Two years after Britain had its first coal-free day since the Industrial Revolution, the nation’s network operator is readying itself for life without any fossil fuels.

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.

Mercom Capital Group released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019 and found that total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q1 2019 came to $2.8 billion. Year-over-Year (YoY) funding in Q1 2019 was about 10 percent higher compared to the $2.5 billion raised in Q1 2018.

Building solar and wind energy projects on potentially contaminated lands can be a golden opportunity, both effective and cost-effective, for developers. The 120-acre Reilly Tar & Chemical Corporation Superfund site was recently redeveloped with a utility-scale solar farm and is a prime example of the reuse potential inherent in thousands of Superfund sites, brownfields, retired power plants, and landfills.

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.

This week energy developer BayWa r.e. published its Energy Report 2019, which surveyed 1,200 European corporations about their attitudes toward renewable energy.

Oil companies, automakers and consumer products manufacturers will unleash a campaign for a U.S. tax on carbon dioxide emissions even though it may lead to higher prices for their products.

Renewables energy investment in Asia excluding China will overtake spending on upstream oil and gas projects in the region as soon as next year, according to Rystad Energy.

Brazil is the second-largest producer of hydroelectric power in the world, after only China, and hydropower accounted for more than 70% of the country’s electricity generation in 2018. Brazil’s latest 10-year energy plan seeks to maintain this level of hydro generation while increasing the share of nonhydro renewables, particularly solar.

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.

Chinese solar company Hanergy Thin Film Power Group has won a deal to build the first solar PV plants in the Democratic Republic of Congo.

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.

Elizabeth Warren and Bernie Sanders stuck together, Pete Buttigieg took the middle path, Marianne Williamson took on racism and Beto O’Rourke faded into the background.

The Skeleton Creek project will be located in three Oklahoma counties

Coming on the heels of Gap’s announced 90-MW PPA with Enel Green Power, BloombergNEF released its 2H 2019 corporate energy market outlook in which it said that corporations signed contracts to purchase 8.6 GW of clean energy in 2019 through July, up from 7.2 GW at the same time last year.

Even as they touted ambitious proposals to reduce carbon emissions to a national audience, Democratic candidates for president tried to balance the boldness of their plans with the need for simplifying a complex scientific problem to make it palatable to voters.

In recognition of the widely acknowledged studies that show that organizations with gender equality perform better financially, this year POWERGEN International, along with partner UL, is launching a new awards program that seeks out women of good character.

Utilities and independent power producers (IPPs) plan to invest $110 billion through 2025 to build new, natural gas-fired power plants. They, their shareholders and society would be better served were that capital invested in new, distributed, renewable power generation and distributed energy resources (DERs), including utility-customer demand response and energy efficiency programs, the Rocky Mountain Institute says.

On the premise that the nations of the world are not doing enough to meet the goals of the 2015 Paris Climate Agreement, Governor Jerry Brown, New York City’s former Mayor Michael Bloomberg and other dignitaries convened a high-profile international gathering in San Francisco September 12-14 to inspire more ambitious action and showcase successful efforts.

The Gentleman coal plant was once the linchpin of Nebraska’s electricity grid, its twin smokestacks visible for miles across the prairie. Now, the state’s biggest power source is routinely pushed aside to make room for more wind and solar energy.

Last week, Siemens and Case Western Reserve University (CWRU) announced a new new academic partnership that they say will provide students with the skills needed to operate and advance the nation’s energy grid.

When California voted to get 100 percent of its electricity from renewable sources by 2045, it sent a signal to the market about which types of power generation technologies will remain competitive into the future. And according to Mike Ferguson, Director, North America Energy Infrastructure and Sustainable Finance with S&P Global Ratings, what California does, other states may soon follow.

Italian multinational utility Enel has been recognized as one of the world’s most active companies in the open innovation field.

The Public Utility Commission of Nevada has approved NV’s long-term IRP to double its renewable energy capacity by 2023. The utility will bring 1,001 MW of solar capacity online via six new power purchase agreements (PPAs).

As scientists seek more ways to harness nature’s power to produce renewable energy, there’s one energy source burned naturally every day that isn’t being harnessed: calories.

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.

This week energy developer BayWa r.e. published its Energy Report 2019, which surveyed 1,200 European corporations about their attitudes toward renewable energy.

Among my circle of friends and colleagues, everyone is aware of the impact of human activities on climate change - the melting of arctic ice, the destruction of species - and the major causes of it, namely, coal burning for electricity and fossil fuels burning for transport. What nearly everyone is unclear about is what specifically to do about it and how fast.

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.

