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EU Raises Concern That UK, France Won't Meet Renewables Goal

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.




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German Utility's Race for Renewables Seen as Too Little, Too Late

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.




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The Way Humans Get Electricity Is About to Change Forever

Trillions of dollars will be invested in renewable energy over the next 25 years, driving some of the most profound changes yet in how humans get their electricity. That's according to a new forecast by Bloomberg New Energy Finance that plots out global power markets to 2040. 




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Australian Renewable Energy Law Paves Way for $11 Billion in Projects

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.




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Clean Energy Companies Beat the Stock Market

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.




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Germany Gives Dirtiest Coal Plants Six Years for Phase Out

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.




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Cost estimates for 1,200-MW Punatsangchhu-1 hydroelectric project reach US$1.74 billion

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.




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Endesa Chile outlines Latin American hydropower ambitions

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.




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ORPC Ireland receives funding for marine hydrokinetic feasibility study

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. 




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Proposed changes to U.K.'s FiT program met with backlash from small hydro sector

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.




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Rwanda leases 22 small hydroelectric plants to private consortium

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. 




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JSW Energy refinances US$1.1 billion in hydroelectric project debt

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.  




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JSW Energy refinances US$1.1 billion in hydroelectric project debt

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.  




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Potsdam hydroelectric project has rehabilitation and new construction goals

According to the Federal Register, potential power is presently unutilized at the 800-kW East powerhouse and proposed 700-kW West powerhouse for the Potsdam hydroelectric project on the Raquette River in Lancaster County, New York. The proposed West powerhouse received a Federal Energy Regulatory Commission exemption from licensing in 1981.  




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Announcements to move forward development of several hydro projects in Zambia

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




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Sen. Murkowski introduces pair of Alaskan hydroelectric power bills

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.




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Tibet’s 510-MW Zangmu, world’s highest elevation hydroelectric facility, is online

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.




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E.C. approves transfer of funding from Kyle Rhea tidal turbine array to Atlantis' 398-MW MeyGen

The European Commission's Climate Change Committee has approved a transfer of US$19.3 million in funding for tidal energy developer Atlantis Resources from the Kyle Rhea project to its 398-MW MeyGen project.




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PowerChina, Argentina sign financing deal for 75-MW El Tambolar hydropower plant

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.




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Chilean council rejects claims against proposed 210-MW Mediterraneo hydropower project

The Chilean government's Council of Ministers rejected 27 claims filed by indigenous communities opposing the construction of the 210-MW Mediterraneo hydropower project, at least temporarily allowing development of the controversial plant to continue.




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Aquila Capital to become “the largest operator of small-scale hydropower plants in Europe”

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.  




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Incidents continue at Brazil’s Petrobras, with chairman’s resignation

Murilo Ferreira, chairman of Brazil-based energy conglomerate Petrobras (Petroleo Brasileiro SA), has stepped down effective Nov. 30.




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US$1.6 billion Northern Pass transmission line will deliver Canadian hydropower to the U.S.

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].
 




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Atlantis Resources' MeyGen tidal energy site on track for grid connection in 2016

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.




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Laminaria set to test MHK device in Scotland

The European Marine Energy Centre (EMEC) has signed Flemish wave energy developer Laminaria to test its marine hydrokinetic (MHK) energy device at EMEC’s grid-connected wave test site at Billia Croo, off the west coast of Orkney, Scotland.
 




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Turbine tests begin at Brazil's 11.2-GW Belo Monte hydropower plant

Test operations are under way at Norte Energia's 11.2-GW Belo Monte hydropower plant, developer Norte Energia said in a statement.




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Earthquake in Malaysia near 165-MW Sultan Mahmud hydroelectric facility

Published reports indicate the 165-MW Sultan Mahmud hydroelectric facility located on the Kenyir River in the interior district of Hulu Terengganu, Malaysia, suffered no damage after a 2.7 magnitude earthquake was recorded 10 km below the surface of its catchment, Kenyir Lake, at 9:25 p.m. local time on Feb. 23.  




