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Malaysian’s Petronas to buy Wirsol’s Australian renewables portfolio
News

Malaysian’s Petronas to buy Wirsol’s Australian renewables portfolio

Malaysia’s state-owned oil and gas company Petronas is finalizing its acquisition of German developer Wirsol's renewable assets and pipeline in Australia, according to sources involved in the transaction.
February 08, 2023
PNE, Omnia sign MoU for green hydrogen, ammonia production in South Africa
News

PNE, Omnia sign MoU for green hydrogen, ammonia production in South Africa

Omnia Group of South Africa and WKN Windcurrent, a subsidiary of German renewables giant PNE, have signed a memorandum of understanding (MoU) to access onsite production of green hydrogen and ammonia in South Africa.
February 07, 2023
Slovenia accelerates renewables deployment to meet EU's target
News

Slovenia accelerates renewables deployment to meet EU's target

Slovenia's Ministry of Environment, Climate, and Energy released a draft bill on renewable energy facility siting to accelerate the construction of wind and solar power plants by regulating spatial planning.
February 07, 2023
Germany to invest €80 million in green hydrogen transport
News

Germany to invest €80 million in green hydrogen transport

Germany’s Federal Ministry for Digital Affairs and Transport (BMDV) has earmarked 80 million euros for investments in the production of green hydrogen for the transport sector.
February 06, 2023
Scotland expects renewables boom with EU’s largest energy storage complex
News

Scotland expects renewables boom with EU’s largest energy storage complex

The new battery storage facilities worth £900 million in Scotland will improve resilience during downtime, according to Michael Matheson, cabinet secretary for Net Zero, Energy, and Transport.
February 06, 2023
Amazon breaks green energy buying record with 8.3 GW of new capacity in 2022
News

Amazon breaks green energy buying record with 8.3 GW of new capacity in 2022

Online retail giant Amazon sets a record 8.3 GW of renewable power deals in 2022, giving it access to a 'utility-scale' total 20 GW-plus haul of green capacity, according to the US company.
February 04, 2023
McDonald’s strategy to power its logistics supply chain with renewables
News

McDonald’s strategy to power its logistics supply chain with renewables

In December last year, McDonald’s became the latest corporation to execute plans that reduce supply chain-related electricity emissions.
February 04, 2023
Taiwan expects to add 2 GW solar, wind capacity in 2023
News

Taiwan expects to add 2 GW solar, wind capacity in 2023

According to the Ministry of Economic Affairs (MOEA), Bureau of Energy, six utility-scale solar projects are planned to be completed this year, and four offshore wind farms will be connected to the power grid, adding a total capacity of 2 GW, or the equiv
February 04, 2023
Indonesia to start carbon trading for coal-fired power plants
News

Indonesia to start carbon trading for coal-fired power plants

Indonesia plans to issue emission quotas for some coal-fired power plants this month as a first step toward developing a local carbon trading market, energy officials said last week.
February 03, 2023
UAE's Masdar unveils 20,000 MW renewables target for Africa
News

UAE's Masdar unveils 20,000 MW renewables target for Africa

Masdar, an Abu Dhabi-based state-owned clean energy company, has announced ambitions to invest in Nigeria as part of its Africa-wide penetration which aims to increase renewable energy capacity by 20,000 MW over the next 12 years.
February 03, 2023
Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022
News

Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022

Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.
February 02, 2023
Taiwan passes climate law amendments to achieve net zero by 2025
News

Taiwan passes climate law amendments to achieve net zero by 2025

Taiwan's legislature passed the "Climate Change Response Act" on Jan. 10, establishing a carbon fee system for large emitters and setting a goal of reaching net-zero emissions by 2050.
February 02, 2023
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