News
Green Policy
April 15, 2022
Intel 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
April 11, 2022Australia’s oldest university to go 100% renewables
The University of Sydney, Australia’s oldest university, announced last week that it has entered into a five-year contract with Red Energy, backed by Snowy Hydro, to source 100% of its electricity from solar energy.
April 08, 2022Microsoft Chile inks PPA with AES Andes to power data center with 100% renewables
Microsoft Chile announced that it has signed a renewable power purchase agreement (PPA) with Chilean electricity provider AES Andes S.A., allowing customers to cut their carbon footprint while speeding up their digitization.
April 08, 2022Canada proposes tax credit to encourage carbon capture investment
Canadian Prime Minister Justin Trudeau announced on Thursday the introduction of one of the country’s largest single industrial tax incentives to fund carbon capture projects, as part of his government’s effort to meet the climate objectives by offsetting
April 07, 2022Germany introduces new package to beef up renewable energy
The German government revealed on Wednesday a new energy package aimed at accelerating and promoting renewable energy development. The proposal, entitled “Easter package,” highlights that the use of renewable energies is in the public interest and serves
April 07, 2022New South Wales outlines standards for new renewable energy zone access scheme
The New South Wales Government has issued a draft of proposed access rules for projects wishing to participate in the state’s Renewable Energy Zones (REZ), which will offer guidelines for clean energy investments, including where projects will be built an