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First Solar founder launches $300m VC fund
21 July 2011The founder of US solar developer First Solar has announced plans to raise a $300 million venture capital fund which will target companies in the energy, water, agriculture and waste sectors.
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Cloud computing could save US firms $12.3bn
21 July 2011Cloud computing could save large US companies $12.3 billion and reduce carbon emissions by the equivalent of 200 million barrels of oil every year, according to a study by analysis firm Verdantix for the Carbon Disclosure Project (CDP).
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EPA emissions rule 'a game changer' for US gas, coal, power markets – analysts
20 July 2011New rules on sulphur dioxide (SO2) and nitrogen oxide (NOx) emissions from US power plants are set to drive a substantial shift from coal to natural gas, shutting down coal plants and having a "significant impact" on US power, gas and coal markets from next year, according to research from Bank of America-Merrill Lynch (BoAML).
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David Miliband to advise Silicon Valley clean-tech investor
20 July 2011Former UK foreign secretary David Miliband has been hired as a senior adviser by clean-tech investor VantagePoint Capital Partners.
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Lawmakers seek to rescue US energy efficiency retrofit bonds
19 July 2011A bill to rescue municipal bond programmes for energy efficiency retrofits stands a good chance in the US Congress because it protects federal mortgage lenders, according to its supporters.
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Biofuels firm targets $100m IPO
19 July 2011A US biodiesel producer is hoping to tap the public markets for $100 million, following the success of other recent biofuel offerings.
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KKR, Munich Re take 49% stake in Spanish solar firm
19 July 2011Private equity giant Kohlberg Kravis Roberts & Co (KKR) and reinsurer Munich Re will acquire a combined 49% stake in Spanish solar developer Grupo T-Solar, reflecting increasing investor appetite for renewables.
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Big pharma's biodiversity issue
19 July 2011The reliance of the pharmaceutical industry on natural resources may be greater than it or investors are aware of, say Charlotte Linnebank and Annelisa Grigg
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Denmark, AfDB set up sustainable energy fund
19 July 2011Denmark and the African Development Bank (AfDB) are to set up a DKK300 million ($57 million) fund to help African small and medium enterprises (SMEs) access sustainable energy.
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Equator banks to update project finance standards by March 2012
19 July 2011A new version of the voluntary Equator Principles, which set environmental and social standards for project finance, is to be published in March 2012.