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Energy, Transport & Building
January 26, 2022
Offshore wind turbines could help realize carbon capture dreams
To mitigate climate change, research teams and tech start-ups are developing direct air capture devices, which can collect carbon dioxide from the atmosphere directly. Although the technology works, the early projects have been costly and energy consuming
January 25, 2022Indonesia state utility steps up supply of renewable energy certificates
PT Perusahaan Listrik Negara (PT PLN), Indonesia’s state-owned electricity company, and PT MAS Sumbiri, a multinational firm engaged in the production of clothes, have signed a contract for the purchase of Renewable Energy Certificates (REC), demonstratin
January 25, 2022China’s carbon price may surge to 65 yuan per ton if government tighten benchmarks
The Chinese government is reportedly to consider a steeper cut in carbon quotas, which would result in a higher cost for small and inefficient coal power plants.
January 24, 2022Better Energy inks solar PPA with 12 firms in Denmark
Better Energy, a Danish developer, has signed a power purchase agreement with a group of 12 companies who have formed a partnership with Energi Danmark. The deal will allow Better Energy to build a solar park in Denmark.
January 24, 2022Australia’s carbon credits price soar 20% as business bets on Labor
As Australia’s federal election approaches, companies are locking in supply of offset agreements several years in advance to prepare for the possibility of a Labor government requiring emission reductions, pushing the forward price of carbon credits to a
January 20, 2022India approves 200 million infusions in IREDA to boost renewable energy financing
On January 19, India’s Cabinet Committee on Economic Affairs (CCEA) and the Union Cabinet decided in a meeting to approve a Rs 1,500 crore equity infusion in the Indian Renewable Energy Development Agency (IREDA) Limited.
January 20, 2022Axpo signs 300MWp solar power supply contract with R.power Group
Axpo, Switzerland's largest producer of renewable energy, has inked a Power Purchase Agreement (PPA) with Polish solar developer R.Power Group for the distribution of electricity produced by a 300 MWp array of solar power plants in Poland.
January 19, 2022EU to adopt new calculating rules for renewable cooling
Last December, the European Commission (EC) released new criteria for calculating the amount of renewable cooling and district cooling that can be used to meet the EU's renewable energy targets.
January 19, 2022Exxon aims for net-zero emission by 2050 amid industry’s race to carbon reduction
Exxon Mobil Corp, the American oil and gas giant, announced on Tuesday its ambition to reach net-zero emission from its global operations by 2050, catching up with competitors that are reducing their carbon footprints.
January 18, 2022Philippines publishes list of renewables projects eligible for renewable portfolio standards
The Philippine Department of Energy (DoE) has unveiled the list of operational renewable energy projects that are eligible for the country’s renewable portfolio standards (RPS), which require electricity providers to source a certain percentage of their e