Business

Within 10 years, the economies of Central and South Eastern Europe could cover 34% of their rising energy demand cost-effectively with renewables, including hydropower, a new report by the International Renewable Energy Agency (IRENA) finds. The Renewable Energy Roadmap for the Central and South Eastern Europe Energy Connectivity (CESEC) initiative shows that accelerating the take-up...
Jobs and People

The International Finance Corporation (IFC) has released a new report providing recommendations on how to boost gender equality in Nepal’s hydropower sector. The study of 20 companies is part of the Powered by Women Initiative—a time-bound commitment by companies to build the business case for improved gender equality and diversity in renewable energy companies in Nepal....
Jobs and People

Renewable energy continues to bring socioeconomic benefits by creating numerous jobs worldwide, according to figures released by the International Renewable Energy Agency (IRENA). The seventh edition of Renewable Energy and Jobs – Annual Review shows that jobs in the sector reached 11.5 million globally last year. Solar PV led with 3.8 million jobs, followed by...
Finance

Investment funds managed by Squadra Investimentos have increased their participation in São Paulo power generation company CESP, now holding 10.2% of the class B preference shares, according to a CESP release. Squadra is CESP’s second largest shareholder, behind Votorantim Energia Participações, which holds a 40% controlling stake it acquired from the state government during a...
FERC News

The Federal Energy Regulatory Commission (FERC) is seeking power industry comments on potential risks to the U.S. bulk electric system from equipment and services produced in countries considered as threats to national security. FERC announced late last week it was seeking comments on those potential risks. Among the topics sought from industry players include insights...
Environmental

Citing the inexcusable environmental harm caused by irresponsible management of Electron Dam, Pierce County, Washington, Executive Bruce Dammeier has issued a letter imposing a series of mitigation steps the owners must take. Working with the Puyallup Tribe of Indians, Dammeier’s goal is to remove the 12-foot-tall wooden dam from the Puyallup River. The Puyallup River...