News
Global
May 23, 2022
Woolworths inks PPA to reach 100% renewable in South Australia
Woolworths, an Australian chain of supermarkets, last week announced a renewable energy cooperation with Spanish energy company Iberdrola to power its sites in South Australia.
May 23, 2022Ocean-going tankers to trial ‘plug and play’ CO2 capture technology
Singapore-based Eastern Pacific Shipping has teamed up with Dutch maritime technology company Value Maritime to install carbon capture technology on two MR tankers, making them the largest ocean-going vessels equipped with the technology.
May 20, 2022EU unveils REPowerEU plan to wean itself off Russian gas
The European Commission has presented on Wednesday the REPowerEU plan, which aims to reduce reliance on Russian fossil fuels while hastening the transition to renewable energy.
May 20, 2022Coconut shell-based supercapacitor can capture carbon during charging
Researchers at the University of Cambridge have developed a low-cost gadget which is capable of capturing carbon dioxide gas while charging. When it discharges, the carbon dioxide can be released in a controlled way and be collected to be reused.
May 20, 2022Sony pushes net zero target ahead by 10 years
Sony announced on Wednesday that it decided to bring forward its deadline for reaching carbon neutrality by a decade, saying it now plans to achieve net-zero emissions across its whole business by 2040.
May 19, 2022US clean energy reach 200 MW milestone but sees barriers ahead
Wind, utility solar, and battery storage power capacity in the United Stated surpassed 200 GW in 2021, following the commissioning of 28.5 GW of clean energy projects, according to the Clean Power Annual Market Report 2021 released by American Clean Power
May 19, 2022Ball Corp. inks virtual PPA with NextEra for 151 MW wind power
American aluminum can giant Ball Corporation announced that it has inked a new power purchase agreement to purchase 151 MW of wind energy from a subsidiary of NextEra Energy.
May 19, 2022Japan to pilot first carbon trading market in September
Japan Exchange Group (JPX) is collaborating with Japan’s Ministry of Economy, Trade, and Industry (METI) to set up the country’s first exchange for carbon trading. The scheme is expected to start operating as a technical demonstration project in this Sept
May 18, 2022Microsoft pens largest-ever P-REC deal to fund solar project in DR Congo
After Microsoft’s inaugural purchase of Peace Renewable Energy Credits (P-RECs) in 2020, the tech giant signed another deal to acquire credits from solar facilities in Goma, Democratic Republic of the Congo (DRC).
May 18, 2022Indonesia, PNG restrictions may stifle carbon credit market
With two major carbon credit exporters in the Asia-Pacific—Indonesia and Papua New Guinea—declaring to cut back on generation, the fast-growing market is now facing challenges.