News

• First green bond verified using industry standards

  09 May 2013

  An environmental bond has for the first time been certified using a set of standards supported by investor-focused NGO the Climate Bonds Initiative (CBI).

• UK's Green Investment Bank catalyses £2.3bn of investment

  09 May 2013

  The UK's Green Investment Bank (GIB) has mobilised £2.3 billion ($3.6 billion) of capital in its first five months of operation, with every £1 it invested being matched by almost £3 from the private sector, it said today.

• Offshore wind investment to surge to €130bn by 2020

  08 May 2013

  Investments in offshore wind power are set to increase more than 15-fold by 2020, but developers must be able to reduce energy generation costs by 30% by that year to be competitive, a consultancy has said.

• PV breaks through 100GW mark, but Europe's dominance 'to end'

  08 May 2013

  Europe is set to lose its role as the leading installer of solar photovoltaic (PV) power in the current year, a new report has forecast.

• Bonn climate talks give 'cause for hope' – NGOs

  07 May 2013

  NGOs have welcomed a change in the tone of the UN climate negotiations, following a meeting in Germany last week in which constructive ideas were tabled.

• Groote aims for July for second backloading vote

  07 May 2013

  The chairman of the European Parliament's environment committee expects the Parliament to vote again on a plan for a short-term fix to the EU Emissions Trading System (ETS) at the July plenary – a move welcomed by observers.

• Denham strikes $75m Australian wind deal

  07 May 2013

  Energy-focused private equity firm Denham Capital has invested US$75 million of equity in a 1GW portfolio of wind projects under development in Australia.

• PGE drops CCS plans, blames lack of funding

  07 May 2013

  Polish utility PGE confirmed it has cancelled plans to build a carbon capture and storage (CCS) demonstration plant, due to a failure to secure enough funding for the project.

• Aviva Investors hires responsible investment head

  03 May 2013

  Aviva Investors has appointed Adeline Diab to head up the firm's efforts to integrate environmental, social and governance (ESG) into its mainstream investment processes.

• Renewables association slams NGOs' anti-biomass subsidy campaign

  03 May 2013

  The debate over the sustainability of biomass has been pushed back under the spotlight after the Renewable Energy Association (REA) hit out at NGOs that called for the UK government to lower its subsidies for the fuel.