Market Updates
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© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Market Updates
© Copyright – Welhunt Materials Enterprise Co. Ltd. | Disclaimer/Terms conditions
© Copyright – Welhunt Materials Enterprise Co. Ltd.
Disclaimer/Terms conditions
Masdar Wins Landmark PPA to Build Southeast Asia’s Largest Floating Solar Plant in Malaysia
Abu Dhabi Future Energy Company PJSC, Masdar, has entered the Malaysian market with a landmark power purchase agreement to develop a 200MW floating solar photovoltaic project, a move that immediately places the UAE-backed developer at the centre of Southeast Asia’s clean energy buildout. This is the first project under a broader 10GW renewable energy roadmap agreed between Masdar and the Malaysian Investment Development Authority in 2023. The $208 million Chereh Dam project anchors Malaysia’s push toward a 35 percent renewable energy mix by 2030.
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#Malaysia #SoutheastAsia #UAE #FloatingSolar #PPA #CherehDam #RenewableRoadmap #Masdar
Glencore buys majority stake in Dutch fuel company FincoEnergies
Global commodity giant Glencore will take majority ownership of Dutch low-carbon fuel supplier FincoEnergies, marking a strategic move into energy transition markets. The deal strengthens Glencore’s downstream footprint in European transport fuels and biofuels while accelerating consolidation among trading houses seeking physical assets tied to decarbonization. FincoEnergies plans to expand renewable fuels, insetting credits, and low-carbon solutions across road, marine, and broader transport sectors, positioning itself as a key player in Europe’s clean energy shift.
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#Glencore #LowCarbonFuels #Biofuels #DownstreamAssets #Europe #TransportDecarbonization #EnergyTransition
Carbon Herald: CCUS In 2025: An End-Of-Year Review
Carbon capture, utilization and storage (CCUS) moved from concept to deployment in 2025, marking a major inflection point for global climate strategy:
– Commercial scale-up: 77 operating projects, 47 under construction, and tens of millions of tons/year capture capacity now online.
– North America: Private investment surged; U.S. expanded 45Q tax credit, while Canada reached 4.4 mtpa capacity despite uneven public funding.
– Europe: Cross-border transport and storage hubs advanced, with Norway’s Northern Lights issuing first certified CO₂ storage.
– Asia-Pacific: China, India, Thailand, and Gulf states launched national CCUS strategies and pilots.
Momentum sets the stage for broader industrial deployment in 2026.
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#CCUS #CarbonCapture #GlobalScaleUp #CrossBorderTransport #StorageHubs #AsiaPacific #2026Outlook #IndustrialDeployment
BURN Becomes First To Issue Insured CORSIA Cookstove Credits
BURN has become the first developer to issue insured cookstove carbon credits eligible under the aviation sector’s CORSIA compliance system. Gold Standard confirmed 180,000+ credits have been tagged as eligible for Phase 1 of CORSIA. The approval followed completion of all program requirements, including receipt of a host-country letter of authorization, issuance under an approved methodology, and coverage through a carbon insurance policy underwritten by OKA. The approach is emerging as a mechanism to strengthen confidence and unlock additional supply for compliance-grade carbon markets.
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#Cookstoves #CORSIA #Phase1 #GoldStandard #CarbonInsurance #OKA #ComplianceMarket #LOA #BURN
Serious Allegations Prompt Verra to Reject China Projects and Launch Broader Reviews
Multiple carbon projects in China are under scrutiny after allegations of falsified government approval documents. Verra has canceled four issued projects and required developers to replace prior Buffer Pool contributions with market-eligible credits. The registry has also launched enhanced quality reviews on 35 active projects and initiated independent audits of AFULO projects, which previously issued 7.1 million VCUs before withdrawal. Validation and verification bodies (VVBs) must provide evidence confirming original government approvals. These actions highlight Verra’s intensified efforts to safeguard integrity and compliance in global carbon markets.
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#Verra #China #VCU #Integrity #QualityReview #BufferPool #VVB #AFOLU #RegistryAction #Compliance #MarketTransparency
S&P Global Energy Horizons Top Trends 2026
S&P Global Energy warns that AI-driven power demand, geopolitics, and climate pressures are reshaping clean energy markets. Global datacenter electricity demand could surpass 2,200 TWh by 2030, straining grids and challenging corporate sustainability goals. China’s policy shifts have triggered the first annual decline in global solar additions, disrupting supply chains and financing assumptions. Meanwhile, grid modernization emerges as a critical factor for energy security, competitiveness, and the pace of decarbonization worldwide.
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#SPGlobal #EnergyHorizons #AIpowerDemand #GridModernization #SolarSupplyChain #ChinaPolicyShift #Geopolitics #Decarbonization #EnergySecurity
EU approves 90% emissions cut by 2040, boosts carbon credit use to 5%
The EU has approved a 90% emissions reduction target for 2040, allowing up to 5% use of international carbon credits under its climate policy. This decision, after intense negotiations, aims to boost global carbon markets and align with the Paris Agreement’s Article 6. The plan also sets a 66.25%-72.5% reduction range for 2035. While significant for climate ambition, the implementation involves strict criteria and potential flexibility, with some concerns about economic impacts and the actual extent of emissions cuts.
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#EU #ClimatePolicy #CarbonMarket #EmissionsReduction #Article6 #CarbonCredits #Regulation
Q4 CORSIA Credits Procurement Event Now Open
The Q4 CORSIA Credits Procurement Event is open from November 3 to 28, 2025, inviting airlines to purchase carbon credits through the IATA Aviation Carbon Exchange (ACE). This event offers 1 million credits from the Guyana Jurisdictional REDD+ project. In the recent Q3 event, credits sold at a fixed price of $22.55/tonne via the CBL GEO-CP1 spot contract, which acts as the market benchmark for CORSIA Phase 1. Airlines can monitor this benchmark using the Offset Compliance Simulator on IATA EcoHub. More procurement events are planned for 2026 with increasing supply of eligible emission units (EEUs).
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#CORSIA #CarbonMarket #Aviation #IATA #REDD+ #ACE
Xpansiv Announces Acquisition of Evident to Strengthen Global Renewable Energy Markets
Xpansiv has fully acquired Evident Group, combining their renewable energy certificate (REC) registries into a global clean energy registry leader with over 300 GW capacity. This merger advances Xpansiv’s strategy to expand its global renewable energy market presence through organic growth and acquisitions. Evident continues as an independent certification body under I-TRACK Foundation oversight, ensuring market transparency and integrity. The acquisition responds to growing global demand for renewable energy certificates, driven by sectors like data centers and electric vehicles, supporting the global energy transition.
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#Xpansiv #Evident #REC #RenewableEnergy #CleanEnergy #MarketIntegration #Certification