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European carbon prices surpassed 85 euros due to higher compliance buying caused by a rapid increase in coal-fired power output in the bloc, resulting in an estimated 60 megatonne of additional carbon emissions.

IKEA, the world’s largest furniture retailer, will collaborate with American renewable energy company SunPower to make solar energy more accessible for customers, the company stated earlier this month in a press release.

Consum announced that it has entered a ten-year power supply contract with Endesa for 75 MW of solar power, which will be able to cover 50% of the supermarket chain’s power demand, equivalent of nearly 76,000 families’ electricity consumption.

The Group of Seven nations announced on Friday that they plan to largely cut greenhouse gas emissions from energy industry by 2035, meaning that these countries wouldn’t be able to burn coal for energy after the date.

Infineon Technologies, one of the world’s major semiconductor makers, announced earlier this month that it will run its Austin production site entirely on renewable energy.

Japanese renewable energy developer, Shizen Energy, via its Malaysian subsidiary, has inked a second long-term power purchase agreement (PPA) with Malaysia’s Top Glove Corporation for a 10 MWp rooftop solar power array.

The Global Wind Energy Council (GWEC) has published a new report saying that the Philippines is one of the emerging wind power markets in Asia, with a solid pipeline and possibilities for wind power projects.

In an effort to boost decarbonization in the United States, the Biden administration will soon propose a rule requiring major companies that supply goods and services to the federal government to report their greenhouse gas emissions, a White House source

East Bay Community Energy (EBCE), a California-based renewable energy provider, announced on Tuesday that it has inked a power purchase agreement with Fervo Energy for 40 MW of geothermal power.

Brazil President Jair Bolsonaro signed a decree on Monday to establish a national carbon market to cut greenhouse gas emissions, stating that “Brazil emerges as a powerhouse in this still new green economy sector.”

Alcoa Corporation, the world’s third largest aluminum producer, announced last week that it has entered into a power purchase agreement (PPA) with Spanish renewable energy group Greenalia for 183 MW of baseload wind energy to power its smelter in Spain.

Woolworths, an Australian chain of supermarkets, last week announced a renewable energy cooperation with Spanish energy company Iberdrola to power its sites in South Australia.