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Carbon Emissions

Emissions Trading Covers 37% of Emissions Under Net-Zero Targets – ICAP

Carbon markets hit record prices and revenues globally in 2021, reports the International Carbon Action Partnership.

Hydropower Plant

Companies Break Ground on Austrian Small Hydro Plant Construction

A groundbreaking ceremony on March 24 marked the official start of construction on the 11 MW Gratkorn small hydro plant on the Mur River in the Styria province …

Wind Turbine

Vestas Secures Turbine Order for 103MW Project in Argentina

In partnership with Tenaris, Vestas has secured a 103MW deal for the Buena Ventura project in the Province of Buenos Aires, Argentina.

Solar Power Plant

Malaysia Pioneers Large-Scale Solar Project

Malaysia’s government plans to increase the share of renewable energy in its installed capacity to 31% in 2025 and 40% in 2035 under its power generation plan.…

Carbon Emissions

Covid-19 Cuts Japan’s Energy Emissions in FY 2020-21

Japan's energy-related CO2 emissions fell by around 83mn t in the April 2020-March 2021 fiscal year, as the Covid-19 pandemic limited economic activity and redu…

Aker Solutions Buys Hydropower Technology Provider Rainpower

Aker Solutions ASA said Wednesday that it has agreed to acquire Rainpower Holding AS, a technology provider to the hydropower industry, for up to 150 million No…

Energy Transition

Renewables and Energy Efficiency – Priorities for 2030 Emissions Reductions

IRENA’s new World Energy Transition Outlook 2022 sets out 2030 priorities to meet its 1.5oC pathway to 2050.

Offshore Wind Power

U.S. Offshore Wind Supply Chain: By the Numbers

The U.S. needs 2,100 wind turbines, 6,800 miles of cable, 2,100 foundations, 58 crew transfer vessels, and up to 50,000 trained workers to meet the Biden admini…

China

Global Wind and Solar Growth on Track to Meet Climate Targets

Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030.

Wind Farm

GE Cypress Turbines Selected for 146MW Swedish Wind Farm

GE Renewable Energy has been selected by wind developer OX2 as the turbine supplier for the 146MW Klevberget wind farm in Ånge, Sweden.

Wind Turbine

Green Power Generation in Germany Rises Almost 25% in Q1

The generation of renewable electricity in Germany grew by nearly 25% to about 74.5 billion kWh in the first quarter of 2022 driven mainly by favourable weather…

Philippines

ACEN, CleanTech Form JV for 133MW Solar Farm in the Philippines

ACEN and CleanTech formed a joint venture company for the development and operation of a 133-megawatt solar farm and transmission project in Cagayan province.

Oil Price

Bank of England: ‘Historic’ Energy Shock Bigger than Any Year in the 1970s

Bank of England Governor Andrew Bailey has warned the shock to inflated-adjusted incomes in Britain as a result of rising energy prices will be larger than any …

Electric Vehicle Charging

BP Pulse to Invest $1.2 Billion into UK Electric Vehicle Charging

bp pulse, bp’s EV charging business, announced a £1 billion ($1.2 billion) investment into EV charging in the UK, which will be unfurled over the next decade.…

Smart City

Over 115 Million Smart Buildings to Deploy by 2026

A new study from Juniper Research has found that the number of buildings globally deploying smart building technologies will reach 115 million in 2026, from 45 …