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Offshore wind farm closes €1.2bn financing
08 August 2011A project to install 80 wind turbines off the German coast completed its financing on Friday, according to its major backer, private equity group Blackstone, with support from German development bank KfW.
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US wind installations soar – but future remains uncertain
05 August 2011The US wind energy sector is continuing to recover from the credit crunch with turbine installations on the rise in 2011, according to the American Wind Energy Association (AWEA), but future growth could be undermined by an uncertain federal policy environment.
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US clean-tech VC plummets 44% in Q2
05 August 2011US venture capital (VC) investment in clean-tech companies dropped 44% in the second quarter compared to the same period last year, according to consultancy Ernst & Young (E&Y).
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Biomass and CCS combo could suck up 10GT of carbon
04 August 2011Using biomass for electricity or transport fuel then capturing and locking away the carbon dioxide (CO2) emissions underground could take up to 10 billion tonnes (GT) of CO2 out of the atmosphere in 2050, according to a study by consultancy Ecofys and the IEA Greenhouse Gas R&D Programme.
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US debt deal likely to gut clean energy support
04 August 2011The deal to raise the US debt ceiling may have averted a disastrous credit crisis, but it is bad news for the clean energy sector.
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Jatropha biofuels set for revival after 'extraordinary collapse'
04 August 2011Confidence is returning to the jatropha biofuels sector, say analysts, despite two scientists this week publishing a withering critique of its success so far.
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Buyers shun Ecuador's megadam carbon credits
04 August 2011The Ecuadorian government is hoping to sell 13.5 million certified emission reductions (CERs) from its controversial Coca Codo giant hydro project, but attempts to find buyers have fizzled out.
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ABB wins $1bn contract to plug in Germany's offshore wind farms
03 August 2011ABB has won a $1 billion contract to connect wind farms in the North Sea to the German electricity grid.
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China surprises with solar tariff announcement
03 August 2011China announced a national feed-in tariff (FiT) for solar power installations this week, possibly signaling a long-awaited boom in solar development in China.
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UK's electricity reforms to bring investment, structuring opportunities in renewables
02 August 2011The UK's proposed electricity market reforms will tempt a wider range of investors to put money into renewables, and lead to a blossoming of structured products and financial services for developers, according to energy aggregator Smartest Energy.