News

• 22GW of missed capacity if renewable tax break ends, says SEIA

  16 September 2015

  The amount of solar power capacity constructed in the US could be hit by up to 22GW if a form of incentive known as Investment Tax Credits (ITC) is allowed to expire at the end of 2016, according to research.

• Electricity companies call on UN to promote carbon trading

  16 September 2015

  Negotiators in the forthcoming UN climate change meeting in Paris (COP 21) are being urged by power companies to encourage the use of carbon trading in the international action plan they are working towards.

• Onyx secures $300m credit facility from Credit Suisse

  16 September 2015

  Onyx Renewable Partners has secured a $300 million credit facility with Credit Suisse to help develop, own and finance commercial and industrial (C&I) projects in the US.

• Carbon prices reach new high in RGGI market

  16 September 2015

  Emission allowances in the Regional Greenhouse Gas Initiative (RGGI) reached a record clearing price of $6.02 in the latest quarterly auction.

• EDPR halts yieldco plans

  15 September 2015

  EDP Renováveis (EDPR), the renewables arm of Portuguese utility EDP, has become the latest company to halt plans to launch a European focused yieldco.

• Climate change poses liability risk for Asian boards

  15 September 2015

  Ignoring climate change risks may result in increased liability exposure for Asian company directors, according to a report backed by investors and Chubb Specialty Insurance.

• Aloe Energy bags €200m refinancing deal for solar portfolio

  15 September 2015

  Renewables operator Aloe Energy has agreed a €200 million ($226 million) debt package to refinance a solar portfolio.

• Global corporate governance advisor ISS acquires green advisory firm

  15 September 2015

  Corporate governance consultant Institutional Shareholder Services (ISS) has entered the environmental space with the acquisition of Ethix SRI Advisors.

• UK asset manager accuses PRI of 'losing its way'

  14 September 2015

  The Principles for Responsible Investment (PRI) has been accused of having "lost its way" by an asset manager hoping to join the organisation's board.

• Renewables companies hail California's revised 2030 target

  14 September 2015

  US wind and solar energy companies have welcomed Californian legislation that aims to ensure that 50% of the state's electricity comes from renewable sources by 2030, up from the current goal of 33%.