The European Investment Bank (EIB) has announced that it will provide €150 million credit to boost Brazil’s portfolio of renewable energy.
The Philippines’ Department of Energy (DOE) has announced that it intends to fast-track implementation of two renewable energy policies, following President Duterte’s directive to reduce the country’s dependence on coal.
The German energy industry association BDEW said that Germany’s greenhouse gas emissions from power generation decreased 15 per cent in the first half of 2019 compared to the same period last year.
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.