News
Energy, Transport & Building
March 10, 2022
Global carbon emissions rebounded to record high in 2021 amid economic recovery
After the world recovered from the Covid-19 pandemic with significant reliance on fossil fuels, carbon emissions surged to their greatest levels in history in 2021, with energy related emissions increasing 6% to 36.3 gigatonnes, according to a new report
March 09, 2022JSW Energy signs PPA with Haryana for 240 MW hydro power
JSW Energy announced on Monday that JSW Energy Kutehr Ltd., its wholly-owned step-down subsidiary, has signed a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for the supply of 240 MW hydro power.
March 09, 2022SBTi shuts door on carbon target validation for fossil fuel firms and suppliers
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action, has made change to its criteria and will no longer accept pledges or validate targets from fossil fuel companies.
March 08, 2022Saudi Arabia awards two renewable projects, a step closer to Saudi Vision 2030
Saudi Arabia’s energy ministry announced on Monday that the government had awarded Ar Rass and Saad renewable energy projects with a total capacity of 1,000 megawatts.
March 07, 2022IFM, QIC strike PPA with Origin Energy to green Autralia’s critical infrastructure
IFM Investors and Queensland Investment Corporation (QIC), two of Australia's largest infrastructure fund managers, have collaborated on a new renewable energy program to help reduce electricity costs and greenhouse gas emissions at key Australian airport
March 03, 2022Sanza Energy launches Spain’s first online platform for commercializing PPAs
Sanza Energy, Spain’s first digital platform for commercializing power purchase agreement (PPA), has come into operation in February. The platform is designed to simplify the process of acquiring and selling energy while stimulate the development of new r
March 03, 2022Cambridge researchers develop energy-efficient way to convert CO2 into clean fuel
Researchers from the University of Cambridge have developed a method for converting carbon dioxide into clean, sustainable fuels without producing any undesired by-products or waste.
March 01, 2022I-RECs demand surges amid tightening of carbon credit rules
The I-REC Standard, according to S&P Global Platts, is fast spreading over the world, with a presence in more than 30 countries, indicating increased demand for sustainable products in emerging markets.
February 25, 2022Asia sees a threefold surge in renewable energy transaction
In 2021, transaction value for renewable energy assets in Asia increased more than threefold to US$13.6 billion, with transaction volume surging to 75, up 53% year over year, according to Enerdatics, a Bangalore-based research company. Large business merg
February 24, 2022India proposes amendments to renewable energy certificates mechanism
India’s Central Electricity Regulatory Commission (CERC) has recently published a draft regulation for renewable energy certificates, in which the commission proposes that renewable generators, captive power projects, distribution companies (DISCOMs), and