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May 13, 2022
India rolls out renewable energy certificate multiplier to boost new technologies
India’s Central Electricity Regulatory Commission (CERC) released on Monday a new notification, introducing the idea of multiplier for renewable energy certificates (RECs) for new projects depending on the tariff range of various renewable technologies, w
May 13, 2022Vodafone pens 10-year solar power purchase agreement with Centrica
Vodafone has secured a 10-year power purchase agreement (PPA) with Centrica for solar energy generated by three new solar farms in Lincolnshire, Worcestershire, and Nottinghamshire. The deal helps the telecom secure clean energy supply and supports its go
May 13, 2022EU lawmakers back market restrictions to curb speculation
Senior members of the European Parliament’s environment committee have reached initial agreement on a plan to restrict market speculators’ access to the European carbon market, as well as to tighten the carbon market by pushing for a 67% cut in emissions
May 12, 2022The world saw 295 GW of renewable capacity addition in 2021
Despite several headwinds for the renewable energy market caused by the pandemic, such as supply chain bottlenecks, material price hikes, and construction delays, the world added a record amount of new solar, wind, and other renewable capacity last year,
May 12, 2022Meta secures 112 MW US wind PPA with Liberty
Liberty announced on Wednesday a new power purchase agreement (PPA) signed with Meta, formerly known as Facebook. The energy company will provide Meta with wind energy generated from the new 112-MW Deerfield II wind project in the Great Lakes State.
May 12, 2022Micron announces goal to achieve net-zero emissions by 2050
Micron Technology, a key player in the semiconductor business, has announced on Wednesday its new greenhouse gas emission reduction targets in its annual sustainability report.
May 11, 2022Karnataka proposes solar RPO target of 11.5% for DISCOMS
The Karnataka Electricity Regulatory Commission (KERC) issued amendment to Karnataka Electricity Regulatory Commission (Procurement of Energy from Renewable Sources) Regulations, 2022, establishing the Renewable Purchase Obligation (RPO) target for fiscal
May 11, 2022Visa teams up with banks to facilitate carbon credit transaction
The global payments technology company Visa, together with Carbonplace, a carbon credit settlement platform, has developed a carbon credit system and has conducted a successful pilot transfer.
May 11, 2022Atmospheric carbon levels hit all-time high in human history
Levels of carbon dioxide in the atmosphere reach the highest on record for any calendar month during April, according to the Scripps Institution of Oceanography’s data.
May 10, 2022Renewable energy certificate market to reach $103 billion by 2030
The global renewable energy certificate market generated US$9.3 billion in 2020 and is predicted to reach US$103.2 billion by 2030, with a compound annual growth rate of 27.2% from 2021 to 2030, according to a recent report published by Allied Market Rese