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Green Policy
April 21, 2022
ExxonMobil projects carbon capture market to be worth $4 trillion by 2050
Exxon Mobil predicts that by 2050, the market for carbon capture and sequestration will be worth US$4 trillion, according to a presentation given on Tuesday.
April 20, 2022Microsoft inked 15-year solar PPA with ATCO Group
Canada-based ATCO Group announced on Tuesday that it has entered into a 15-year power purchase agreement with Microsoft. Under the deal, Microsoft will purchase all renewable energy generated by ATCO's Deerfoot solar facility in Calgary, Alberta.
April 20, 2022EU mulls toughening renewable targets to cut Russian energy reliance
The European Union is considering setting more ambitious targets for its renewable energy capacity expansion as part of its efforts to cut its over-dependency on Russian fossil fuels, according to Frans Timmermans, the Executive Vice President of the Euro
April 18, 2022India invites initial bids for setting up renewable energy manufacturing zone
Indian Ministry of Power and Ministry of New and Renewable Energy have issued an expression of interest (EoI) to set up manufacturing zones for power and renewable energy sectors on a pilot basis.
April 15, 2022Apple supply chain doubled clean energy use in 2021
Apple suppliers have more than doubled their clean energy use over the past year, the tech giant said on Thursday. The increase in renewable energy helped avoid 13.9 million metric tonnes of carbon dioxide pollutions from the atmosphere, equivalent to rem
April 15, 2022Intel pledges to net zero by 2040 across its global operations
Intel committed Wednesday to achieving net-zero greenhouse gas emissions in its global operations by 2040 and develop more sustainable solutions.
April 14, 2022Renewable energy prices skyrocket 10% in first quarter amid market volatility
The Russian invasion of Ukraine has worsened global energy market volatility, compounding to the supply-chain shortage issues that have already resulted in price rises for renewable power purchase agreements (PPAs).
April 14, 2022Gujarat keeps RPO targets at 17% amid land and cost challenges
The Gujarat Electricity Regulatory Commission published last week the Procurement of Energy from Renewable Sources Regulations, 2022, Third Amendment, which establishes renewable purchase obligation (RPO) targets from the fiscal years 2022-23 to 2024-25.
April 12, 2022Global renewable energy capacity surges 9% with Asia leading the way
According to a report released on Monday by the International Renewable Energy Agency (IRENA), global renewable power capacity increased by 9.1% to 3,064 GW in 2021, as governments focus on reducing emissions to mitigate global warming.
April 12, 2022Sweden set to be first country to account for consumption-based emissions
To ramp up its effort to combat climate crisis, Sweden has announced its intention to include consumption-based emissions in its reduction target, which means that carbon emissions from products manufactured outside of Sweden and imported into the country