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India plans to add 250 GW of renewable capacity in five years
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India plans to add 250 GW of renewable capacity in five years

India plans to achieve 500 GW of installed renewable capacity by 2030 by adding 250 GW of renewable energy capacity in the next five years, the Ministry of New and Renewable Energy (MNRE) said on April 5.
April 10, 2023
Large corporations fund their own carbon credit projects
News

Large corporations fund their own carbon credit projects

A number of big companies decided to create in-house carbon credits despite criticisms against offsets.
April 07, 2023
Apple expand renewable energy to 13.7 GW with supply chain partners
News

Apple expand renewable energy to 13.7 GW with supply chain partners

Apple on Wednesday said that its manufacturing partners are supporting over 13 GW of renewable electricity around the world, a nearly 30% increase in the last year.
April 06, 2023
Global initiative outlines criteria for voluntary carbon market
News

Global initiative outlines criteria for voluntary carbon market

The Integrity Council for the Voluntary Carbon Market (ICVCM), an independent governance body for the voluntary carbon market, outlined standards on March 30 that it hopes will bring transparency to the $2 billion market, which has struggled for credibili
March 31, 2023
Iberdrola, Amazon to co-develop large-scale wind, solar power
News

Iberdrola, Amazon to co-develop large-scale wind, solar power

Spanish utility Iberdrola and Amazon have signed a PPA to develop large-scale renewable projects in collaboration.
March 30, 2023
Carbon allowance sales up 9% to $63 billion
News

Carbon allowance sales up 9% to $63 billion

A record $63 billion was raised from the sale of carbon allowances across 28 emission trading systems (ETS) in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report
March 29, 2023
China to launch rural pilot scheme for renewables
News

China to launch rural pilot scheme for renewables

China is moving forward with plans to accelerate the already rapid deployment of renewable energy by developing clean energy in rural areas under a new action plan unveiled by authorities on March 23.
March 28, 2023
New Zealand's carbon allowance unit prices plunge to 18-month low
News

New Zealand's carbon allowance unit prices plunge to 18-month low

Prices of New Zealand Units, or NZUs, the country's emission trading carbon allowance unit, dropped to 18-month lows March 24 after a short-lived jump from a failed auction on March 15.
March 27, 2023
Vietnam's bureaucracy hampers wind power supply for major city
News

Vietnam's bureaucracy hampers wind power supply for major city

A wind farm in Vietnam's Ben Tre province, consisting of seven wind turbine towers, has remained inactive for several months, symbolizing the bureaucratic red tape that’s hindering the development of green energy in the country.
March 24, 2023
Global renewables capacity additions increased by 10% last year: IRENA
News

Global renewables capacity additions increased by 10% last year: IRENA

The International Renewable Energy Agency (IRENA) reported on Tuesday that renewable energy capacity worldwide grew by 9.6% last year. Despite this impressive growth, IRENA warned that the rate of expansion must triple to limit global warming.
March 23, 2023
Netherlands plans to build 500 MW offshore green hydrogen project in North Sea
News

Netherlands plans to build 500 MW offshore green hydrogen project in North Sea

The Dutch government has unveiled its plans to construct a large-scale hydrogen production facility to covert wind power into hydrogen in the North Sea.
March 22, 2023
South Korea lowers 2030 industrial emissions reduction targets
News

South Korea lowers 2030 industrial emissions reduction targets

South Korea on Tuesday revised down its 2030 greenhouse gas emissions reduction targets for the industrial sector, but kept its commitment to reducing carbon emissions by 40% of 2018 levels in what it called a reasonable adjustment.
March 22, 2023
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