News
Energy, Transport & Building
May 31, 2022
Global carbon pricing schemes brought in US$84 billion in 2021
Global carbon pricing revenue reached US$84 billion in 2021, almost 60% higher than in 2020, providing an important source of funding to support a long-term economic recovery, finance broader fiscal reforms, and invest in communities, according to the Wo
May 30, 2022G7 nations to end carbon emissions from power sector by 2035
The Group of Seven nations announced on Friday that they plan to largely cut greenhouse gas emissions from energy industry by 2035, meaning that these countries wouldn’t be able to burn coal for energy after the date.
May 27, 2022Southeast Asian wind energy market takes off with Philippines thriving
The Global Wind Energy Council (GWEC) has published a new report saying that the Philippines is one of the emerging wind power markets in Asia, with a solid pipeline and possibilities for wind power projects.
May 27, 2022Shizen Malaysia, Top Glove strike deal for 10-MW rooftop solar power
Japanese renewable energy developer, Shizen Energy, via its Malaysian subsidiary, has inked a second long-term power purchase agreement (PPA) with Malaysia’s Top Glove Corporation for a 10 MWp rooftop solar power array.
May 26, 2022East Bay Community Energy signs 40-MW geothermal PPA with Fervo Energy
East Bay Community Energy (EBCE), a California-based renewable energy provider, announced on Tuesday that it has inked a power purchase agreement with Fervo Energy for 40 MW of geothermal power.
May 25, 2022Latin America’s renewable market rebounds with Brazil leading way
As energy markets recovered from the slump caused by the pandemic, Latin America’s wind and solar energy additions increased by 50% in 2021, according to a new report released by Bloomberg New Energy Finance (BNEF).
May 25, 2022Australian carbon prices hike amid optimism about future policy
The price of Australian Carbon Credit Units (ACCU) skyrocketed on the first trading day following the federal election, boosted by anticipation that the new Labor government led by Anthony Albanese will raise demand for emissions reductions.
May 23, 2022Spain green lights guarantee of origin scheme for renewable gases
The Spanish government adopted a royal decree last week to establish the system of guarantee of origin for gases coming from renewable sources, such as green hydrogen, biogas or biomethane, which will allow marketers and consumers to differentiate themsel
May 20, 2022EU unveils REPowerEU plan to wean itself off Russian gas
The European Commission has presented on Wednesday the REPowerEU plan, which aims to reduce reliance on Russian fossil fuels while hastening the transition to renewable energy.
May 19, 2022US clean energy reach 200 MW milestone but sees barriers ahead
Wind, utility solar, and battery storage power capacity in the United Stated surpassed 200 GW in 2021, following the commissioning of 28.5 GW of clean energy projects, according to the Clean Power Annual Market Report 2021 released by American Clean Power