News

Germany is considering introducing state guarantees for investments in renewable energy to increase the country’s industrial potential, Economy Minister Robert Habeck has said, as Berlin seeks to become more independent in scaling up renewables capacity.

Tech giant Microsoft has partneredwith Potentia and GreenGate for Paintearth Wind project in Canada under a 15-year power purchase agreement (PPA).

The European Commission on November 10 put forward a temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia-Ukraine conflict calls for exceptional measures.

The International Renewable Energy Agency’s (IRENA) new analysis finds that collective global ambitions on renewable energy are not enough to keep temperature increases below 1.5 degrees C.

Vietnam’s Ministry of Industry and Trade (MIOT) is planning a pilot scheme to open up Vietnam’s electricity market to bilateral power purchase agreements (PPAs), which would enable renewable energy generators to directly sell electricity to private off-ta

According to a new report from Carbon Tracker, ‘Put a Price on It,’ Japan must replace the current carbon price of $2.6/tonCO2 with a minimum price of at least $30/tonCO2 to prevent gas to coal switching and accelerate energy transition.

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.

The US and the European Union have agreed to increase their partnership to support green energy in Sub-Saharan Africa, including energy storage and off-grid power systems in its remit.

Australia has announced plans to build renewable energy projects, offshore wind farms and undersea transmission cables, as part of its efforts to cut carbon emissions by 43% by 2030.

A new not-for-profit initiative called the Distributed Renewable Energy Certificate (D-REC), backed by multiple stakeholders, is developing an internationally recognised market instrument acting as a guarantee of origin for distributed renewable energy.