-
Norway puts €30m into carbon fund
01 February 2009The Norwegian government has invested €30 million in the Nordic Environment Finance Corporation's Carbon Fund.
-
UK offshore wind build in doubt
29 January 2009The UK has the capacity for up to 7,000 more offshore wind turbines, according to a UK government study, but, as trouble continues to dog the flagship London Array project, observers say this potential may not be realised.
-
Renewables lobby takes cheer from House stimulus vote
29 January 2009Voting along party lines, the US House of Representatives approved an economic stimulus package that includes substantial investments in the renewable energy sector and critical adjustments to its tax credit structure.
-
International Renewable Energy Agency launches
29 January 2009An international body to promote renewable power was founded in Berlin this week. Seventy-five countries signed the founding statute of the International Renewable Energy Agency (IRENA).
-
Wal-Mart promises to accelerate sustainability effort
29 January 2009The incoming CEO of US retail giant Wal-Mart has reiterated the firm's commitment to sustainability, pledging to reduce packaging and environmentally-damaging detergents – but many of its critics remain to be convinced.
-
EC proposes €1.75 bn CCS, renewables boost
29 January 2009European Union energy projects, including carbon capture and storage (CCS) technology and offshore wind farms, could receive a €3.5 billion ($4.6 billion) cash injection under plans proposed by the European Commission on Wednesday.
-
Panda Ethanol subsidiary goes bankrupt
29 January 2009A subsidiary of Panda Ethanol in the US has filed for protective Chapter 11 bankruptcy and is in negotiations to sell its troubled ethanol refinery project in Hereford, Texas, following a financial dispute with a major lender.
-
$250m environmental fund to chase 'cheap' assets
29 January 2009Geneva-based asset manager Unigestion is to launch an environmental private equity fund-of-funds that aims to take advantage of "the significant fall in the price of sustainability assets to levels not seen since 2004".
-
PwC buys Sustainable Finance
22 January 2009PricewaterhouseCoopers (PwC) has bought boutique consultancy Sustainable Finance for an undisclosed sum.
-
US stimulus package proposes $54 billion clean energy spend
22 January 2009The economic stimulus package being considered by the US House of Representatives features sizeable investments in clean energy projects and infrastructure that could boost the sector.