News
Global
February 09, 2023
Solar to account for 53% of new US generation capacity additions in 2023: IEA
The Energy Information Administration (EIA) predicted that U.S. developers will install 54.5 GW of new electric generating capacity in 2023, with more than half coming from solar energy.
February 07, 2023Slovenia accelerates renewables deployment to meet EU's target
Slovenia's Ministry of Environment, Climate, and Energy released a draft bill on renewable energy facility siting to accelerate the construction of wind and solar power plants by regulating spatial planning.
February 07, 2023PNE, Omnia sign MoU for green hydrogen, ammonia production in South Africa
Omnia Group of South Africa and WKN Windcurrent, a subsidiary of German renewables giant PNE, have signed a memorandum of understanding (MoU) to access onsite production of green hydrogen and ammonia in South Africa.
February 06, 2023Scotland 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 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 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 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.
January 30, 2023Analyst predicts EU carbon price to edge higher but risks remain
Analysts have revised up their average price forecasts for EU carbon permits for the next three years in anticipation of improving economies in Europe as energy prices fall from record highs.
January 18, 2023US fell behind climate goals as greenhouse gas emissions grew in 2022
U.S. greenhouse gas emissions rose in 2022, by 1.3% compared to the previous year according to preliminary estimates by environmental consultancy Rhodium Group.