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AES, Amazon ink PPAs for 450 MW solar, 225 MW energy storage
News

AES, Amazon ink PPAs for 450 MW solar, 225 MW energy storage

American energy developer AES Corporation announced last week that it has signed two power purchase agreements (PPAs) with Amazon to deliver 450 MW of clean energy to power its data center operations in California.
May 09, 2022
EU drafts sustainability disclosure standards for businesses
News

EU drafts sustainability disclosure standards for businesses

Under the new European Union reporting standards, companies would be required to set a significantly broader range of sustainability targets, Carbon Disclosure Project, a non-profit environmental organization, said on Tuesday.
May 06, 2022
AES to supply Microsoft 110 MW solar for its California data centers
News

AES to supply Microsoft 110 MW solar for its California data centers

American energy company AES Corporation announced this week that it has entered into a 20-year power purchase agreement with Microsoft to deliver renewable energy to its California data centers.
May 06, 2022
I-REC transactions go digital with ENGIE’s online platform
News

I-REC transactions go digital with ENGIE’s online platform

ENGIE Brasil, Brazil’s largest private energy generator, has started the digital transaction of I-REC, a certificate proving the renewable origin of the power consumed, on Energy Place, a digital marketing platform developed by the company.
May 06, 2022
Japan submits to IMO ‘most ambitious’ carbon tax plan
News

Japan submits to IMO ‘most ambitious’ carbon tax plan

The Japanese government has submitted a proposal to the International Maritime Organization (IMO) to impose a hefty carbon tax, adding to a growing list of possibilities for the regulator’s Marine Environment Protection Committee (MEPC) to consider at its
May 05, 2022
Israeli startup develops cost-effective way to capture carbon with balloon
News

Israeli startup develops cost-effective way to capture carbon with balloon

High Hopes Lab, an Israeli startup, has joined the fight against climate crisis by developing carbon-capture balloons that it said will become the world’s first affordable, scalable technique of capturing carbon dioxide from the atmosphere.
May 05, 2022
Denmark pushes forward ‘energy islands’ to cut reliance on Russia
News

Denmark pushes forward ‘energy islands’ to cut reliance on Russia

Denmark, a world pioneer in the offshore wind power, plans to expand its renewable energy portfolio with the world’s first “energy islands.”
May 05, 2022
India orders mandatory bundling of renewables with coal-based plants
News

India orders mandatory bundling of renewables with coal-based plants

The Indian government plans to make bundling of conventional electricity with renewable energy mandatory for all generation companies in the country, including private ones, to reduce the country’s coal demand and make electricity prices cheaper or more a
May 04, 2022
India’s central bank urges cement sector to cut emissions
News

India’s central bank urges cement sector to cut emissions

In a recent report, the Reserve Bank of India (RBI) pushed for technological intervention to address carbon emissions from the cement industry to help India meet its net-zero emission targets.
May 04, 2022
ReNew Energy inks PPAs for almost 2 GW solar power in India
News

ReNew Energy inks PPAs for almost 2 GW solar power in India

ReNew Energy Global, an Indian renewable energy company, announced on Tuesday that it has entered into several power purchase agreements (PPAs) with utilities and corporate off-takers in India totaling about 2 GW of solar energy.
May 04, 2022
EU emission allowances forecast to climb but uncertainty remains amid war
News

EU emission allowances forecast to climb but uncertainty remains amid war

As high gas prices push electricity generators to use more coal-fired power, analysts have upped their European carbon market average price forecasts for 2024, but have cautioned that the Russia-Ukraine conflict might stifle industrial activity and decrea
May 03, 2022
1.2 billion carbon credits surplus might flood market
News

1.2 billion carbon credits surplus might flood market

A total surplus of 1.2 billion metric tons of carbon credits might flood the carbon market at short notice, according to an analyst from London-based Trove Research.
May 03, 2022
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