Former Banker Will Now Oversee Renewable Energy in India

Indian Prime Minister Narendra Modi appointed a former banker to oversee coal, power and clean-energy reforms in a move aimed at resolving fuel bottlenecks and chronic blackouts hampering economic growth.


UK Green Investment Bank Aims to Spend $1.2 Billion This Year

The U.K. Green Investment Bank aims to boost the capital it commits to carbon-cutting projects to 700 million pounds ($1.2 billion) this year as it chases deals in offshore wind, waste and energy efficiency.


Ohio Ready To Halt Its Renewable Portfolio Standard

Ohio is debating the sharpest break from a three-decade campaign by 29 U.S. states to reduce reliance on fossil fuels by promoting power from renewable sources.


Australia Renewable Target Cuts Would Deter Investment, Say Manufacturers

Vestas Wind Systems A/S said scaling back Australia’s renewable energy target would cut the value of more than A$10 billion ($9.4 billion) in large projects across the industry and discourage international investors.


Obama Bid to Cut Greenhouse Gases Divides Utility, Coal Industries

Bracing for greenhouse-gas rules from the Obama administration, two industries are staking out different positions. Coal companies are pledging to sue. Electric utilities are ready to talk.


Obama May Consider Power Plant Rule That Tests Clean Air Act

The Obama administration is considering cutting greenhouse-gas emissions from power plants by reaching beyond the plants themselves — an unusual approach that could run afoul of anti-pollution laws.


Africa to Quadruple Renewables on ‘Huge Potential,’ Irena Says

Africa’s renewable energy capacity is expected to quadruple to about 120 gigawatts by 2030 if investors dedicate “substantial flows” of funds to the region, the InternationalRenewable Energy Agency said.


UK Awards First Guaranteed Power Price Contracts to Biomass, Offshore Wind Projects

Drax Group Plc, Dong Energy A/S and SSE Plc will get guaranteed power prices for U.K. biomass and offshore wind plants, the first renewable energy projects to benefit from a new aid program.


German Utilities Fight Renewable Energy Shift

Germany’s biggest utilities face dwindling market shares as the shift to renewable energy spurs regional power generation and storage technology, a senior member of Chancellor Angela Merkel’s party said.