Archive

  • Solar fried in CfD auction

    26 February 2015

    Solar energy construction in the UK is set to be decimated after the technology failed to compete with wind power in a £325 million ($503 million) auction under the government's new subsidy system.

  • The EIB uses credit enhancement facility in offshore wind loan

    13 February 2015

    The European Investment Bank has agreed a £51 million ($78 million) loan for the world's second largest offshore wind project, using its Project Bond Credit Enhancement Facility.

  • Vattenfall mulls German coal sell-off after SEK23bn write-down

    31 October 2014

    Vattenfall is considering selling its German lignite coal business after the utility took a SEK23.1 billion ($3.1 billion) write-down as its fossil fuel business struggled in a "difficult" European market.

  • Vattenfall and Stadtwerke Munchen invest €1.2bn in offshore wind project

    11 August 2014

    Swedish utility Vattenfall and Germany's Stadtwerke Munchen are to jointly invest about SEK11 billion (€1.2 billion) in a second 288MW wind farm in the North Sea.

  • People moves

    04 November 2013

    The latest people moves in the environmental markets, covering companies including the World Bank, Aberdeen Asset Management, Principles for Responsible Investment, Sindicatum, E.On, PwC and more

  • Vattenfall joins calls for 'EU carbon central bank'

    23 October 2013

    The head of one of Europe's largest utilities has joined calls to set up a body regulating the supply of allowances in the continent's beleaguered emissions trading system.

  • Number of operational CCS projects up 50%, but total pipeline shrinks

    10 October 2013

    The number of operational carbon capture and storage (CCS) projects has risen by 50% in the past year, but the overall pipeline has taken a hit after 12 projects were cancelled or put on hold, according to a report.

  • Stern backs new climate change economics study ahead of Paris 2015

    24 September 2013

    Businesses and government leaders have launched a project to analyse impacts of climate change on the economy, backed by leading economist Nicholas Stern.

  • North Sea storage site boosts CCS hopes

    05 August 2013

    The UK's bid to build its first carbon capture and storage project was boosted today by claims that a site capable of holding 200 million tonnes of the greenhouse gas has been discovered in the North Sea.