News

Britain’s biggest drugmaker AstraZeneca announced on June 28 that it would invest $400 million to plant over 200 million trees by 2030 as part of its strategy for reducing carbon emissions in accordance with the Paris Agreement.

The first phase of the world’s largest hydro-solar power station at the highest altitude, the Kela PV power plant, has been put into operation in China on June 25.

Navigator Holdings Ltd. and Bumi Armada Berhad have signed a deal to form a 50-50 joint venture－Bluestreak CO2 Joint Venture－to provide transport services for carbon emissions capture and storage in the United Kingdom.

Swedish solar developer Alight and food retailer Axfood have inked a power purchase agreement (PPA) to build Sweden's largest solar park, the companies said on June 21.

Brazil’s vice president Geraldo Alckmin said the carbon market could surge by 5% the GDP of the country and bring in USD 120 billion by 2030.

Google has signed a Power Purchase Agreement (PPA) to purchase solar energy in the Netherlands.

The large Hollandse Kust Noord offshore wind farm has produced the first electricity, said the companies running the project on Monday.

After a 40-year effort, global installed wind power capacity reached 1 TW in June, but 2 TW will likely be realized in less than seven years.

Uber, the American ride-hailing company, announced that customers will soon be able to track emissions avoided when choosing greener rides and have the option of shared rides in more cities to further reduce CO2 emissions.

France-based Air Liquide has inked a long-term Power Purchase Agreement (PPA) with China Three Gorges Renewables and China Three Gorges Corporation Jiangsu Branch, subsidiaries of China Three Gorges, one of China’s largest producers and retailers of renew