News

Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.

China is building the world’s largest commercial floating offshore wind farm off the coast of Hainan, showing sign of growing momentum of renewable energy.

The Australian Government is seeking views from stakeholders on a clean energy Guarantee of Origin (GO) scheme to foster the global and domestic markets needed to transform Australia into a renewable energy superpower.

Microsoft and Google have both signed new agreements for using more renewable energy sources for their datacenters as part of efforts to lower their IT operations’ carbon footprint.

Germany’s plans to introduce a cap on power revenues and cut energy bills for one year will dampen interest in signing new power purchase agreements (PPAs) for the duration of the measures, according to analysts of consultancy Energy Brainpool.

Tech giant Microsoft has partneredwith Potentia and GreenGate for Paintearth Wind project in Canada under a 15-year power purchase agreement (PPA).

The market for European renewable energy guarantees of origin (GOs) saw prices breaking the EUR 6/MWh mark.

Power purchase agreement (PPA) prices for renewable energy in Europe rallied 11.3% in the third quarter to more than EUR 73 euro per MWh, a YoY increase of 51%, according to LevelTen Energy, a PPA market platform operator.

India’s wind energy outlook looks bright, with an additional 23.7 GW of wind capacity expected within the next five years, according to the Wind Energy Market Outlook 2026 released by Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+).

Electricity prices in Europe jumped to all-time highs on Aug. 26, intensifying the energy crisis caused by Russia's invasion of Ukraine as winter nears.