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Consum signs solar PPA with Endesa to secure 50% electricity needs
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Consum signs solar PPA with Endesa to secure 50% electricity needs

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.
May 31, 2022
G7 nations to end carbon emissions from power sector by 2035
News

G7 nations to end carbon emissions from power sector by 2035

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.
May 30, 2022
Japan creates world’s fastest system to remove carbon dioxide from air
News

Japan creates world’s fastest system to remove carbon dioxide from air

Tokyo Metropolitan University researchers have developed a new way to capture carbon emissions. The technology, using isophorone diamine (IPDA) in a “liquid-solid phase separation” system, can remove carbon dioxide from the atmosphere with 99% efficiency.
May 30, 2022
Infineon to adopt 100% green energy for its Austin plant
News

Infineon to adopt 100% green energy for its Austin plant

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.
May 30, 2022
Verra halts tokenization of carbon credits to avoid double counting
News

Verra halts tokenization of carbon credits to avoid double counting

Verra, one of the world’s major carbon offset accreditors, announced on Wednesday that it will prohibit the practice of producing blockchain tokens or instruments based on retired credits.
May 27, 2022
Shizen Malaysia, Top Glove strike deal for 10-MW rooftop solar power
News

Shizen Malaysia, Top Glove strike deal for 10-MW rooftop solar power

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.
May 27, 2022
Southeast Asian wind energy market takes off with Philippines thriving
News

Southeast Asian wind energy market takes off with Philippines thriving

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.
May 27, 2022
US government may require suppliers to disclose GHG emissions
News

US government may require suppliers to disclose GHG emissions

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
May 26, 2022
Gujarat to launch India’s first carbon trading market
News

Gujarat to launch India’s first carbon trading market

In keeping with India’s decarbonization commitment, the Gujarat government inked a Memorandum of Understanding (MoU) on Monday to establish the country’s first carbon market.
May 26, 2022
East Bay Community Energy signs 40-MW geothermal PPA with Fervo Energy
News

East Bay Community Energy signs 40-MW geothermal PPA with Fervo Energy

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.
May 26, 2022
Australian carbon prices hike amid optimism about future policy
News

Australian carbon prices hike amid optimism about future policy

The price of Australian Carbon Credit Units (ACCU) skyrocketed on the first trading day following the federal election, boosted by anticipation that the new Labor government led by Anthony Albanese will raise demand for emissions reductions.
May 25, 2022
Latin America’s renewable market rebounds with Brazil leading way
News

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
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