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DMG and Argo Team Up To Decarbonise Cryptocurrency

In a joint statement released yesterday, DMG Blockchain Solutions Inc. and Argo Blockchain Plc announced their partnership in the Crypto Climate Accord (CCA) to promote the decarbonization of the cryptocurrency industry. Alongside the CCA, DMG and Argo are developing a new working group to more clearly outline the CCA’s objectives, while deploying new technologies that […]

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How Cities Can Take Action to Drive the Energy Transition: IRENA

The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […]

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JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment

JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […]

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Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA

Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […]

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Airports A Better Option Than Households for Rooftop Solar- RMIT University Study

According to a recent study by RMIT University (The Royal Melbourne Institute of Technology) , if Australian government-owned airports had large-scale rooftop solar systems installed, they could produce enough electricity to power 136,000 homes. That makes airports a far more attractive and effective prospects for rooftop solar, than a campaign targeting households. Researchers at RMIT […]

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EDF Renewables NA Bags Three Solar Contracts From NYSERDA

San Diego-headquartered independent power producer EDF Renewables North America announced yesterday that the company was awarded long-term contracts for three solar projects by New York State Energy Research and Development Authority (NYSERDA) as part of the 2020 Renewable Energy Standard Solicitation. Combined, the projects are expected to deliver a total of 303 MW of clean […]

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AEP Energy and GEG Signs PPA For 1.65 GW Solar Project

US based electric energy supplier and a subsidiary of American Electric Power, AEP Energy has signed a Power Purchase Agreement (PPA) with Global Energy Generation LLC, a developer of renewable energy projects in the Midwest and Mid-Atlantic regions. The PPA has been signed for a 1.65 gigawatt (GW) Mammoth Solar 1 project in Indiana.  What […]

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BLM Approves $550 Million Crimson Solar Project in California Desert

The United States Interior Department has announced that the Bureau of Land Management (BLM) has given final approval to a Crimson solar energy project on public lands in the California desert. The Crimson Solar Project is capable of delivering enough power to energize approximately 87,500 homes, it has an estimated investment of USD 550 million. […]

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European Commission Approves €400 Mn Renewable Energy aid for Denmark

The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […]

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