Archive

  • Solar firms struggle in tough first quarter

    05 May 2011

    Solar manufacturers have started reporting first quarter results, with policy uncertainty among the factors lowering profits and leading to a gloomy outlook for the next three months.

  • Italian solar sector may get three-month subsidy reprieve

    05 May 2011

    Italian solar developers appear to have won a small reprieve, with the government indicating current incentives for solar installations will be extended until the end of August.

  • Targets will lift Australian clean energy investment to $39bn by 2020

    04 May 2011

    Renewable energy investment in Australia could total A$36 billion (US$39 billion) over the coming decade, as the country targets 20% clean energy by 2020, according to Bloomberg New Energy Finance (BNEF).

  • Total makes bid to buy SunPower

    03 May 2011

    French 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.

  • Acquisition boosts Suez Environnement earnings nearly 30%

    02 May 2011

    French 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.

  • AEP sets new 2020 carbon reduction targets, but warns its hands are tied on climate

    28 April 2011

    Giant 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.

  • CCS boost as $1.3bn Saskatchewan project gets nod

    28 April 2011

    Canadian 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.

  • BrightSource eyes $250m IPO

    26 April 2011

    California-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.

  • Biofuels could meet a quarter of transport need without starving the poor – IEA

    21 April 2011

    Global 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.

  • EnBW eyes €8 billion renewables investment, bemoans nuclear shutdown

    21 April 2011

    German utility EnBW plans to almost double its renewable power capacity in the next 10 years, requiring an investment of €8 billion ($12 billion).