News

  • Duke buys 40MW of California solar from Infigen

    07 March 2014

    Duke Energy's renewables division has expanded its portfolio with the acquisition of 40MW of solar photovoltaic projects in California, more than doubling its presence in the state.

  • RES pulls plug on biomass plant, blames UK policy uncertainty

    06 March 2014

    Renewable energy developer RES has abandoned work on a 300MW biomass power plant in the UK, blaming the government's "erosion of support" for the technology.

  • ERAFP finds 19% carbon benefit in listed equity portfolio

    06 March 2014

    French pension fund ERAFP's portfolio of large-cap, developed-world, listed equities has a carbon-intensity almost one-fifth lower than its benchmark, analysts have found.

  • $10m financing deal to boost energy storage

    06 March 2014

    Green Charge Networks, a California-based supplier of energy storage systems, has agreed a financing programme with TIP Capital, a provider of equipment finance, to help industrial, municipal and retail customers acquire its technology.

  • Statkraft in NOK7bn Norwegian wind joint venture

    06 March 2014

    Statkraft is set to lead a new joint venture involving three other Norwegian energy companies to develop three wind projects in the country that require a total of NOK7 billion ($1.2 billion) of investment.

  • New US solar PV capacity soars 41%, further growth forecast

    05 March 2014

    Photovoltaic (PV) power capacity of 4.75GW, with a market value of $13.7 billion, was added in the US last year – 41% more than in 2012 – according to an industry report, US Solar Market Insight.

  • Mainstream trials innovative weather risk product

    05 March 2014

    Mainstream Renewable Power is piloting a new type of insurance product designed to help protect against the risk that the pre-construction phase of an offshore wind plant is delayed by bad weather.

  • Energy shot billionaire launches clean energy, water investment company

    04 March 2014

    The billionaire behind the '5-hour Energy' shot has launched an investment company focused on energy conservation and water treatment.

  • Expect more frequent weather extremes, says Allianz director

    04 March 2014

    Recent extreme weather conditions in the UK and the US are connected, and are likely to be more frequent in the future, according to Clement Booth, a member of Allianz's management board.

  • Insured losses from EU floods may treble by 2050

    04 March 2014

    The cost of floods in the EU may double to €23.5 billion a year by 2050, according to an academic study.