Stanford, Oxford and Georgetown universities have won praise for promising to purge their endowments of direct investments in coal, embracing the fight against climate change.

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.

German Economy Minister Sigmar Gabriel said 13 percent of power stations burning lignite, a cheap form of coal, would be phased out by 2021 under a program to cut power industry pollution. The government abandoned talks on proposals to impose a climate-change fee that the industry said would have forced mines and plants to close, threatening jobs.

India's Union Cabinet has approved cost revisions for its intergovernmental agreement with the Royal Government of Bhutan to implement the 1,200-MW Punatsangchhu-1 hydroelectric project on Bhutan's Punatsangchhu River.

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.

Q2 of 2015 saw a large increase in the generation of electricity from solar PV in the UK, with the growth having a significant impact on electricity market prices and other supply factors.

Tidal power is set for growth in both the near and medium terms, according to new analysis.

Engineering firm Lahmeyer International GmbH and sub-consultant Manitoba Hydro International have been awarded a contract by Tanahu Hydropower Ltd. to provide a number of services associated with the development of the 140-MW Tanahu pumped-storage project in Nepal.

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. 

The Sustainable Energy Authority of Ireland (SEAI) is funding the Ireland division of U.S.-based Ocean Renewable Power Co. (ORPC) to identify feasible tidal energy sites in the coastal waters of County Donegal. 

Changes to the United Kingdom's Feed-In Tariff program could have a negative impact on a number of generation sectors -- including small hydroelectric power -- according to a number of industry groups.

On Aug. 27, Rwanda’s Ministry of Infrastructure government announced it has leased 22 small hydropower projects located in the northern and western provinces to private investors to spur the country’s hydroelectric energy program. According to energy experts at the ministry, the plants would add about 24.6 MW of hydroelectric energy to the national grid. 

According to the Fish Passage Center website, adult fall chinook counted at Bonneville Dam were 212,618 as of Sept. 3, the second highest on record since counting began in 1938.

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

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.  

At more than 10,800 ft above sea level, the 510-MW Zangmu Hydropower Station -- the largest in Tibet and one of the highest elevation hydroelectric facilities in the world -- is fully operational. Constructed at a cost of US$1.5 billion, the facility is located in Gyaca County, Shannan Prefecture on the Yarlung Zangbo River (Brahmaputra River), that flows through Tibet downstream into India and Bangladesh.

Knight Construction & Supply Co. has won a $3.7 million contract from the U.S. Army Corps of Engineers to rehabilitate spillway gates at the Blue River Dam in Oregon.

The International Hydropower Association has been re-elected to the steering committee of the Renewable Energy Policy Network for the 21^st Century (REN21).

Schottel Hydro subsidiary, Black Rock Tidal Power (BRTP), has raised C$15 million (US$11.5 million) for investment in its 2.5-MW TRITON floating marine hydrokinetic energy platform.  

The government of Argentinian province San Juan signed an agreement with PowerChina earlier this week for financing of the 75-MW El Tambolar hydropower project.

On Nov. 11, Germany-based Aquila Capital announced it has signed an agreement with four Norwegian utility companies -- Statkraft AS, Agder Energi, BKK and Skagerak Energi -- to acquire all shares of Smakraft AS, Norway's largest small-hydro company.  

During the Ocean Energy Europe 2015 conference held in Dublin, Ireland, in late October, about 500 high-level delegates, which included European Union and Member States business leaders and energy ministers, were presented a draft of the “strategic roadmap” for developing the European marine hydrokinetics (MHK) energy sector.
 

Offshore Renewable Energy (ORE) Catapult and consultancy firm Frazer-Nash, both based in the UK, will perform a live demonstration of their marine hydrokinetics (MHK) energy project risk assessment tool during the International Tidal Energy Summit pre-conference risk and reliability workshop in London on Nov. 23.
 

As the Zambezi River Authority (ZRA) of Zambia and Zimbabwe seeks to secure funding for the 2,400-MW Batoka Gorge hydroelectric facility, the region is experiencing rolling blackouts based on reduced inflow to existing hydroelectric generating facilities. 

The US$1.6 billion Northern Pass transmission line that could tap into 1,096 MW from Canada’s largest hydropower producer, HydroQuebec, was approved Dec. 7, by a 6-0 vote of New Hampshire’s Site Evaluation Committee [SEC].
 

Tidal energy developer Atlantis Resources remains on track to deliver power to the Scottish power grid from the MeyGen site in the coming year, according to an end-of-year statement issued by the company earlier this week.

Congress today announced details of a year-end tax deal that could provide a two-year extension on provisions for hydroelectric and marine hydrokinetic resources.

Security researcher Brian Wallace was on the trail of hackers who had snatched a California university's housing files when he stumbled into a larger nightmare: Cyberattackers had opened a pathway into the networks running the United States power grid.
 

