News

• Tidal energy market 'boosted' by Climex and Tocardo tie-up

  15 May 2013

  Carbon trading exchange Climex has started selling energy generated from turbines produced by Tocardo Tidal Turbines in a move hailed as a "a major step in the development of the tidal energy market".

• Banks back 'broader, more robust' Equator Principles

  14 May 2013

  Financial institutions that have signed up to the Equator Principles (EP) have backed a new, more robust, version of the voluntary rules for banks' project finance activities.

• MBB issues €72m bond to fund wind and solar deals

  14 May 2013

  MBB Clean Energy has raised €72 million ($93.4 million) on the bond market and plans to invest the proceeds in ready-to-operate wind and solar farms.

• EU climate dithering risks lost decade of investment

  13 May 2013

  The EU must resolve "conflicting and contradictory" signals on climate policy to avoid a "lost decade" of investment in its power sector, European electricity association Eurelectric warned in a new report.

• South African renewables projects worth $3.1bn reach financial close

  13 May 2013

  The South African government's renewable energy programme has seen projects worth a total of $3.1 billion reach financial close, in the initiative's second financing round.

• UN calls for more climate finance as emissions reach new levels

  13 May 2013

  The UN's climate chief has called for an increase in climate finance as the concentration of carbon dioxide (CO2) in the world's atmosphere passes a key threshold.

• UK Green Investment Bank appoints general counsel

  13 May 2013

  The UK's Green Investment Bank (GIB) has appointed Euan McVicar, currently a partner at law firm Pinsent Masons, as its general counsel.

• BioAmber completes $80m IPO after slashing offer price

  10 May 2013

  Biochemicals company BioAmber sold eight million shares to the public today in a listing described by one analyst as 'a huge victory' for the industry.

• New and improved PRI framework released

  09 May 2013

  The UN-supported Principles for Responsible Investment (PRI) initiative has published a new reporting framework, after amending the proposals in response to concerns that the process would be too time consuming for signatories.

• Waste conversion projects struggle to attract finance as banks shy away

  09 May 2013

  Developers of advanced waste conversion plants are struggling to secure project finance from banks as the projects are perceived as too risky, a conference heard.