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Iberdrola, Amazon to co-develop large-scale wind, solar power
News

Iberdrola, Amazon to co-develop large-scale wind, solar power

Spanish utility Iberdrola and Amazon have signed a PPA to develop large-scale renewable projects in collaboration.
March 30, 2023
Carbon allowance sales up 9% to $63 billion
News

Carbon allowance sales up 9% to $63 billion

A record $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report
March 29, 2023
China to launch rural pilot scheme for renewables
News

China to launch rural pilot scheme for renewables

China is moving forward with plans to accelerate the already rapid deployment of renewable energy by developing clean energy in rural areas under a new action plan unveiled by authorities on March 23.
March 28, 2023
New Zealand's carbon allowance unit prices plunge to 18-month low
News

New Zealand's carbon allowance unit prices plunge to 18-month low

Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.
March 27, 2023
Vietnam's bureaucracy hampers wind power supply for major city
News

Vietnam's bureaucracy hampers wind power supply for major city

A wind farm in Vietnam's Ben Tre province, consisting of seven wind turbine towers, has remained inactive for several months, symbolizing the bureaucratic red tape that’s hindering the development of green energy in the country.
March 24, 2023
Global renewables capacity additions increased by 10% last year: IRENA
News

Global renewables capacity additions increased by 10% last year: IRENA

The International Renewable Energy Agency (IRENA) reported on Tuesday that renewable energy capacity worldwide grew by 9.6% last year. Despite this impressive growth, IRENA warned that the rate of expansion must triple to limit global warming.
March 23, 2023
Netherlands plans to build 500 MW offshore green hydrogen project in North Sea
News

Netherlands plans to build 500 MW offshore green hydrogen project in North Sea

The Dutch government has unveiled its plans to construct a large-scale hydrogen production facility to covert wind power into hydrogen in the North Sea.
March 22, 2023
South Korea lowers 2030 industrial emissions reduction targets
News

South Korea lowers 2030 industrial emissions reduction targets

South Korea on Tuesday revised down its 2030 greenhouse gas emissions reduction targets for the industrial sector, but kept its commitment to reducing carbon emissions by 40% of 2018 levels in what it called a reasonable adjustment.
March 22, 2023
South Africa's biggest property group to double solar power capacity by July
News

South Africa's biggest property group to double solar power capacity by July

Growthpoint Properties , South Africa's largest-listed property group, said it will expand its solar power capacity in response to increasing energy costs amid persisting rolling blackouts.
March 20, 2023
EU unveils Net-Zero Industry Act in response to IRA
News

EU unveils Net-Zero Industry Act in response to IRA

The European Union has introduced a range of fresh initiatives to foster green technology and secure raw materials, in an effort to maintain its competitive edge against the U.S. and China amid growing global protectionism.
March 20, 2023
Class 3 renewables potential in Southeast Asia: Biomass energy in Thailand
Research

Class 3 renewables potential in Southeast Asia: Biomass energy in Thailand

It is nearly impossible for businesses to achieve 100% renewable energy use (RE100) depending solely on wind or solar energy, especially with the bundled REC mechanism and 24/7 use of renewable energy. Therefore, most companies that have completed RE100
March 20, 2023
Class 3 renewables potential in Southeast Asia: Geothermal energy in Indonesia
Research

Class 3 renewables potential in Southeast Asia: Geothermal energy in Indonesia

Both Indonesia and the Philippines have abundant geothermal resources. Indonesia, in particular, has the greatest potential in Southeast Asia.
March 20, 2023
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