News

• Sumitomo buys stakes in North Sea offshore wind

  06 October 2014

  Japanese corporation Sumitomo has made its first investment in European renewable energy, buying shares in two offshore wind projects in the North Sea.

• Carbon price to triple in 2015 if 'optimistic' package is agreed by EU, says UBS

  03 October 2014

  The price of carbon in the EU could triple next year if new regulation was introduced, say analysts at UBS.

• Divestment campaigns 'won't cause fossil fuel share price collapse - yet'

  03 October 2014

  Divestment campaigns will fail to bring about a rapid collapse in the value of fossil fuel companies, but they demonstrate a strong will to embrace renewables that will revolutionise the energy sector, analysts have forecast.

• Eight Danish investors commit DKK8bn to infra fund

  03 October 2014

  A group of Danish institutional investors has committed DKK8 billion ($1.4 billion) to a fund that will finance infrastructure projects including wind farms and biomass power plants.

• NRG buys third company for 'Home Solar' brand

  03 October 2014

  NRG Energy has made another acquisition in its bid to create a "one-stop shop" for residential solar in North America.

• RobecoSAM launches three new funds with ESG criteria

  02 October 2014

  RobecoSAM's latest sustainability fund has narrowly outperformed its benchmark since its launch earlier this year, and two more investment vehicles have been launched with an environmental, social and govermance (ESG) mandate.

• £95m increase in UK CfD pot fails to stave off criticism

  02 October 2014

  The UK government was accused of making "serious strategic mistakes" in the way it had overhauled its renewables subsidy regime today – despite announcing a £95 million increase in the support available.

• Vivint Solar floats at lower end of target, raising $329m

  02 October 2014

  Vivint Solar has floated on the New York Stock Exchange, at the lower end of its price range.

• Mirova signs carbon pledge but calls for changes to carbon footprint measurement

  02 October 2014

  Mirova is the first European asset manager to join the Montreal Carbon Pledge (MCP), but says the current way of measuring a carbon footprint does not reflect "the true value" of a firm's portfolio in relation to countering emissions.

• Hypocrisy index to shame 'green-washing' asset owners

  02 October 2014

  Asset owners that make bold pledges on climate change but fail to take demonstrable action will be named and shamed in a new hypocrisy index.