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Afghanistan seeks pioneers to reap rewards of its risks

Despite recurrent challenges, Afghanistan’s business environment is improving. Now the authorities are working to persuade investors the rewards are worth the risk through a series of economic and legal reforms. 




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FERC's data shows US renewable generating capacity has surpassed coal

According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), U.S. electrical generating capacity by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) has now - for the first time - surpassed that of coal.





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Target commits to 100 percent renewables; signs PPAs to purchase wind and solar energy

On June 12, Target corporation said it was increasing its renewable energy goals by committing to source 100 percent of its electricity from renewable sources by 2030. The goal applies to all of Target’s domestic operations.




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Renewable energy market employs 11 million in 2018 – IRENA

Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA).




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Nigerian renewable energy solutions provider Arnergy closes Series A financing

Nigerian distributed utility company, Arnergy, announced it has raised $9 Million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and All On.




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Google spending billions on data centers in renewable energy rich regions

Alphabet Inc.’s Google said it would invest 1 billion euros ($1.1 billion) to expand its data center infrastructure in the Netherlands.




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BlackRock unit aims to boost Asian renewables to $5 billion

BlackRock Real Assets is aiming to boost its renewables power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world’s fastest-growing region for green energy.




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Clearway Energy sets up blockchain test to trade renewable energy credits

Clearway Energy Group, one of the U.S.’s largest clean power developers, is launching a pilot electronic marketplace for renewable energy credits as more states push for solar and wind projects.




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Natural Gas beat coal in the US. Will renewables and storage beat gas?

In April 2019, in the heart of coal country, Indiana regulators rejected a proposal by its electric and gas utility, Vectren, to replace baseload coal plants with a new $900 million, 850 megawatt (MW) natural gas-fired power plant. Regulators were concerned that with the dramatic decline in the cost of renewable energy, maturation of energy storage and rapidly changing customer demand, such a major gas plant investment could become a stranded, uneconomic asset in the future. Regulators are now pushing Vectren to consider more decentralized, lower-carbon resources such as wind, solar and storage that would offer greater resource diversity, flexibility and cost effectiveness.




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FERC revises three-year forecast to reflect rapid growth of renewable energy

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.




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EON switches all U.K. customers to 100% renewable power

EON SE is now supplying all of its 3.3 million residential customers in Britain with 100% renewable electricity, the first of the U.K.’s “Big Six” utilities to do so.





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Freak weather events pose new risk to India's renewables goals

India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather.




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The role of retail in renewables

Regulators in a number of states are ratcheting up investigations into competitive retailer behavior and proposing new consumer protection rules. Some states with aggressive carbon emission reduction goals implemented through regulated utility contracts are wondering whether retail competition has a place where a growing portion of energy supply is locked and loaded. 




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GE Renewable Energy announces two hydropower services contracts in the US

GE Renewable Energy announced at HydroVision that it has signed two hydropower contracts in the U.S. one for FirstLight’s Northfield Mountain project and one for PG&E’s Caribou One hydropower station.




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Namibia announces $338M, 5-year renewable energy strategy

Namibia’s state-run utility will build four plants powered by renewable energy over the next five years as the southern African nation seeks to guarantee local supplies and cut its use of fossil fuels.




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New study shows benefits of local renewable energy marketplaces

The financial benefits of buying and selling locally produced energy from rooftop solar, wind turbines and batteries within communities have been revealed in a test case run by energy tech firm LO3 Energy.





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Bernie Sanders’ ‘Green New Deal’ aims to have renewables power homes by 2030

Bernie Sanders wants renewable energy to power U.S. homes and vehicles by 2030 -- and he wants to do it by enlisting the federal government in building and running new solar, wind and geothermal electricity projects.




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Are regional transmission organizations the future for renewables in the Southeast?

Renewable energy, particularly solar, is poised for significant growth in the southeastern United States. The Southeast has also mostly retained a vertically integrated utility model, and most utilities in the region have not joined a Regional Transmission Organization or Independent System Operator (collectively known as, RTO). Recent developments have led stakeholders and policymakers in the Southeast to rethink whether it is beneficial for some utilities to join RTOs – something that is generally seen as a positive development for renewable energy.




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Company trying to tackle renewable energy curtailment enters European market

This week, Scottish software company Smarter Grid Solutions (SGS) announced that it will be expanding into Europe after completing successful trials with a utility company in Germany.




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Renewable energy takes center stage at POWERGEN ASIA and Asian Utility Week

In a region of the world where coal is still king, there is room for renewables. This was a takeaway from the Ministerial Address and Joint Opening Keynote at POWERGEN Asia and Asian Utility Week. The two annual events kicked off Tuesday, Sept. 3, in Kuala Lumpur, Malaysia.





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6 key trends in sustainable and renewable energy

The 2019 Sustainable Energy in America factbook was released this week by Bloomberg New Energy Finance (BloombergNEF) and the Business Council for Sustainable Energy (BCSE). The factbook highlights a number of key trends in sustainable and renewable energy growth, emissions and jobs in the sector. Take a glance at the six charts below to learn more.




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Japanese businesses test blockchain to trade renewable energy

This week independent power producer Marubeni and LO3 Energy said they have started a pilot project in Japan where LO3 will administer an energy marketplace using blockchain to connect a number of Marubeni’s power production facilities, including renewables, with offices and factories around Japan in a virtual marketplace. The project will simulate energy transactions to test the viability of the concept with the ultimate goal of creating a full-scale commercially operational network in the future.




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ComEd installs off-grid renewable lighting at Bronzeville schools

This week ComEd said that it’s furthering innovation in Chicago’s Bronzeville neighborhood with the installation of renewable energy powered lights along the walkway to the Beethoven Elementary School. Bronzeville is home to the first “microgrid cluster” in the United States.




