IEEFA In the News

China’s contributions to global climate finance well recognized

September 21st, 2018

People’s Daily Online: China plays an indispensable role in promoting global climate finance, said participants at a forum of the Global Climate Action Summit 2018 held recently, the official Weibo account of China News Agency reported. The summit was co-hosted by China’s Ministry of Ecology and Environment, the government of California, the International Finance Forum, […]

September 21, 2018 Read More →

Las empresas que llevaron a Puerto Rico a su deuda tienen capacidad para compensar al País’

September 20th, 2018

Kaosenlared.net (Colombia): En su atención más reciente a la situación económica de Puerto Rico, el Instituto para el Análisis Económico y Financiero de la Energía (IEEFA, siglas en inglés) plantea sobre el informe encomendado por la Junta de Control Fiscal (JCF) a la firma Kobre & Kim acerca de la deuda de Puerto Rico, que […]

September 20, 2018 Read More →

‘Other industrial behemoth will follow’ as Japanese developer signals exit from coal

September 20th, 2018

Energy Mix: The decision this week by Tokyo-based industrial conglomerate Marubeni to step away from any future role in developing coal-fired power plants is a signature moment that almost certainly signals that “other industrial behemoths will follow,” according to an assessment by the Institute for Energy Economics and Financial Analysis (IEEFA). Marubeni, until now one […]

September 20, 2018 Read More →

Trump tweet jeopardizes bipartisan Puerto Rico bill

September 17th, 2018

Roll Call: President Donald Trump’s comments defending his administration’s response to the hurricane that hit Puerto Rico last year may have stymied chances for a bipartisan bill to reduce politicization and patronage at the territory’s publicly-owned electric utility, which some see as a key impediment slowing modernization of the island’s grid. House Natural Resources Chairman […]

September 17, 2018 Read More →

Coal in the Philippines—Are banks risking US$21 billion on stranded assets?

September 17th, 2018

Eco-Business: Banks in the Philippines continue to finance coal-fired plants despite the looming risk that the plants will not be able to pay back loans for their construction. Even though President Rodrigo Duterte signed the Paris Climate Accord last year, there has been a coal boom in the country, with 10,423 megawatts (MW) of largely […]

September 17, 2018 Read More →

Report: Marubeni moving away from coal industry

September 17th, 2018

Renew Economy: Japanese energy giant Marubeni Corp has revealed plans to halve its ownership of coal-fired power plants by 2030, and withdraw completely from the coal plant building business, in what industry watchers are describing as the latest and strongest confirmation of a global transition to renewables. The sudden strategic pivot by Marubeni – renowned […]

September 17, 2018 Read More →

Polish utility ‘should accelerate move into renewables’

September 12th, 2018

Offshore Wind Journal: Poland’s biggest utility, PGE, should accelerate its plans to diversify away from coal and into renewable energy such as offshore wind, a leading think tank says Analysis by experts at the Institute for Energy Economics and Financial Analysis (IEEFA) suggests that plans to get involved in renewable energy that have been deferred […]

September 12, 2018 Read More →

China reinforces renewable energy commitment with significant European wind investments

September 12th, 2018

Lexology: China has traditionally focused more on developing coal and hydroelectric power, which provide relatively constant output, instead of wind and solar, which depend on whether conditions. However, recently, government-owned power producers have begun making significant investments in large wind projects in Europe, indicating a potential shift in the breadth of China’s commitment to an […]

September 12, 2018 Read More →

Maharashtra utility issues EOI for 10MW of agrophotovoltaics

September 12th, 2018

PV Tech: Maharashtra State Power Generation Company (Mahagenco) has called for an expression of interest (EoI) for setting up 10MW of agricultural solar PV, involving the creation of green house and poly house sheds. Meanwhile, a switch from conventional irrigation-pump systems to solar-powered ones in India would save enormous sums of money and generate income […]

September 12, 2018 Read More →

FirstEnergy tries again to push Pleasants coal plant off its books

September 7th, 2018

Energy News Network: FirstEnergy wants to transfer a West Virginia coal plant into its bankrupt subsidiary’s portfolio, but the justification for the move is in doubt as the company seeks other coal plant closures. On August 26, FirstEnergy Solutions’ Chief Restructuring Officer Charles Moore told the bankruptcy court in Ohio that “another coal-fired power station […]

September 7, 2018 Read More →