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RE Energy
December 06, 2022
Qatar World Cup criticized for its gigantic carbon footprint
The FIFA 2022 World Cup is currently underway in Qatar, a small desert nation with the highest carbon emissions per capita in the world and generates most of its revenue from the extraction and sale of oil.
November 28, 2022Hong Kong’s new carbon marketplace completes 40 trades
The Hong Kong stock exchange has carried out the first batch of carbon credit trades on its new voluntary carbon market in the first four weeks since launch, joining a handful of Asian exchanges in tapping opportunities resulting from governments’ push to
November 14, 2022Asia Pacific corporate PPAs hit record 7 GW
Asia Pacific is set to see a record 7GW of renewable capacity contracted to corporations in 2022, an 80% increase on 2021.
November 01, 2022Vietnam set to run PPA pilot scheme for renewable energy
Vietnam’s Ministry of Industry and Trade (MIOT) is planning a pilot scheme to open up Vietnam’s electricity market to bilateral power purchase agreements (PPAs), which would enable renewable energy generators to directly sell electricity to private off-ta
October 25, 2022European PPA prices for wind, solar spike over 11% in Q3
Power purchase agreement (PPA) prices for renewable energy in Europe rallied 11.3% in the third quarter to more than EUR 73 euro per MWh, a YoY increase of 51%, according to LevelTen Energy, a PPA market platform operator.
October 24, 2022US and EU increase collaboration to boost green energy in Africa
The US and the European Union have agreed to increase their partnership to support green energy in Sub-Saharan Africa, including energy storage and off-grid power systems in its remit.
October 05, 2022Germany added 803 MW of solar, wind in August
Germany commissioned 561.35 MW of solar power plants and a 152.11 MW of onshore wind farms in August, according to the latest figures from the Federal Network Agency.
September 16, 2022Africa's first green hydrogen plant to start production in 2024
French independent power producer HDF Energy has announced that its green hydrogen power plant in Namibia, Africa’s first, will begin producing electricity in 2024.
September 13, 2022California Gov. Newsom calls for more aggressive climate actions
In wake of record-breaking heat wave that has smothered California for days, Democratic Gov. Gavin Newsom said on Sept. 7 that “all of our models have been thrown out” when it comes to climate change.
September 02, 2022Huge untapped wind energy potential can facilitate India's green transition
India’s wind energy outlook looks bright, with an additional 23.7 GW of wind capacity expected within the next five years, according to the Wind Energy Market Outlook 2026 released by Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+).