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Global
May 05, 2022
Denmark 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.
April 27, 2022India plans to launch its own carbon trading market to finance energy transition
India, one of the world’s largest exporters of carbon credits, plans to launch its own uniform carbon market in a year as a major source of funding for energy transition and emission reduction projects.
April 26, 2022Europe’s renewable contract volume declines sharply in March
Pexapark, a Zurich-based renewable energy consultancy, has published its latest report, pointing out a significant drop in European PPA activity in March.
April 25, 2022EDP Renewables inks 60-MW solar PPA with US pharma company
EDP Renewables, through its subsidiary EDP Renewables North America, has signed a 15-year power purchase agreement (PPA) with American pharmaceutical company Bristol Myers Squibb for 60 MW renewable energy from the 240-MW Cattlemen Solar Park in Milam Cou
April 25, 2022US government eyes 29 GW renewable energy expansion on public lands by 2025
The US Bureau of Land Management (BLM) has announced that it aims to approve the construction of 39 utility-scale solar projects totaling more than 29 GW of plant capacity on federal public lands in six western states through third quarter of 2025.