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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, 2022US 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, 2022Companies 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, 2022India 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, 2022Vodafone 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, 2022EU 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, 2022The 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,
May 12, 2022Meta secures 112 MW US wind PPA with Liberty
Liberty announced on Wednesday a new power purchase agreement (PPA) signed with Meta, formerly known as Facebook. The energy company will provide Meta with wind energy generated from the new 112-MW Deerfield II wind project in the Great Lakes State.
May 12, 2022Micron announces goal to achieve net-zero emissions by 2050
Micron Technology, a key player in the semiconductor business, has announced on Wednesday its new greenhouse gas emission reduction targets in its annual sustainability report.
May 11, 2022Karnataka proposes solar RPO target of 11.5% for DISCOMS
The Karnataka Electricity Regulatory Commission (KERC) issued amendment to Karnataka Electricity Regulatory Commission (Procurement of Energy from Renewable Sources) Regulations, 2022, establishing the Renewable Purchase Obligation (RPO) target for fiscal