News

December 13, 2022

Stellantis inks second largest corporate PPA ever for 400 MW of solar

Automaker Stellantis signed the second largest corporate power purchase agreement on record today to procure 400 MW of new solar development in Michigan under DTE Energy’s MIGreenPower program.
December 12, 2022

Bursa Malaysia launches first Shariah-compliant carbon trading platform

Bursa Malaysia launched the country’s first voluntary carbon market (VCM) on December 9, with the first carbon credit auction to take place next March.
December 09, 2022

Philippines greenlights foreign investors full ownership of renewables

The Philippines now allows for 100% foreign ownership of renewable energy projects for the first time following its signing of a circular amending the implementing rules and regulations (IRR) of the Renewable Energy Act of 2008.
December 08, 2022

Carbon footprints of Bitcoin mining surge 126-fold in five years

Emissions from mining cryptocurrencies have skyrocketed, researchers reported in Scientific Reports. The carbon footprint of mining one Bitcoin multiplied 126 times from 2016 to 2021. In that window, Bitcoin mining caused an estimated $12 billion in globa
December 07, 2022

IEA predicts renewables to dominate electricity generation by 2025

Global renewable energy capacity will soar by around 75% in the next five years, according to the International Energy Agency (IEA) on Tuesday, citing energy security concerns as a key reason.
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.
December 05, 2022

Soaring GO prices to drive renewable energy development

Debate over the best way to buy renewable energy has been heating up recently as strong demand has pushed European Guarantee of Origin (GO) certificates to all-time high prices.
December 02, 2022

Study finds way to generate chemicals from captured carbon dioxide

Scientists at the University of Surrey have developed a new technology to convert CO2 captured from the atmosphere into useful chemicals such as carbon monoxide and synthetic natural gas.
December 01, 2022

Almost 23% of US electricity came from renewables in 2022

US renewable energy sources provided almost 23% of the nation's electrical
generation during the first three-quarters of 2022, according to a review by
the SUN DAY Campaign of data released by the US Energy Information Administration (EIA).
November 30, 2022

EU readies carbon removal certification mechanism to help tackle climate change

The European Commission is set to propose a scheme to certify removals of carbon dioxide from the atmosphere as part of the efforts to achieve net-zero emissions by mid-century, according to a leaked proposal seen by EURACTIV.
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