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UK's early end to onshore wind subsidies could cost £900m/year
30 June 2015The UK government's recent decision to end subsidies for new onshore wind energy farms from 1 April 2016 – a year earlier than originally announced – could cost about £900 million ($1.4 billion) a year, an influential advisory body has warned.
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400MW German offshore wind project reaches €1.9bn close
30 June 2015The German 400MW offshore wind project Veja Mate has reached a €1.9 billion ($2.1 billion) financial close.
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Banking sector needs 'radically different approach' to sustainability, says KPMG
30 June 2015The European banking sector must adopt a "radically different approach" to sustainability, KPMG has warned.
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Scandinavia dominates RobecoSAM's sustainability rankings
30 June 2015Sweden, Norway and Denmark all feature in the top 10 most sustainable countries, according to a report looking at "key risk and return drivers for investors".
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Thai Superblock signs 27bn Bhat solar deal
30 June 2015Thai utility giant Superblock has signed a 27 billion Bhat ($798 million) agreement with Japan's Energy Complex to build a 300MW solar plant in Japan.
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TerraForm Power financing vehicle backed by Macquarie, Morgan Stanley, Citi and more
29 June 2015TerraForm Power has created a $525 million warehouse facility to hold its latest portfolio acquisition.
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AIB launches €5m clean-tech start-up fund
29 June 2015Irish bank AIB has launched a €5 million ($5 million) equity fund to invest in sustainable technology start-up companies.
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EU carbon market weekly update - 29 June 2015
29 June 2015After modest gains last week, EU allowance prices are most likely to move sideways in the next few days, says Louis Redshaw.
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Higher ESG ratings can boost stock performance, says MSCI
29 June 2015Investors willing to take on additional risk could outperform a portfolio of global equities while significantly improving the environmental, social and governance (ESG) performance of their holdings, a study from index provider MSCI has shown.
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Senvion commits to A$1.6bn Australian wind farm following RET announcement
29 June 2015Senvion has slated the construction of a A$1.6 billion ($1.2 billion) wind farm in South Australia, following a revision in the country's renewables target.