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An Indian start-up has raised $4 million in a seed round as it seeks to expand its operations in South Asia, it announced on Friday.

An Australian market firm has updated its base case spot price forecast for Australian Carbon Credit Units (ACCU) in light of the expected changes to the Safeguard Mechanism, as a policy watcher urged the government to expand the scope of scheme’s design.

Bursa Malaysia officially launched its voluntary carbon market (VCM) exchange on Friday, to be known as BCX, an initiative jointly developed with the Malaysian ministries of environment and finance, as the Southeast Asian nation seeks to unlock sources of VCM revenue to help meet its climate and environmental policy goals.

The best of this week’s wildlife pictures, including a released snow leopard, a rescued bear and a very large flower

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Agency aims to double the number of schemes it supports after success of £15m pilot projects

Low-tech “natural” flood management such as using natural materials to slow river flow and storing flood water on meadows will play a key role in preventing future floods, according to the chief executive of the Environment Agency.

Sixty pilot natural flood management projects have helped protect 15,000 homes and create storage for up to 1.6m cubic metres of flood water, while also helping nature recovery on 380 miles (610km) of river and on 4,000 hectares of wetlands and woodlands.

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Everything has been real hard so let’s enjoy whatever we can whenever we can

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Australian solar thermal technology developer puts in order for 13,500 sodium-ion batteries to form part of its proposed hybrid energy hub in Mt Isa.

The post Vast Solar puts in huge sodium-ion battery order for Mt Isa hybrid power hub appeared first on RenewEconomy.

Andrew Forrest's Squadron Energy has nearly a dozen big battery project proposals as the market focuses on "firmed" renewable power supplies.

The post Squadron plans nearly a dozen big batteries in push for “firm” renewables appeared first on RenewEconomy.

Squadron Energy CEO Eva Hanly discusses Squadron Energy’s surprise $4 billion plus purchase of CWP. Plus: Energy ministers come up with a storage plan.

The post Energy Insiders Podcast: Andrew Forrest’s big Australian power play appeared first on RenewEconomy.

Spot prices and trading volume in China’s national emissions trading scheme both dropped over the past week, with unclear market prospects that observers attribute to possible changes in the proposed post-2020 allowance allocation plan amid opposition from power plants.

A daily summary of our news plus bite-sized updates from around the world.

A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

Major new report says domestic production of silicon is the first step to breaking Australia's dependence on overseas markets and meeting its huge solar power goals.

The post CSIRO says Australia can – and must – build its own silicon and solar cell supply chain appeared first on RenewEconomy.

UN body ICAO’s Council has given a jurisdictional REDD+ initiative full eligibility and three other carbon credit programmes conditional eligibility to supply emissions units to the CORSIA global aviation offsetting scheme, while delaying a decision on granting re-eligibility for already-approved standards past the scheme’s current pilot phase.

I know what it is like to live in a country where there is no way to voice opposition

The case of climate protester Violet Coco, who was sentenced to 15 months in prison for briefly blocking a lane of traffic on the Sydney Harbour Bridge, is a frightening development. This was a peaceful protest, but the court refusing her bail until March is a condition usually imposed on violent criminals, according to her lawyer. A researcher from Human Rights Watch has called the sentence “outrageous”.

The escalation of this case to such a completely disproportionate punishment is a part of a trend of shrinking civic space that is being mirrored in other democratic societies. In the UK, new legislation is set to give the police unprecedented powers to shut down protests and punish protesters. New laws in New South Wales that Violet was convicted under were supported by both the Liberal government and Labor opposition, both of which take donations from the fossil fuel companies. These new laws mean that peaceful climate activists face far higher jail terms than serious criminals.

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Lightsource bp says it will be the biggest solar developer in Australia after securing funding for two new large solar farms.

The post Two big Australian solar projects get green light after securing $540m in funding appeared first on RenewEconomy.

California Carbon Allowance (CCA) prices moved steadily higher through the week as market participants dissected the odds of lawmakers adopting a stronger 2030 emissions reduction target, while RGGI Allowances (RGAs) traded within a tight range into the last quarterly auction for the year on Dec. 7.

The German government has launched a €900 million auction scheme for green hydrogen imports.

The post Germany launches first auction for green hydrogen imports appeared first on RenewEconomy.

Storage mechanism paves way for grid decarbonisation at the speed and scale required as we leave behind our unreliable, ultra-expensive thermal power fleet.

The post Adults are back in the room, with policy that paves the way for cheaper electricity appeared first on RenewEconomy.

The Cap-and-Trade Program is seeking an enthusiastic team member with expertise in the electricity sector and assessing economic/emissions leakage to work on the development, implementation, and analysis of the California Air Resources Board’s greenhouse gas (GHG) emissions reductions programs.