News

Taipower’s Round 1 auction, which offered 10 million kilowatt hours of small-amount green energy, was undersubscribed. Some private sectors believe that the small amount of green energy cannot meet demand from SMEs, and with limited offers and the highest

Japan and South Korea will establish a supply chain for hydrogen and ammonia fuels and leaders of two countries will announce the framework on Nov. 17 in the U.S., where they are expected to join the APEC meeting.

While world major economies and demands slow down, the declined copper price discourage the investment of mining, wind farms, solar arrays and electric vehicles.

Apple does not charge more to account for its carbon reduction efforts in its consumer technology products, said Lisa Jackson, the vice president of Environment, Policy and Social Initiative.

Taiwan’s state-owned utility Taipower published on Nov. 7 the first batch of auction results for small amounts of green energy following the introduction of the bidding platform in late October, with 47 enterprises securing contracts.

The Net-Zero Institute, Taiwan’s first academy dedicated to cultivating green talents, has opened on Nov. 6 at the Kaohsiung Software Technology Park.

Apple, Nike and PepsiCo along with other global firms have launched the Clean Energy Procurement Academy to train supply chain partners in the Asia Pacific, where renewable power is tougher to source.

Retreated from carbon trading for over a decade, Barclays Plc is trying to come back to market and appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to Bloomberg report.

Amid high interest rates, inflation and supply-chain woes, U.S. wind-energy sector facing a wave of impairments and forcing developer to cancel projects and casting doubts over the industry’s outlook.

Bloomberg New Energy Finance (BNEF)’s latest outlook report has predicted that the global carbon market is set to exceed $800 billion this year, marking a 5% year-over-year growth, even though trade volumes have fallen due to Russia’s war in Ukraine.