News
Energy, Transport & Building
June 17, 2022
World’s largest solar-plus-storage plant to be built in the Philippines
Philippines-based Prime Infrastructure Holdings unveiled a plan to expand its investments in renewable energy by building the world’s largest solar plant in the Philippines.
June 16, 2022India sees 125% jump in green investment in FY22 amid COVID recovery
Investment in India’s renewable energy sector increased by more than 125% year on year to a record US$14.5 billion in the fiscal year 2021-22 (FY22), according to a report released last week by the Institute for Energy Economics and Financial Analysis (IE
June 16, 2022Oil giant BP buys 40% stake in green hydrogen project in Australia
BP will purchase a 40.5% stake in and operate a solar, wind and green hydrogen project in Western Australia that, when completed, will be able to generate up to 26 GW of solar and wind power.
June 15, 2022Microsoft inks 100 MW solar power deal in India
Microsoft, the world’s largest technology company, has inked a long-term power purchase agreement (PPA) with Amplus Solar, a subsidiary of Malaysian oil and gas corporation Petronas.
June 15, 2022France urges EU to strengthen means against carbon price volatility
After the European Parliament voted down the key parts of carbon market reform, France, the holder of the EU rotating presidency, plans to ask the bloc to enhance a mechanism to prevent excessive carbon price spikes as part of the most comprehensive refor
June 14, 2022Delayed hydrogen development may impede net zero goals: DNV
Green hydrogen, generated by renewable energy or from low-carbon power, is critical for reducing emissions, but it will only account for 5% of the global final energy mix by 2050, falling short of what is required to reach climate targets, global energy c
June 13, 2022European lawmakers reject EU ETS reform but vote to ban diesel cars
Members of the European Parliament (EP) last week rejected proposals to include marine and road transport in the EU Emissions Trading Scheme (ETS). On the other hand, a proposal to expand its carbon market to all departing flights was approved.
June 10, 2022India eases open access rules in a bid to promote clean energy
To promote renewable generation, purchase and consumption, India’s federal government this week notified the Green Open Access Rules for further easing the access rules for green energy.
June 09, 2022Vietnam’s state-owned utility aims for 5 GW of renewables by 2025
To meet the growing need for power in national development, the Electricity of Vietnam (EVN) plans to ramp up its investment in renewable energy in the next years.
June 09, 2022Travelers can cut carbon footprint under Singapore Airlines’ new scheme
Singapore will introduce a carbon credit program for sustainable aviation fuels in July, providing businesses and travelers with the option of paying additional costs to cut their carbon footprint when flying and transporting goods by air.