Marcelo Eduardo Arze García, Bolivia’s vice minister of tourism, tells Sebastian Shehadi why tourists are turning their attention to one of South America's less explored destinations. 

Lithuania is enjoying a boost in FDI project and jobs, with the capital, Vilnius, getting the lion's share.

Investment into the Middle East region by US-based companies showed a notable increase between the beginning fo 2016 and the end of 2018. 

Vermont joined the ranks of other New England states that provide incentives for electric vehicles with Gov. Phil Scott’s signature on June 14 on a yearly transportation bill.

This week the Global Wind Energy Council (GWEC) launched the first edition of its Global Offshore Wind Report, which provides a comprehensive analysis of the prospects for the global offshore wind market, including forecast data, market-level analysis and review of efforts to lower costs.

A series of U.S. renewable energy incentives violated international trade rules, according to the World Trade Organization, threatening to stoke tensions between the two countries as President Donald Trump prepares to meet Prime Minister Narendra Modi on Friday.

Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities (DPU) allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.

The Lockett Wind farm in Wilbarger has the potential to generate more than 700,000 MWh of renewable energy per year, enough to power the equivalent of 70,000 homes. 

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.

A report recently released by the U.S. Department of Energy defines and evaluates cost and performance parameters of six battery energy storage technologies (BESS) and four non-BESS storage technologies.

One evening last year, David Burek noticed charred wood and a burning smell in his attic, near his young sons’ bedroom. He climbed a ladder and saw a melted connector wire from the solar panels installed on the roof of his North Dartmouth, Massachusetts, home. Firefighters rushed over and discovered that flames had burned through the shingles, the roof and a support beam. Luckily, a recent rain had doused it.

Lincoln Clean Energy (LCE), Ørsted’s U.S. onshore company, issued the final notice to proceed on its 230-MW Plum Creek wind facility in Wayne County, Nebraska. This follows the final investment decision from Ørsted’s Board of Directors.

California’s energy storage incentive program has been a great success, with more than 11,000 battery storage systems installed to-date. The problem is, it’s not reaching the state’s most vulnerable communities. A new proposal from the California Public Utilities Commission (CPUC) aims to fix some of the barriers preventing disadvantaged communities from participating in the program, and it allocates $100 million to a new program designed to offset the cost of battery storage systems for populations threatened by wildfires and related utility power shutoffs.

British people need to fly less, drive electric cars, eat little meat and turn their home thermostats down to 19 degrees Celsius (66 Fahrenheit) in order to rein in greenhouse gases damaging the planet.

The U.K. has now gone more than a week without using any of its coal-fired power stations, yet another record, and a sign that life without the dirtiest fossil fuel might not be that far away.

A series of U.S. renewable energy incentives violated international trade rules, according to the World Trade Organization, threatening to stoke tensions between the two countries as President Donald Trump prepares to meet Prime Minister Narendra Modi on Friday.

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.

Estimated traffic fatalities decreased in 2019 despite an increase in driving, according to a report from the NHTSA released on Wednesday. There were projected to be 36,120 traffic fatalities in 2019, which is a 1.2% decrease from 2018. It marks the third consecutive year of declines from a post-recession high point of 37,806 traffic fatalities in...

Nissan’s Leaf-based van for Europe gets larger. More mobile charging is on the way for bigger electric trucks. And could the pandemic pinch material supply for EV makers and the clean energy sector? This and more, here at Green Car Reports. The coronavirus pandemic could tighten the supply of some materials needed for the creation of...

Earlier this week SIMEC ZEN Energy announced details of the first of many planned renewable energy projects for South Australia. The Cultana Solar Farm, a 280-MW solar power plant expected to generate 600 GW-hours of energy annually in Australia’s sunny climate is expected to begin construction in early 2019 according to details in a press release.

New Jersey’s biggest utility says it can make money by getting its customers to use less of what it sells.

Last week, New York Governor Andrew M. Cuomo announced that the New York State Public Service Commission approved two initiatives to increase New York's energy efficiency and energy storage targets.

As part of its acquisition of Maximum Solar, Ameresco said, it will further develop in-house services to operate and maintain solar facilities. Maximum Solar currently manages about 150 MW of solar throughout the northeastern U.S.

