News
Asia Pacific
April 18, 2022
Foxconn to buy 70 million kWh of green energy in Taiwan by 2030
Foxconn, Taiwanese electronics manufacturing giant, has signed an agreement on Friday with Foxwell Power, a subsidiary of solar power supplier Shinfox Energy, to procure 2.36 million kWh of green electricity this year.
April 18, 2022India invites initial bids for setting up renewable energy manufacturing zone
Indian Ministry of Power and Ministry of New and Renewable Energy have issued an expression of interest (EoI) to set up manufacturing zones for power and renewable energy sectors on a pilot basis.
April 14, 2022Gujarat keeps RPO targets at 17% amid land and cost challenges
The Gujarat Electricity Regulatory Commission published last week the Procurement of Energy from Renewable Sources Regulations, 2022, Third Amendment, which establishes renewable purchase obligation (RPO) targets from the fiscal years 2022-23 to 2024-25.
April 14, 2022ACCUs contract volume plummets despite highest ever offered price
Australia’s Clean Energy Regulator announced on Tuesday that a total of 7.6 million tonnes of Australian Carbon Credit Units (ACCUs) has been traded through contracts in the auction held in April, with a potential value of 131 million Australian dollars (
April 13, 2022Clean energy investment soared 50% as governments ramp up economic recovery
Clean energy investment in recovery plans for the Covid-19 crisis has increased by 50% in last five months and currently surpasses US$710 billion globally, according to International Energy Agency’s evaluation report released on Tuesday.
April 13, 2022Science Based Targets initiative develops net-zero standard for financial institutions
The Science Based Targets initiative (SBTi), a global organization that helps businesses set emissions reduction goals based on climate science, is developing a standard for financial institutions to set net-zero goals.
April 11, 2022Australia’s oldest university to go 100% renewables
The University of Sydney, Australia’s oldest university, announced last week that it has entered into a five-year contract with Red Energy, backed by Snowy Hydro, to source 100% of its electricity from solar energy.
April 11, 2022Atmospheric methane saw record surge in 2021, US NOAA says
The National Oceanic and Atmospheric Administration (NOAA) said on Thursday that atmospheric methane continued rising in 2021, setting another new record for the second year in a row.
April 07, 2022New South Wales outlines standards for new renewable energy zone access scheme
The New South Wales Government has issued a draft of proposed access rules for projects wishing to participate in the state’s Renewable Energy Zones (REZ), which will offer guidelines for clean energy investments, including where projects will be built an
March 31, 2022Tokyu railway to be first in Japan to go fully green
Japan’s leading railway operator Tokyu Corporation announced on Monday that starting Friday, it will run all its eight lines solely on solar and other renewable energy, making it the first Japanese railway company to do so.