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Green Policy
June 22, 2022
Korea’s environmental facilities to reach renewable energy self-sufficiency by 2030
Korea’s renewable energy generation at environmental facilities will double within five years, according to the country’s Ministry of Environment, which announced its renewable energy growth road map on Tuesday.
June 21, 2022Chanel goes green with carbon credits offsetting 6.9 million tonnes carbon
Chanel has spent US$25 million in carbon credit offsets, which have cut or eliminated 6.9 million metric tonnes of carbon emissions every year, according to the French luxury brand’s Mission 1.5 climate report.
June 21, 2022US energy regulator unveils new plan to speed up grid-connection for renewables
The US Federal Energy Regulatory Commission (FERC) last week issued a proposed rule to accelerate the connecting of new renewable energy generators to the grid and alleviate the enormous backlog in interconnection queues.
June 17, 2022Australia pledges to cut emissions by 43% by 2030
Australia’s new Labor government upped its 2030 carbon-cutting target on Thursday, bringing the country closer in line with other developed economies’ climate pledge.
June 16, 2022India sees 125% jump in green investment in FY22 amid COVID recovery
Investment in India’s renewable energy sector increased by more than 125% year on year to a record US$14.5 billion in the fiscal year 2021-22 (FY22), according to a report released last week by the Institute for Energy Economics and Financial Analysis (IE
June 15, 2022Microsoft inks 100 MW solar power deal in India
Microsoft, the world’s largest technology company, has inked a long-term power purchase agreement (PPA) with Amplus Solar, a subsidiary of Malaysian oil and gas corporation Petronas.
June 13, 2022Walmart invests in renewable energy to decarbonize its fleet
US retail giant Walmart announced last week that it is testing three types of renewable energy to power its fleet, aiming to save energy and lower emissions.
June 10, 2022India eases open access rules in a bid to promote clean energy
To promote renewable generation, purchase and consumption, India’s federal government this week notified the Green Open Access Rules for further easing the access rules for green energy.
June 09, 2022Vietnam’s state-owned utility aims for 5 GW of renewables by 2025
To meet the growing need for power in national development, the Electricity of Vietnam (EVN) plans to ramp up its investment in renewable energy in the next years.
June 06, 2022China to source one third of electricity from renewables in 2025
China’s National Development and Reform Commission (NDRC) unveiled a new road map last Wednesday stating that the government plans to double wind and solar capacity by 2025 while granting licenses for more coal-fired power plants to bolster energy securit