News
Energy, Transport & Building
November 09, 2022
Doubling 2030 renewable power targets is needed to achieve 2050 climate target
The International Renewable Energy Agency’s (IRENA) new analysis finds that collective global ambitions on renewable energy are not enough to keep temperature increases below 1.5 degrees C.
November 07, 2022Malaysia to extend PPA in large-scale solar tender for 4 years
The Malaysian authorities have said that they will extend power purchase agreements from the fourth round of Malaysia’s large-scale PV tender from 21 to 25 years.
November 04, 2022European renewable certificates hit all-time high amid hydropower shortage
The market for European renewable energy guarantees of origin (GOs) saw prices breaking the EUR 6/MWh mark.
October 27, 2022Iberia rolls out carbon offset programme for customers
Spanish airline Iberia has launched the CO2labora, a new carbon offsetting scheme, allowing customers to support two certified climate projects through carbon offsetting.
October 26, 2022Google expands eco-friendly directions into Europe
Google Maps is expanding its “eco-friendly” route to users in 40 countries across Europe.
October 25, 2022European PPA prices for wind, solar spike over 11% in Q3
Power purchase agreement (PPA) prices for renewable energy in Europe rallied 11.3% in the third quarter to more than EUR 73 euro per MWh, a YoY increase of 51%, according to LevelTen Energy, a PPA market platform operator.
October 24, 2022US and EU increase collaboration to boost green energy in Africa
The US and the European Union have agreed to increase their partnership to support green energy in Sub-Saharan Africa, including energy storage and off-grid power systems in its remit.
October 21, 2022Washington state will earn more revenue from carbon auctions than predicted
Washington state’s estimated revenue from a new carbon credit system for the first five years has increased by $1.6bn, because of rising credit values and plans to auction a portion of future allowances.
October 20, 2022Australia to pour billions of dollars into renewable energy projects
Australia has announced plans to build renewable energy projects, offshore wind farms and undersea transmission cables, as part of its efforts to cut carbon emissions by 43% by 2030.
October 19, 2022CCS facilities under development worldwide grows 44% in 2022
Carbon Capture and Storage (CCS) facilities under development has grown 44% on year to 244 million tonnes per annum in the past 12 months, according to a new report from the Global CCS Institute.