News

The European Union is a global leader in reducing carbon emissions, but it is also taking steps to ensure that the green transition does not turn it into an industrial desert, with a raft of measures set to be announced next week.

New solar installations in the U.S. dropped 16% to 20.2 GW in 2022 from the prior year, largely because a ban on some Chinese goods limited the availability of panels, according to a market report released on Thursday.

Thai energy company Gulf Energy Development and petroleum and energy conglomerate Bangchak Corporation are committed to promoting clean energy and technology innovations, paving the way for sustainable growth.

South Korean clean energy companies become major winners from Washington's sweeping climate law as they benefit from tax credits and a shift away from China.

Swiss solar panel manufacturer Meyer Burger has signed a contract with D.E. Shaw Renewable Investments (DESRI) to supply up to 5 GW modules for the developer’s large-scale solar projects in the U.S.

French renewable energy producer Neoen has signed a 10-year power purchase agreement (PPA) with Australian electricity retailer Flow Power for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia.

CHIMEI has completed carbon credits transaction and offsetting on the Climate Impact X (CIX), a Singapore-based global carbon exchange and marketplace, in June, becoming the first Taiwanese enterprise which secured and traded carbon credits on the CIX.

Korea’s leading electronic component manufacturing company, LG Innotek, announced on July 5 that it officially joins the global "RE100" initiative. Their goal is to use only renewable energy including domestic and overseas establishments by 2030.

Foxconn has pledged to reach net zero carbon emissions for its operations in Taiwan by 2030, and to support more than 100 major suppliers in switching to 100% renewable energy by 2050, according to the electronics giant’s 2021 CSR report.

JinkoSolar, one of the world’s largest solar panel manufacturers, has converted its entire Malaysian factory’s electricity consumption to renewable sources.