News

  • GE ramps up solar investments, diversifies from wind

    01 March 2012

    GE Energy Financial Services has invested more than $1.4 billion in solar projects globally in the past year, and expects a "very active" 2012 in the sector.

  • US tax equity market to support renewables in 2012 – E&Y

    01 March 2012

    Despite dire predictions, the US renewable energy sector will not experience a significant shortfall in its ability to access tax equity investment in 2012, but will start to feel the effects of expiring federal subsidies the following year, according to a new report by Ernst & Young.

  • SunGen plans $60m solar, efficiency investments

    01 March 2012

    SunGen Capital Management, a renewable energy finance and investment management firm, plans to invest about $60 million in solar photovoltaic (PV) and energy efficiency projects in the Northeast US this year, according to its co-founder.

  • Vontobel drops renewables, favours water, in clean-tech fund

    29 February 2012

    A clean-tech equity investment fund operated by Swiss asset management firm Vontobel has cut its exposure to renewable energy companies, while boosting its holdings in the water sector.

  • Early solar subsidy cuts "a blow" to German solar sector

    29 February 2012

    Germany is to bring forward cuts to its solar feed-in tariffs, it confirmed today, giving the sector less than two weeks to prepare for the changes.

  • Water investments poised for dramatic growth

    28 February 2012

    Global investment in water supply infrastructure needs to increase from around $580 billion a year to more than $1,000 billion by 2025, according to the OECD. These figures dwarf those needed for roads and electricity, said Anthony Cox, head of the environment and economy integration division in the organisation's environment directorate.

  • Solar consolidation to pave way for market growth, execs say

    28 February 2012

    The solar sector will continue to consolidate over the next few years amid a weak pricing environment, but long-term demand for solar power remains strong due to expected growth in the US and China, according to industry officials.

  • Carbon prices plummet despite favourable set-aside vote

    28 February 2012

    EU allowance (EUA) prices plunged today, despite a European Parliament committee voting in favour of measures to address the chronic oversupply of allowances in the market.

  • Kingspan paid €2m for bankrupt wind turbine maker

    28 February 2012

    London-listed insulation and building products firm Kingspan paid €2 million ($2.7 million) to acquire Proven Energy from receivership, according to its annual results released on Monday.

  • Challenging year ahead for renewables investments – Ernst & Young

    28 February 2012

    Emerging markets will be most attractive to renewable energy investors in 2012, while the outlook for more established markets will be uncertain, according to Ernst & Young.