News

• US renewables industry in last push for 1603 cash grants

  05 December 2011

  A large industry coalition is making a final push to extend the US cash grant programme before it sunsets at the end of the year, but the prospects may be slim in light of competing priorities for Congress.

• First Reserve and Renovalia create $1bn wind joint venture

  05 December 2011

  Private equity group First Reserve and Spanish renewables company Renovalia Energy have announced a $1 billion joint venture to develop wind farms.

• US pledges $4bn to improve energy efficiency

  02 December 2011

  The US has launched a nearly $4 billion public-private initiative to fund energy efficiency upgrades to federal and commercial buildings over the next two years.

• $1bn solar project goes ahead without DOE loan

  01 December 2011

  SolarCity and Bank of America Merrill Lynch (BoAML) will move forward with a $1 billion-plus project to install solar panels on military housing despite losing a Department of Energy (DOE) loan guarantee.

• Finance directors should consider biodiversity risk – Aldersgate Group

  01 December 2011

  Finance directors should consider the risks to the balance sheet arising from the loss of biodiversity and ecosystem services (BES), says the UK's Aldersgate Group, a business-led lobby group.

• NGOs call out 'climate killer' banks

  01 December 2011

  A group of NGOs has named JPMorgan Chase, Citi and Bank of America the top three "climate killer" banks because of their financing of coal mining and coal-fired power generation.

• Solar spat threatens US-China trade war

  30 November 2011

  China is hitting back at the US by launching its own probe into the US government's support for renewable energy. This comes just weeks after US federal officials announced they would investigate a complaint by domestic solar companies accusing the Chinese solar sector of unfair trade practices.

• Does private finance support climate change adaptation?

  29 November 2011

  The Stockholm Environment Institute (SEI) has raised doubts about the efficiency of using private finance to fund climate change adaptation in developing countries.

• Marsh eyes opportunities in renewables and clean-tech

  29 November 2011

  Booming investment in renewable energy has led insurance broker and risk advisor Marsh to form a renewable power and clean-tech practice.

• Renewables investors 'confused' about weather risk

  29 November 2011

  Many renewable energy investors and developers are confused about mitigating the effects of weather on plant performance, according to study by Swiss Re and the Economist Intelligence Unit.