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Aviva plans £500m/year in low-carbon investments, threatens coal divestment
28 July 2015UK insurer Aviva aims to invest £500 million ($780 million) in renewable energy and energy efficiency in each of the next five years.
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TransAlta moves into solar with $75.8m renewables deal
28 July 2015Canadian power generator TransAlta has diversified into solar after it bought 71MW of operational renewables assets from private equity firm Rockland Capital.
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TerraForm Power to issue new $200m green bond
28 July 2015TerraForm Power plans to issue a $200 million green bond to help finance its acquisition of assets from its parent SunEdison.
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EU carbon market weekly update - 27 July 2015
27 July 2015With EU Allowance prices at three-year highs, €8 is now likely to become a support level as auction supply diminishes in August, says Louis Redshaw.
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Canadian property venture issues C$225m green bond for Vancouver project [UPDATED]
27 July 2015A joint venture between Canadian telecommunications firm Telus and property developer Westbank has issued C$225 million of green bonds to finance a major development in downtown Vancouver.
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13 US corporations pledge $140bn in new investments to cut emissions
27 July 2015A group of 13 major US corporations have pledged to make $140 billion of investments to reduce their carbon emissions.
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"Lack of clarity" on carbon markets in draft UN text worries industry
27 July 2015The International Emissions Trading Association (IETA), a non-profit representing more than 150 companies, has expressed concern over the negotiating text prepared for the UN's climate change meeting in Paris in December.
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GreenWish secures €15m for African solar fund
27 July 2015African solar investor, GreenWish, has secured €15 million ($16.6 million) at the first close of its €50 million African solar fund.
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German wind projects dominate KfW's loans in H1
27 July 2015Wind projects accounted for 89% of the €1.87 billion ($2.08 billion) of renewable energy loans approved by German development bank KfW in the first six months of this year, with 7% being allocated to solar projects.
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Abengoa sells solar projects to its yieldco for €277m
27 July 2015Infrastructure developer Abengoa has sold two Spanish solar thermal projects, in a deal worth €277 million ($307 million), to its US-listed yieldco, Abengoa Yield.