renewable energy

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.




renewable energy

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.




renewable energy

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.




renewable energy

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.




renewable energy

Indian government to declare large hydropower projects a renewable energy source

The Indian government’s Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved measures to promote the hydropower sector that include declaring large hydropower projects to be part of the non-solar renewable purchase obligation (RPO).




renewable energy

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.




renewable energy

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.





renewable energy

EU corporates want renewable energy but bureaucracy and regulations are holding them back

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




renewable energy

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).




renewable energy

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.




renewable energy

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.





renewable energy

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.




renewable energy

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.




renewable energy

Six Renewable Energy Gift Ideas for the Holidays

It's that time of year, time to wrestle with the wallet, brave the shopping malls, or surf online for deals. If you're in a renewable energy state of mind this season, we've got you covered -- here are a handful of gift ideas for you and those special someones on your list.




renewable energy

In This Season of Giving Consider Renewable Energy Charities

It’s easy to get caught up in the holiday bustle: shopping, decorating, parties, and preparation. Our to-do lists can seem endless, but we carry on because it is that special time of year, a season of giving.




renewable energy

Renewable Energy Provides 100% of All New US Electrical Generating Capacity in November 2013

According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's Office of Energy Projects, solar, biomass, wind, geothermal, and hydropower "units" provided 394 MW — or 100 percent — of all new electrical generation placed in-service in November 2013. There was no new capacity during the month from natural gas, coal, oil, or nuclear power. Renewable energy sources also provided 99 percent of all new electrical generating capacity in October.




renewable energy

Renewable Energy’s Hottest Conversations of 2013

Here at RenewableEnergyWorld.com, we pride ourselves on our active community of readers who click, share, and comment on the articles that we post every day. While we don’t always agree with their take on the pieces we post, we always value constructive feedback and the high quality discussion that sometimes ensues.




renewable energy

Danish Pension Fund To Invest in Renewable Energy Projects in Developing Nations

PensionDanmark A/S and other Danish pension investors backed a state fund to finance emission-reduction projects in developing countries as the Scandinavian nation seeks to export its climate know-how abroad.




renewable energy

Renewable Energy Loses Out in Europe's "Lame-Duck" Climate Plan

Wind and solar power producers say they're at risk of losing investment after the European Union's executive arm scrapped proposals for a mandatory target on renewable energy use in 2030.




renewable energy

Europe Divided on Supply Security as Renewable Energy Grows

European Union governments and the bloc’s executive arm are splitting over how to guarantee electricity supply as the region builds more renewable power.




renewable energy

Renewable Energy Generation to Expand UK Waste-fired Bioenergy Plan

Renewable Energy Generation Ltd., a British low-carbon asset developer backed by BlackRock Inc., will build six waste-to-power plants with Caterpillar Inc. and Finning U.K. Ltd. in an expansion of plans published last month.




renewable energy

Musk Says Renewable Energy Shift to Bring ‘Strife’ for Utilities

Tesla Motors Inc. Chief Executive Officer Elon Musk said shifting to greater use of solar and wind power will challenge utility companies.




renewable energy

Renewable Energy in MENA Area to Double Next Year, Desertec Says

Clean energy assets in the Middle East and North Africa will more than double in capacity by the end of next year, the Dii GmbH industry association said.




renewable energy

BP Scraps Renewable Energy Goal After Investing $8.3 Billion

BP Plc, recovering from an oil spill that may cost it as much as $42 billion, said it hasn’t set a new target for investing in renewable energy after investing $8.3 billion in the business.




renewable energy

Greenpeace Praises Apple's Increased Commitment to Renewable Energy

Greenpeace issued its annual report on the energy efficiency of Internet companies, praising Apple Inc., Facebook Inc. and other major providers of online services for improved use of energy resources.




renewable energy

Utilities Threatened by Competitive Renewable Energy Growth

Technology is catching up with Thomas Edison’s electricity industry, eating away at the utility business model that hasn’t changed much in a century.




renewable energy

Global Renewable Energy Should Triple to Save Climate, UN Panel Says

The world needs to triple the energy it gets from renewables, nuclear reactors and power plants that use emissions-capture technology to avoid dangerous levels of global warming, United Nations scientists said.




renewable energy

CEO of German Utility RWE Says It Should Have Invested in Renewable Energy Sooner

What’s a beleaguered utility to do when forced by the government to close its profitable nuclear power plants?




