Archive

  • 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.

  • The evolution of the PTC in the US

    30 October 2014

    The US Production Tax Credit for renewables has had a chequered history, more often than not creating uncertainty for the wind and biomass industries. While the rules are gradually being made more clear for investors, some questions remain unanswered, explains Lee J Peterson

  • KfW discloses use of proceeds of first green bond

    30 October 2014

    German development bank KfW has revealed that 75% of the disbursements under its "Renewable Energies – Standard" programme in the year-to-date have been invested in wind energy projects.

  • Trucost to enter green bond market

    30 October 2014

    Environmental data firm Trucost is set to join the growing throng of verifiers servicing the rapidly expanding green bond market.

  • New Jersey 'green bank' opens for business

    30 October 2014

    New Jersey has officially opened its Energy Resilience Bank (ERB) backed by $200 million of public money.

  • EIB provides second €100m loan facility to Ireland's ESB

    30 October 2014

    ESB, Ireland's state-owned electricity supply company, has secured a second €100 million ($126 million) loan facility from the European Investment Bank (EIB) to help it connect wind farms to the national grid.

  • Four US banks veto Australian coal port

    30 October 2014

    Four major US investment banks have ruled out investing in a $26.5 billion coal export project near the Great Barrier Reef, following in the footsteps of five European counterparts.

  • Chinese solar firm Amur Sirius to invest $1bn in Russia

    29 October 2014

    Chinese company Amur Sirius, a subsidiary of Harbin Power Equipment, is to invest 45 billion roubles ($1 billion) in solar projects in Russia, according to the Russian business daily Vedomosti.

  • Atlantis raises £5m from share placing for tidal power projects

    29 October 2014

    Tidal power company Atlantis Resources has raised an additional £5 million ($8 million) in equity capital by placing 12.5 million shares at a price of £0.40 each.

  • UK's Green Investment Bank urged to 'go global', and issue green bonds

    29 October 2014

    The UK's Green Investment Bank (GIB) should extend its reach internationally, according to leading financiers.