GE announced today that it sees a future in housing its renewable generation businesses (onshore and offshore wind, hydropower) alongside its grid businesses which include substations and transformers plus solar, storage and distributed energy resource (DER) control software. GE Renewable Energy CEO Jerome Pecresse said in a press conference that the move will simplify the lives of GE’s customers by giving them one point of contact for all of their renewable energy power needs.

Italy’s government is dragging its feet on incentives for geothermal power and one local politician has decided to take his protest to the extreme.

Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities (DPU) allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.

California’s energy storage incentive program has been a great success, with more than 11,000 battery storage systems installed to-date. The problem is, it’s not reaching the state’s most vulnerable communities. A new proposal from the California Public Utilities Commission (CPUC) aims to fix some of the barriers preventing disadvantaged communities from participating in the program, and it allocates $100 million to a new program designed to offset the cost of battery storage systems for populations threatened by wildfires and related utility power shutoffs.

Toronto-based Hydrostor Inc., a leader in advanced compressed-air energy storage (A-CAES), has announced a A$30 million technology demonstration project at the former Angas Zinc mine in Strathalbyn, Adelaide.

The Boeing Company is set to design and build a large, military unmanned air vehicle (UAV) in Australia, with the first flight set for 2020. The Australian government will invest A$40 million in the project.

Japan’s trade ministry is setting stricter rules for production and sales of renewable energy in what it says is a drive to speed up development of projects and ensure stable power supply.

In many countries, needs to reduce greenhouse gas emissions have led to increased installation of intermittent renewables such as wind and solar.

California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state’s renewable energy mandate to 50 percent.

Germany’s utilities, battered by the country’s shift to wind turbines and solar panels, would be glad to sell you a power plant on the cheap. They’ll even pack it up and ship it to another country.

Sweden and Norway agreed to boost their target for renewable energy production amid concerns the additional capacity will exacerbate a power glut and strain the region’s electricity grid.

Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

For more, see Big Companies, Big Renewable Investments.

Murilo Ferreira, chairman of Brazil-based energy conglomerate Petrobras (Petroleo Brasileiro SA), has stepped down effective Nov. 30.

Congress today announced details of a year-end tax deal that could provide a two-year extension on provisions for hydroelectric and marine hydrokinetic resources.

Chile's Schwager Energy and China-based Shenyang Yuanda Commercial & Investment Co. signed a memorandum of understanding on Nov. 3 to build the 3-MW Los Pinos run-of-the-river hydroelectric plant in southern Chile's Lagos region, according to BN Americas.
 

Manitoba Hydro has announced that it will eliminate more than 15% of its workforce while raising rates by at least 10% as the provincial utility's efforts to cut expenditures continue.

Power Africa and Trade Africa Coordinator, Andrew Herscowitz, announced on Feb. 14 during the Abuja Electricity Distribution Co.’s two-day Distribution Company Workshop in Abuja, Nigeria, that the U.S. will invest US$1billion in the country through the U.S. Trade and Development Agency (USTDA).

The partnership between Manitoba Hydro and four First Nations via the Keeyask Hydropower Limited Partnership (KHLP) announced a significant increase in its control budget and a revised commissioning date for the 695-MW Keeyask Generating Station in a statement on March 7.
 

British people need to fly less, drive electric cars, eat little meat and turn their home thermostats down to 19 degrees Celsius (66 Fahrenheit) in order to rein in greenhouse gases damaging the planet.

The U.K. has now gone more than a week without using any of its coal-fired power stations, yet another record, and a sign that life without the dirtiest fossil fuel might not be that far away.

Vermont joined the ranks of other New England states that provide incentives for electric vehicles with Gov. Phil Scott’s signature on June 14 on a yearly transportation bill.

Commercial property owners with existing energy storage systems, or owners considering implementing an energy storage system, may be able to benefit from a recent order by the Massachusetts Department of Public Utilities (DPU) allowing utility companies to pay customers who agree to rely upon their energy storage systems and dispatch the energy during peak events.

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.

A report recently released by the U.S. Department of Energy defines and evaluates cost and performance parameters of six battery energy storage technologies (BESS) and four non-BESS storage technologies.

California’s energy storage incentive program has been a great success, with more than 11,000 battery storage systems installed to-date. The problem is, it’s not reaching the state’s most vulnerable communities. A new proposal from the California Public Utilities Commission (CPUC) aims to fix some of the barriers preventing disadvantaged communities from participating in the program, and it allocates $100 million to a new program designed to offset the cost of battery storage systems for populations threatened by wildfires and related utility power shutoffs.