Figures from the US Department of Energy indicate that a new milestone was set for the country in April when more electricity was generated via renewable sources than from coal.
According to data released by the US Federal Energy Regulatory Commission (FERC), renewables installed capacity equalled 21.56 per cent of the country’s total generation capacity in April, compared with coal-fired capacity of 21.55 per cent.
The Japanese Government has released a white paper that calls for cuts in costs levied on consumers to further promote power generation from renewable energy sources.
Mitsubishi Hitachi Power Systems (MHPS) and Magnum Development have announced the launch of the Advanced Clean Energy Storage (ACES) project in central Utah, USA.
The Asian Development Bank has approved an umbrella facility of up to $100 million which will provide financing support for renewable power projects in Pacific island countries.
Puerto Rico has enacted a law that requires the progressive elimination of fossil fuels as a source of power generation.
The World Bank and the African Development Bank (AfDB) have announced that they will commit over $47 billion by 2025 to help African countries tackle the effects of climate change.
The European Commission has given approval for German utility RWE to buy E.ON’s renewable and nuclear power generation assets.
One of the biggest funders of energy projects in Australia said that coal-fired power generation projects were unlikely to be developed unless there was taxpayer funding involved, as investment continues to flow to renewables.
GE has announced that it plans to consolidate its renewable and grid assets into a single unit. It said that this will help it tap into the global demand for clean energy generation.