News
Energy, Transport & Building
December 13, 2022
Stellantis inks second largest corporate PPA ever for 400 MW of solar
Automaker Stellantis signed the second largest corporate power purchase agreement on record today to procure 400 MW of new solar development in Michigan under DTE Energy’s MIGreenPower program.
December 09, 2022Philippines greenlights foreign investors full ownership of renewables
The Philippines now allows for 100% foreign ownership of renewable energy projects for the first time following its signing of a circular amending the implementing rules and regulations (IRR) of the Renewable Energy Act of 2008.
December 07, 2022IEA predicts renewables to dominate electricity generation by 2025
Global renewable energy capacity will soar by around 75% in the next five years, according to the International Energy Agency (IEA) on Tuesday, citing energy security concerns as a key reason.
December 05, 2022Soaring GO prices to drive renewable energy development
Debate over the best way to buy renewable energy has been heating up recently as strong demand has pushed European Guarantee of Origin (GO) certificates to all-time high prices.
December 01, 2022Almost 23% of US electricity came from renewables in 2022
US renewable energy sources provided almost 23% of the nation's electrical
generation during the first three-quarters of 2022, according to a review by
the SUN DAY Campaign of data released by the US Energy Information Administration (EIA).
November 30, 2022generation during the first three-quarters of 2022, according to a review by
the SUN DAY Campaign of data released by the US Energy Information Administration (EIA).
EU readies carbon removal certification mechanism to help tackle climate change
The European Commission is set to propose a scheme to certify removals of carbon dioxide from the atmosphere as part of the efforts to achieve net-zero emissions by mid-century, according to a leaked proposal seen by EURACTIV.
November 29, 2022Google, Microsoft purchase more renewable energy for datacenters
Microsoft and Google have both signed new agreements for using more renewable energy sources for their datacenters as part of efforts to lower their IT operations’ carbon footprint.
November 25, 2022German electricity price cap threatens PPA market
Germany’s plans to introduce a cap on power revenues and cut energy bills for one year will dampen interest in signing new power purchase agreements (PPAs) for the duration of the measures, according to analysts of consultancy Energy Brainpool.
November 23, 2022Germany mulls state guarantees for solar and wind energy
Germany is considering introducing state guarantees for investments in renewable energy to increase the country’s industrial potential, Economy Minister Robert Habeck has said, as Berlin seeks to become more independent in scaling up renewables capacity.
November 22, 2022China's CO2 emissions down but still fall short of long-term goals
China's greenhouse gas emissions have been decreasing since last year but have not yet reached its peak, with the country's policies still not fully aligned with long-term goals to limit temperature increases, a research report said on Monday.