renewable energy

Ukraine Seeks Renewable Energy Investors to Loosen Russia’s Grip

Ukrainian officials say they’ve found a way to protect the nation from Russia: Go green.




renewable energy

German Utilities Fight Renewable Energy Shift

Germany’s biggest utilities face dwindling market shares as the shift to renewable energy spurs regional power generation and storage technology, a senior member of Chancellor Angela Merkel’s party said.




renewable energy

Former Banker Will Now Oversee Renewable Energy in India

Indian Prime Minister Narendra Modi appointed a former banker to oversee coal, power and clean-energy reforms in a move aimed at resolving fuel bottlenecks and chronic blackouts hampering economic growth.




renewable energy

Is Natural Gas Sucking Investment from Renewable Energy?

U.S. President Barack Obama says natural gas can be a bridge from coal to a cleaner energy future. Investors are showing it’s more likely a bridge to nowhere.




renewable energy

South Africa Seeks to Improve Process for Renewable Energy Deals

South African Energy Minister Tina Joemat-Pettersson said her department wants to address weaknesses in the process of commissioning renewable-power projects.




renewable energy

Japan Utility to Suspend Grid Access for New Renewable Energy Producers

Kyushu Electric Power Co. will suspend responding to applications from renewable-energy producers applying to access its grid while it reviews how much more clean energy it’s capable of handling.




renewable energy

Japan Installs 11 GW of Renewable Energy in Two Years

Japan has added 11,090 megawatts of clean energy capacity since July 2012, when it began an incentive program to encourage investment in renewables, according to the Ministry of Economy, Trade and Industry.




renewable energy

EU Seeks Faster Renewable Energy Integration Amid Crisis in Ukraine

The European Union is seeking to speed up the creation of a common energy market to help its shift to a low-carbon economy and boost security of energy supplies amid a natural-gas dispute between Russia and Ukraine.




renewable energy

Are UK Renewable Energy Contracts Hurting Consumers?

The U.K. government didn’t get the best deal for consumers when it awarded 16.6 billion pounds ($26.8 billion) worth of clean-energy contracts, according to a parliamentary committee.




renewable energy

Australia Seeks to Reduce Renewable Energy Target to ‘Real’ 20 Percent

Prime Minister Tony Abbott’s government will negotiate with the opposition to cut Australia’s renewable energy target and exempt industries such as aluminum and copper smelting.




renewable energy

Renewable Energy Expanding in South Africa

South Africa plans to triple electricity production from renewable-energy sources to help alleviate power shortages that caused rolling blackouts throughout the country in recent weeks.




renewable energy

Japan Toughens Rules for Renewable Energy Incentive Payments

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.




renewable energy

California Governor Seeks to Increase Renewable Energy Mandate to 50 Percent

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




renewable energy

Brazilian Bank Raises $408 Million for Renewable Energy and Water Projects

The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.




renewable energy

Chile Gets Cleaner at a Profit with Renewable Energy Push

Policies favoring clean energy and increased competition would normally dim prospects for existing producers. Not in Chile, where foreign investors are driving a renewable boom at a time of surging returns by local utilities.




renewable energy

Green Bonds Sprout as Wall Street Embraces Renewable Energy Debt

Bonds backing clean energy and other sustainable initiatives are booming. Investors are snapping up green bonds at the fastest pace on record, as big banks like Morgan Stanley and Bank of America Corp. pile in with new issuance to feed the growing appetite for socially responsible investments.




renewable energy

Australian Renewable Energy Law Paves Way for $11 Billion in Projects

Long-frustrated wind and solar developers in Australia can now get to work on more than A$14 billion ($11 billion) in projects after a new renewable energy target passed parliament.




renewable energy

Major US Corporations Pledge To Increase Renewable Energy Usage, Decrease Carbon Footprint

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.




renewable energy

Brexit: Insights from Renewable Energy Businesses

Brexit; It’s been the buzz word dominating the media recently and it’s likely to continue for some time. The UK’s decision to leave the EU has left both supporting sides of the ‘leave’ and ‘remain’ campaign in a somewhat collective state of uncertainty as to how this decision will impact the country right now and in the future years.




renewable energy

Latam: Renewable Energy is Looking Good in Latin America

The Energy & Infrastructure team is delighted to launch its third edition of the Renewable Energy is Looking Good in Latin America brochure. Latin American countries represent 4 of the top 20 most attractive renewable energy markets in the world...