News
Energy, Transport & Building
July 29, 2022
Canadian city of New Westminster earns $26 million from selling low-carbon credits
The City of New Westminster in western Canada recently received 26.4 million Canadian dollar ($20.6 million) after selling the credits it had earned under the BC Low Carbon Fuel Standard (BCLFS).
July 28, 2022Nigeria reaffirms its renewables target of achieving 30 GW by 2030
Nigeria has reiterated its commitment to achieving 30 GW by 2030 with 30% renewable energy.
July 27, 2022Disney VIP tour will emit 6.2 tonnes carbon for each traveler
Disney has launched a 24-day, US$110,000 all-in-one elite tour package that comes with 6.2 tonnes of carbon emissions for each customer, 20 times more than a person’s carbon emissions in a low-income country in a year.
July 21, 2022Tesla's carbon credit sales fall 49% in Q2
Tesla’s carbon credits revenue came in at $344 million in Q2, down 49% from $679 million in Q1, and a 3% decline from the same period in 2021.
July 21, 2022Bristol film company to be powered by 1 MWp rooftop solar array
British film and television production studio, the Bottle Yard Studios, will have its new premium facility TBY2 powered by more than 2,000 solar arrays, the biggest community-owned solar rooftop array in the West of England.
July 20, 2022Airbus teams up with major airlines to develop carbon removal plan
European airplane manufacturer Airbus and several major airlines, including Air France-KLM, International Airlines Group, Lufthansa Group, and Virgin Atlantic, signed letters of intent to explore opportunities for the future supply of carbon removal credi
July 19, 2022Northland Power signs corporate power purchase agreement for Taiwan’s Hai Long offshore wind project
Canada’s Northland Power has signed a 20-year Corporate Power Purchase Agreement (CPPA) with an unnamed company for electricity from its Hai Long offshore wind project in Taiwan.
July 15, 2022Greece to issue 1 GW joint renewable power tender for solar, wind
The Regulatory Authority for Energy (RAE) of Greece is about to launch a new 1 GW joint renewables tender for PV and wind power on Sept. 5 with a target of securing 1 GW of solar capacity.
July 15, 2022Hanwha Solutions partners with German firm to develop 500 MW solar power project
Hanwha Solutions, a chemical and energy unit of South Korean conglomerate Hanwha Group, announced on July 12 that its German subsidiary, Q Energy, will team up with a German renewable energy development company, Enviria Energy, to develop a 500-MW solar p
July 15, 2022European PPA prices up 47% amid inflation storm, energy crisis
Wind and solar power purchase agreement (PPA) prices in Europe have seen a 47% year-over-year increase due to the energy crisis and inflation in the region, according to a new report released by LevelTen Energy.