News

• Wave energy firm Pelamis sinks into administration

  24 November 2014

  Pelamis Wave Power has been placed into administration, marking "a big setback in the mission to learn how to harvest energy from the sea".

• Forestry offset prices 'slump by a third'

  21 November 2014

  Prices of emissions reduction credits generated through forestry fell by a third in 2013, driven by a glut of supply, a report has revealed.

• BAML and Apollo raise INR4.3bn for Indian wind

  21 November 2014

  Renewables firm Mytrah Energy has raised INR4.3 billion ($70 million) of debt.

• UK biomass project lands £110m financing package

  21 November 2014

  A consortium of investors including the Green Investment Bank (GIB) and GCP Infrastructure is to provide more than £110 million ($172 million) of funding for a biomass project in the UK.

• Ingenious sells solar portfolio to firm bullish on UK market

  21 November 2014

  Ingenious Clean Energy has sold a tranche of its renewable energy portfolio to a US investment firm.

• Sunnova Energy raises $250m

  21 November 2014

  Sunnova Energy claims to have completed the largest ever funding round by a private US residential solar firm.

• Green Climate Fund's firepower hits $9.3bn

  20 November 2014

  The Green Climate Fund (GCF) has seen its firepower boosted to $9.3 billion after eight more countries pledged funding.

• Sky Solar gets IPO away after uncertain start

  20 November 2014

  Renewable energy developer Sky Solar has completed its initial public offering (IPO), raising just over $50 million.

• Citi's head of environmental risk dies

  20 November 2014

  The head of Citi's environmental risk department, Shawn Miller, has died aged 42.

• Wind energy falling out of favour with private investors, says report

  20 November 2014

  The level of global wind capacity being installed is falling, driven by a drop in private investment, according to new research.