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Indonesia’s PLN inks 50 MW PPA to ramp up solar power capacity
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Indonesia’s PLN inks 50 MW PPA to ramp up solar power capacity

Filipino-owned solar developer Solar Philippines (SP) and Indonesian oil giant Medco Energi have joined forces to sign a 20-year power purchase agreement (PPA) with PLN, Indonesia’s state-owned electricity company. SP and Medco Energi will build two solar
March 30, 2022
Australian carbon prices may need years to recover amid ‘mountain of supply’: analyst
News

Australian carbon prices may need years to recover amid ‘mountain of supply’: analyst

Australian Carbon Credit Units (ACCUs) have seen a significant drop in value after the government announced new changes to the carbon credit scheme earlier this month. Analysts predict that the plunge might last for years.
March 25, 2022
Andrah proposes new RPO targets to ramp up renewable push
News

Andrah proposes new RPO targets to ramp up renewable push

Andhra Pradesh Electricity Regulatory Commission (APERC) has recently drafted APERC Renewable Power Purchase Obligation Regulations, 2022, which details the obligation to purchase renewable energy and the compliance by purchasing renewable power or renewa
March 25, 2022
IATA launches industry standard to measure per passenger carbon emissions
News

IATA launches industry standard to measure per passenger carbon emissions

The International Air Transport Association (IATA) has announced on Tuesday the launch of the IATA Recommended Practice Per-Passenger CO2 Calculation Methodology, which aims at calculating the amount of carbon emissions produced by a passenger on a specif
March 24, 2022
Voltalia sells 13 thousand I-RECs in Brazil as market booms
News

Voltalia sells 13 thousand I-RECs in Brazil as market booms

Voltalia Comercializadora, a Brazil-based trading company of Voltalia Group, recently sold nearly 13,000 International Renewable Energy Certificates (I-RECs) to Magalu, Brazil's top e-commerce platform, reported by BNamericas.
March 24, 2022
Singapore and Indonesia to collaborate on regional carbon trading hub
News

Singapore and Indonesia to collaborate on regional carbon trading hub

Singapore's National Climate Change Secretariat (NCCS) stated on March 21 that the country has signed a Memorandum of Understanding (MoU) with Indonesia on cooperation in carbon pricing, climate change, and sustainability.
March 23, 2022
Brookfield’s New York Skyscraper to run entirely on renewable energy
News

Brookfield’s New York Skyscraper to run entirely on renewable energy

United States real estate company Brookfield Properties announced a new move to fully power One Manhattan West, one of its skyscrapers in Manhattan, with renewable energy, reported Bloomberg.
March 23, 2022
KAB bags five power purchase agreements, strengthening footing in Thailand
News

KAB bags five power purchase agreements, strengthening footing in Thailand

Kejuruteraan Asastera Berhad (KAB), a Malaysia-based electrical and mechanical engineering company, has signed five Rooftop Solar Power Generating System Construction and Power Purchase Agreements (PPAs) in Thailand. The aggregate capacity will total 4,28
March 23, 2022
SEC’s draft carbon disclosure rules for companies with Scope 3 in dispute
News

SEC’s draft carbon disclosure rules for companies with Scope 3 in dispute

The Securities and Exchange Commission (SEC) of the United States has released on Monday its long-awaited draft rule. If the rules are approved by the regulators, companies would be required to disclose their direct and indirect greenhouse gas emissions,
March 22, 2022
Sydney to green its ports with renewable shore power plan
News

Sydney to green its ports with renewable shore power plan

The Port Authority of New South Wales, Sydney, has revealed a plan to build the world’s first 100% renewable energy shore-powered shipping precinct.
March 22, 2022
Voluntary carbon market expected to grow 100 times as firms vowing net zero
News

Voluntary carbon market expected to grow 100 times as firms vowing net zero

The carbon credit market, which consists of the voluntary and regulatory markets, has the potential to boom as the world approaches its 2050 goal of net zero carbon emissions. “The demand for voluntary carbon credits is estimated to grow 15 times by 2030,
March 21, 2022
Coffee grounds and hydrogen could be pathway to green steel
News

Coffee grounds and hydrogen could be pathway to green steel

The Sustainable Materials Research and Technology (SMaRT) Center at the University of New South Wales (UNSW) has recently published three research papers, showing that waste coffee grounds and hydrogen may be utilized to produce green steel.
March 21, 2022
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