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Latin America’s renewable market rebounds with Brazil leading way
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Latin America’s renewable market rebounds with Brazil leading way

As energy markets recovered from the slump caused by the pandemic, Latin America’s wind and solar energy additions increased by 50% in 2021, according to a new report released by Bloomberg New Energy Finance (BNEF).
May 25, 2022
Brazil sees surging demand for I-RECs as firms vowing net zero
News

Brazil sees surging demand for I-RECs as firms vowing net zero

As more Brazilian companies seek to minimize their carbon footprint, the country has seen a considerable increase in demand for international renewable energy certificates (I-RECs) this year, according to Argus media.
May 25, 2022
IMO moves closer to putting carbon levy on shipping sector
News

IMO moves closer to putting carbon levy on shipping sector

Member states of the International Maritime Organization (IMO) have agreed on the need to impose a carbon price on shipping emissions. The countries reached a consensus at the Intersessional Working Group meeting last week, marking a “significant breakthr
May 24, 2022
Brazil announces carbon credits market but lacks details
News

Brazil announces carbon credits market but lacks details

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.”
May 24, 2022
Alcoa inks 183 MW wind PPA to power smelter in Spain
News

Alcoa inks 183 MW wind PPA to power smelter in Spain

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.
May 24, 2022
Ocean-going tankers to trial ‘plug and play’ CO2 capture technology
News

Ocean-going tankers to trial ‘plug and play’ CO2 capture technology

Singapore-based Eastern Pacific Shipping has teamed up with Dutch maritime technology company Value Maritime to install carbon capture technology on two MR tankers, making them the largest ocean-going vessels equipped with the technology.
May 23, 2022
Woolworths inks PPA to reach 100% renewable in South Australia
News

Woolworths inks PPA to reach 100% renewable in South Australia

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.
May 23, 2022
Spain green lights guarantee of origin scheme for renewable gases
News

Spain green lights guarantee of origin scheme for renewable gases

The Spanish government adopted a royal decree last week to establish the system of guarantee of origin for gases coming from renewable sources, such as green hydrogen, biogas or biomethane, which will allow marketers and consumers to differentiate themsel
May 23, 2022
Sony pushes net zero target ahead by 10 years
News

Sony pushes net zero target ahead by 10 years

Sony announced on Wednesday that it decided to bring forward its deadline for reaching carbon neutrality by a decade, saying it now plans to achieve net-zero emissions across its whole business by 2040.
May 20, 2022
Coconut shell-based supercapacitor can capture carbon during charging
News

Coconut shell-based supercapacitor can capture carbon during charging

Researchers at the University of Cambridge have developed a low-cost gadget which is capable of capturing carbon dioxide gas while charging. When it discharges, the carbon dioxide can be released in a controlled way and be collected to be reused.
May 20, 2022
EU unveils REPowerEU plan to wean itself off Russian gas
News

EU unveils REPowerEU plan to wean itself off Russian gas

The European Commission has presented on Wednesday the REPowerEU plan, which aims to reduce reliance on Russian fossil fuels while hastening the transition to renewable energy.
May 20, 2022
Japan to pilot first carbon trading market in September
News

Japan to pilot first carbon trading market in September

Japan Exchange Group (JPX) is collaborating with Japan’s Ministry of Economy, Trade, and Industry (METI) to set up the country’s first exchange for carbon trading. The scheme is expected to start operating as a technical demonstration project in this Sept
May 19, 2022
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