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Vietnam mulls setting up renewable energy center to realize COP26 commitment
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Vietnam mulls setting up renewable energy center to realize COP26 commitment

In the hopes of speeding up net zero transition, Vietnam’s Ministry of Industry and Trade (MoIT) and the Ministry of Natural Resources and Environment (MoNRE) have been tasked with coordinating the establishment of a renewable energy center, which is expe
February 23, 2022
A $174 carbon price is needed for global shipping bunker fuels: experts
News

A $174 carbon price is needed for global shipping bunker fuels: experts

As the maritime sector has vowed to halve global shipping's greenhouse gas emissions by 2050 and might even raise the target to a net zero emission goal next year, several experts suggest that a carbon pricing scheme should be implemented for bunker fuels
February 22, 2022
Axpo inks PPA with Obton for 11 MW German solar parkenergy
News

Axpo inks PPA with Obton for 11 MW German solar parkenergy

Axpo Holding, Switzerland's largest producer of renewable energy, announced on Monday that it hasd signed a power purchase agreement (PPA) with Denmark's renewables investor Obton for an 11 MW solar plant in Germany.
February 22, 2022
Singapore announces 500% rise in carbon tax from 2024
News

Singapore announces 500% rise in carbon tax from 2024

Singapore will raise its carbon tax by 500% to SG$25 per tonne in 2024, said Lawrence Wong, the city-state’s finance minister, as the government strives to achieve its net zero goal by 2050.
February 21, 2022
T-RECs issuance crossed 1 million milestone with 99% taken by TSMC
News

T-RECs issuance crossed 1 million milestone with 99% taken by TSMC

As environmental consciousness grows, demand for renewable energy saw a rapid surge. Taiwan’s Bureau of Standard, Metrology, and Inspection (BSMI) announced on Friday that, over the past six years, it has issued a total of 1.06 million renewable energy ce
February 21, 2022
Australian carbon price drops as investors liquidating credits
News

Australian carbon price drops as investors liquidating credits

After more than six months of rapid increase, the price of Australian Carbon Credit Units (ACCUs) has decreased in the last two weeks. ACCUs were trading at around AU$51/tonne of carbon dioxide equivalent this week, down from over AU$57/tonne at the start
February 18, 2022
Google Cloud launches tool to help firms reduce carbon footprint
News

Google Cloud launches tool to help firms reduce carbon footprint

Google Cloud, after analyzing collected data from its whole customer base in 2021, has recently announced that it has broadened scope of Active Assist to assist its clients in reducing their carbon footprint.
February 18, 2022
CEBA announces 10 largest U.S. corporate buyers of renewable energy in 2021
News

CEBA announces 10 largest U.S. corporate buyers of renewable energy in 2021

The Sustainable Energy Buyers Association (CEBA) released its annual Deal Tracker Top 10 list on Wednesday, highlighting the top ten U.S. clean energy buyers in 2021. For the second year in a row, Amazon tops the list with 2.85 GW of announced projects.
February 18, 2022
Lead EU lawmaker proposes amendments to tame skyrocketing carbon price
News

Lead EU lawmaker proposes amendments to tame skyrocketing carbon price

German member of European Parliament Peter Liese suggested on Wednesday that the European Union release permits held in a carbon market reserve if the price of carbon credits rises above certain threshold.
February 17, 2022
US wind PPA prices rise amid supply chain and inflation concerns
News

US wind PPA prices rise amid supply chain and inflation concerns

US wind power purchase agreement (PPA) prices climbed in 2021 and continued to rise towards the end of the year, as wind energy developers seek to offset supply chain problems and cost inflation with higher fee, American Clean Power Association (ACP) said
February 17, 2022
EU economic recovery drives up greenhouse gas emissions in third quarter
News

EU economic recovery drives up greenhouse gas emissions in third quarter

As economies recovered from the coronavirus crisis, greenhouse gas emissions increased across the European Union in the third quarter of 2021, according to the report released by Eurostat on Tuesday.
February 16, 2022
US telecom giant AT&T inks 155 MW solar power deal with Vitol
News

US telecom giant AT&T inks 155 MW solar power deal with Vitol

US telecom giant AT&T announced on Tuesday that the company has struck a power purchase agreement (PPA) with energy trading company Vitol for 155 MW of solar electricity. The off-take deals involve 80 MW of solar energy from the Bluegrass PV plant in Quee
February 16, 2022
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