News
Green Policy
March 11, 2022
German government agrees to abolish renewables levy as energy prices skyrocket
The German government approved a draft law on Wednesday, planning to abolish the Renewable Energy Source Act (EEG) levy that consumers pay with their electricity bills from July 1 this year.
March 10, 2022Turkey mulls legislation to promote use of renewable energy
The Turkish government is stepping up efforts to increase the usage of green energy and is planning new legal requirements to help consumers transition to renewable energy sources.
March 10, 2022Global carbon emissions rebounded to record high in 2021 amid economic recovery
After the world recovered from the Covid-19 pandemic with significant reliance on fossil fuels, carbon emissions surged to their greatest levels in history in 2021, with energy related emissions increasing 6% to 36.3 gigatonnes, according to a new report
March 08, 2022Saudi Arabia awards two renewable projects, a step closer to Saudi Vision 2030
Saudi Arabia’s energy ministry announced on Monday that the government had awarded Ar Rass and Saad renewable energy projects with a total capacity of 1,000 megawatts.
March 07, 2022IFM, QIC strike PPA with Origin Energy to green Autralia’s critical infrastructure
IFM Investors and Queensland Investment Corporation (QIC), two of Australia's largest infrastructure fund managers, have collaborated on a new renewable energy program to help reduce electricity costs and greenhouse gas emissions at key Australian airport
March 04, 2022Tunisia teams up with 3 foreign firms for 500 MW clean electricity project
Three international businesses have been granted licenses to produce 500 MW of renewable energy in Tunisia, a government official said on Wednesday.
March 04, 2022AWS launches carbon footprint tool as Big Techs race to green cloud computing
Amazon Web Service (AWS), a cloud computing platform provided by e-commerce giant Amazon, has launched a free tool for customers to track their cloud consumption’s carbon footprint and to compare it to the estimated footprint of an on-premise data center.
March 03, 2022Sanza Energy launches Spain’s first online platform for commercializing PPAs
Sanza Energy, Spain’s first digital platform for commercializing power purchase agreement (PPA), has come into operation in February. The platform is designed to simplify the process of acquiring and selling energy while stimulate the development of new r
March 03, 2022Cambridge researchers develop energy-efficient way to convert CO2 into clean fuel
Researchers from the University of Cambridge have developed a method for converting carbon dioxide into clean, sustainable fuels without producing any undesired by-products or waste.
March 01, 2022I-RECs demand surges amid tightening of carbon credit rules
The I-REC Standard, according to S&P Global Platts, is fast spreading over the world, with a presence in more than 30 countries, indicating increased demand for sustainable products in emerging markets.