News

• Renewables investors fear Scottish independence: Jon Moulton

  21 January 2014

  Investors fear that Scotland could refuse to honour agreements made by the UK government to pay subsidies for renewable energy if it leaves the union, private equity boss Jon Moulton has warned.

• Commission eyes 'stability reserve' to support EU ETS

  21 January 2014

  The European Commission is expected to announce tomorrow plans to set up a reserve of emission allowances to help revive the EU's troubled emissions trading system (ETS).

• Gamesa and Areva join forces to create 'European offshore wind champion'

  21 January 2014

  Wind turbine maker Gamesa and power group Areva have agreed to join forces on offshore wind power, aiming to establish a leading position in the market.

• Stranded assets: big four UK miners could see $20bn hit to coal assets - HSBC

  21 January 2014

  The big four UK-listed miners could see more than $20 billion wiped from the value of their coal assets in a low-carbon scenario, analysts at HSBC have calculated.

• Large-scale programmatic CDM project issues 80,000 offsets

  20 January 2014

  The developer of a biogas project in China has completed the biggest-ever issuance of offsets from a 'programmatic' Clean Development Mechanism (CDM) project.

• UNFCCC exemplifies global governance failures

  17 January 2014

  Slow progress at the UN climate talks is an indication of the growing "de-globalisation" of politics that will make it harder to deal with systemic global risks, according to the World Economic Forum.

• Ingenious plans £160m fund IPO that will 'tap into energy efficiency opportunity'

  17 January 2014

  Ingenious today revealed plans to raise £160 million ($263 million) by listing a fund that invests in both renewables and energy efficiency, as its sponsor claimed the strategy could outperform rivals that focus on a single technology.

• European utilities urged to stress-test investments to avoid stranded assets

  17 January 2014

  Utilities in the EU should stress-test existing and planned investments to avoid stranded asset risk, a report has urged after some €6 billion ($8 billion) of gas-fired power was shuttered in the region last year.

• SolarCity to offer asset-backed securities to the public

  16 January 2014

  SolarCity plans to follow its issue of bonds backed by solar panels by offering similar products online to retail investors.

• World Bank issues first floating-rate green bond

  16 January 2014

  The World Bank's International Bank for Reconstruction and Development has issued a $550 million climate bond with an 18-month floating rate.