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May 27, 2022
Southeast Asian wind energy market takes off with Philippines thriving
The Global Wind Energy Council (GWEC) has published a new report saying that the Philippines is one of the emerging wind power markets in Asia, with a solid pipeline and possibilities for wind power projects.
May 27, 2022Shizen Malaysia, Top Glove strike deal for 10-MW rooftop solar power
Japanese renewable energy developer, Shizen Energy, via its Malaysian subsidiary, has inked a second long-term power purchase agreement (PPA) with Malaysia’s Top Glove Corporation for a 10 MWp rooftop solar power array.
May 27, 2022Verra halts tokenization of carbon credits to avoid double counting
Verra, one of the world’s major carbon offset accreditors, announced on Wednesday that it will prohibit the practice of producing blockchain tokens or instruments based on retired credits.
May 26, 2022East Bay Community Energy signs 40-MW geothermal PPA with Fervo Energy
East Bay Community Energy (EBCE), a California-based renewable energy provider, announced on Tuesday that it has inked a power purchase agreement with Fervo Energy for 40 MW of geothermal power.
May 26, 2022Gujarat to launch India’s first carbon trading market
In keeping with India’s decarbonization commitment, the Gujarat government inked a Memorandum of Understanding (MoU) on Monday to establish the country’s first carbon market.
May 26, 2022US government may require suppliers to disclose GHG emissions
In an effort to boost decarbonization in the United States, the Biden administration will soon propose a rule requiring major companies that supply goods and services to the federal government to report their greenhouse gas emissions, a White House source
May 25, 2022Brazil sees surging demand for I-RECs as firms vowing net zero
As more Brazilian companies seek to minimize their carbon footprint, the country has seen a considerable increase in demand for international renewable energy certificates (I-RECs) this year, according to Argus media.
May 25, 2022Latin America’s renewable market rebounds with Brazil leading way
As energy markets recovered from the slump caused by the pandemic, Latin America’s wind and solar energy additions increased by 50% in 2021, according to a new report released by Bloomberg New Energy Finance (BNEF).
May 25, 2022Australian carbon prices hike amid optimism about future policy
The price of Australian Carbon Credit Units (ACCU) skyrocketed on the first trading day following the federal election, boosted by anticipation that the new Labor government led by Anthony Albanese will raise demand for emissions reductions.
May 24, 2022Alcoa inks 183 MW wind PPA to power smelter in Spain
Alcoa Corporation, the world’s third largest aluminum producer, announced last week that it has entered into a power purchase agreement (PPA) with Spanish renewable energy group Greenalia for 183 MW of baseload wind energy to power its smelter in Spain.