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Stellantis inks second largest corporate PPA ever for 400 MW of solar
News

Stellantis inks second largest corporate PPA ever for 400 MW of solar

Automaker Stellantis signed the second largest corporate power purchase agreement on record today to procure 400 MW of new solar development in Michigan under DTE Energy’s MIGreenPower program.
December 13, 2022
Bursa Malaysia launches first Shariah-compliant carbon trading platform
News

Bursa Malaysia launches first Shariah-compliant carbon trading platform

Bursa Malaysia launched the country’s first voluntary carbon market (VCM) on December 9, with the first carbon credit auction to take place next March.
December 12, 2022
Philippines greenlights foreign investors full ownership of renewables
News

Philippines greenlights foreign investors full ownership of renewables

The Philippines now allows for 100% foreign ownership of renewable energy projects for the first time following its signing of a circular amending the implementing rules and regulations (IRR) of the Renewable Energy Act of 2008.
December 09, 2022
Carbon footprints of Bitcoin mining surge 126-fold in five years
News

Carbon footprints of Bitcoin mining surge 126-fold in five years

Emissions from mining cryptocurrencies have skyrocketed, researchers reported in Scientific Reports. The carbon footprint of mining one Bitcoin multiplied 126 times from 2016 to 2021. In that window, Bitcoin mining caused an estimated $12 billion in globa
December 08, 2022
IEA predicts renewables to dominate electricity generation by 2025
News

IEA predicts renewables to dominate electricity generation by 2025

Global renewable energy capacity will soar by around 75% in the next five years, according to the International Energy Agency (IEA) on Tuesday, citing energy security concerns as a key reason.
December 07, 2022
Qatar World Cup criticized for its gigantic carbon footprint
News

Qatar World Cup criticized for its gigantic carbon footprint

The FIFA 2022 World Cup is currently underway in Qatar, a small desert nation with the highest carbon emissions per capita in the world and generates most of its revenue from the extraction and sale of oil.
December 06, 2022
Soaring GO prices to drive renewable energy development
News

Soaring GO prices to drive renewable energy development

Debate over the best way to buy renewable energy has been heating up recently as strong demand has pushed European Guarantee of Origin (GO) certificates to all-time high prices.
December 05, 2022
Study finds way to generate chemicals from captured carbon dioxide
News

Study finds way to generate chemicals from captured carbon dioxide

Scientists at the University of Surrey have developed a new technology to convert CO2 captured from the atmosphere into useful chemicals such as carbon monoxide and synthetic natural gas.
December 02, 2022
Almost 23% of US electricity came from renewables in 2022
News

Almost 23% of US electricity came from renewables in 2022

US renewable energy sources provided almost 23% of the nation's electrical
generation during the first three-quarters of 2022, according to a review by
the SUN DAY Campaign of data released by the US Energy Information Administration (EIA).
December 01, 2022
EU readies carbon removal certification mechanism to help tackle climate change
News

EU readies carbon removal certification mechanism to help tackle climate change

The European Commission is set to propose a scheme to certify removals of carbon dioxide from the atmosphere as part of the efforts to achieve net-zero emissions by mid-century, according to a leaked proposal seen by EURACTIV.
November 30, 2022
Google, Microsoft purchase more renewable energy for datacenters
News

Google, Microsoft purchase more renewable energy for datacenters

Microsoft and Google have both signed new agreements for using more renewable energy sources for their datacenters as part of efforts to lower their IT operations’ carbon footprint.
November 29, 2022
Hong Kong’s new carbon marketplace completes 40 trades
News

Hong Kong’s new carbon marketplace completes 40 trades

The Hong Kong stock exchange has carried out the first batch of carbon credit trades on its new voluntary carbon market in the first four weeks since launch, joining a handful of Asian exchanges in tapping opportunities resulting from governments’ push to
November 28, 2022
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