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Matrix raising funds to tap UK solar potential
20 January 2011Financial services company Matrix Group has launched two venture capital trusts in a linked offer which aims to raise £25 million ($40 million) to fund clean energy investment, primarily in solar projects in the UK.
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Gulf oil states urged to swap oil subsidies for solar
20 January 2011Solar photovoltaic (PV) would be more economically viable than oil-fired electricity generation in oil-rich Gulf states, Bloomberg New Energy Finance (BNEF) said today.
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Masdar and others mull VC fund launches for 2011
20 January 2011Masdar's venture capital unit is considering two fund launches in 2011, according to Erik Martel, a principal at the firm.
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Carbon thefts see traders stay out of EU market
20 January 2011Trading in the EU carbon market has slowed to a crawl following the decision yesterday afternoon by the European Commission to suspend transactions in all EU member states' allowance (EUA) registries, following the latest in a string of "security breaches".
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Fossil fuel-free Pepsi 'doable' says analyst
20 January 2011Pepisco's plans to go fossil fuel-free in the UK and Ireland by 2023 are entirely feasible – provided the company is prepared to pay, an analyst says.
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China state visit nods to climate, energy issues
20 January 2011Energy and climate change issues are competing for attention on a packed agenda as the presidents of the US and China meet this week in Washington, DC.
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California puts the brakes on emissions
19 January 2011The same elections that knocked carbon trading off the US federal agenda gave the green light to a comprehensive carbon cap-and-trade programme in California. Gloria Gonzalez reports
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Vestas wins Zayed Future Energy Prize, donates money to finalists
19 January 2011Danish wind turbine maker Vestas was yesterday named the third winner of the Zayed Future Energy Prize, but declined to accept the $1.5 million which comes with the award.
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Green certificate trading given green light in California
17 January 2011California's energy regulator has lifted a moratorium on utilities meeting renewable energy targets using renewable energy certificates (RECs) traded separately from the underlying power, but has maintained a tight cap on the percentage of the RECs that can be used to meet the state's Renewables Portfolio Standard (RPS).
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Forging a new path
14 January 2011South Korea is investing billions of dollars in an effort to reorientate its economy towards "green growth". Joshua Speckman reports on an experiment without precedent