News

  • Nordex sells 27.5MW of onshore wind capacity to investment firm

    11 July 2014

    German wind turbine maker Nordex has sold two French wind farms, with a combined capacity of 27.5MW, to GN Renewable Investments, based in Luxembourg. The price paid was not disclosed.

  • Suzlon bondholders approve $546.9m debt restructuring

    10 July 2014

    Indian wind turbine manufacturer Suzlon has gained approval from bondholders to restructure $546.9 million of existing bonds into convertibles.

  • Senate rejects attempt to repeal Australia's carbon tax

    10 July 2014

    Australia's senate has voted down the government's attempt to repeal the controversial Carbon Pricing Mechanism or 'carbon tax'.

  • Barclays-MSCI Green Bond Index may assess performance of issuers

    10 July 2014

    The proposed green bond index from Barclays and MSCI is likely to take the issuer's green credentials into consideration when deciding which bonds to include.

  • EU launches €3.7bn PPP to develop bio-based economy

    09 July 2014

    A €3.7 billion ($5.0 billion) public-private partnership has been launched to develop a range of technologies to convert biomass into chemicals, energy and new materials.

  • Shell underestimates 'stranded assets' risk, says Carbon Tracker

    09 July 2014

    Royal Dutch Shell is underestimating the risk that some of its oil and gas reserves could become 'stranded assets' as a result of action to combat climate change, according to the Carbon Tracker Initiative (CTI), a financial sector think tank.

  • Italy sees new type of green bond come to the market

    09 July 2014

    Italy's second green bond this year will be its first from a pure-play renewables firm, and will be structured in a way the market has not seen previously.

  • European Commission backs CCS project with €300m

    08 July 2014

    The UK's Capture Power consortium was today awarded a €300 million ($408 million) grant by the European Commission to develop its White Rose carbon capture and storage (CCS) project near Selby, Yorkshire.

  • Germany's KfW commits to green bond issues

    08 July 2014

    German development bank KfW is planning to issue a series of green bonds, starting with a €500 million - €1 billion ($680 million - $1.4 billion) issue later this year.

  • Greenstream secures licences to trade in China's carbon markets

    08 July 2014

    Greenstream Network has been granted licences to trade emission allowances and carbon offset credits in three of China's seven pilot emissions trading programmes.