News

• Sun sets on Trony IPO plan

  05 August 2010

  China's Trony Solar has cancelled plans to list on the New York Stock Exchange, in response to poor market conditions.

• Cuts may threaten environmental risk data quality – PwC

  05 August 2010

  The quality of 'geo-data', used to map environmental risk in the insurance sector, may be threatened by cost cutting both in business and the public sector, PricewaterhouseCoopers (PwC) has warned.

• Drax delays biomass plants amid support uncertainty

  05 August 2010

  UK-based generator Drax will delay development of three 290MW biomass plants because of a lack of clarity over government subsidies.

• Push to save PACE in US Congress, courts

  05 August 2010

  Lobbying is heating up in the US for legislation to rescue innovative bond programmes that help pay for energy efficiency and renewables.

• Spanish feed-in tariffs to fall 45%

  05 August 2010

  Spain's solar industry is set for a shake-up as the government announced plans to slash subsidies by up to 45%.

• Gulf spill has 'far reaching' impact on oil company credit – S&P

  05 August 2010

  The oil spill and subsequent suspension of drilling permits in the Gulf of Mexico will have a long-term impact on the creditworthiness of oil and gas companies, according to ratings agency Standard & Poors.

• SO2, NOx trading back on table in US?

  29 July 2010

  US senators on both sides of the aisle prefer a legislative fix to the embattled Clean Air Interstate Rule (CAIR) programme to plans set out by the country's Environmental Protection Agency (EPA).

• BP oil spill damages to stretch insurance coverage

  29 July 2010

  BP and its partners on the Deepwater Horizon oil rig do not have enough insurance to cover the potential damages sought in litigation so far, according to an analysis by insurance information provider Advisen.

• Green makeover could turn RBS into GIB: report

  29 July 2010

  Royal Bank of Scotland (RBS) could be transformed into the Green Investment Bank (GIB) "to kick start a green economy" and help the UK meet its climate change targets, according to an NGO report.

• Investor confidence still elusive as UK updates energy policy?

  29 July 2010

  The UK renewables sector gave a mixed reaction to changes in the country's energy policy this week, with general applause for the spirit of the announcements, but concerns that many key decisions have been delayed.