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Renewable energy set to break records in 2023, IEA says
News

Renewable energy set to break records in 2023, IEA says

With the global energy crisis as a catalyst, solar PV and wind are set to lead the largest annual increase in new renewable capacity ever, IEA report shows.
June 06, 2023
Carbon markets predicted to face short-term price dips
News

Carbon markets predicted to face short-term price dips

Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t
June 06, 2023
Shell buys 1.1 GW of solar projects in Spain
News

Shell buys 1.1 GW of solar projects in Spain

Oil giant Shell has acquired 12 solar projects in Spain with a total capacity of 1.1 GW from renewables developer Isemaren, its head of renewables generation Thomas Brostrom said.
June 05, 2023
Delta Air faces lawsuit over carbon-neutral claims
News

Delta Air faces lawsuit over carbon-neutral claims

A consumer class action lawsuit filed Tuesday alleges Delta Air Lines inaccurately billed itself as the world's “first carbon-neutral airline” while relying on carbon offsets that were largely fraudulent.
June 05, 2023
California aims over 400% growth in clean energy by 2045
News

California aims over 400% growth in clean energy by 2045

California has made major strides in the energy transition from carbon-based fuels to a power supply that is zero emissions by 2045. Governor Gavin Newsom issued an annual report underlining the progress, remarking that the state is“on pace”to reach the g
June 05, 2023
Greenlandic rock flour can capture significant CO2, study finds
News

Greenlandic rock flour can capture significant CO2, study finds

Rock flour produced by the grinding under Greenland’s glaciers can capture climate-heating CO2 when spread on farm fields, research has shown for the first time.
June 02, 2023
Indonesia's PLN seeks $700M investment for 200-MW solar installations
News

Indonesia's PLN seeks $700M investment for 200-MW solar installations

Perusahaan Listrik Negara (PLN), Indonesia’s state utility company, seeks a $700-million investment to deploy a 200 MW solar panel that will replace diesel power generators to reduce carbon emissions, the company announced on May 27.
June 02, 2023
Zimbabwe introduces stricter carbon credit regulations to combat greenwashing
News

Zimbabwe introduces stricter carbon credit regulations to combat greenwashing

Zimbabwe’s environment ministry plans to closely regulate voluntary carbon offset trading to curb greenwashing and ensure benefits go toward local communities.
June 02, 2023
Global floating solar to surpass 6 GW by 2031
News

Global floating solar to surpass 6 GW by 2031

The global floating solar market is projected to surpass 6 GW by 2031, as PV developers struggle to meet increasing solar demand and turn to alternative technologies for development, according to Wood Mackenzie.
June 02, 2023
Germany, Denmark sign offshore wind power cooperation deal
News

Germany, Denmark sign offshore wind power cooperation deal

Germany and Denmark have signed an agreement to connect at least 3 GW of wind energy generation capacity on the Danish island of Bornholm to the mainland by the beginning of the 2030s, the German economy ministry said on Thursday.
June 02, 2023
Extreme heatwave in Southeast Asia sparks concerns over surging energy demands
News

Extreme heatwave in Southeast Asia sparks concerns over surging energy demands

As temperatures soared above 45°C in South and Southeast Asia in recent weeks, governments faced challenges in meeting unprecedented electricity demands due to the widespread use of air conditioning.
June 02, 2023
Taking carbon dioxide from the atmosphere and turning it into vinegar
News

Taking carbon dioxide from the atmosphere and turning it into vinegar

Researchers have made a catalyst that can turn carbon dioxide into acetic acid, a tremendously useful industrial chemical and food additive.
June 02, 2023
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