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Impax sees 22% rise in AUM
17 May 2013Buoyant equity markets and a growing awareness of environmental themes among institutional investors drove a 22% rise in assets under management (AUM) at Impax.
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Beware governments bearing subsidies
16 May 2013A slew of bankruptcies was triggered when the German government cut subsidies to its solar sector. Annerose Tashiro reflects on the lessons that the industry must learn
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CCS 'on the way to being cost-competitive' in UK
16 May 2013Carbon capture and storage (CCS) has the potential to be cost-competitive with renewables in the UK, a report has claimed, but the government needs to continue to improve its subsidies regime to help bring down the cost of finance.
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EcoSecurities reduces headcount, again
16 May 2013Project developer EcoSecurities has reduced its headcount again, Environmental Finance has learned.
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Australia confirms backloading failure will hurt its carbon price
16 May 2013The failure of EU politicians to fix Europe's emissions market has forced the Australian government to more than halve its carbon price forecast for 2015.
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Investors expect EU, China to avert full-blown solar trade war
16 May 2013The EU and China are likely to reach a compromise rather than declare a full-blown solar trade war because of the damage it would do to demand in Europe, investors believe.
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NY Green Bank seeks president
15 May 2013New York governor Andrew Cuomo has begun the search for a president of the state's recently announced $1 billion green investment bank.
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Tidal energy market 'boosted' by Climex and Tocardo tie-up
15 May 2013Carbon trading exchange Climex has started selling energy generated from turbines produced by Tocardo Tidal Turbines in a move hailed as a "a major step in the development of the tidal energy market".
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Banks back 'broader, more robust' Equator Principles
14 May 2013Financial institutions that have signed up to the Equator Principles (EP) have backed a new, more robust, version of the voluntary rules for banks' project finance activities.
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MBB issues €72m bond to fund wind and solar deals
14 May 2013MBB Clean Energy has raised €72 million ($93.4 million) on the bond market and plans to invest the proceeds in ready-to-operate wind and solar farms.