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Citi beats climate change finance target, plans new goal
24 April 2014US bank Citi claims to have directed $53.9 billion to activities that mitigate climate change between 2007 and the end of last year. This means it is three years ahead of its self-imposed target of $50 billion over ten years. It is now developing a new target to spur further environmental financing, the bank said.
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UK renewables support plans get mixed reception
24 April 2014New subsidy proposals for major UK renewable energy projects have pleased some developers, but upset others.
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SDCL attracts Chinese partner for UK-China energy efficiency fund
24 April 2014Sustainable Development Capital LLC (SDCL) has signed a partnership agreement with Avic International, a large diversified Chinese industrial company, to develop energy efficiency projects in China and the UK.
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SunEdison secures C$115 m for Canadian solar plants
23 April 2014SunEdison has reached a C$115 million ($104 million) financing agreement with Deutsche Bank for the construction of two new solar power plants in Canada.
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Hannon Armstrong seeks additional $65m from new share offering
23 April 2014Hannon Armstrong Sustainable Infrastructure Capital is planning an underwritten public offering of five million shares to raise up to $65 million. An additional 750,000 shares will potentially be available to the underwriters.
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Capital Dynamics invests in 40 solar projects in US
23 April 2014Capital Dynamics has completed spending from its US Solar Energy Fund, investing in 40 solar photovoltaic (PV) projects in North America.
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Industry welcomes DoE loan guarantee initiative
23 April 2014The US renewable energy industry has welcomed the Department of Energy's (DoE) offer of up to $4 billion in loan guarantees to leverage private sector investment in emerging technologies that will boost the US renewables market.
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Cleantech sector is emerging from consolidation – McKinsey
22 April 2014The poor performance of many cleantech equity indexes does not mean the sector is failing. Rather, much of it "is just leaving the disillusionment or consolidation phase," say analysts at consultancy McKinsey.
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Finavera sells 184MW wind project to Pattern Energy
22 April 2014Renewables developer Finavera has completed the sale of a 184MW wind project to Pattern Energy.
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DONG's Benj Sykes to co-chair UK wind forum
22 April 2014Benj Sykes of DONG Energy Wind Power is to co-chair the UK Government's Offshore Wind Industry Council (OWIC).
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- Exclusive: Combined climate and nature value-at-risk tool launched
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