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May 17, 2022

Australia’s hydrogen Guarantee of Origin Scheme enters trial phase

Australia’s Department of Industry, Science, Energy and Resources has developed the Guarantee of Origin (GO) scheme to verify hydrogen production emissions. The scheme has entered into its first trial phase, with 19 trial participants having signed up to
May 17, 2022

Digital Realty contracts for 158 MW solar energy in California, Georgia

Data center operator Digital Realty announced last week that it has entered into two renewable power purchase agreements (PPAs) in California and Georgia for 158 MW of solar energy.
May 17, 2022

Germany calls for a 60-euro minimum carbon price in Europe

As Brussels continues talks on an amendment to the EU’s Emission Trading Scheme (ETS) directive, Germany is pushing for a minimum price of 60 euros per tonne of carbon dioxide, claiming that if the EU does not act, it will do so through national measures,
May 16, 2022

BMW’s new Hungarian plant to be world’s first fossil-free car factory

German carmaker BMW plans to run its new factory in Debrecen, Hungary, fully on renewable electricity, completely dispensing with fossil fuel, the company’ chief executive Oliver Zipse said on the Annual General Meeting on Wednesday.
May 16, 2022

US lawmakers mull import fee for carbon-intensive products

The two parties of the US Congress are currently discussing a potential bipartisan energy and climate bill, including the possibility of imposing a levy on carbon-intensive products entering the country, according to local media.
May 16, 2022

Companies committed to SBTi targets represent $38 trillion economy

A record number of firms are committing to and adopting science-based climate targets, according to a recent report released by the Science-Based Objectives Initiative (SBTi), the global organization that encourages firms to set science-based emissions re
May 13, 2022

India rolls out renewable energy certificate multiplier to boost new technologies

India’s Central Electricity Regulatory Commission (CERC) released on Monday a new notification, introducing the idea of multiplier for renewable energy certificates (RECs) for new projects depending on the tariff range of various renewable technologies, w
May 13, 2022

Vodafone pens 10-year solar power purchase agreement with Centrica

Vodafone has secured a 10-year power purchase agreement (PPA) with Centrica for solar energy generated by three new solar farms in Lincolnshire, Worcestershire, and Nottinghamshire. The deal helps the telecom secure clean energy supply and supports its go
May 13, 2022

EU lawmakers back market restrictions to curb speculation

Senior members of the European Parliament’s environment committee have reached initial agreement on a plan to restrict market speculators’ access to the European carbon market, as well as to tighten the carbon market by pushing for a 67% cut in emissions
May 12, 2022

The world saw 295 GW of renewable capacity addition in 2021

Despite several headwinds for the renewable energy market caused by the pandemic, such as supply chain bottlenecks, material price hikes, and construction delays, the world added a record amount of new solar, wind, and other renewable capacity last year,
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