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Global
May 09, 2022
AES, Amazon ink PPAs for 450 MW solar, 225 MW energy storage
American energy developer AES Corporation announced last week that it has signed two power purchase agreements (PPAs) with Amazon to deliver 450 MW of clean energy to power its data center operations in California.
May 06, 2022I-REC transactions go digital with ENGIE’s online platform
ENGIE Brasil, Brazil’s largest private energy generator, has started the digital transaction of I-REC, a certificate proving the renewable origin of the power consumed, on Energy Place, a digital marketing platform developed by the company.
May 06, 2022AES to supply Microsoft 110 MW solar for its California data centers
American energy company AES Corporation announced this week that it has entered into a 20-year power purchase agreement with Microsoft to deliver renewable energy to its California data centers.
May 06, 2022EU drafts sustainability disclosure standards for businesses
Under the new European Union reporting standards, companies would be required to set a significantly broader range of sustainability targets, Carbon Disclosure Project, a non-profit environmental organization, said on Tuesday.
May 05, 2022Denmark pushes forward ‘energy islands’ to cut reliance on Russia
Denmark, a world pioneer in the offshore wind power, plans to expand its renewable energy portfolio with the world’s first “energy islands.”
May 05, 2022Israeli startup develops cost-effective way to capture carbon with balloon
High Hopes Lab, an Israeli startup, has joined the fight against climate crisis by developing carbon-capture balloons that it said will become the world’s first affordable, scalable technique of capturing carbon dioxide from the atmosphere.
May 03, 2022European PPA prices surge 10% in first quarter as cost pressures build
According to the recent data from climate tech platform Zeigo, offer price in Europe’s power purchase agreement (PPA) markets grew by 10% to 15% depending on project location in the first quarter of 2022 as a result of growing commodity and raw material c
May 03, 20221.2 billion carbon credits surplus might flood market
A total surplus of 1.2 billion metric tons of carbon credits might flood the carbon market at short notice, according to an analyst from London-based Trove Research.
May 03, 2022EU emission allowances forecast to climb but uncertainty remains amid war
As high gas prices push electricity generators to use more coal-fired power, analysts have upped their European carbon market average price forecasts for 2024, but have cautioned that the Russia-Ukraine conflict might stifle industrial activity and decrea
April 27, 2022Renewables to double by 2050, oil demand to peak before 2030, projects McKinsey
The energy transition is continuing, with renewable energy’s share of global power output predicted to double in the next 15 years, while total fossil fuel demand is expected to peak before 2030, according to McKinsey’s annual report.