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RE Energy

August 02, 2022

Vietnam says AES plans to develop $13 billion offshore wind project

Vietnam announced on July 31 that US energy company AES Corp plans to develop a major offshore wind farm in Vietnam that could potentially increase the nation's wind power capacity.
July 21, 2022

Tesla's carbon credit sales fall 49% in Q2

Tesla’s carbon credits revenue came in at $344 million in Q2, down 49% from $679 million in Q1, and a 3% decline from the same period in 2021.
July 21, 2022

Bristol film company to be powered by 1 MWp rooftop solar array

British film and television production studio, the Bottle Yard Studios, will have its new premium facility TBY2 powered by more than 2,000 solar arrays, the biggest community-owned solar rooftop array in the West of England.
July 15, 2022

Greece to issue 1 GW joint renewable power tender for solar, wind

The Regulatory Authority for Energy (RAE) of Greece is about to launch a new 1 GW joint renewables tender for PV and wind power on Sept. 5 with a target of securing 1 GW of solar capacity.
July 15, 2022

Hanwha Solutions partners with German firm to develop 500 MW solar power project

Hanwha Solutions, a chemical and energy unit of South Korean conglomerate Hanwha Group, announced on July 12 that its German subsidiary, Q Energy, will team up with a German renewable energy development company, Enviria Energy, to develop a 500-MW solar p
July 15, 2022

European PPA prices up 47% amid inflation storm, energy crisis

Wind and solar power purchase agreement (PPA) prices in Europe have seen a 47% year-over-year increase due to the energy crisis and inflation in the region, according to a new report released by LevelTen Energy.
July 14, 2022

Temasek raises internal carbon price to US$50, aiming US$100 by 2030

In the hopes of cutting the net carbon emissions of its portfolio, Temasek, Singapore’s state investment company, will lift its internal carbon price from US$42 to US$50 per tonne of carbon dioxide this year, with plans to further raise it to US$100 by th
July 13, 2022

Shell to build Europe’s largest hydrogen plant

Oil and gas giant Shell announced on July 6 that it will build Europe’s largest hydrogen plant in the Netherlands. The plant, with 200 megawatt electrolyzer, is expected to start operation in 2025, generating 60,000 kilograms of renewable hydrogen each da
July 12, 2022

China begins building world’s largest hydro-solar hybrid power station

According to CGTN, China has started to build Kela photovoltaic power station, which is a part of the biggest hydro-solar hybrid power station in the world. The facility is expected to have an installed capacity of 1 million kilowatts.
July 11, 2022

Biggest-ever UK renewables auction offers record-low price offshore wind contracts

UK’s biggest-ever renewables auction was held on July 7 and awarded record capacity of almost 11GW of clean energy, nearly double the capacity achieved in the previous round.
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