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May 19, 2022
US clean energy reach 200 MW milestone but sees barriers ahead
Wind, utility solar, and battery storage power capacity in the United Stated surpassed 200 GW in 2021, following the commissioning of 28.5 GW of clean energy projects, according to the Clean Power Annual Market Report 2021 released by American Clean Power
May 19, 2022Ball Corp. inks virtual PPA with NextEra for 151 MW wind power
American aluminum can giant Ball Corporation announced that it has inked a new power purchase agreement to purchase 151 MW of wind energy from a subsidiary of NextEra Energy.
May 19, 2022Japan to pilot first carbon trading market in September
Japan Exchange Group (JPX) is collaborating with Japan’s Ministry of Economy, Trade, and Industry (METI) to set up the country’s first exchange for carbon trading. The scheme is expected to start operating as a technical demonstration project in this Sept
May 18, 2022Microsoft pens largest-ever P-REC deal to fund solar project in DR Congo
After Microsoft’s inaugural purchase of Peace Renewable Energy Credits (P-RECs) in 2020, the tech giant signed another deal to acquire credits from solar facilities in Goma, Democratic Republic of the Congo (DRC).
May 18, 2022Indonesia, PNG restrictions may stifle carbon credit market
With two major carbon credit exporters in the Asia-Pacific—Indonesia and Papua New Guinea—declaring to cut back on generation, the fast-growing market is now facing challenges.
May 18, 2022Steel industry emissions to fall 30% by 2050: Woodmac
As more mills switch to less-polluting electric arc furnaces (EAF), carbon dioxide emissions from the world’s steel sector are expected to drop 30% by 2050 compared to last year, according to a study released on Tuesday by consultancy Wood Mackenzie.
May 17, 2022Australia’s hydrogen Guarantee of Origin Scheme enters trial phase
Australia’s Department of Industry, Science, Energy and Resources has developed the Guarantee of Origin (GO) scheme to verify hydrogen production emissions. The scheme has entered into its first trial phase, with 19 trial participants having signed up to
May 17, 2022Digital Realty contracts for 158 MW solar energy in California, Georgia
Data center operator Digital Realty announced last week that it has entered into two renewable power purchase agreements (PPAs) in California and Georgia for 158 MW of solar energy.
May 17, 2022Germany calls for a 60-euro minimum carbon price in Europe
As Brussels continues talks on an amendment to the EU’s Emission Trading Scheme (ETS) directive, Germany is pushing for a minimum price of 60 euros per tonne of carbon dioxide, claiming that if the EU does not act, it will do so through national measures,
May 16, 2022BMW’s new Hungarian plant to be world’s first fossil-free car factory
German carmaker BMW plans to run its new factory in Debrecen, Hungary, fully on renewable electricity, completely dispensing with fossil fuel, the company’ chief executive Oliver Zipse said on the Annual General Meeting on Wednesday.