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Bank of America signs PPA to acquire solar power from Mammoth Central
News

Bank of America signs PPA to acquire solar power from Mammoth Central

Bank of America has inked a 15-year, 160 MW contract with Constellation Energy to purchase clean power and renewable energy certificates (RECs) from the Mammoth Central PV project in Indiana, United States.
June 29, 2022
India lacks penalty enforcement to stimulate voluntary REC purchases
News

India lacks penalty enforcement to stimulate voluntary REC purchases

Despite a major legislative push for renewable energy, voluntary purchasers of renewable energy certificates (REC) are still insignificant in India, consulting firm Intellecap said in its report.
June 29, 2022
NATO pledges to cut emissions by 45% by 2030, be carbon neutral by 2050
News

NATO pledges to cut emissions by 45% by 2030, be carbon neutral by 2050

North Atlantic Treaty Organization (NATO) unveiled on Tuesday its first emissions targets, aiming to reduce civilian and military greenhouse gas emissions by at least 45% by 2030 and become carbon neutral by 2050.
June 29, 2022
Australia’s GHG emissions climbed in 2021 amid pandemic recovery
News

Australia’s GHG emissions climbed in 2021 amid pandemic recovery

Australia’s greenhouse gas emissions increased by roughly 1% in 2021, as driving and travel increased and manufacturing activity rebounded in the aftermath of COVID-19 pandemic, the government announced on Monday.
June 28, 2022
EU states agree on higher targets and faster permitting for renewables
News

EU states agree on higher targets and faster permitting for renewables

The EU Energy Ministers have reached an agreement on Monday on revisions to the Renewable Energy Directive (RED) and the Energy Efficiency Directive (EED), aiming to accelerate renewable energy deployment and facilitate permission process for renewable pl
June 28, 2022
UK government handed airlines with 4.4 million free carbon allowances
News

UK government handed airlines with 4.4 million free carbon allowances

In 2021, the UK Government provided airlines with free carbon permits worth of roughly 242 million pounds (US$297 million), enough for the entire industry to avoid a carbon emission cap and trade regime, according to research released by Transport & Envir
June 28, 2022
Denmark to cut electricity tax to ease energy burdens
News

Denmark to cut electricity tax to ease energy burdens

In an attempt to compensate citizens for growing energy prices, Denmark will temporarily lower electricity taxes in the fourth quarter of this year, according to a cross-party agreement posted on the Ministry of Finance’s website.
June 27, 2022
Indonesia to defer carbon tax implementation amid global economic uncertainty
News

Indonesia to defer carbon tax implementation amid global economic uncertainty

Indonesia’s carbon tax scheme, which was set to go into force in July, could be postponed due to global economic volatility and to give authorities time to prepare, according to a government official.
June 27, 2022
Singapore receives its first renewable energy import from Laos
News

Singapore receives its first renewable energy import from Laos

Singapore has started importing renewable energy from Laos via Thailand and Malaysia under the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP), marking the first multilateral cross-border electricity trading involving four ASEAN n
June 27, 2022
Air Liquide pens its largest power deal to decarbonize sites in Benelux
News

Air Liquide pens its largest power deal to decarbonize sites in Benelux

Air Liquide, a French supplier of industrial and medical gases, announced on Wednesday that it has inked its largest long-term power purchase agreement (PPA) to date with energy company Vattenfall.
June 24, 2022
Carbon dioxide emitted by cement sector doubled in two decades
News

Carbon dioxide emitted by cement sector doubled in two decades

Carbon dioxide emissions from cement production have doubled in the last 20 years, according to emissions scientist Robbie Andrew of Norway’s Centre for International Climate and Environmental Research (CICERO).
June 24, 2022
Investments in clean energy on the rise but so does coal: IEA
News

Investments in clean energy on the rise but so does coal: IEA

Clean energy investments are expected to top US$1.4 trillion in 2022, with renewables, energy efficiency, grid infrastructures, and storage accounting for the majority of the spending, and all these sectors are expected to expand this year, according to t
June 24, 2022
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