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SAM founder Ringger launches sustainable bank
28 October 2010Sustainable investment veteran Reto Ringger is setting up bank aimed at private investors.
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Smart grid crucial to renewables revolution – but who will pay?
21 October 2010A modernisation of the electricity network will be essential if Europe's utilities are to switch to renewable power generation at the scale hoped, according to firms and investors in the smart grid space.
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Review of Equator Principles begins
21 October 2010A strategic review of the Equator Principles (EPs) – a set of environmental and social criteria for responsible project finance – started this week.
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Carbon price alone cannot unlock US nuclear ambitions
21 October 2010A federal carbon price would provide a major boost to the US nuclear power industry, but would not solve all its problems, experts said.
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UTC acquires Clipper in £70m deal
21 October 2010Ailing US-based wind turbine maker Clipper Windpower has been snapped up by major stakeholder United Technologies Corporation (UTC), in a £70 million ($111 million) cash deal announced on Monday.
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Correction: Ex-Im set to support massive Indian coal project
21 October 2010Correction: An earlier version of this news story incorrectly stated that the memorandum of understanding between Reliance and Ex-Im Bank was only signed by Ex-Im; Environmental Finance has since received confirmation the document was signed by both parties.
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Banker tips $10bn green bond market, but urges framework clarity
21 October 2010The value of environmental bond issuance could reach $10 billion by the end of next year, a developer of green financial products said, but warned a clear and transparent framework is necessary to foster the growth of the asset class.
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Government regulation needed, say US sustainable business pioneers
21 October 2010Progressive businesses in the US are focusing on sustainability efforts they can engage in without government direction, but their efforts can only go so far.
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£1bn GIB funding not enough: industry
21 October 2010Industry and green groups have welcomed the UK government's commitment to allocate £1 billion ($1.6 billion) to create a green investment bank (GIB), but say the figure is well below what is required.
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Renewable heat programme, feed-in tariffs survive UK cuts
21 October 2010The UK renewables industry welcomed yesterday's news that incentives for renewable heat installations and small-scale renewables will survive a round of cuts which will slash 20% from public spending.