News

• ICAP acquires biofuels broker

  01 March 2012

  ICAP Energy will launch its first services in the European alternative fuels market after acquiring biofuels broker Sun Commodities for an undisclosed sum.

• GE ramps up solar investments, diversifies from wind

  01 March 2012

  GE Energy Financial Services has invested more than $1.4 billion in solar projects globally in the past year, and expects a "very active" 2012 in the sector.

• US tax equity market to support renewables in 2012 – E&Y

  01 March 2012

  Despite dire predictions, the US renewable energy sector will not experience a significant shortfall in its ability to access tax equity investment in 2012, but will start to feel the effects of expiring federal subsidies the following year, according to a new report by Ernst & Young.

• SunGen plans $60m solar, efficiency investments

  01 March 2012

  SunGen Capital Management, a renewable energy finance and investment management firm, plans to invest about $60 million in solar photovoltaic (PV) and energy efficiency projects in the Northeast US this year, according to its co-founder.

• Vontobel drops renewables, favours water, in clean-tech fund

  29 February 2012

  A clean-tech equity investment fund operated by Swiss asset management firm Vontobel has cut its exposure to renewable energy companies, while boosting its holdings in the water sector.

• Early solar subsidy cuts "a blow" to German solar sector

  29 February 2012

  Germany is to bring forward cuts to its solar feed-in tariffs, it confirmed today, giving the sector less than two weeks to prepare for the changes.

• Water investments poised for dramatic growth

  28 February 2012

  Global investment in water supply infrastructure needs to increase from around $580 billion a year to more than $1,000 billion by 2025, according to the OECD. These figures dwarf those needed for roads and electricity, said Anthony Cox, head of the environment and economy integration division in the organisation's environment directorate.

• Solar consolidation to pave way for market growth, execs say

  28 February 2012

  The solar sector will continue to consolidate over the next few years amid a weak pricing environment, but long-term demand for solar power remains strong due to expected growth in the US and China, according to industry officials.

• Carbon prices plummet despite favourable set-aside vote

  28 February 2012

  EU allowance (EUA) prices plunged today, despite a European Parliament committee voting in favour of measures to address the chronic oversupply of allowances in the market.

• Kingspan paid €2m for bankrupt wind turbine maker

  28 February 2012

  London-listed insulation and building products firm Kingspan paid €2 million ($2.7 million) to acquire Proven Energy from receivership, according to its annual results released on Monday.