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8GW of projects make final stage of UK bidding round
04 December 2013A total of 16 projects with a combined generation capacity of 8GW have made it through to the final stage of the UK government's bidding round for subsidies.
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UK cuts subsidies for onshore and solar, but hikes offshore
04 December 2013The UK government has reduced planned subsidies for onshore wind and solar energy, although these will be partly offset by an increase for offshore wind.
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Sustainable Development plans $200m UK-China fund
04 December 2013UK-based investment and advisory company Sustainable Development Capital LLP (SDCL) is planning a $200 million fund to promote energy efficiency in both China and the UK.
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Investment company seeks $250m in growth capital for distributed generation
04 December 2013A renewables veteran is trying to raise up to $250 million in growth capital for a company that will invest in distributed energy generation and energy efficiency projects.
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RGGI calls on EPA to encourage emissions trading
03 December 2013US states participating in the Regional Greenhouse Gas Initiative (RGGI) have suggested that the Environmental Protection Agency (EPA) should include similar market-based approaches in its guidance to help other states curb their emissions.
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Willis and Endurance in innovative Australian weather derivatives deal
03 December 2013Willis and Endurance Global Weather have completed a weather derivatives deal to protect a mining firm against the financial impacts of cyclones and heavy rainfall during the construction of a major project.
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Braine takes reins at IETA
03 December 2013The International Emissions Trading Association (IETA) has appointed Bruce Braine, a vice-president responsible for strategic policy analysis at American Electric Power, as its new chairman. He replaces David Hone, senior climate change adviser at Shell, who is stepping down after three years in the role.
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PensionDanmark takes £153m stake in six UK wind farms
03 December 2013PensionDanmark has acquired a 49% stake in a group of UK wind farms owned and run by Falck Renewables, forming a partnership that could lead to further investments.
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Carbon Tracker appoints senior lawyer as first CEO
03 December 2013Anthony Hobley, global head of sustainability and climate change at law firm Norton Rose Fulbright, is to become the first CEO of the Carbon Tracker Initiative.
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Pension fund invests €120m in Dutch offshore wind farm
02 December 2013A pension fund has invested €120 million ($163 million) in a Dutch offshore wind farm that is nearing financial close.
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