News
News
December 19, 2022
EU November PPA signings top the year, monthly prices up 7.4%
Pexapark, a Swiss renewable energy investment and consulting firm, said in a recent report on European PPAs that renewables “are the absolute winners of 2022 and the years to come in an environment of crisis and difficulties.”
December 07, 2022IEA predicts renewables to dominate electricity generation by 2025
Global renewable energy capacity will soar by around 75% in the next five years, according to the International Energy Agency (IEA) on Tuesday, citing energy security concerns as a key reason.
December 01, 2022Almost 23% of US electricity came from renewables in 2022
US renewable energy sources provided almost 23% of the nation's electrical
generation during the first three-quarters of 2022, according to a review by
the SUN DAY Campaign of data released by the US Energy Information Administration (EIA).
November 23, 2022generation during the first three-quarters of 2022, according to a review by
the SUN DAY Campaign of data released by the US Energy Information Administration (EIA).
Germany mulls state guarantees for solar and wind energy
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.
November 18, 2022Microsoft signs wind PPA with Potentia and Greengate in Canada
Tech giant Microsoft has partneredwith Potentia and GreenGate for Paintearth Wind project in Canada under a 15-year power purchase agreement (PPA).
November 16, 2022Brussels tables emergency law to boost renewables
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.
November 09, 2022Doubling 2030 renewable power targets is needed to achieve 2050 climate target
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.
November 01, 2022Vietnam set to run PPA pilot scheme for renewable energy
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
October 31, 2022Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment
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.
October 25, 2022European 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.