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WHEB Asset Management positive on outlook for LED stocks
23 July 2013An asset manager has highlighted a number of stocks it believes are best placed to benefit from the projected rapid growth of energy efficient light emitting diodes.
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Renewables' missing link
18 July 2013The Achilles heel of wind and solar has traditionally been the intermittency that renders production unpredictable. But advances in technology mean energy storage is now ready to help the renewables sector scale up. Andrew Jones explains.
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Green Deal Finance Company to woo institutional investors
18 July 2013The company that provides loans under the UK's Green Deal domestic energy efficiency programme hopes to raise funds from institutional investors in a year, it said today.
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Bullish outlook for energy storage, say analysts
17 July 2013Increasing power generation from wind farms and solar panels coupled, in many countries, with high electricity prices and declining feed-in tariffs, will trigger a five-fold increase in demand for energy storage systems by 2020, analysts predict.
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UK's Green Investment Bank toasts whisky deal
17 July 2013The UK's Green Investment Bank (GIB) contributed to a £1.2 million ($1.8 million) investment that will allow a Scottish whisky distillery to install a biomass boiler.
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Investors demand review into climate change and resource depletion
16 July 2013An alliance of investors has demanded the launch of an inquiry into why the UK Treasury scrapped plans for a review of the impact of resource depletion and climate change on growth prospects.
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Spain deals '€1.35bn' blow to renewables firms
15 July 2013Spain's latest planned subsidy cuts will cost the renewables sector €1.35 billion ($1.8 billion), according to a research note.
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UK commits £1bn to low-carbon vehicle research
15 July 2013The government and the automotive industry in the UK have each agreed to invest £500 million ($755 million) over the next 10 years to develop and commercialise technologies for low-carbon vehicles.
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ABB bets on solar
11 July 2013ABB's recent $1 billion swoop on solar inverter maker Power-One came after several of its rivals exited the volatile sector. ABB's Maxine Ghavi tells Elza Holmstedt Pell why the engineering giant is bucking the trend by expanding its solar business
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EIB should be lender of last resort for offshore wind, claims banker
11 July 2013Commercial banks are increasingly willing to finance offshore wind farms, meaning the European Investment Bank (EIB) should step back and take a less prominent role in lending to projects, a leading banker in the sector has claimed.