News

News

Market

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 17, 2022

Australia’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 10, 2022

Renewable energy certificate market to reach $103 billion by 2030

The global renewable energy certificate market generated US$9.3 billion in 2020 and is predicted to reach US$103.2 billion by 2030, with a compound annual growth rate of 27.2% from 2021 to 2030, according to a recent report published by Allied Market Rese
April 22, 2022

Tesla earns US$679 million from sales of carbon credits in first quarter

Tesla reported on Wednesday its first-quarter earnings, beating analysts’ expectations by selling more than twice as many carbon credits as in preceding quarters. Throughout the years, Tesla's revenues have been fueled by credit sales.
February 24, 2022

India proposes amendments to renewable energy certificates mechanism

India’s Central Electricity Regulatory Commission (CERC) has recently published a draft regulation for renewable energy certificates, in which the commission proposes that renewable generators, captive power projects, distribution companies (DISCOMs), and
February 21, 2022

T-RECs issuance crossed 1 million milestone with 99% taken by TSMC

As environmental consciousness grows, demand for renewable energy saw a rapid surge. Taiwan’s Bureau of Standard, Metrology, and Inspection (BSMI) announced on Friday that, over the past six years, it has issued a total of 1.06 million renewable energy ce
February 17, 2022

US wind PPA prices rise amid supply chain and inflation concerns

US wind power purchase agreement (PPA) prices climbed in 2021 and continued to rise towards the end of the year, as wind energy developers seek to offset supply chain problems and cost inflation with higher fee, American Clean Power Association (ACP) said
January 28, 2022

Seven Eastern Europe countries to adopt EU Guarantees of Origin

On January 26, the Energy Community revealed its plan to create an electronic system for Guarantees of Origin (GOs) in Albania, Bosnia and Herzegovina, Georgia, Kosovo, Moldova, Montenegro, and Ukraine.
January 27, 2022

Latin America sees surging demand for I-RECs amid renewables expansion

In Latin America, high levels of renewable energy have raised demand for International Renewable Certificates (I-RECs), particularly in countries with substantial hydroelectric resources. These certificates are still in early stage in the area. However, t
January 17, 2022

Uruguay launches blockchain-powered REC platform

A renewable energy certification scheme has been established by Uruguay's grid operator UTE and the Ministry of Industry, Energy, and Mining. The application, which is based on Energy Web's decentralized operating system, is designed to allow businesses t

Subscribe to our latest insight now

TOP
Download request

Please fill out the form to download samples.

Name
Company
Job title
Company email
By using this site, you agree with our use of cookies.