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EMEC announces flurry of activity at Scottish marine energy site

Capping a busy February for the European Marine Energy Centre is an announcement that tidal turbine manufacturer Tocardo has signed a 20-year deal for testing at EMEC's array in Orkney.




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How Crowdfunding is Going to Save the Planet

Clean, renewable energy is the single most needed technology by the millennial generation. Not only is it the key to slowing global warming and climate change, but it also solves a host of other problems, such as respiratory diseases and national security.




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US$100 Billion NDB is an Additional Funding Source for Hydroelectric Energy

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.
 




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Equitix backs tidal energy developer Atlantis with significant investment

Tidal energy developer Atlantis Resources Ltd. has entered into a partnership agreement with infrastructure developer, investor and fund manager Equitix worth at least US$714 million.




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Papua New Guinea First to Finalize Climate Plan Under Paris Agreement

Papua New Guinea recently became the first country to formally submit the final version of its national climate action plan (called a “Nationally Determined Contribution,” or NDC) under the Paris Agreement. The small Pacific nation’s plan to transition to 100 percent renewable energy by 2030 is no longer just an “intended” nationally determined contribution (INDC) — it is now the country’s official climate plan.




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Aquatera strengthens marine energy ties in Japan

Scotland-based power and environmental consultant Aquatera Ltd. Has entered into a partnership with the Nagasaki Marine Industry Cluster Promotion Association in an effort to help Japan bolster its marine energy sector through international collaboration.




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Tidal array scheduled for deployment off the Isle of Wight in England

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.




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NHA announces 2016 Outstanding Stewards of America's Waters Award winners

Five companies were recognized this week by the National Hydropower Association during its annual Waterpower Week in Washington conference for work in hydroelectric power that exemplifies "extraordinary recreational, historical, environmental or educational value."




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eStorage Project report quantifies 2,291 GWh of new pumped hydro possible in Europe

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.




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What’s Next? EU, US and Colombia Show They’re Moving Forward with the Paris Agreement

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




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Report says hydropower can provide India sustainable energy security

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.
 




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EEP awards contract to build 2,200-MW Koysha hydroelectric plant

Italian construction and civil engineering firm Salini Impregilo has been awarded a US$2.8 billion contract to build the 2,200-MW Koysha hydropower plant in Ethiopia.




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Dedication ceremony held for 105-MW Meldahl hydroelectric plant in Kentucky

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




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CHA launches online hydropower map during annual forum in Ottawa

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.
 




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Raising Our Game in Clean Energy Innovation

Recently I traveled to San Francisco to participate in international efforts to meet the challenge of climate change and accelerate the global transition to clean energy. The main event was the Seventh Clean Energy Ministerial (CEM7), a meeting of 23 countries and the European Commission.




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Gilkes begins construction of three small hydroelectric plants in Scotland

Hydroelectric power developer Gilkes Energy has begun construction on a trio of small hydro projects, all of which are to be located on the Attadale Estate near Loch Carron, Scotland.




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CC&L adds financing for B.C.'s 12-MW Hunter Creek small hydro plant

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




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Memorandum calls for $1.2 billion in hydropower plant repairs in Corps' Nashville District

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.




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BC Hydro, McLeod Lake Indian Band reach agreement on 1,100-MW Site C hydroelectric project

Canadian utility BC Hydro and the McLeod Lake Indian Band have forged an agreement that will give the aboriginal group "economic development opportunities and other benefits" related to the construction and operation of the Site C hydroelectric project.




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EDF, World Bank help fund 420-MW Nachtigal hydropower plant in Cameroon

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.




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Where Now on Climate Change for the UK?

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.




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Phase two of rehabilitation and upgrade beginning at 40-MW Matala hydropower project in Angola

On July 18, Empresa Publica de Producao de Electricidade (PRODEL) Project Manager, Celso Pontes, announced phase one at the 40-MW Matala hydroelectric project is complete and the detailed design of the second phase is now being prepared.
 




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"We did it." U.S. Department of Energy unveils Hydropower Vision plan

The U.S. Department of Energy released the long-awaited Hydropower Vision report -- alongside $9.8 million in funding for hydroelectric power -- earlier today at HydroVision International 2016 in Minneapolis.