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EU lawmakers back market restrictions to curb speculation
News

EU lawmakers back market restrictions to curb speculation

Senior members of the European Parliament’s environment committee have reached initial agreement on a plan to restrict market speculators’ access to the European carbon market, as well as to tighten the carbon market by pushing for a 67% cut in emissions
May 13, 2022
Vodafone pens 10-year solar power purchase agreement with Centrica
News

Vodafone pens 10-year solar power purchase agreement with Centrica

Vodafone has secured a 10-year power purchase agreement (PPA) with Centrica for solar energy generated by three new solar farms in Lincolnshire, Worcestershire, and Nottinghamshire. The deal helps the telecom secure clean energy supply and supports its go
May 13, 2022
Micron announces goal to achieve net-zero emissions by 2050
News

Micron announces goal to achieve net-zero emissions by 2050

Micron Technology, a key player in the semiconductor business, has announced on Wednesday its new greenhouse gas emission reduction targets in its annual sustainability report.
May 12, 2022
Meta secures 112 MW US wind PPA with Liberty
News

Meta secures 112 MW US wind PPA with Liberty

Liberty announced on Wednesday a new power purchase agreement (PPA) signed with Meta, formerly known as Facebook. The energy company will provide Meta with wind energy generated from the new 112-MW Deerfield II wind project in the Great Lakes State.
May 12, 2022
The world saw 295 GW of renewable capacity addition in 2021
News

The world saw 295 GW of renewable capacity addition in 2021

Despite several headwinds for the renewable energy market caused by the pandemic, such as supply chain bottlenecks, material price hikes, and construction delays, the world added a record amount of new solar, wind, and other renewable capacity last year,
May 12, 2022
Karnataka proposes solar RPO target of 11.5% for DISCOMS
News

Karnataka proposes solar RPO target of 11.5% for DISCOMS

The Karnataka Electricity Regulatory Commission (KERC) issued amendment to Karnataka Electricity Regulatory Commission (Procurement of Energy from Renewable Sources) Regulations, 2022, establishing the Renewable Purchase Obligation (RPO) target for fiscal
May 11, 2022
Atmospheric carbon levels hit all-time high in human history
News

Atmospheric carbon levels hit all-time high in human history

Levels of carbon dioxide in the atmosphere reach the highest on record for any calendar month during April, according to the Scripps Institution of Oceanography’s data.
May 11, 2022
Visa teams up with banks to facilitate carbon credit transaction
News

Visa teams up with banks to facilitate carbon credit transaction

The global payments technology company Visa, together with Carbonplace, a carbon credit settlement platform, has developed a carbon credit system and has conducted a successful pilot transfer.
May 11, 2022
European carbon prices plummet 5% after challenging recent high
News

European carbon prices plummet 5% after challenging recent high

The global recession fears have spread to the European carbon market and led to a 5% decline in prices although there are no new dangers of an escalation in the Ukraine war or the impasse between the European Union and Russia over its fossil fuels.
May 10, 2022
EU seeks one-year limit for renewable energy permission process
News

EU seeks one-year limit for renewable energy permission process

The European Commission aims to accelerate the bloc’s green transition and to wean itself off Russian resources by allowing some renewable energy projects to acquire permits within a year, Reuters reported on Monday, quoting a draft document.
May 10, 2022
Renewable energy certificate market to reach $103 billion by 2030
News

Renewable energy certificate market to reach $103 billion by 2030

The global renewable energy certificate market generated US$9.3 billion in 2020 and is predicted to reach US$103.2 billion by 2030, with a compound annual growth rate of 27.2% from 2021 to 2030, according to a recent report published by Allied Market Rese
May 10, 2022
Singapore carbon exchange to launch carbon offset futures trading
News

Singapore carbon exchange to launch carbon offset futures trading

To meet the growing demand from businesses to hedge their risks from greenhouse gas emissions, AirCarbon, a Singaporean carbon exchange, is collaborating with Germany’s main bourse, Deutsche Boerse AG, to create futures trading for carbon offsets as early
May 09, 2022
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