News

• Investors who don't consider ESG are failing in their fiduciary duty, says report

  07 September 2015

  Investors that do not consider environmental issues in their long-term investment approach are failing in their fiduciary duty, according to a report published by the UN today.

• Investors worth $1.5trn launch infrastructure sustainability benchmark

  07 September 2015

  Investors representing $1.5 trillion of assets have teamed up with the Global Real Estate Sustainability Benchmark (GRESB) to launch a similar framework for infrastructure assets.

• $1trn of GDP at risk from windstorms and floods by 2025, says Lloyd's

  07 September 2015

  Severe windstorms could knock $587 billion off global GDP over the next ten years, as a result of damage to major cities, according to Lloyd's, the specialist insurance market.

• NextEnergy Solar Fund to raise more equity capital this month

  07 September 2015

  NextEnergy Solar Fund is to tap the equity market again in the next three weeks under its year-long placing programme, with up to 95.25 million shares potentially available for sale.

• Gaelectric secures debt financing for Irish onshore wind fleet

  07 September 2015

  Irish renewable energy operator Gaelectric has secured a fourth financing package from a Swedish investment firm.

• California passes bill to force state pension funds to divest from coal

  04 September 2015

  California's two state pension funds, the largest in the US, look increasingly likely to be forced to divest from coal after a bill requiring them to do so was passed by the State Assembly.

• Yingli enters West African solar market with 150MW JV

  04 September 2015

  China's troubled solar firm Yingli Green Energy has turned its focus to West Africa for the first time, after setting up a joint venture that aims to build 150MW of capacity in the region.

• Renewable energy giants win big in Brazilian solar auction

  03 September 2015

  SunEdison, Enel and Canadian Solar have bagged nearly two thirds of the capacity on offer in Brazil's latest solar auction.

• EU's clean energy policies claim more coal victims

  03 September 2015

  Environmental regulations and changes to renewable energy incentives have been blamed for the likely closure of a major UK power station and the ejection of a leading German electricity generator from a benchmark stock index.

• UK government faces legal challenge over cuts to CCL

  03 September 2015

  The UK government is to face legal action over its plan to cut the climate change levy (CCL) exemption, a tax exemption for renewable energy, from two UK businesses affected by the decision.