News
News / Global
Global
March 10, 2022
Turkey mulls legislation to promote use of renewable energy
The Turkish government is stepping up efforts to increase the usage of green energy and is planning new legal requirements to help consumers transition to renewable energy sources.
March 10, 2022Global carbon emissions rebounded to record high in 2021 amid economic recovery
After the world recovered from the Covid-19 pandemic with significant reliance on fossil fuels, carbon emissions surged to their greatest levels in history in 2021, with energy related emissions increasing 6% to 36.3 gigatonnes, according to a new report
March 09, 2022JSW Energy signs PPA with Haryana for 240 MW hydro power
JSW Energy announced on Monday that JSW Energy Kutehr Ltd., its wholly-owned step-down subsidiary, has signed a power purchase agreement (PPA) with Haryana Power Purchase Centre (HPPC) for the supply of 240 MW hydro power.
March 09, 2022SBTi shuts door on carbon target validation for fossil fuel firms and suppliers
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action, has made change to its criteria and will no longer accept pledges or validate targets from fossil fuel companies.
March 09, 2022Carbon credits market to worth trillions within two decades
As governments set up environment pledges, most enterprises around the world are required to attain net zero emissions by 2050. The carbon credit market thus has the potential to explode. The total amount of carbon credits traded last year was over US$1 b
March 08, 2022Saudi Arabia awards two renewable projects, a step closer to Saudi Vision 2030
Saudi Arabia’s energy ministry announced on Monday that the government had awarded Ar Rass and Saad renewable energy projects with a total capacity of 1,000 megawatts.
March 07, 2022IFM, QIC strike PPA with Origin Energy to green Autralia’s critical infrastructure
IFM Investors and Queensland Investment Corporation (QIC), two of Australia's largest infrastructure fund managers, have collaborated on a new renewable energy program to help reduce electricity costs and greenhouse gas emissions at key Australian airport
March 07, 2022UK’s new low carbon cements can cut carbon emissions by 4m tonnes per year
New low-carbon cements with up to 60% lower embodied CO2 emissions than Portland cement, the current market leader in the UK, have been created and tested thanks to Industrial Energy Efficiency Accelerator, a UK government-backed research program.
March 04, 2022Tunisia teams up with 3 foreign firms for 500 MW clean electricity project
Three international businesses have been granted licenses to produce 500 MW of renewable energy in Tunisia, a government official said on Wednesday.
March 04, 2022AWS launches carbon footprint tool as Big Techs race to green cloud computing
Amazon Web Service (AWS), a cloud computing platform provided by e-commerce giant Amazon, has launched a free tool for customers to track their cloud consumption’s carbon footprint and to compare it to the estimated footprint of an on-premise data center.