Business

Five global renewables associations have issued a joint statement setting out policy priorities for a green recovery involving accelerated clean energy deployment, says the International Hydropower Association. Under the banner of the International Renewable Energy Alliance (REN Alliance), the associations representing the bioenergy, geothermal, hydropower, solar and wind power industries say a world powered 100%...
Research and Development

The International Energy Agency has unveiled a global COVID-19 recovery plan for the global energy sector which outlines a three-year series of actions designed to revitalize economies, boost employment and make energy systems cleaner and more resilient. At a live-streamed press briefing, IEA executive director Dr Fatih Birol said: “Our numbers show that there has...
Business

The City Council for the city of Danville in Virginia has voted to sell the 10-MW Pinnacles hydroelectric complex to Northbrook Energy for $8.2 million and to purchase the energy, capacity and renewable energy credits from the facility. The sale will require approval from the Federal Energy Regulatory Commission. The Pinnacles complex is located on...
New Development

Growth in renewable power has been impressive over the past five years, however, too little is happening in the heating, cooling and transport sectors. This is according to REN21’s Renewables 2020 Global Status Report, which also states that overall, global energy consumption keeps increasing, “eating up the progress made in renewable generation.” The report points out that...
Business & Finance

The Global Power & Energy Elites is industry’s moment to celebrate those at the forefront of innovation and an opportunity to position your organization amongst inspiring leaders and projects. Now in its sixth year, the annual print publication and digital platform features those leaders and projects setting the benchmarks in their regions and/or globally, giving readers insights into their...
Dam Safety

Michigan’s Department of Attorney General has filed a lawsuit seeking compensation, civil fines and the cleanup and restoration of damages caused by Boyce Hydro’s negligence in the failure of the Edenville and Sanford dams last month. The department filed the suit on behalf of the Department of Environment, Great Lakes, and Energy (EGLE) and Department...
Government and Policy News

Projects in Brazil with environmental and social relevance, including those involving renewable power generation, will be able to issue tax-exempted debentures, after President Jair Bolsonaro signed a decree to this effect. Until now, only renewable plants considered to be priority projects could issue the so-called incentive debentures. According to BNamericas, all small hydro, solar, wind...
Finance

The World Bank has approved a $100 million loan to help the government of Nepal to improve the financial viability and governance within the electricity sector and recovering from the COVID-19 crisis. The loan is the World Bank’s second in a series of three issued through the Development Policy Credit (DPC), which aims to support...
Environmental

U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler has announced a final rule the EPA says “will help accelerate and promote the construction of important energy infrastructure across the United States, while ensuring the nation’s waterways are protected.” The agency’s final rule “increases the transparency and efficiency of the Clean Water Act Section 401 certification...