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February 17, 2022
US wind PPA prices rise amid supply chain and inflation concerns
US wind power purchase agreement (PPA) prices climbed in 2021 and continued to rise towards the end of the year, as wind energy developers seek to offset supply chain problems and cost inflation with higher fee, American Clean Power Association (ACP) said
February 17, 2022Lead EU lawmaker proposes amendments to tame skyrocketing carbon price
German member of European Parliament Peter Liese suggested on Wednesday that the European Union release permits held in a carbon market reserve if the price of carbon credits rises above certain threshold.
February 16, 2022US telecom giant AT&T inks 155 MW solar power deal with Vitol
US telecom giant AT&T announced on Tuesday that the company has struck a power purchase agreement (PPA) with energy trading company Vitol for 155 MW of solar electricity. The off-take deals involve 80 MW of solar energy from the Bluegrass PV plant in Quee
February 16, 2022EU economic recovery drives up greenhouse gas emissions in third quarter
As economies recovered from the coronavirus crisis, greenhouse gas emissions increased across the European Union in the third quarter of 2021, according to the report released by Eurostat on Tuesday.
February 15, 2022Spain calls on EU to provide financial guarantees for long-term PPA
According to eldiario.es, a Spanish online newspaper, the Spanish government has asked the European Investment Bank (EIB) to give financial guarantees for long-term fixed-price renewable energy supply contracts, known as Power Purchase Agreements (PPAs).
February 15, 2022World Shipping Council outlines six zero-carbon shipping pathways
The World Shipping Council (WSC), a Washington, D.C.-based trade group that represents international liner shipping, is releasing for the first time concrete regulatory and economic pathways that it believes the UN International Maritime Organization (IMO
February 14, 2022Scotiabank and Evolugen ink 15-year solar power purchase agreement in Alberta
Scotiabank announced the signing of a 15-year renewable energy power purchase agreement with Evolugen, the Canadian renewable energy company, for solar energy in Alberta from a new, to-be-constructed 40 MW project.
February 14, 2022Old carbon credits preferred by companies threaten climate pledges, experts warn
According to a new analysis published by Nikkei, one of the world’s largest financial newspaper, nearly 40% of carbon credits acquired by firms are more than five years old, which might threaten progress on reducing greenhouse gas emissions.
February 11, 2022Long-term PPA deal may be squeezed by high energy price, Pexapark says
Pexapark, a Swiss PPA advisory, published a new report on Thursday stating that the energy price volatility observed at the end of 2021 will have a long-term impact on the green energy power purchase agreement (PPA) market, including a drop in long-term c
February 10, 2022Corporate clean energy purchases hit record in 2021, says BNEF
According to Bloomberg New Energy Finance, global corporations purchased 31.1 GW of clean energy through power purchase agreements in 2021, reaching new record high. Purchases are up roughly 24% from the previous record year of 25.1 GW in 2020.