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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.
April 18, 2022
Foxconn to buy 70 million kWh of green energy in Taiwan by 2030
Foxconn, Taiwanese electronics manufacturing giant, has signed an agreement on Friday with Foxwell Power, a subsidiary of solar power supplier Shinfox Energy, to procure 2.36 million kWh of green electricity this year.
March 21, 2022
Google launches tool that enables 24/7 renewable energy tracking
Google has been working to build and deploy a new tool that will allow governments, businesses, and energy generators to track energy consumption and production in real time, according to a new blog post form Google Cloud.
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