Serbia seeks to unblock investment in renewable energy after adopting legislation that opens gas and power markets in line with European Union guidelines.

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.

One or two new runners for the units at the 355-MW Brazeau Power Station in Alberta, Canada, would allow owner TransAlta Corp. to better optimize revenue and provide valuable ancillary services. Modeling of the various upgrade options allowed the utility to arrive at the most valuable solution.

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

News related to the marine hydrokinetics industry in North America for December 2014

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

Research reports and study findings related to hydropower

Visitor centers at large hydro projects in the U.S. nearly became an endangered species after 9/11. Fears about additional attacks on critical infrastructure led to restricting public access to many hydro projects, putting visitor centers in jeopardy.

GDF Suez SA plans to double renewable power production capacity in Europe over the next decade as the utility shifts its focus away from developing more historic natural gas and nuclear energy sources in the region.

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

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

California’s bet on green energy is paying off, with clean technology companies creating more jobs and investing more money than competitors in any other state.

Enel SpA is putting the final touches on a yieldco that would hold its U.S. renewable energy assets, making it the latest power-plant owner to opt for a structure that frees up capital.

India said cheaper credit along with foreign investment will help the world’s third-largest polluter fund an ambitious renewable energy program that would build green power plants faster than China.

New power-generating units at Kenya’s Olkaria I plant are saving East Africa’s biggest economy about 2.2 billion shillings ($24 million) a month on fuel costs, according to the country’s biggest electricity producer.

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.

Sweden and Norway agreed to boost their target for renewable energy production amid concerns the additional capacity will exacerbate a power glut and strain the region’s electricity grid.

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.

U.K. electricity from low-carbon sources accounted for almost a quarter of the country’s generation in the fourth quarter as Drax Group Plc converted a second coal-power plant to burn wood.

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.

Investors have spent more than $2 trillion on clean-energy plants in the past decade and last year added more renewable capacity than ever before.

Jim Keffer is Republican state lawmaker in Texas with a permit to carry a concealed weapon and doubts about whether human activity is causing global warming.

Yale University police cited 19 students after they staged a sit-in outside President Peter Salovey’s office to push for divestment from fossil-fuel companies.

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.

Political deadlock over Australia’s clean energy future is prompting companies such as Vestas Wind Systems A/S and Acciona SA to increasingly turn to rival markets for growth.

Brazil will increase the use of renewable energy, target zero net deforestation and push for low-carbon agriculture as part of its climate proposal, Environment Minister Izabella Teixeira said in an interview.

A $2 trillion push in the U.S. to blend renewable energy into the power supply and fortify transmission lines against extreme weather means that Americans must act more like Europeans to keep their power costs down.

Japan anticipates that by 2030 clean energy such as solar and hydro will generate slightly more of the nation’s electricity than nuclear power plants.

Scientists and economists including BP Plc’s former chief executive officer, John Browne, are inviting governments to join a $150 billion program that aims to make clean energy cheaper than coal.

Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.

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.

The European Commission raised concern that the U.K. and France may not meet their 2020 renewable energy targets, saying the two countries should examine whether they’re doing enough to reach the goals.

Uruguay hopes to generate as much as 38 percent of its power from wind by the end of 2017, up from about 13 percent now, cementing Uruguay’s position as South America’s top wind-energy user, according to Gonzalo Casaravilla, chairman of the state- owned electric utility UTE.

RWE AG, the German utility whose coal-fired plants make it Europe’s largest carbon emitter, officially started the company’s largest renewables project on Thursday: a wind farm in Liverpool Bay off Britain’s coast.

Renewable energy will draw almost two-thirds of the spending on new power plants over the next 25 years, dwarfing spending on fossil fuels, as plunging costs make solar the first choice for consumers and the poorest nations.

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.

Stocks of clean-energy companies are proving to be better investments than those of companies that produce most of the Western Hemisphere's power, and are outperforming the rest of the stock market as well.

The evidence is found in the New York Stock Exchange Bloomberg Americas Clean Energy Index. Its 141 companies, all based in North and South America, returned 32.62 percent in the past two years. In contrast, the 40 conventional-energy companies in the Standard and Poor's 500 Energy Index returned 1.02 percent over the same period, according to data compiled by Bloomberg.

Clean energy also is beating the rest of the stock market. The Clean Energy Index is up 6.02 percent so far this year. Lagging behind are both the S&P 500 and the Russell 3000 Index, which gained 3.12 percent and 3.86 percent respectively in 2015.

Publicly, the United Nations climate-change talks look mired in disputes over everything from money to the length of the proposed agreement.

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.

Endesa Chile has unveiled a plan to develop 36 projects, amounting to 6300 MW of power in Brazil, Chile, Peru and Colombia. The board of directors are looking at hydroelectric power in particular for the bulk of the new capacity.

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

HydroEvent.com, the one-stop location for all things related to the world’s largest hydro event, is up and running for HydroVision International 2016. The conference and events are scheduled for July 26-29 in Minneapolis, Minn. at the Minneapolis Convention Center. 

JSW Energy Ltd., based in Mumbai, India, is refinancing about US$1.1 billion via a 5:25 financial structure for its hydropower-related debt following the purchase of two hydroelectric projects in November 2014 from Jaiprakash Power Ventures Ltd.  

JSW Energy Ltd., based in Mumbai, India, is refinancing about US$1.1 billion via a 5:25 financial structure for its hydropower-related debt following the purchase of two hydroelectric projects in November 2014 from Jaiprakash Power Ventures Ltd.  

A recent announcement published by Bulawayo 24 indicates several hydro projects are moving forward in Zambia.

Venezuela's government is taking measures to inspect the infrastructure of the country’s main hydroelectric-related civil structure as rising temperatures, reduced precipitation and increased energy demand affect water levels at the 4,000-square-mile Guri Reservoir.  

Lignum Vitae North America LLC will donate bearings to any of the 20 teams advancing to the next phase in the Wave Energy Prize Challenge sponsored by the U.S. Department of Energy’s Water Power Program.  

A meeting of Group of Twenty energy ministers in Istanbul earlier this month affirmed a collective belief in renewable energy -- including hydroelectric power -- amongst the major economies that constitute the international forum.

Hearings on a pair of bills held by the U.S. Senate Energy and Natural Resources Committee this week could potentially lead to an expansion of hydroelectric power in Alaska.

Japan, the third-largest global bond player, is now becoming involved in using green bonds to have an affect on renewable energy that will likely include hydroelectric projects.