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Energy minister says South Africa will commit to more renewable power

South Africa plans to expand use of renewable power as the coal-dependent nation expects traditional, centralized generation plants to “disappear,” Energy Minister Jeff Radebe said.





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Hawaiian Electric Companies achieve 27 percent renewable energy in 2018 despite loss of geothermal

In late February, Hawaiian Electric Companies announced that they have achieved a consolidated 27 percent renewable portfolio standard in 2018, even with the loss of Hawaii Island’s geothermal resource for most of the year following the Kilauea volcanic eruption. Hawaii has a goal of reaching 100 percent renewable energy by 2045.




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China’s renewable energy installed capacity grew 12 percent across all sources in 2018

As of the end of 2018, China’s renewable energy installation capacity had reached 728 GW, an increase of 12 percent from a year earlier, according to statistics released by China’s National Energy Administration. This breaks down into 352 GW (up 2.5 percent) for hydro, 184 GW (up 12.4 percent) for wind, 174 GW (up 34 percent) for photovoltaic (PV) and 17.8 GW (up 20.7 percent) for biomass. Renewable energy accounted for 38.3 percent of the country’s total installed power capacity, a rise of 1.7 percentage points.




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New Hampshire considers options for buying renewable energy for state

New Hampshire is preparing to follow the lead of other New England states and create a system for procuring renewable energy on behalf of residents.




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New report shows Baltic States ahead of western EU counterparts in renewable energy targets

Findings in a recently published European Union report showed that the Baltic States of Lithuania, Latvia, and Estonia make up over 30 percent of the EU countries that have already met their 2020 renewable energy targets.




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Trump said to again seek deep cuts in renewable energy funding

The Trump administration is again seeking severe cuts to the U.S. Energy Department division charged with renewable energy and energy efficiency research, according to a department official familiar with the plan.




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San Francisco mulls creating its own 100 percent renewables-focused utility from PG&E wreckage

What happens when a famously left-leaning city dives into the buttoned-down business of electric utilities? San Francisco may soon find out.




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Powering the future… thanks to your neighbor’s renewable energy

Distributed Energy Resources (DER), such as residential solar panels, are not only changing the way energy systems operate, they also present an opportunity to change the way local communities operate by giving consumers the ability to sell excess energy, generated by microgrids or renewable set-ups, to their neighbors – it’s the new energy paradigm.




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Event Focus: SolarVision highlights Asia renewables potential

Southeast Asia is poised for a long-overdue and much-needed boom in solar.




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New Mexico Governor Grisham signs law requiring 100 percent renewable energy by 2045

On Friday, New Mexico Gov. Michelle Lujan Grisham signed the state’s groundbreaking Energy Transition Act (ETA) into law, meaning that by 2045, the state should be fully powered by clean, carbon-free electricity.




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Can this online startup change how companies buy renewable power?

It was a milestone deal, not for its size but for the number of parties. In January, five big companies, each with differing energy requirements and renewable strategies, agreed to pool their investment and collectively purchase 42.5 megawatts from a North Carolina solar project.




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Germany generated more than 50 percent of electricity from renewables in March

In a first for the country, Germany generated 54.5 percent of electricity from renewable energy in March 2019. This is according to data collected by the Fraunhofer Institute for Solar Energy Systems.





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A 'Green New Deal' for Central America would present business opportunities for renewable power generators

Recently there has been a great deal of interest in a ‘Green New Deal’ for the United States. It is seen as a way to solve pressing environmental, employment and economic problems with a single comprehensive plan. Modeled on Roosevelt’s New Deal, which created jobs, invested in large infrastructure projects, and pulled the US out of the Great Depression, the Green New Deal is a modern version of that program, but with green energy investments, 21st century job training, and deficit reduction as the key components.




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Three ways utilities can partner with smart renewable cities to deliver on their objectives

Cities and renewable electricity have, respectively, become the habitat and energy of choice globally. The two are increasingly inseparable. Urbanization and electrification trends have turned cities and the grid into leading platforms for human activity, presenting unique opportunities for today’s utilities to partner with municipalities to achieve their smart city goals.




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Get ‘renewable therapy’ during next week’s Solar Education Week

The Redford Center, a California-based non-profit co-founded in 2005 by Robert Redford and his son, James, announced that every morning, from April 15-22, 2019, the organization will post an episode a day of "Renewable Therapy for Climate Anxiety," a conversational mini-series featuring Filmmaker, James Redford, and Matthew Nordan, clean energy investor and managing partner at MNL Partners. In each two-minute installment, the pair explores questions that nag environmentalists when it comes to renewable energy. Watch the first episode below.




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Vermont utility launches vision for 100 percent renewable energy by 2030

This weekend at its “Earth Day Every Day Fair,” Green Mountain Power announced an energy vision to have a 100 percent carbon free energy supply by 2025 and 100 percent renewable energy by 2030. The utility said the move is among the most aggressive carbon targets for a utility of GMP’s size in the country.




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EU approves €385 million renewable energy scheme for Lithuania

The European Commission has approved a €385 million (US$429.7 million) renewable energy scheme to support renewables generation in Lithuania, including hydroelectric power.




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Ball Corporation plans 100 percent renewable push; purchases 388 MW of wind and solar

This week global energy and infrastructure group, Eversheds Sutherland, announced that it helped Ball Corporation secure two virtual power purchase agreements (VPPAs) – one wind and one solar – for a total of 388 MW of new renewable energy. According to Ball, these agreements will allow the company to power 100 percent of its corporate, packaging and aerospace operations electricity load in North America with renewable energy by the end of 2021.





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In Illinois, storage is among the next hurdles for renewables expansion

ComEd sees a significant role for energy storage on Illinois’ electric grid as the state works toward realizing its ambitious renewable goals.