Archive

News round-up: Sarasin, ABI, Green Finance Institute and PwC

Green Finance Institute launches Coalition for the Decarbonisation of Road Transport

Energy storage - a technology whose time has come?

Large-scale use of batteries to store electricity could be critical for the future growth of renewable energy. Recent developments mean the sector is almost ready for institutional investors, says Graham Cooper

Bangladesh Bank 'working on green bond'

Bangladesh Bank is readying itself to issue a green bond – which could be the first ever from a central bank.

UK plans to cut large-scale solar subsidies

The UK government looks set to reduce support for solar photovoltaic farms with generating capacity of 5MW or higher from next year, in a move that has been described by the Solar Trade Association (STA) as a "crippling blow" to the progress of the sector.

RES pulls plug on biomass plant, blames UK policy uncertainty

Renewable energy developer RES has abandoned work on a 300MW biomass power plant in the UK, blaming the government's "erosion of support" for the technology.

UK cuts subsidies for onshore and solar, but hikes offshore

The UK government has reduced planned subsidies for onshore wind and solar energy, although these will be partly offset by an increase for offshore wind.

UK market reforms to 'create problems' for renewables finance

Renewables projects will face further challenges securing finance amid sweeping reforms to the UK government's flagship incentive programme, according to developers and lawyers advising industry on the changes.

Biomass generators told: prove sustainability or lose subsidies

UK biomass-fired power generators will be forced to prove their fuel is sourced according to sustainability standards or lose their subsidies, under rules announced today.