News

• Siemens to 'remain committed to renewables under new CEO'

  31 July 2013

  Industrial giant Siemens is likely to remain committed to clean energy, despite the sudden departure of the CEO who championed its green power push, analysts believe.

• Australia's largest solar project reaches financial close

  31 July 2013

  A solar project, set to be the largest in the southern hemisphere, has reached financial close after securing extra funding from the Australian government.

• EIB in its third green bond transaction of July

  31 July 2013

  The European Investment Bank has raised SEK400 million ($61.4 million) in its third green bond transaction in July.

• Investment manager hires head of sustainable investing

  31 July 2013

  A leading university's investment management arm has appointed a vice-president for sustainable investing, amid mounting calls for universities to divest from fossil fuel holdings.

• Securitisation to play key role in Conergy rescue plan

  30 July 2013

  An asset manager hopes to lead the market in issuing asset-backed securities as part of its plans to rescue a pioneering solar firm that has called in administrators.

• Carbon costs hurt profits at coal-burning giant

  30 July 2013

  The UK's biggest coal-fired power generator blamed carbon pricing for denting its profits today, but said its plan to transform itself into one of the world's biggest renewables generators remains on track.

• Asset manager hires head of ESG engagement

  30 July 2013

  An investment firm has added a head of engagement to its responsible investment team.

• EU-China solar trade deal 'relief' for investors

  30 July 2013

  A compromise suggested by the EU and China in their long-running solar trade dispute has been hailed as a relief for investors, but could deal a further blow to Europe's solar manufacturers and installers.

• UK GIB in 'landmark' Northern Ireland deal

  30 July 2013

  The UK's Green Investment Bank has helped to fund an £81 million ($124.5 million) combined heat and power plant that will burn wood reclaimed from landfill.

• Clean-tech sector more optimistic than most, survey says

  29 July 2013

  Businesses in the clean-tech sector are more confident about seeing an increase in profits and investment over the next 12 months than those in other sectors, a survey has found.