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RE Energy
November 14, 2022
Asia 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+).
August 22, 2022EU carbon prices hit record high as drought strains energy supply
EU carbon prices in the EU’s emissions trading system rose to an all-time high above 99 euros a tonne on Aug. 19, due to a cut to auction supply in August and a significant increase in demand.
August 19, 2022Meyer Burger, DESRI sign up-to-5 GW module supply deal
Swiss solar panel manufacturer Meyer Burger has signed a contract with D.E. Shaw Renewable Investments (DESRI) to supply up to 5 GW modules for the developer’s large-scale solar projects in the U.S.