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News
February 01, 2023
US, Europe experience slowed solar PPA price increases, despite mixed forecast
The US and Europe saw relatively modest increases in the average prices of solar power purchase agreements (PPA) in Q4 2022, up by 4% and 3%, respectively.
January 09, 2023
US tops EY’s ranking for world’s most attractive renewables market
Professional services firm EY has ranked the United States as the world’s most attractive market for investment in renewable energy – for a large part due to the Inflation Reduction Act passed in August 2022, which is viewed as a game changer for the coun
January 03, 2023
Brussels plans energy market reform to curb renewables cost
Brussels plans to overhaul the bloc’s electricity market to prioritise cheaper renewable energy, European Union’s energy commissioner Kadri Simson has said, despite industry warnings that the reforms could smother investment in wind and solar projects.
October 25, 2022
European PPA prices for wind, solar spike over 11% in Q3
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.
July 29, 2022
Philippines opens Renewable Energy Market
Philippine Electricity Market Corp. (PEMC) announced on July 28 the launch of the country's Renewable Energy Market (REM), a marketplace for trading Renewable Energy Certificates (RECs).
July 14, 2022
MEPs backs tougher renewables targets
Members of the European Parliament voted on July 13 to increase the share of renewable energy in the EU's total energy mix from 40% to 45% by 2030, under the revision of the Renewable Energy Directive (RED) that is also supported by the European Commissio
July 05, 2022
Mitsubishi signs virtual PPA with Murata for renewable energy supply
According to Nikkei, Japanese trading house Mitsubishi Corp. will start selling renewable electricity certificates that buyers can use as offsets for their energy consumption. The first buyer is Murata Manufacturing, an electronic components maker and one
June 29, 2022
India lacks penalty enforcement to stimulate voluntary REC purchases
Despite a major legislative push for renewable energy, voluntary purchasers of renewable energy certificates (REC) are still insignificant in India, consulting firm Intellecap said in its report.