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Chinese cleantech fund reaches $40m first close, final target slashed
08 January 2013Chinese private equity firm Nature Elements Capital has raised $40 million in a first close for its Asia Renewables and Cleantech Fund, but has lowered its final target at the request of investors.
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German solar installations drop after subsidy cut – but 2012 still breaks record
07 January 2013Installations of solar power in Germany have plunged since subsidies were slashed – but the world's biggest solar market still reached an annual installation record in 2012.
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Clean-tech VC investments plunged by a third in 2012
04 January 2013Global investments in clean technologies tanked in 2012, as investors shied away from capital-intensive deals and technology risks, according to Cleantech Group.
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US bears the brunt of natural catastrophe losses in 2012 - Munich Re
04 January 2013Hurricane Sandy and severe drought caused the US to suffer 90% of the global insured losses from natural catastrophes in 2012, a report has revealed.
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Buffett backs biggest solar plant
03 January 2013Billionaire investor Warren Buffett has confirmed his faith in solar energy after snapping up a project to build the world's biggest photovoltaic plant, in a deal worth between $2 billion and $2.5 billion.
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Global carbon market slumps 36% in 2012 – BNEF
03 January 2013The value of the global carbon markets tumbled by more than a third in 2012, but is expected to bounce back in 2013, according to Bloomberg New Energy Finance (BNEF)
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US wind industry wins tax credit extension
02 January 2013The US Congress has thrown the domestic wind industry a lifeline by extending and improving a key tax incentive, as part of the deal struck to avoid the so-called 'fiscal cliff'.
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Obama's electoral win top US environmental success of 2012
02 January 2013The re-election of US President Barack Obama was the environmental highlight of 2012, according to a top legal expert.
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Solar will help UK hit 2020 renewables target – government
31 December 2012A boom in wind and solar production has left the UK on track to hit an "ambitious" target of generating 15% of its energy from renewables by the end of the decade, the government has claimed.
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US renewables policies set to come under attack in 2013
24 December 2012Clean energy advocates are preparing to defend state renewable portfolio standards (RPS) in 2013 from conservative groups intent on dismantling them.