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Coro Energy enters 25-year solar power purchase agreement in Vietnam
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Coro Energy enters 25-year solar power purchase agreement in Vietnam

Coro Energy, an UK-based and Southeast Asia-focused energy company, announced on Monday that it has inked a 25-year power purchase agreement (PPA) with Phong Phu, a Vietnamese textiles producer.
April 12, 2022
Global renewable energy capacity surges 9% with Asia leading the way
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Global renewable energy capacity surges 9% with Asia leading the way

According to a report released on Monday by the International Renewable Energy Agency (IRENA), global renewable power capacity increased by 9.1% to 3,064 GW in 2021, as governments focus on reducing emissions to mitigate global warming.
April 12, 2022
Atmospheric methane saw record surge in 2021, US NOAA says
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Atmospheric methane saw record surge in 2021, US NOAA says

The National Oceanic and Atmospheric Administration (NOAA) said on Thursday that atmospheric methane continued rising in 2021, setting another new record for the second year in a row.
April 11, 2022
IPCC cites cryptocurrency as factor of ‘future climate risks’
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IPCC cites cryptocurrency as factor of ‘future climate risks’

The Intergovernmental Panel on Climate Change (IPCC), a United Nations entity tasked with analyzing climate change science, has published a new report last week in which it cited cryptocurrency as one of the technologies that might require more energy and
April 11, 2022
Australia’s oldest university to go 100% renewables
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Australia’s oldest university to go 100% renewables

The University of Sydney, Australia’s oldest university, announced last week that it has entered into a five-year contract with Red Energy, backed by Snowy Hydro, to source 100% of its electricity from solar energy.
April 11, 2022
Maersk pledges to net zero steel by 2040 in a bid to reduce carbon footprint
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Maersk pledges to net zero steel by 2040 in a bid to reduce carbon footprint

After committing to achieving carbon neutrality by 2040 in January, Maersk, the world’s largest shipping company, has joined SteelZero to use 100% net zero steel by 2040.
April 08, 2022
Canada proposes tax credit to encourage carbon capture investment
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Canada proposes tax credit to encourage carbon capture investment

Canadian Prime Minister Justin Trudeau announced on Thursday the introduction of one of the country’s largest single industrial tax incentives to fund carbon capture projects, as part of his government’s effort to meet the climate objectives by offsetting
April 08, 2022
Microsoft Chile inks PPA with AES Andes to power data center with 100% renewables
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Microsoft Chile inks PPA with AES Andes to power data center with 100% renewables

Microsoft Chile announced that it has signed a renewable power purchase agreement (PPA) with Chilean electricity provider AES Andes S.A., allowing customers to cut their carbon footprint while speeding up their digitization.
April 08, 2022
Hard-to-process plastic waste can be cost-effective way to capture carbon dioxide
News

Hard-to-process plastic waste can be cost-effective way to capture carbon dioxide

Heating plastic waste in the presence of a certain chemical can produce particles that absorb carbon dioxide, according to a research team from Rice University.
April 07, 2022
New South Wales outlines standards for new renewable energy zone access scheme
News

New South Wales outlines standards for new renewable energy zone access scheme

The New South Wales Government has issued a draft of proposed access rules for projects wishing to participate in the state’s Renewable Energy Zones (REZ), which will offer guidelines for clean energy investments, including where projects will be built an
April 07, 2022
Germany introduces new package to beef up renewable energy
News

Germany introduces new package to beef up renewable energy

The German government revealed on Wednesday a new energy package aimed at accelerating and promoting renewable energy development. The proposal, entitled “Easter package,” highlights that the use of renewable energies is in the public interest and serves
April 07, 2022
Indonesia defers carbon tax rollout amid inflation concerns
News

Indonesia defers carbon tax rollout amid inflation concerns

The Indonesian government has decided to postpone the implementation of its carbon tax from April to July due to global economic upheaval and continued disruptions in the energy industry, a government official said over the weekend.
April 06, 2022
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