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July 12, 2022
China begins building world’s largest hydro-solar hybrid power station
According to CGTN, China has started to build Kela photovoltaic power station, which is a part of the biggest hydro-solar hybrid power station in the world. The facility is expected to have an installed capacity of 1 million kilowatts.
July 11, 2022German lawmakers back largest renewable expansion reforms in history
The German Bundestag, lower house of the parliament, approved on Thursday a legislative package to speed up the expansion of renewable energy. The bill aims to increase the renewable share to at least 80% by 2030, up from its previous objective of 65%.
July 11, 2022PAG launches new platform for renewable energy investment
Alternative investment company PAG on July 6 introduced, PAG Renewables, a new platform for the development, operation, and investment in renewable energy sectors in Asia. PAG is expected to invest over $US 1 billion in the region in the next few years.
July 11, 2022Biggest-ever UK renewables auction offers record-low price offshore wind contracts
UK’s biggest-ever renewables auction was held on July 7 and awarded record capacity of almost 11GW of clean energy, nearly double the capacity achieved in the previous round.
July 08, 2022Shanghai eyes personal carbon account to encourage low-carbon consumption
Shanghai’s Pudong New District will create personal carbon accounts for local citizens, according to a new local green finance rule entering into force on 1 July. The move aims to explore the emission-cutting potential of personal consumption and package
July 08, 2022Green energies provide 49% of power used in Germany in first half of 2022
Renewable energy accounted for 49% of German gross domestic electricity consumption in the first half of 2022, up 6% compared with the data last year.
July 08, 2022CHIMEI completes carbon credits transaction on CIX
CHIMEI has completed carbon credits transaction and offsetting on the Climate Impact X (CIX), a Singapore-based global carbon exchange and marketplace, in June, becoming the first Taiwanese enterprise which secured and traded carbon credits on the CIX.
July 07, 2022EU parliament backs green label for gas, natural gas investment
The European Parliament voted on Wednesday to label investment in gas and nuclear facilities as environment-friendly, in a bid to help the bloc carry out its climate pledge by facilitating private investment in power plants.
July 07, 2022LG Innotek joins RE100, with goals of going 100% renewables by 2030
Korea’s leading electronic component manufacturing company, LG Innotek, announced on July 5 that it officially joins the global "RE100" initiative. Their goal is to use only renewable energy including domestic and overseas establishments by 2030.
July 07, 2022Tata Chemicals opens UK's largest carbon capture plant
Tata Chemicals Europe (TCE ) opened UK's first industrial-scale carbon capture plant, which will recycle 40,000 tonnes of waste CO2 each year, equivalent of taking more than 20,000 cars off the roads.