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November 07, 2022
Malaysia to extend PPA in large-scale solar tender for 4 years
The Malaysian authorities have said that they will extend power purchase agreements from the fourth round of Malaysia’s large-scale PV tender from 21 to 25 years.
November 07, 2022Indonesia Stock Exchange signs MoU with green fintech to establish carbon trading platform
The Indonesia Stock Exchange (IDX) is set to work with MetaVerse Green Exchange (MVGX), a Singapore-based digital green exchange, to develop its first carbon credit trading platform in a bid to incentivize domestic high-emitting industries to reduce their
November 04, 2022European renewable certificates hit all-time high amid hydropower shortage
The market for European renewable energy guarantees of origin (GOs) saw prices breaking the EUR 6/MWh mark.
November 02, 2022Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture
While more than 34% of the world’s largest companies are now committed to net zero goals, 93% will fail to meet their targets, if they don’t at least double the rate of emissions reduction by 2030, according to a new report from Accenture.
November 01, 2022Vietnam set to run PPA pilot scheme for renewable energy
Vietnam’s Ministry of Industry and Trade (MIOT) is planning a pilot scheme to open up Vietnam’s electricity market to bilateral power purchase agreements (PPAs), which would enable renewable energy generators to directly sell electricity to private off-ta
October 31, 2022Japan should raise minimum carbon price to $30/tonCO2 to accelerate renewables deployment
According to a new report from Carbon Tracker, ‘Put a Price on It,’ Japan must replace the current carbon price of $2.6/tonCO2 with a minimum price of at least $30/tonCO2 to prevent gas to coal switching and accelerate energy transition.
October 28, 2022Walmart suppliers team up to purchase renewable energy
Five Walmart suppliers joined forces to buy renewable energy from a Kansas wind farm, as part of the retailer’s plan to reduce 1 billion metric tons worth of emissions across its supply chain by 2030.
October 27, 2022Iberia rolls out carbon offset programme for customers
Spanish airline Iberia has launched the CO2labora, a new carbon offsetting scheme, allowing customers to support two certified climate projects through carbon offsetting.
October 26, 2022Google expands eco-friendly directions into Europe
Google Maps is expanding its “eco-friendly” route to users in 40 countries across Europe.
October 25, 2022European PPA prices for wind, solar spike over 11% in Q3
Power purchase agreement (PPA) prices for renewable energy in Europe rallied 11.3% in the third quarter to more than EUR 73 euro per MWh, a YoY increase of 51%, according to LevelTen Energy, a PPA market platform operator.