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.

We've made great progress with renewable energy — but from an almost zero base we still have a long way to go. Fortunately, the path is clear. California is already over 12 percent with a combination of hydroelectric, wind and solar (unfortunately not much hydro this year). Getting to 50 percent only requires the deployment of existing technology. But can we get to 100 percent?

Join Austrade's webinar to gain insights on the Bangladesh E-commerce market, emerging trends, growth drivers, regulations, route to market and opportunities for partnering with Bangladesh online companies.

COVID-19 is affecting many e-commerce businesses and how consumers shop online. In this difficult time, many brick-and-mortar retailers are watching foot traffic and sales drop to near zero.

Here we are in 2019, with more than 100 U.S. cities and 140 large corporations having established 100 percent clean, carbon-free and/or renewable energy goals. In several states, newly seated governors campaigned on goals of 100 percent renewable energy, and congressional representatives have arrived in Washington positioning for a like-minded national proposal.

Federal energy regulatory commissioner Cheryl LaFleur announced on Twitter on January 31 that she will not be seeking a third term and will be leaving the commission later in 2019. She said in the tweet that this is not the outcome she had hoped for but that she felt very lucky to have served on FERC for more than 8 years. She said she plans to serve out the rest of her term, which is up at the end of June.

According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), natural gas dominated new electrical generating capacity in 2018. However, renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) seem poised to swamp fossil fuels as new generating capacity is added over the next three years.

The California-based utility requested that a federal bankruptcy court prevent FERC from enforcing the conditions of the more than 380 power purchase agreements (PPAs) that the utility may want to exit under its Chapter 11 bankruptcy filing.

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.

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.

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

According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), new solar and wind generating capacity has taken the lead over natural gas and all other energy sources for the first month of 2019.

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.

Idaho Power unveiled a goal Tuesday to provide 100-percent clean energy by 2045 on the heels of an announcement that it will purchase 120-MW of solar energy through a PPA with Jackpot Holdings at a price of less than US $0.022 cents per kWh.

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.

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.

Nevada is joining the growing list of U.S. places that aim to ban fossil fuels from its electricity supply.

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.

As of 2018, the city of Los Angeles boasted close to 350 MW of installed local solar power, according to reports. Its solar capacity increased some 44 percent year over year.

This week in Seattle, Washington, Senate Bill 5116 was signed into law in by Governor Jay Inslee after passing the state legislature earlier this month. This bill cuts out coal power by 2025 and requires an equitable transition to 100 percent clean electricity for the entire state by 2045.

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.

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.

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.

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.

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. 

Perceptions of political uncertainty and community opposition continue to weigh heavily on Mexico’s mining sector.

Cybermerc sell a hardware device that provides SMEs with a cyber security team in a box, linking them in a national intelligence collaboration.

The FDIC is clarifying its policy and supervisory approach related to facilitating payment processing services directly, or indirectly through a third party, for merchant customers engaged in higher-risk activities.

Fred. R. Becker Jr., president and CEO of the National Association of Federal Credit Unions, on Sept. 28, 2011, submitted comments to the Federal Reserve Board's Jennifer Johnson on its interim final rule on the fraud adjustment for debit card interchange fees.

U.K. renewable power generation rose 28 percent last year as more wind farms and solar plants came online, the Department of Energy and Climate Change said.

Clean energy investment rose by 9 percent in the first quarter from a year earlier on surging demand for rooftop solar panels from the U.S. to Japan.

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.

Shinzo Abe’s re-election as prime minister risks undercutting Japan’s commitment to clean energy at a time when incentives are under review and the nation’s utilities say they can’t accommodate capacity already planned.

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

Clean energy investment rose for the first time in three years in 2014, overcoming a slump in oil prices that unsettled the outlook for the industry.

Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.

Japan is considering reducing the incentives for developers of solar power projects by as much as 16 percent to reflect lower operating and maintenance costs.

President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.

Mexico has become the first developing nation to formally promise to cut its global-warming pollution, a potential milestone in efforts to reach a worldwide agreement on tackling climate change.

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.

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