Global demand for air-conditioning is projected to triple over the next 30 years, as the planet warms and urban populations grow, particularly in emerging markets. Meeting that demand will call for significant investments in new cooling infrastructure and the electrical generating capacity necessary to power it. Although traditional cooling technologies are expected to become more efficient in coming years, countries will need to plan for these additional loads, which will be expensive. Emerging markets can also make use of district cooling, an approach that the Gulf Cooperation Council (GCC), which consists of six Middle Eastern countries — Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman — have successfully adopted.

Korean biopharma company, PharmAbcine, is commencing full-scale clinical trials of a brain cancer treatment in the United States, following pioneering early phase trials in Australia.

Chinese genome sequencing company, BGI Genomics (BGI), and Australian health-data expert, Pryzm Health (Pryzm) have announced a collaboration designed to bring genome-related precision health services to Australia.

The addition of hydropower generating capacity to an irrigation network in northern Japan is one step closer to completion. Several sites have been identified for the installation of VLH turbines, with a total capacity of 1.433 MW.

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

The 130-MW Les Cedres generating station in Canada is a landmark in the history of Quebec hydropower. Hydro-Quebec recently celebrated the station's 100th year of operation, as well as its induction into the Hydro Hall of Fame.

Learn how Canadian utility SaskPower integrated its hydro and non-hydro generating assets under one management system using Hatch's Vista Decision Support System.

The secretary general of the United Nations is frustrated with the pace of negotiations for what’s intended to be a crucial agreement limiting global warming.

Climate change pledges submitted so far from the world’s leading economies won’t be enough to keep the planet from warming dangerously, UN Secretary General Ban Ki-moon said Monday in New York.

Proposals to reduce heat-trapping emissions need to be “a floor, not a ceiling,” he said.

The global increase in temperatures will exceed 2 degrees Celsius (3.6 degrees Fahrenheit) under the national pledges already submitted to UN, Ban said. That’s the goal scientists and the UN have set to avoid the worst effects due to global warming.

The proposals submitted to date “will not be enough to place us on a 2-degree pathway,” Ban said.

Without any changes to global emissions, the world is on track to warm by 4 degrees Celsius or more, UN Assistant Secretary-General for Climate Change Janos Pasztor said earlier this month.

World leaders have five months to go before a meeting of almost 200 nations in Paris that’s intended to seal a new global pact to cut planet-warming carbon emissions. If successful, the agreement would be the first ever to require both developed nations like the US and growing economies like China to address climate change.

“The pace of UN negotiations are far too slow,” Ban said. “It’s like a snail’s pace.”

The U.S., the world’s biggest historic source of greenhouse gases, pledged earlier this year to cut its emissions by as much as 28 percent by 2025. The European Union has promised a 40 percent cut by 2030. Several other major economies, including Australia and Japan, have yet to submit climate plans to the UN.

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.

German utility E.ON has agreed to sell its 527 MW Terni hydroelectric power complex to Genoa-based ERG Power Generation S.p.A.

Power to Sardauna, Taraba, Nigeria has increased with the Aug. 14 commissioning of the 400-kW Tunga hydroelectric project on the Donga River.  

On Nov. 11, Germany-based Aquila Capital announced it has signed an agreement with four Norwegian utility companies -- Statkraft AS, Agder Energi, BKK and Skagerak Energi -- to acquire all shares of Smakraft AS, Norway's largest small-hydro company.  

Offshore Renewable Energy (ORE) Catapult and consultancy firm Frazer-Nash, both based in the UK, will perform a live demonstration of their marine hydrokinetics (MHK) energy project risk assessment tool during the International Tidal Energy Summit pre-conference risk and reliability workshop in London on Nov. 23.
 

A significant step to develop the first megawatt from the marine hydrokinetic (MHK) Sotenas Wave Energy Plant off of Sweden’s west coast took place earlier this month when a 120-ton subsea generator switchgear was deployed and connected to the Swedish national power grid via a 10-km-long subsea cable.
 

The Cascade Generation Station on the Seguin River in Parry Sound, Ontario, Canada, is being upgraded from 1.2 MW to 3.4 MW, according to the project’s owner, Parry Sound PowerGen Corp.
 

A Brazilian federal court has suspended an operating license for the 11.2-GW Belo Monte hydroelectric plant, stating that its developers have failed to provide water and sewage services to areas near the project.

Bernadette A. Hernandez-Sanchez, Ph.D., is a chemist and now the first female researcher from Sandia National Laboratories (Sandia) to receive the Outstanding Technical Achievement award from Great Minds in STEM.
 

Statkraft opened its renovated and expanded 350-MW Nedre Rossaga hydropower station on Oct. 18.

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.

Norsk Hydro has suffered from a cyberattack that has crippled some of its infrastructure. Norsk Hydro is primarily an aluminum manufacturer, but the company also owns and operates 17 hydroelectric power stations in Norway.