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Italy slashes 2011 solar support by 10-19%
09 May 2011Italian solar developers will have until the end of this month to connect to the grid if they are to qualify for existing incentive rates, after the government announced it will slash support mechanisms and place a funding cap on incentives for larger plants.
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Clean-tech investors chase millions for Asian strategies
06 May 2011A slew of venture capital and private equity funds are raising money into clean-tech funds focused on Asia.
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'Rainforest bond' aiming to monetise REDD+ credits
06 May 2011A multilateral financial institution is understood to be poised to issue a first-of-its-kind 'rainforest bond' which would repay investors based on returns from the ecosystem services provided by the area of rainforest.
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The challenges ahead for EU project bonds plan
05 May 2011The European Commission plans to kickstart a market in 'project bonds', potentially helping to boost renewables investment – but it will have to tread carefully. Philippa Jones reports
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Revival of Green Bank plan in the US?
05 May 2011A 'Green Bank' would provide more flexibility and financing tools than popular US policies such as the loan guarantee and Treasury grant programmes, financing experts said.
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UK could capture a quarter of $750bn marine energy market – Carbon Trust
05 May 2011Waves and tides could provide up to 240GW of renewable energy globally by 2050, requiring investment of £460 billion ($750 billion), according to the Carbon Trust – although the risk exists of "near zero deployment", it warns.
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Environmental regulations grease wheels for another US utility merger
05 May 2011If regulators give the green light to a proposed merger of US utilities Exelon and Constellation Energy, the combined company will be in a better position to finance the continued transition to cleaner energy sources, which in the US goes beyond renewables to include natural gas and clean coal.
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Commission sees market role in protecting wildlife, habitats
05 May 2011Market-based instruments should be one of the tools used to protect global flora and fauna, the European Commission said this week, in a strategy aimed at protecting biodiversity over the next decade.
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Solar firms struggle in tough first quarter
05 May 2011Solar manufacturers have started reporting first quarter results, with policy uncertainty among the factors lowering profits and leading to a gloomy outlook for the next three months.
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Italian solar sector may get three-month subsidy reprieve
05 May 2011Italian solar developers appear to have won a small reprieve, with the government indicating current incentives for solar installations will be extended until the end of August.