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EU develops strategy to expand investment in capturing CO2
News

EU develops strategy to expand investment in capturing CO2

The European Commission is working on plans to speed up investment in capturing and storing CO2 emissions, it said on June 9, as the bloc prepares to cut its net greenhouse gas emissions to zero by 2050.
June 14, 2023
New alliance to grow UAE carbon market
News

New alliance to grow UAE carbon market

A new coalition called UAE Carbon Alliance making up of UAE companies has been established to develop and grow a carbon market in the United Arab Emirates. 
June 13, 2023
China's installed non-fossil fuel electricity capacity surpass 50% of total
News

China's installed non-fossil fuel electricity capacity surpass 50% of total

China's non-fossil fuel power sources now exceed 50% of its total installed electricity capacity, state media Xinhua said on June 12, citing an official at the National Reform and Development Commission.
June 13, 2023
Chinese energy storage, battery firms mull big investments in Vietnam
News

Chinese energy storage, battery firms mull big investments in Vietnam

Two Chinese manufacturers of energy storage systems and batteries are considering investments worth hundreds of millions of dollars in Vietnam, according to industry and government sources.
June 13, 2023
IETA opens Asia hub in Singapore to support carbon market
News

IETA opens Asia hub in Singapore to support carbon market

The International Emissions Trading Association (IETA) has launched its Asia hub in Singapore on Jun 8.
June 12, 2023
3D printing could be used to make carbon capture filters
News

3D printing could be used to make carbon capture filters

New study from North Carolina State University showed that 3D printing may be used to create carbon capture filters.
June 12, 2023
Germany launches $53 bln scheme to help industrial sector decarbonize
News

Germany launches $53 bln scheme to help industrial sector decarbonize

Germany launches a program that will make tens of billions of euros available for firms facing considerable energy costs, with an aim to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.
June 09, 2023
Ikea Adelaide store hosts Australia’s largest commercial microgrid
News

Ikea Adelaide store hosts Australia’s largest commercial microgrid

The Ikea Adelaide store now has Australia’s largest grid-connected commercial microgrid, which features a 1.2 MW rooftop solar system and a 3 MW/3.45 MWh energy storage system supported by Planet Ark Power’s eleXsys energy management system for surplus ex
June 07, 2023
UN controversial document sparks global debate on carbon offsets
News

UN controversial document sparks global debate on carbon offsets

A draft document to define a new global carbon market released last month by the United Nations elevated nature-based solutions like planting trees while downplaying the role of carbon dioxide removal (CDR) via machines or other forms of technology.
June 07, 2023
IEA: Global solar additions to hit 310 GW in 2024
News

IEA: Global solar additions to hit 310 GW in 2024

The International Energy Agency (IEA) has released a new recent market report update regarding the outlook for renewable energy in 2023 and 2024.
June 07, 2023
From sea to land, China aims to trap 2mln tonnes of carbon
News

From sea to land, China aims to trap 2mln tonnes of carbon

China has taken a major step forward in delivering carbon neutrality after launching projects to capture carbon. The projects located on land and at sea will help the country reduce the release of nearly two million tonnes of carbon dioxide into the atmos
June 07, 2023
Japan pledges $107 bln in deploying hydrogen over 15 years
News

Japan pledges $107 bln in deploying hydrogen over 15 years

Japan plans to invest 15 trillion yen ($107.5 billion) over next 15 years to supply the country with hydrogen, the government said on June 6, as it speeds up efforts to use the gas to shift to a low carbon economy.
June 07, 2023
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