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Asia sees a threefold surge in renewable energy transaction
News

Asia sees a threefold surge in renewable energy transaction

In 2021, transaction value for renewable energy assets in Asia increased more than threefold to US$13.6 billion, with transaction volume surging to 75, up 53% year over year, according to Enerdatics, a Bangalore-based research company. Large business merg
February 25, 2022
Global energy sector emits 70% more methane than they report: IEA
News

Global energy sector emits 70% more methane than they report: IEA

The International Energy Agency (IEA) published on Wednesday its 2022 Global Methane Tracker report, indicating that methane emissions from the global energy sector are 70% higher than official figures, with the coal sector identified as the largest singl
February 24, 2022
Sify inks 231 MW solar and wind PPA to power hyper-scale data centers
News

Sify inks 231 MW solar and wind PPA to power hyper-scale data centers

Sify Technologies, a Chennai-based internet service provider (ISP), has signed a power purchase agreement (PPA) with Vibrant Energy Holdings, a majority-owned subsidiary of Blue Leaf Energy Asia Pte Ltd, for 231 MW of solar and wind energy to power Sify's
February 24, 2022
India proposes amendments to renewable energy certificates mechanism
News

India proposes amendments to renewable energy certificates mechanism

India’s Central Electricity Regulatory Commission (CERC) has recently published a draft regulation for renewable energy certificates, in which the commission proposes that renewable generators, captive power projects, distribution companies (DISCOMs), and
February 24, 2022
Most carbon capture and reuse technologies are incompatible with climate goals: experts
News

Most carbon capture and reuse technologies are incompatible with climate goals: experts

Most efforts to capture and reuse carbon dioxide produce more carbon dioxide than they capture, and they are not able to reduce enough emissions to meet the Paris Agreement's goals, said researchers from Radboud University, the Netherlands.
February 23, 2022
Vietnam mulls setting up renewable energy center to realize COP26 commitment
News

Vietnam mulls setting up renewable energy center to realize COP26 commitment

In the hopes of speeding up net zero transition, Vietnam’s Ministry of Industry and Trade (MoIT) and the Ministry of Natural Resources and Environment (MoNRE) have been tasked with coordinating the establishment of a renewable energy center, which is expe
February 23, 2022
A $174 carbon price is needed for global shipping bunker fuels: experts
News

A $174 carbon price is needed for global shipping bunker fuels: experts

As the maritime sector has vowed to halve global shipping's greenhouse gas emissions by 2050 and might even raise the target to a net zero emission goal next year, several experts suggest that a carbon pricing scheme should be implemented for bunker fuels
February 22, 2022
Axpo inks PPA with Obton for 11 MW German solar parkenergy
News

Axpo inks PPA with Obton for 11 MW German solar parkenergy

Axpo Holding, Switzerland's largest producer of renewable energy, announced on Monday that it hasd signed a power purchase agreement (PPA) with Denmark's renewables investor Obton for an 11 MW solar plant in Germany.
February 22, 2022
Singapore announces 500% rise in carbon tax from 2024
News

Singapore announces 500% rise in carbon tax from 2024

Singapore will raise its carbon tax by 500% to SG$25 per tonne in 2024, said Lawrence Wong, the city-state’s finance minister, as the government strives to achieve its net zero goal by 2050.
February 21, 2022
T-RECs issuance crossed 1 million milestone with 99% taken by TSMC
News

T-RECs issuance crossed 1 million milestone with 99% taken by TSMC

As environmental consciousness grows, demand for renewable energy saw a rapid surge. Taiwan’s Bureau of Standard, Metrology, and Inspection (BSMI) announced on Friday that, over the past six years, it has issued a total of 1.06 million renewable energy ce
February 21, 2022
Australian carbon price drops as investors liquidating credits
News

Australian carbon price drops as investors liquidating credits

After more than six months of rapid increase, the price of Australian Carbon Credit Units (ACCUs) has decreased in the last two weeks. ACCUs were trading at around AU$51/tonne of carbon dioxide equivalent this week, down from over AU$57/tonne at the start
February 18, 2022
Google Cloud launches tool to help firms reduce carbon footprint
News

Google Cloud launches tool to help firms reduce carbon footprint

Google Cloud, after analyzing collected data from its whole customer base in 2021, has recently announced that it has broadened scope of Active Assist to assist its clients in reducing their carbon footprint.
February 18, 2022
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