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July 15, 2022
Hanwha Solutions partners with German firm to develop 500 MW solar power project
Hanwha Solutions, a chemical and energy unit of South Korean conglomerate Hanwha Group, announced on July 12 that its German subsidiary, Q Energy, will team up with a German renewable energy development company, Enviria Energy, to develop a 500-MW solar p
July 15, 2022European PPA prices up 47% amid inflation storm, energy crisis
Wind and solar power purchase agreement (PPA) prices in Europe have seen a 47% year-over-year increase due to the energy crisis and inflation in the region, according to a new report released by LevelTen Energy.
July 14, 2022Temasek raises internal carbon price to US$50, aiming US$100 by 2030
In the hopes of cutting the net carbon emissions of its portfolio, Temasek, Singapore’s state investment company, will lift its internal carbon price from US$42 to US$50 per tonne of carbon dioxide this year, with plans to further raise it to US$100 by th
July 14, 2022UK government invests £54M in carbon removal tech projects
The UK government has invested over 54 million pounds ($65 million) in 15 projects that develop carbon emissions removal technology.
July 14, 2022MEPs backs tougher renewables targets
Members of the European Parliament voted on July 13 to increase the share of renewable energy in the EU's total energy mix from 40% to 45% by 2030, under the revision of the Renewable Energy Directive (RED) that is also supported by the European Commissio
July 13, 2022Japan to aid India’s clean energy transition
Japan plans to support India in accelerating the switch to clean energy, expanding a program it started last year for Southeast Asian countries, said Economy, Trade and Industry Minister Koichi Hagiuda on July 13.
July 13, 2022Shell to build Europe’s largest hydrogen plant
Oil and gas giant Shell announced on July 6 that it will build Europe’s largest hydrogen plant in the Netherlands. The plant, with 200 megawatt electrolyzer, is expected to start operation in 2025, generating 60,000 kilograms of renewable hydrogen each da
July 13, 2022New Frontier Markets launches blockchain platform for carbon credits
New Frontier Markets (NFM), a technology company devoted to providing access to the new low-carbon economy, announced on July 12 its launch of a blockchain platform for voluntary carbon credits. The company expects that the platform to be broadly in use i
July 12, 2022Fewer event staff helps Tokyo Olympics curb CO2 emissions
Carbon dioxide emissions at the 2020 Olympics Games in Tokyo were much lower than estimated as fewer personnel attended the event due to the COVID-19 outbreak, according to a new study.
July 12, 2022Houston-based carbon credit registry provides first international soil carbon credits in UK
A Houston-based non-profit organization, BCarbon, issued their first international soil carbon credits that using farmland to remove carbon in the atmosphere in the UK.