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News Round Up: COP26, IEA, Robeco, Zouk and more

People Moves: Deka Investment, RCG, E3G and Actis

Deka Investment, a subsidiary of German DekaBank with €282.9 billion (€320 billion) assets under management, has appointed Ingo Speich as head of sustainability and corporate governance.

UK budget defers green economy decisions for later in the year

The UK budget offered very little for the green economy with major decisions deferred for later in the year, according to one environmentally themed fund manager.

UK government proposes slashing FiTs by up to 86%

The UK government continued its onslaught against its renewables subsidy regime after it proposed slashing Feed-in Tariffs (FiT) for small-scale clean power production by up to 86% as early as January.

The UK announces plan to slash renewables subsidies further [UPDATED]

The UK government has dealt a fresh blow to the renewables sector by outlining plans for another cut to subsidies as part of a drive to reduce consumers' energy bills.

Solar fried in CfD auction

Solar energy construction in the UK is set to be decimated after the technology failed to compete with wind power in a £325 million ($503 million) auction under the government's new subsidy system.

Small size of UK renewables subsidy budget 'to trigger auctions'

The renewables industry was shocked by the smaller-than-expected size of the UK government's subsidy pot for established technologies, amid warnings that it will trigger a competitive auction process.

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.

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.