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German insurers set to profit from renewables growth
28 October 2010As Germany switches increasingly from fossil fuels to renewable power, the country's insurance sector will see a 240% rise in policy premiums for solar, wind and other renewables over the next decade, according to reinsurance giant Munich Re.
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Hot year ahead for US geothermal
28 October 2010The US geothermal power sector is poised for significant growth in 2011, thanks to the economic stimulus package.
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Impax Asian fund doubles war chest
28 October 2010Impax's Asia-focused environmental equity fund has boosted its coffers by £131 million ($208 million) in a secondary fundraising on the London Stock Exchange.
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NRG invests $300m in 'world's largest' solar thermal facility
28 October 2010NRG Energy is to invest $300 million in building a 392MW solar power plant in California's Mojave Desert, claiming it is the largest of its type ever proposed.
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Sasan 'would have gone ahead anyway' – Ex-Im
28 October 2010India's controversial Sasan coal project would have been developed regardless of backing from the US Export-Import (Ex-Im) Bank, said a spokesman for the export credit agency.
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UPDATE: First Wind pulls IPO
28 October 2010A day after downgrading the price of its initial public offering, Nasdaq hopeful First Wind has shelved its fundraising plans, amid concerns over the company's heavy debt burden.
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SAM founder Ringger launches sustainable bank
28 October 2010Sustainable investment veteran Reto Ringger is setting up bank aimed at private investors.
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Smart grid crucial to renewables revolution – but who will pay?
21 October 2010A modernisation of the electricity network will be essential if Europe's utilities are to switch to renewable power generation at the scale hoped, according to firms and investors in the smart grid space.
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Review of Equator Principles begins
21 October 2010A strategic review of the Equator Principles (EPs) – a set of environmental and social criteria for responsible project finance – started this week.
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Carbon price alone cannot unlock US nuclear ambitions
21 October 2010A federal carbon price would provide a major boost to the US nuclear power industry, but would not solve all its problems, experts said.