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Japan seeks to launch certificate of origin for renewables
News

Japan seeks to launch certificate of origin for renewables

Japan Electric Power Exchange (JEPX) plans to create a scheme by 2023 to certify the origin of green energy, aiming at identifying the types and locations of renewable power plants, Nikkei reported in May.
June 02, 2022
European carbon prices hike as power generators turn to coal
News

European carbon prices hike as power generators turn to coal

European carbon prices surpassed 85 euros due to higher compliance buying caused by a rapid increase in coal-fired power output in the bloc, resulting in an estimated 60 megatonne of additional carbon emissions.
June 01, 2022
Bursa Malaysia, Verra team up to work on voluntary carbon market
News

Bursa Malaysia, Verra team up to work on voluntary carbon market

In the hopes of establishing a voluntary carbon market (VCM) in Malaysia, the Bursa Malaysia Exchange has signed a memorandum of understanding (MoU) with Verra, an international carbon credit standards body.
June 01, 2022
South Asian apparel giant MAS switches two sites to 100% renewables
News

South Asian apparel giant MAS switches two sites to 100% renewables

MAS Holdings, South Asia’s largest garment and textile manufacturer, announced this week that two of its production sites in Central Java, Indonesia, will become the company’s first manufacturing unit to run entirely on renewable energy.
June 01, 2022
Global carbon pricing schemes brought in US$84 billion in 2021
News

Global carbon pricing schemes brought in US$84 billion in 2021

Global carbon pricing revenue reached US$84 billion in 2021, almost 60% higher than in 2020, providing an important source of funding to support a long-term economic recovery, finance broader fiscal reforms, and invest in communities, according to the Wo
May 31, 2022
IKEA to sell solar panels in some US stores
News

IKEA to sell solar panels in some US stores

IKEA, the world’s largest furniture retailer, will collaborate with American renewable energy company SunPower to make solar energy more accessible for customers, the company stated earlier this month in a press release.
May 31, 2022
Consum signs solar PPA with Endesa to secure 50% electricity needs
News

Consum signs solar PPA with Endesa to secure 50% electricity needs

Consum announced that it has entered a ten-year power supply contract with Endesa for 75 MW of solar power, which will be able to cover 50% of the supermarket chain’s power demand, equivalent of nearly 76,000 families’ electricity consumption.
May 31, 2022
G7 nations to end carbon emissions from power sector by 2035
News

G7 nations to end carbon emissions from power sector by 2035

The Group of Seven nations announced on Friday that they plan to largely cut greenhouse gas emissions from energy industry by 2035, meaning that these countries wouldn’t be able to burn coal for energy after the date.
May 30, 2022
Japan creates world’s fastest system to remove carbon dioxide from air
News

Japan creates world’s fastest system to remove carbon dioxide from air

Tokyo Metropolitan University researchers have developed a new way to capture carbon emissions. The technology, using isophorone diamine (IPDA) in a “liquid-solid phase separation” system, can remove carbon dioxide from the atmosphere with 99% efficiency.
May 30, 2022
Infineon to adopt 100% green energy for its Austin plant
News

Infineon to adopt 100% green energy for its Austin plant

Infineon Technologies, one of the world’s major semiconductor makers, announced earlier this month that it will run its Austin production site entirely on renewable energy.
May 30, 2022
Verra halts tokenization of carbon credits to avoid double counting
News

Verra halts tokenization of carbon credits to avoid double counting

Verra, one of the world’s major carbon offset accreditors, announced on Wednesday that it will prohibit the practice of producing blockchain tokens or instruments based on retired credits.
May 27, 2022
Shizen Malaysia, Top Glove strike deal for 10-MW rooftop solar power
News

Shizen Malaysia, Top Glove strike deal for 10-MW rooftop solar power

Japanese renewable energy developer, Shizen Energy, via its Malaysian subsidiary, has inked a second long-term power purchase agreement (PPA) with Malaysia’s Top Glove Corporation for a 10 MWp rooftop solar power array.
May 27, 2022
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