News

• SolarCity to offer asset-backed securities to the public

  16 January 2014

  SolarCity plans to follow its issue of bonds backed by solar panels by offering similar products online to retail investors.

• World Bank issues first floating-rate green bond

  16 January 2014

  The World Bank's International Bank for Reconstruction and Development has issued a $550 million climate bond with an 18-month floating rate.

• Plans for £150m UK bioethanol plant are shelved

  16 January 2014

  Plans to build a £150 million ($246.2 million) bioethanol plant in the UK are set to be shelved in favour of recommissioning a plant in the US, where legislation is more favourable to investment, Environmental Finance has learned.

• Clean energy investments slump 12% in 2013 - BNEF

  15 January 2014

  Global investment in clean energy fell 12% to $254 billion in 2013, according to data from Bloomberg New Energy Finance (BNEF). This follows a decline of about 9% between 2011 and 2012.

• Energy storage market 'set for massive boom'

  15 January 2014

  The global market for grid-connected energy storage is "set to explode" in the coming years, driven by the US, Germany and Japan, a report has claimed.

• Texas wind stake takes Google's renewables portfolio above 2GW

  15 January 2014

  Internet giant Google has added to its fast-growing portfolio of renewable energy assets with a $75 million investment in the Panhandle 2 wind farm near Amarillo in Texas. This takes the company's total renewables generation capacity above 2GW.

• Morgan Stanley launches impact investing competition

  15 January 2014

  Morgan Stanley has launched a global competition to find market-based solutions to environmental and social challenges.

• EIB green bond hits record-breaking €1.5bn after 'tap'

  14 January 2014

  The European Investment Bank (EIB) has completed a new tranche of one of its green bonds, making it the largest issue in the market.

• Danish pension funds invest in 'groundbreaking' public-private climate fund

  14 January 2014

  Some of Denmark's biggest pension funds and a private investment firm have invested in a climate fund focused on developing countries launched by the Danish government.

• Former Deutsche analysts launch energy consultancy

  14 January 2014

  Mark Fulton and Mark Lewis, both former analysts at Deutsche Bank, have set up a new consultancy to advise on financial and policy risks arising from the global transition from fossil fuels.