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Borrego Solar raises $64.4m PV fund
02 August 2012Borrego Solar Systems has created its largest fund to finance solar energy projects.
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Alliance Trust snags Aviva SRI team, assets
02 August 2012The remainder of Aviva Investors' sustainable and responsible investment (SRI) team is to move to Alliance Trust Investment, which has struck an investment-advisory agreement to manage the insurance giant's £1.2 billion ($1.9 billion) in SRI funds.
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NGOs seek Sakhalin compensation from Shell, UK banks
01 August 2012Three environmental groups have called on UK banks Barclays, RBS and Standard Chartered to compensate Sakhalin residents for pollution caused by a large oil and gas project that they helped finance.
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EU ETS 'backloading' plan buys time for Phase IV battle – Shell
01 August 2012Proposals to shore up the carbon price in the EU Emissions Trading System (ETS) will buy the European Commission five years to deepen emission reduction targets, according to David Hone, senior climate change adviser to oil giant Shell.
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Western Wind forced into early sale
31 July 2012Renewable energy developer Western Wind Energy is being forced to put itself up for sale sooner than expected because of the objections of a group of dissident shareholders.
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Climate performance of 3,000 suppliers to be assessed
31 July 2012FirstCarbon Solutions is to score around 3,000 companies on their climate change disclosure and performance, in an extension of its collaboration with the Carbon Disclosure Project (CDP).
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Clean Power Finance targets SREC trade
31 July 2012With an eye toward the New Jersey and Massachusetts solar renewable energy certificate (SREC) markets, Clean Power Finance is launching a new service to boost trading activity in the US markets.
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BlackRock investors agree rule change
31 July 2012Investors in BlackRock's New Energy Investment Trust have approved a plan allowing them to cash-in at the best possible price in two years' time.
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Suntech set to tap markets following likely $690m fraud
31 July 2012Suntech Power, the world's largest solar module maker, may be forced into the capital markets to make good a potential €554.2 million ($690 million) fraud, involving a financing guarantee it extended in 2010.
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Tariff war will cloud solar sector – analysts
30 July 2012Western-world polysilicon manufacturers will likely bear the brunt of any backlash if the EU follows the US in imposing import tariffs on Chinese solar photovoltaic modules – but most solar companies will be losers, according to equity analysts.