energy by developing clean energy in rural areas under a new action plan unveiled by authorities on March 23.
March 27, 2023New Zealand's carbon allowance unit prices plunge to 18-month low
Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.
March 24, 2023Vietnam's bureaucracy hampers wind power supply for major city
A wind farm in Vietnam's Ben Tre province, consisting of seven wind turbine towers, has remained inactive for several months, symbolizing the bureaucratic red tape that’s hindering the development of green energy in the country.
March 23, 2023Global renewables capacity additions increased by 10% last year: IRENA
The International Renewable Energy Agency (IRENA) reported on Tuesday that renewable energy capacity worldwide grew by 9.6% last year. Despite this impressive growth, IRENA warned that the rate of expansion must triple to limit global warming.