News
Energy, Transport & Building
February 22, 2022
Axpo inks PPA with Obton for 11 MW German solar parkenergy
Axpo Holding, Switzerland's largest producer of renewable energy, announced on Monday that it hasd signed a power purchase agreement (PPA) with Denmark's renewables investor Obton for an 11 MW solar plant in Germany.
February 22, 2022A $174 carbon price is needed for global shipping bunker fuels: experts
As the maritime sector has vowed to halve global shipping's greenhouse gas emissions by 2050 and might even raise the target to a net zero emission goal next year, several experts suggest that a carbon pricing scheme should be implemented for bunker fuels
February 21, 2022T-RECs issuance crossed 1 million milestone with 99% taken by TSMC
As environmental consciousness grows, demand for renewable energy saw a rapid surge. Taiwan’s Bureau of Standard, Metrology, and Inspection (BSMI) announced on Friday that, over the past six years, it has issued a total of 1.06 million renewable energy ce
February 17, 2022US wind PPA prices rise amid supply chain and inflation concerns
US wind power purchase agreement (PPA) prices climbed in 2021 and continued to rise towards the end of the year, as wind energy developers seek to offset supply chain problems and cost inflation with higher fee, American Clean Power Association (ACP) said
February 17, 2022Lead EU lawmaker proposes amendments to tame skyrocketing carbon price
German member of European Parliament Peter Liese suggested on Wednesday that the European Union release permits held in a carbon market reserve if the price of carbon credits rises above certain threshold.
February 16, 2022EU economic recovery drives up greenhouse gas emissions in third quarter
As economies recovered from the coronavirus crisis, greenhouse gas emissions increased across the European Union in the third quarter of 2021, according to the report released by Eurostat on Tuesday.
February 15, 2022World Shipping Council outlines six zero-carbon shipping pathways
The World Shipping Council (WSC), a Washington, D.C.-based trade group that represents international liner shipping, is releasing for the first time concrete regulatory and economic pathways that it believes the UN International Maritime Organization (IMO
February 14, 2022Scotiabank and Evolugen ink 15-year solar power purchase agreement in Alberta
Scotiabank announced the signing of a 15-year renewable energy power purchase agreement with Evolugen, the Canadian renewable energy company, for solar energy in Alberta from a new, to-be-constructed 40 MW project.
February 14, 2022Old carbon credits preferred by companies threaten climate pledges, experts warn
According to a new analysis published by Nikkei, one of the world’s largest financial newspaper, nearly 40% of carbon credits acquired by firms are more than five years old, which might threaten progress on reducing greenhouse gas emissions.
February 10, 2022Corporate clean energy purchases hit record in 2021, says BNEF
According to Bloomberg New Energy Finance, global corporations purchased 31.1 GW of clean energy through power purchase agreements in 2021, reaching new record high. Purchases are up roughly 24% from the previous record year of 25.1 GW in 2020.