News

• Plans for £150m UK bioethanol plant are shelved

  16 January 2014

  Plans to build a £150 million ($246.2 million) bioethanol plant in the UK are set to be shelved in favour of recommissioning a plant in the US, where legislation is more favourable to investment, Environmental Finance has learned.

• Clean energy investments slump 12% in 2013 - BNEF

  15 January 2014

  Global investment in clean energy fell 12% to $254 billion in 2013, according to data from Bloomberg New Energy Finance (BNEF). This follows a decline of about 9% between 2011 and 2012.

• Energy storage market 'set for massive boom'

  15 January 2014

  The global market for grid-connected energy storage is "set to explode" in the coming years, driven by the US, Germany and Japan, a report has claimed.

• Texas wind stake takes Google's renewables portfolio above 2GW

  15 January 2014

  Internet giant Google has added to its fast-growing portfolio of renewable energy assets with a $75 million investment in the Panhandle 2 wind farm near Amarillo in Texas. This takes the company's total renewables generation capacity above 2GW.

• Morgan Stanley launches impact investing competition

  15 January 2014

  Morgan Stanley has launched a global competition to find market-based solutions to environmental and social challenges.

• EIB green bond hits record-breaking €1.5bn after 'tap'

  14 January 2014

  The European Investment Bank (EIB) has completed a new tranche of one of its green bonds, making it the largest issue in the market.

• Danish pension funds invest in 'groundbreaking' public-private climate fund

  14 January 2014

  Some of Denmark's biggest pension funds and a private investment firm have invested in a climate fund focused on developing countries launched by the Danish government.

• Former Deutsche analysts launch energy consultancy

  14 January 2014

  Mark Fulton and Mark Lewis, both former analysts at Deutsche Bank, have set up a new consultancy to advise on financial and policy risks arising from the global transition from fossil fuels.

• IIGCC joins Climate Bond Standards board

  14 January 2014

  The Institutional Investor Group on Climate Change (IIGCC) has added its weight to an initiative to agree standards for the rapidly growing green bonds market.

• Banks back new transparency guidelines for green bond market

  13 January 2014

  A coalition of 13 major investment banks has backed a set of voluntary principles intended to encourage transparency and integrity in the fast-growing green bonds market.