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IRENA & Central American Countries Join Forces to Integrate Renewables into Regional Power Systems
IRENA yesterday announced one-week series of workshops designed to support the deployment of renewable energy in Central America will conclude tomorrow in Panama City. Led by the International Renewable Energy Agency (IRENA),...
Fine South African Wine Goes Green with Schneider Electric Solar Solutions
Three wine estates have recently blended vintage with innovation by taking advantage of the South African climate to enhance their power requirements. De Grendel dairy and wine farm in the Durbanville Wine...
GGF Partners with AFK to Support Green Financing in Kosovo
The Green for Growth Fund (GGF) announced a EUR 1 million senior loan to Agency for Finance in Kosovo (AFK) in a deal that further expands and diversifies the fund’s geographic and...
NEB Report Illustrates Canadian Renewable Power Landscape
In mid-October, the National Energy Board released a report, titled “Canada’s Renewable Power Landscape: Energy Market Analysis 2016,” noting Canada generates almost two-thirds of its electricity from renewable resources. Hydro is the...
Encouraging Results from ABB’s Hybrid Renewable Microgrids
Low-carbon microgrids have assumed a place in the strategic agendas of some of the world's largest power and industrial engineering corporations. That includes Swedish-Swiss ABB, whose roots in the now fast moving...
Electric Cars Pose ‘Resoundingly Negative’ Threat to Oil Companies: Analyst Fitch
So far, though, the oil industry hasn't seemed to give plug-in electric cars much attention. ExxonMobil and OPEC have both predicted that, even by 2040, electric cars will make up less than...
Gas: Use EU Storage Capacity Efficiently and Forge Trade Partnerships, Urge MEPs
The EU strategy for liquefied natural gas (LNG) must make energy supplies more secure, cut carbon emissions and deliver affordable prices say MEPs in a resolution voted on Tuesday. Parliament calls on...
UN Environment Finance Initiative’s Global Roundtable Kicks off in Dubai
H.E. Dr. Thani Ahmed Al Zeyoudi, Minister of Climate Change and Environment, inaugurated the UN Environment Program Finance Initiative’s 14th Global Roundtable event, hosted by the United Arab Emirates, represented by the...
World Bank Approves $1.8 Million Grant to Boost Chilean Geothermal Market
The World Bank Board has approved a US$1.8 million Clean Technology Fund grant to strengthen the Chilean Ministry of Energy’s capacity to further develop the country’s geothermal sector and improve its energy...
New Ways to Finance Cities
The international community has ended the global housing conference in Quito with the ratification of common guidelines for sustainable urban development in the form of the "New Urban Agenda." KfW attended many...
Oil Prices Drop as Concerns over Global Fuel Glut Re-emerge
Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut...
Renewables Overtake Coal as World’s Largest Source of Electricity Capacity
According to the International Energy Agency (IEA), total clean power capacity increased by 153 gigawatts, overtaking coal for the first time.
"We are witnessing a transformation of global power markets led by renewables...
Nepal, Bangladesh Agree to Build More Than 1,600 MW of Pumped-Storage Hydropower
The governments of Nepal and Bangladesh have signed an agreement to build two pumped-storage hydropower plants with a total capacity of more than 1,600 MW in Nepal, according to the Kathmandu Post.
The...
More Northeast Natural Gas Pipeline Capacity Brings Questions
Led by the surge in Appalachia’s Marcellus and Utica plays, U.S. natural gas production has increased over 50% since 2005 and related infrastructure to move the gas has become short. This is...
World Bank Ups Its 2017 Oil Price Forecast To $55
The World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That’s US$2 more than its...
Singapore Becomes IEA Association Country
The International Energy Agency (IEA) has welcomed Singapore as an IEA Association Country, deepening the partnership between both sides for a more sustainable and secure energy future. The announcement was made jointly...
