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Total makes bid to buy SunPower
03 May 2011French oil firm Total has made a friendly takeover offer for SunPower, which values the California-based solar manufacturer and project developer at $2.3 billion.
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Acquisition boosts Suez Environnement earnings nearly 30%
02 May 2011French water and waste firm Suez Environnement posted a nearly 30% rise in first quarter pre-tax earnings while revenue was up 14%, boosted by the acquisition of Spanish water and services group Agbar.
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AEP sets new 2020 carbon reduction targets, but warns its hands are tied on climate
28 April 2011Giant coal-burning utility American Electric Power (AEP) has set a new goal for reducing greenhouse gas (GHG) emissions, following the expiry of its targets under the Chicago Climate Exchange (CCX) programme.
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CCS boost as $1.3bn Saskatchewan project gets nod
28 April 2011Canadian authorities have given the green light to a C$1.24 billion (US$1.3 billion) carbon capture and storage (CCS) demonstration plant in Saskatchewan, which aims to slash annual greenhouse gas emissions by around 1 million tonnes of carbon dioxide equivalent.
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BrightSource eyes $250m IPO
26 April 2011California-based solar thermal developer BrightSource Energy hopes to raise up to $250 million in an initial public offering (IPO), it said on Friday in a filing to the US Securities and Exchange Commission.
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Biofuels could meet a quarter of transport need without starving the poor – IEA
21 April 2011Global biofuel use could increase more than 13-fold by 2050 and meet more than a quarter of demand for transportation fuel, without jeopardising food and environmental security, the International Energy Agency (IEA) has said.
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EnBW eyes €8 billion renewables investment, bemoans nuclear shutdown
21 April 2011German utility EnBW plans to almost double its renewable power capacity in the next 10 years, requiring an investment of €8 billion ($12 billion).
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India to launch emissions trading scheme to tackle local air pollution
21 April 2011India is to launch its first emissions trading scheme (ETS), an air-pollution reduction pilot programme in three states that may go national in future.
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EIB backs Latin American 'ecosystem enterprises' fund
21 April 2011The European Investment Bank (EIB) has joined a handful of socially responsible investors in backing an innovative fund that will invest in businesses that protect ecosystems.
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APX-Endex to launch wood pellet trading platform
20 April 2011Biomass power stations will be able to trade wood pellet futures on an exchange for the first time when APX-Endex launches future contracts later this year.