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Europe’s renewable contract volume declines sharply in March
News

Europe’s renewable contract volume declines sharply in March

Pexapark, a Zurich-based renewable energy consultancy, has published its latest report, pointing out a significant drop in European PPA activity in March.
April 26, 2022
Shell plans to retire 120 million tonnes of carbon credits by 2030
News

Shell plans to retire 120 million tonnes of carbon credits by 2030

Shell aims to retire 120 million tonnes carbon dioxide equivalent of carbon credits in 2030, roughly 20 times the amount it did in the coronavirus pandemic-affected year of 2021.
April 25, 2022
US government eyes 29 GW renewable energy expansion on public lands by 2025
News

US government eyes 29 GW renewable energy expansion on public lands by 2025

The US Bureau of Land Management (BLM) has announced that it aims to approve the construction of 39 utility-scale solar projects totaling more than 29 GW of plant capacity on federal public lands in six western states through third quarter of 2025.
April 25, 2022
EDP Renewables inks 60-MW solar PPA with US pharma company
News

EDP Renewables inks 60-MW solar PPA with US pharma company

EDP Renewables, through its subsidiary EDP Renewables North America, has signed a 15-year power purchase agreement (PPA) with American pharmaceutical company Bristol Myers Squibb for 60 MW renewable energy from the 240-MW Cattlemen Solar Park in Milam Cou
April 25, 2022
Portugal simplifies permission process for renewable energy projects
News

Portugal simplifies permission process for renewable energy projects

The Portuguese government has promulgated a new decree on Monday, adopting exceptional measures to simplify permission procedure for renewable energy projects. The new rules are immediately effective for a period of two years.
April 22, 2022
Tesla earns US$679 million from sales of carbon credits in first quarter
News

Tesla earns US$679 million from sales of carbon credits in first quarter

Tesla reported on Wednesday its first-quarter earnings, beating analysts’ expectations by selling more than twice as many carbon credits as in preceding quarters. Throughout the years, Tesla's revenues have been fueled by credit sales.
April 22, 2022
Denmark proposes standard carbon tax for businesses
News

Denmark proposes standard carbon tax for businesses

The government of Denmark unveiled on Wednesday a standard carbon tax for businesses as a method to meet the country’s climate goal.
April 22, 2022
EU carbon prices jumps 9% as the bloc moves closer to market reform
News

EU carbon prices jumps 9% as the bloc moves closer to market reform

The benchmark European carbon contract soared to nearly an eight-week high following news of potential European Union market reform, and technical purchasing drove the contract through resistance levels of the past few weeks.
April 21, 2022
ExxonMobil projects carbon capture market to be worth $4 trillion by 2050
News

ExxonMobil projects carbon capture market to be worth $4 trillion by 2050

Exxon Mobil predicts that by 2050, the market for carbon capture and sequestration will be worth US$4 trillion, according to a presentation given on Tuesday.
April 21, 2022
Renewable market size to hit $1,998.03 billion by 2030 with Asia Pacific leading the way
News

Renewable market size to hit $1,998.03 billion by 2030 with Asia Pacific leading the way

As worries about climate change and pollution levels continue to grow, the worldwide renewable energy market size is expected to value around US$1.9 trillion by 2030, with a compound annual growth rate of 8.6% from 2022 to 2030, according to Precedence Re
April 21, 2022
WINT launches new tool to help businesses cut water waste and carbon footprint
News

WINT launches new tool to help businesses cut water waste and carbon footprint

WINT Water Intelligence, an American water management company, has released a new set of data-driven tools to help businesses reduce carbon and other greenhouse gas emissions from water use and waste, as well as their carbon footprints.
April 20, 2022
EU mulls toughening renewable targets to cut Russian energy reliance
News

EU mulls toughening renewable targets to cut Russian energy reliance

The European Union is considering setting more ambitious targets for its renewable energy capacity expansion as part of its efforts to cut its over-dependency on Russian fossil fuels, according to Frans Timmermans, the Executive Vice President of the Euro
April 20, 2022
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