A significant step to develop the first megawatt from the marine hydrokinetic (MHK) Sotenas Wave Energy Plant off of Sweden’s west coast took place earlier this month when a 120-ton subsea generator switchgear was deployed and connected to the Swedish national power grid via a 10-km-long subsea cable.
 

The New Development Bank (NDB), which has an authorized capital of US$100 billion, could provide additional opportunities to fund development of new hydroelectric projects.
 

More than a year after Prime Minister David Cameron publicly announced support for the Perpetuus Tidal Energy Center (PTEC), Great Britain’s Marine Management Organization (MMO) issued a license on April 20 to Royal HaskoningDHV to deploy and operate a proposed 30-MW tidal array at the center, located off the Isle of Wight.

Development-ready sites, with existing reservoirs for new pumped hydro energy storage plants, offer generation potential of 2,291 GWh, according to a newly released report from the eStorage Project.

The U.S. District Court for the District of Oregon ruled on May 4 that the 2014 Columbia Basin salmon biological opinion violates the Endangered Species Act and National Environmental Policy Act, and declared it invalid.

Less than two weeks after 175 nations signed the pivotal Paris Agreement on climate change, a question lingers: What happens now?

A report released this month by PricewaterhouseCoopers (PwC) indicates hydropower development in India can play a crucial role in the country’s sustainable energy security if sites for new installed capacity -- among other things -- are accessible, stable and affordable.
 

American Municipal Power and the city of Hamilton held a dedication ceremony for the 105-MW Meldahl hydroelectric plant on June 2.

On June 8, during its annual forum held in Ottawa, Ontario, Canada, the Canadian Hydropower Association announced the availability of an online map that depicts the country’s hydropower resources. Developed in coordination with the Royal Canadian Geographical Society (RCGS), CHA said the map is a tool to explore the story of Canadian hydropower development and learn about one of Canada’s greatest resources.
 

Hydroelectric power developer Snowdonia Pumped Hydro has withdrawn its application for environmental permits for the 99.9-MW Glyn Rhonwy pumped-storage plant from Natural Resources Wales.

Infrastructure investment firm Connor, Clark & Lunn has announced it will help finance the 12-MW Hunter Creek hydroelectric project near Hope, British Columbia.

The U.S. Army Corps of Engineers has signed a memorandum agreement with the Southeastern Power Administration, Tennessee Valley Authority and Tennessee Valley Public Power Association, Inc., to perform a variety of work at Corps hydropower projects.

Electricite de France (EDF) and the World Bank are joining with the government of Cameroon to fund the €$1.2 billion (US$1.3 billion), 420-MW Nachtigal hydropower plant.

Bolivia’s President Evo Morales has approved a supreme decree to carry out final design studies for the 3,251-MW El Chepete and 425-MW El Bala hydro projects in La Paz department.

It was a gamble that went spectacularly wrong for Tory Prime Minister David Cameron: Allow the UK to decide through a national referendum on their future participation in the EU and hope that they choose to remain.

Brazil's Institute of the Environment and Natural Resources, Ibama, has decided not to award an environmental license for the Sao Luiz do Tapajos hydroelectric plant, effectively ending development of the controversial 8,000 MW project.

Brazil's Institute of the Environment and Natural Resources, Ibama, has decided not to award an environmental license for the Sao Luiz do Tapajos hydroelectric plant, effectively ending development of the controversial 8,000 MW project.

According to a presidential order issued Aug. 12 by the Myanmar government, a commission will form to examine the 6,000-MW Myitsone hydropower project proposed for Kachin, Mynamar. Locally published reports indicate when complete, Yunnan China would receive much of the energy from the facility under the project’s original agreement.
 

The G20 meeting in Hangzhou, China, this September brings together leaders of the world’s largest economies for the first such gathering since the 2015 Paris Agreement on climate. G20 Leaders Summits traditionally focus on economic growth and financial stability, but since more than 190 countries collectively agreed to greatly enhance mitigation of the causes and impacts of climate change, the need to tackle a changing climate and foster clean energy has become a clear economic and business reality.

RWE Innogy UK Ltd. is awaiting a decision by the end of August or in early September on its resubmitted planning application for the run-of-river US$17 million, 5 MW hydroelectric project located across Conwy Falls and Fairy Glen near Betws-y-Coed, the principal village of Snowdonia National Park, in northwest Wales, UK.  

Brazilian power regulator Agencia Nacional de Eneria Eletricqa (Aneel) has set wholesale cap prices for an upcoming power auction that includes more than 130 small hydroelectric plants.

As the water levels in dams in South Africa continue to dwindle, the 2015 Zimbabwe Humanitarian Situation Report notes that water levels in all of Zimbabwe’s seven catchment areas are about 18%, their worst levels in decades.