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Ex-Im urged to end "fossil fuel binge", support renewables
12 August 2010NGOs have accused the US Export-Import (Ex-Im) Bank of "systematic bias towards financing fossil fuel projects", as the export credit agency prepares to consider backing two giant coal-fired power plants.
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Chinese clean-tech stocks on the rise, says Ambrian
12 August 2010Clean-tech investors should be shifting their allocation of wind and solar companies towards Chinese firms, as growing domestic demand risks marginalising their European peers, according to investment firm Ambrian.
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Subsidy concerns, competition depress renewables shares
12 August 2010Uncertainty about state subsidies for renewable energy in Europe is weighing heavily on share prices of wind energy and solar companies, despite strong sales growth in the past year and expectations of further healthy growth.
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GRI backs sustainability accounting initiative
05 August 2010A joint body "to create a globally accepted framework for accounting for sustainability" has been launched by the Global Reporting Initiative (GRI) and the Prince's Accounting for Sustainability Project (A4S).
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Banco de Galicia launches sustainable finance facility
05 August 2010Argentina's Banco de Galicia y Buenos Aires is launching a $60 million facility to support environmental projects at small and medium-sized companies.
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Sun sets on Trony IPO plan
05 August 2010China's Trony Solar has cancelled plans to list on the New York Stock Exchange, in response to poor market conditions.
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Cuts may threaten environmental risk data quality – PwC
05 August 2010The quality of 'geo-data', used to map environmental risk in the insurance sector, may be threatened by cost cutting both in business and the public sector, PricewaterhouseCoopers (PwC) has warned.
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Drax delays biomass plants amid support uncertainty
05 August 2010UK-based generator Drax will delay development of three 290MW biomass plants because of a lack of clarity over government subsidies.
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Push to save PACE in US Congress, courts
05 August 2010Lobbying is heating up in the US for legislation to rescue innovative bond programmes that help pay for energy efficiency and renewables.
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Spanish feed-in tariffs to fall 45%
05 August 2010Spain's solar industry is set for a shake-up as the government announced plans to slash subsidies by up to 45%.