News

  • Impax AUM up 20% driven by market gains, US activity

    10 October 2013

    Strong market gains and a significant rise in US investment activity contributed to a 20% rise in assets under management for Impax in the past 12 months, despite the recent closure of its Asian strategy.

  • French cleantech fund makes first US investment

    10 October 2013

    A young Paris-based venture capital firm specialising in clean energy and environmental technologies has bought an undisclosed stake in a Californian energy efficiency company.

  • Small changes in legislation 'could boost green economy'

    10 October 2013

    Relatively minor changes in legislation, in just a few jurisdictions, could have a major impact on the green economy, claims Nick Silver, managing director of the Climate Bonds Initiative.

  • Number of operational CCS projects up 50%, but total pipeline shrinks

    10 October 2013

    The number of operational carbon capture and storage (CCS) projects has risen by 50% in the past year, but the overall pipeline has taken a hit after 12 projects were cancelled or put on hold, according to a report.

  • OECD chief backs warnings on 'stranded assets'

    09 October 2013

    If governments impose caps on carbon emissions, the risk of "unburnable" fossil fuel assets "could have a significant impact on the valuation of some companies", Angel Gurria, secretary general of the OECD said today.

  • Chinese PV maker bids for stake in bankrupt Suntech unit

    09 October 2013

    A Chinese solar panel manufacturer has disclosed plans to inject cash into Suntech's insolvent manufacturing unit as it placed a bid for a stake in the debt-laden solar module giant.

  • US, Chinese investors snap up convertible green bonds

    09 October 2013

    Goldpoly New Energy Holdings, a Chinese solar energy company, has successfully raised $50 million through the sale of convertible bonds to institutional investors.

  • Second round of NER300 sales to start next month

    09 October 2013

    The second round of emissions permit sales under the NER300 initiative will begin in mid-November, the European Investment Bank (EIB) has announced.

  • Coal assets to suffer most from fossil fuel 'divestment stigma'

    08 October 2013

    Coal stocks are more vulnerable than oil and natural gas to the fossil fuel divestment movement, according to a new study which has called on investors to evaluate the "poorly understood and regularly mispriced" environmental risks in their portfolios.

  • Swedish pension fund to reduce fossil fuel exposure in emerging markets

    08 October 2013

    One of Sweden's largest pension funds is to invest in a new low-carbon equity fund to lower its emissions and fossil fuel exposure in emerging markets.