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Global
February 06, 2023
Scotland expects renewables boom with EU’s largest energy storage complex
The new battery storage facilities worth £900 million in Scotland will improve resilience during downtime, according to Michael Matheson, cabinet secretary for Net Zero, Energy, and Transport.
February 06, 2023Germany to invest €80 million in green hydrogen transport
Germany’s Federal Ministry for Digital Affairs and Transport (BMDV) has earmarked 80 million euros for investments in the production of green hydrogen for the transport sector.
February 04, 2023Taiwan expects to add 2 GW solar, wind capacity in 2023
According to the Ministry of Economic Affairs (MOEA), Bureau of Energy, six utility-scale solar projects are planned to be completed this year, and four offshore wind farms will be connected to the power grid, adding a total capacity of 2 GW, or the equiv
February 04, 2023McDonald’s strategy to power its logistics supply chain with renewables
In December last year, McDonald’s became the latest corporation to execute plans that reduce supply chain-related electricity emissions.
February 04, 2023Amazon breaks green energy buying record with 8.3 GW of new capacity in 2022
Online retail giant Amazon sets a record 8.3 GW of renewable power deals in 2022, giving it access to a 'utility-scale' total 20 GW-plus haul of green capacity, according to the US company.
February 03, 2023UAE's Masdar unveils 20,000 MW renewables target for Africa
Masdar, an Abu Dhabi-based state-owned clean energy company, has announced ambitions to invest in Nigeria as part of its Africa-wide penetration which aims to increase renewable energy capacity by 20,000 MW over the next 12 years.
February 03, 2023Indonesia to start carbon trading for coal-fired power plants
Indonesia plans to issue emission quotas for some coal-fired power plants this month as a first step toward developing a local carbon trading market, energy officials said last week.
February 02, 2023Taiwan passes climate law amendments to achieve net zero by 2025
Taiwan's legislature passed the "Climate Change Response Act" on Jan. 10, establishing a carbon fee system for large emitters and setting a goal of reaching net-zero emissions by 2050.
February 02, 2023Tesla’s revenue from carbon credit sales hit record $1.78 Billion in 2022
Tesla’s carbon credit sales reached a new high in 2022, increasing 47% year over year in the fourth quarter, the company reported.
February 01, 2023US, Europe experience slowed solar PPA price increases, despite mixed forecast
The US and Europe saw relatively modest increases in the average prices of solar power purchase agreements (PPA) in Q4 2022, up by 4% and 3%, respectively.