News

• UBS increases SRI investments, tightens CO2 target

  09 April 2013

  Swiss banking giant UBS had SFr 253.73 billion ($271.49 billion) – 11.38% of its total assets under management – invested according to 'socially responsible' principles, as of 31 December 2012.

• ConEd Development selling $220m of solar bonds – reports

  08 April 2013

  Consolidated Edison Development is looking to raise $220 million via a bond issue to refinance a portfolio of US solar energy projects, according to reports.

• Investors, Nasdaq propose sustainability listing standard

  08 April 2013

  Nasdaq OMX and a group of investors have joined forces in proposing sustainability disclosure standards for stock exchanges.

• Clean-tech VC drops 29% in first quarter

  08 April 2013

  Venture capital (VC) investment in clean technology slumped in the first quarter of 2013 despite a higher number of deals than the previous quarter, as investors continue to favour capital-light transactions, according to the Cleantech Group.

• One million Australian homes have solar PV

  05 April 2013

  More than one million homes in Australia now boast solar panels. The milestone was reached last month, the country's Clean Energy Council (CEC) announced today.

• EU registration of Chinese solar imports 'hurting' European industry

  05 April 2013

  The EU's recent move to register imports of Chinese solar products has already hurt the European solar market, a 300-strong industry group has claimed.

• Hedge fund billionaire sets out to 'destroy' climate sceptics

  05 April 2013

  Billionaire former hedge fund manager Tom Steyer has pledged use his fortune to "destroy" US electoral candidates who oppose action on environmental issues, especially climate change.

• Environmental Finance, IHS to host ESG data webinar

  04 April 2013

  Environmental Finance is partnering with IHS to host a webinar on sustainability reporting, designed to help companies manage the growing risks in this area.

• BP to sell wind business

  04 April 2013

  BP is to sell its US wind energy business and refocus on its core activities, marking the oil major's latest retreat from renewables.

• Romania's plans to overhaul green certificate scheme could 'deter investors'

  03 April 2013

  Romania is planning to slash subsidies for new renewable power plants and hold back some of the green certificates that existing installations are set to receive up to 2017 – a move observers say could deter investors from the country's booming renewables sector.