News

• UK spending review 'hit clean-tech confidence' – report

  16 December 2010

  The UK's recent comprehensive spending review (CSR) has dented confidence within the UK's clean technology sector, despite being perceived by many as positive for environmental technologies, according to consultancy Ernst & Young.

• SunPower closes industry-first solar bonds

  16 December 2010

  US solar power firm SunPower Corporation has sold €195.2 million ($258.4 million) of bonds linked to a solar farm in Italy, which are understood to be the first such bonds of their kind.

• CCS project for sale as coal company hits skids

  16 December 2010

  The UK's carbon capture and storage (CCS) ambitions have received a blow after funding problems forced the developer of a major CCS project into administration.

• Datang raises $643m in Hong Kong IPO

  16 December 2010

  Chinese power firm Datang International has floated its renewable power arm on the Hong Kong Stock Exchange, raising around US$643 million.

• Mexico in line for $4bn energy storage unit

  16 December 2010

  A planned 1,000MW energy storage facility in Mexico will supply energy from solar and wind farms to US and Mexican power users, the developers said.

• US offshore wind developer triples its ambitions

  16 December 2010

  The developer of a wind farm in the waters off the east coast of the US now hopes to erect 1GW of turbines in a project that will supply electricity across state lines.

• US and China could revive carbon tax debate

  15 December 2010

  The US and China can lead the way in revitalising carbon taxes as a viable mechanism for reducing emissions, finance researchers say.

• Courts to force carbon cuts on US utilities?

  09 December 2010

  The US Supreme Court will consider whether lawsuits that seek to force utilities to mitigate their carbon dioxide (CO2) emissions can proceed in federal courts.

• 11th hour rescue for renewables cash grant?

  09 December 2010

  A last-ditch effort to preserve the critical US Treasury grant programme for renewable energy projects may fall short amid Republican opposition, despite the urgent pleas of renewable trade associations, developers and green groups.

• More jitters as France, Spain cut renewables support

  09 December 2010

  Uncertainty about government support for Europe's renewable sector has deepened, with France suspending feed-in tariffs for new solar photovoltaic (PV) installations and Spain slashing subsidies for wind and solar thermal projects.