News

• New York governor plans $1bn Green Bank

  10 January 2013

  New York Governor Andrew Cuomo has revealed plans to set up a Green Bank with $1 billion of funding to "spur the clean-tech economy".

• Abu Dhabi energy group makes first wind investment

  09 January 2013

  Abu Dhabi's state-run energy company has made its first investment in wind energy, taking a 50% stake in a 200MW wind farm in the US.

• Shell near-miss highlights dangers of Arctic exploration, say investors

  08 January 2013

  Royal Dutch Shell's battle to regain control of a grounded rig risks further damaging its environmental, social and governance (ESG) credentials and highlights the dangers of Arctic exploration, according to socially responsible investors and analysts.

• Bright outlook for impact investing – JP Morgan

  08 January 2013

  Impact investing is in a healthy state despite the continuing economic woes afflicting much of the world, according to a new survey by JP Morgan and the non-profit Global Impact Investing Network.

• Trading platform launched 'to boost liquidity' in REC markets

  08 January 2013

  An over-the-counter trading platform for US renewable energy certificates (RECs) has been officially launched in a move it is hoped will boost liquidity in the market.

• Economic and environmental risks on 'collision course' – WEF

  08 January 2013

  The interconnectedness of economic and environmental risks needs to be recognised and action taken, the World Economic Forum's (WEF) latest global risks report has urged.

• Wheb targets €200m for 'green growth fund'

  08 January 2013

  Private equity firm Wheb Partners has begun marketing its third clean-tech fund, into which it is hoping to raise €200 million ($261 million).

• Chinese cleantech fund reaches $40m first close, final target slashed

  08 January 2013

  Chinese private equity firm Nature Elements Capital has raised $40 million in a first close for its Asia Renewables and Cleantech Fund, but has lowered its final target at the request of investors.

• German solar installations drop after subsidy cut – but 2012 still breaks record

  07 January 2013

  Installations of solar power in Germany have plunged since subsidies were slashed – but the world's biggest solar market still reached an annual installation record in 2012.

• Clean-tech VC investments plunged by a third in 2012

  04 January 2013

  Global investments in clean technologies tanked in 2012, as investors shied away from capital-intensive deals and technology risks, according to Cleantech Group.