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CCS project for sale as coal company hits skids
16 December 2010The UK's carbon capture and storage (CCS) ambitions have received a blow after funding problems forced the developer of a major CCS project into administration.
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Datang raises $643m in Hong Kong IPO
16 December 2010Chinese power firm Datang International has floated its renewable power arm on the Hong Kong Stock Exchange, raising around US$643 million.
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Mexico in line for $4bn energy storage unit
16 December 2010A planned 1,000MW energy storage facility in Mexico will supply energy from solar and wind farms to US and Mexican power users, the developers said.
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US offshore wind developer triples its ambitions
16 December 2010The developer of a wind farm in the waters off the east coast of the US now hopes to erect 1GW of turbines in a project that will supply electricity across state lines.
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US and China could revive carbon tax debate
15 December 2010The US and China can lead the way in revitalising carbon taxes as a viable mechanism for reducing emissions, finance researchers say.
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Courts to force carbon cuts on US utilities?
09 December 2010The US Supreme Court will consider whether lawsuits that seek to force utilities to mitigate their carbon dioxide (CO2) emissions can proceed in federal courts.
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11th hour rescue for renewables cash grant?
09 December 2010A last-ditch effort to preserve the critical US Treasury grant programme for renewable energy projects may fall short amid Republican opposition, despite the urgent pleas of renewable trade associations, developers and green groups.
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More jitters as France, Spain cut renewables support
09 December 2010Uncertainty about government support for Europe's renewable sector has deepened, with France suspending feed-in tariffs for new solar photovoltaic (PV) installations and Spain slashing subsidies for wind and solar thermal projects.
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€500m boost for China climate projects
09 December 2010The European Investment Bank (EIB) will lend China €500 million ($664.3 million) to fund climate change mitigation projects which are expected to avoid the release of up to 3 million tonnes of carbon dioxide emissions (CO2) annually.
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US government launches clean energy export push
09 December 2010Eight US government departments have come together in a major push to promote renewable energy and energy efficiency exports, which includes promises of new financing tools.