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Australian carbon price drops as investors liquidating credits
News

Australian carbon price drops as investors liquidating credits

After more than six months of rapid increase, the price of Australian Carbon Credit Units (ACCUs) has decreased in the last two weeks. ACCUs were trading at around AU$51/tonne of carbon dioxide equivalent this week, down from over AU$57/tonne at the start
February 18, 2022
Google Cloud launches tool to help firms reduce carbon footprint
News

Google Cloud launches tool to help firms reduce carbon footprint

Google Cloud, after analyzing collected data from its whole customer base in 2021, has recently announced that it has broadened scope of Active Assist to assist its clients in reducing their carbon footprint.
February 18, 2022
CEBA announces 10 largest U.S. corporate buyers of renewable energy in 2021
News

CEBA announces 10 largest U.S. corporate buyers of renewable energy in 2021

The Sustainable Energy Buyers Association (CEBA) released its annual Deal Tracker Top 10 list on Wednesday, highlighting the top ten U.S. clean energy buyers in 2021. For the second year in a row, Amazon tops the list with 2.85 GW of announced projects.
February 18, 2022
Lead EU lawmaker proposes amendments to tame skyrocketing carbon price
News

Lead 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 17, 2022
US wind PPA prices rise amid supply chain and inflation concerns
News

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, 2022
EU economic recovery drives up greenhouse gas emissions in third quarter
News

EU 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 16, 2022
US telecom giant AT&T inks 155 MW solar power deal with Vitol
News

US 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, 2022
World Shipping Council outlines six zero-carbon shipping pathways
News

World 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 15, 2022
Spain calls on EU to provide financial guarantees for long-term PPA
News

Spain 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, 2022
Old carbon credits preferred by companies threaten climate pledges, experts warn
News

Old 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 14, 2022
Scotiabank and Evolugen ink 15-year solar power purchase agreement in Alberta
News

Scotiabank 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, 2022
Long-term PPA deal may be squeezed by high energy price, Pexapark says
News

Long-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 11, 2022
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