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March 15, 2022
UN inks largest P-REC agreement to light up displaced persons’ camp
With support from Energy Peace Partners (EPP), 3Degrees, a renewable energy consulting firm, and the International Organization for Migration (IOM), have inked the largest Peace Renewable Energy Credit (P-REC) agreement to date, which is also the first-ev
March 15, 2022Microsoft’s internal carbon fee to raise 567% as Scope 3 emissions jump in 2021
Microsoft released on Thursday the update of its sustainability commitment, pledging to become carbon negative, zero waste, water positive by 2030. It also raised inter-company penalties for business travel by 567%.
March 14, 2022Green hydrogen market needs standardized certification scheme: Irena
The global green hydrogen market will require a trustworthy and transparent certification mechanism to incentivize companies to commit to using green hydrogen and create social interest, stated the International Renewable Energy Agency in its 'Green hydro
March 14, 2022Mumbai becomes first South Asian city to set net-zero roadmap
Mumbai, India's financial hub, has unveiled its first ever Climate Action Plan as part of India’s pledge to achieve carbon neutrality by 2070. Under the plan, the city aims to reach net zero carbon emissions by 2050, becoming the first Southeast Asian cit
March 11, 2022German government agrees to abolish renewables levy as energy prices skyrocket
The German government approved a draft law on Wednesday, planning to abolish the Renewable Energy Source Act (EEG) levy that consumers pay with their electricity bills from July 1 this year.
March 11, 2022Australian carbon prices plummeted after regulator’s surprise intervention
Last Friday, Australia's Clean Energy Regulator announced new changes to the Emissions Reduction Fund, as well as a decision to share with carbon farmers and landholders the windfall profits generated from the change.
March 10, 2022Poor grid infrastructure may impede Southeast Asia’s renewable push
According to a new report by Black & Veatch, flexible transmission infrastructure is a critical enabler for solar and wind power to function, and Southeast Asia needs to start preparing for stronger networks to support its renewable ambition.
March 10, 2022Turkey mulls legislation to promote use of renewable energy
The Turkish government is stepping up efforts to increase the usage of green energy and is planning new legal requirements to help consumers transition to renewable energy sources.
March 10, 2022Global carbon emissions rebounded to record high in 2021 amid economic recovery
After the world recovered from the Covid-19 pandemic with significant reliance on fossil fuels, carbon emissions surged to their greatest levels in history in 2021, with energy related emissions increasing 6% to 36.3 gigatonnes, according to a new report
March 09, 2022JSW Energy signs PPA with Haryana for 240 MW hydro power
JSW Energy announced on Monday that JSW Energy Kutehr Ltd., its wholly-owned step-down subsidiary, has signed a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for the supply of 240 MW hydro power.