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European Parliament approves EU’s biggest climate policy
News

European Parliament approves EU’s biggest climate policy

The European Parliament approved on April 18 as many as three pieces of legislation from its landmark Fit for 55 package, which aims to reduce greenhouse gas emissions by 55% by 2030.
April 21, 2023
Foxwell Power helps multinational corporation decarbonise supply chain
News

Foxwell Power helps multinational corporation decarbonise supply chain

A growing number of multinational and large local companies are committing to become carbon neutral. While such a move has yet to be mandated by the government, a major multinational firm last year signed a Memorandum of Understanding (MoU) with Foxwell P
April 20, 2023
UK government looks to reform CfD scheme to improve energy security
News

UK government looks to reform CfD scheme to improve energy security

The UK government is seeking views on a major reform to the flagship renewables contracts for difference (CfD) scheme that could help drive further investment in renewable energy deployment and improve energy security.
April 20, 2023
Finnish startup turns CO2 into carbon-negative concrete blocks that can trap emissions
News

Finnish startup turns CO2 into carbon-negative concrete blocks that can trap emissions

Carbonaide, a spin-out from VTT Technical Research Centre of Finland, has come up with a solution to reduce carbon footprint by transforming CO2 into carbon-negative concrete blocks that eventually become a carbon sink, or an object that is able to absorb
April 19, 2023
Renewable energy market trend and procurement options in Southeast Asia for 2023
Research

Renewable energy market trend and procurement options in Southeast Asia for 2023

This article aims to provide businesses with an overview of the current market situation and procurement methods for renewable energy in Southeast Asia, which can serve as a reference for establishing their plants in the region.
April 18, 2023
European wind PPA prices rise 35% over last six months while solar prices drop
News

European wind PPA prices rise 35% over last six months while solar prices drop

European wind prices have continued to rise by 35% over the last six months, as project developers face permitting barriers and rising costs that have pushed up prices, according to LevelTen Energy's Q1 PPA Price Index.
April 18, 2023
Global methane levels soar to over 2.5 times pre-industrial levels
News

Global methane levels soar to over 2.5 times pre-industrial levels

The rapid rise of atmospheric levels of carbon dioxide (CO2), methane and nitrous oxide has been continuing in 2022, observed the US National Oceanic and Atmospheric Administration (NOAA) scientists, with methane levels in the atmosphere more than two and
April 17, 2023
Google signs Belgium, Dutch PPAs for 176 MW wind
News

Google signs Belgium, Dutch PPAs for 176 MW wind

Google has signed new Power Purchase Agreements (PPAs) for wind energy in Belgium and the Netherlands in an effort to run 24/7 clean energy by 2030.
April 14, 2023
European aviation warns of €‎800bn bill to reach net zero
News

European aviation warns of €‎800bn bill to reach net zero

The European aviation industry faces more than ‎800 billion euros in extra costs to reach net zero emissions by 2050 to limit climate change, according to an industry-commissioned report that highlights the challenge facing the sector as it decarbonises.
April 13, 2023
Southeast Asian countries' ambitions for voluntary carbon market
Research

Southeast Asian countries' ambitions for voluntary carbon market

In recent years, carbon markets have gained increasing attention from governments, corporations, and investors. In Southeast Asia, Thailand and Malaysia have established voluntary carbon credit trading platforms and exchanges in 2022.
April 12, 2023
‘Entering the clean power era’: Global wind, solar reached record levels in 2022
News

‘Entering the clean power era’: Global wind, solar reached record levels in 2022

Wind and solar reached a record 12% of global electricity generation in 2022, up from 10% in 2021, according to the latest Global Electricity Review released Wednesday by energy think tank Ember.
April 12, 2023
H&M, LanzaTech launch carbon clothing collection
News

H&M, LanzaTech launch carbon clothing collection

Swedish fashion brand H&M has partnered with carbon capture company LanzaTech to create garments made from captured emissions and combining them with the brand’s own DryMove technology—a trademarked material that is designed to pull away moisture from the
April 11, 2023
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