News

  • Mainstream group wins 360MW wind contracts in South Africa

    30 October 2013

    A consortium led by Ireland's Mainstream Renewable Power is poised to invest ZAR 9 billion ($913 million) to develop three new wind farms in South Africa with a combined capacity of 360MW.

  • Italian environmental fund exceeds target for first close

    29 October 2013

    Ambienta, an Italian private equity investment manager, has announced the first close of its second fund focussed on European environmental technology companies.

  • Solar leasing model rolled out to energy storage sector

    29 October 2013

    A pioneering energy storage company is to allow customers to install its technology for no upfront cost, as it adopts a leasing finance model similar to those used by rapidly expanding solar companies.

  • Pension savers urged to press funds for action on climate change

    29 October 2013

    A campaign was launched today attempting to mobilise UK savers to demand that their pension funds take action on climate change amid warnings of 'stranded assets'.

  • Climate change risks to energy sector are underestimated, warn investors

    28 October 2013

    The rapid and dramatic changes to the global energy market wrought by the US shale gas revolution should serve as a warning of the changes that could arise from climate change, says a new report.

  • Call to financiers to fund emerging markets renewables revolution

    28 October 2013

    Financiers need to help the renewables industry shift its focus from the "dying" Western subsidies market and embrace the "phenomenal revolution" in emerging markets, a conference heard.

  • NGOs claim victory as Arctic drilling platform plans scrapped

    25 October 2013

    Plans to build two Arctic oil drilling platforms have been scrapped after environmentalists warned the project's financiers that the activities would jeopardise the future of one of the most endangered whale species.

  • Investors and businesses lobby for early EU ETS reform

    25 October 2013

    A group of 53 businesses, investors and trade associations has called on the European Commission to bring forward, to the end of this year, draft legislation to reform the beleaguered EU Emissions Trading System (ETS).

  • $3trn investor coalition heaps 'stranded asset' pressure on fossil fuel firms

    24 October 2013

    A coalition of investors worth $3 trillion has joined forces to write to 45 of the biggest oil and gas companies demanding how they are dealing with the threat of 'stranded assets'.

  • Renewables company bond issue raises three times its target

    24 October 2013

    A UK renewable energy supplier has raised £15 million ($24 million) – three times its initial target – in an oversubscribed bond issue.