News

  • RWE blames 'solar boom' as it axes 4.3GW of gas and coal

    15 August 2013

    Energy giant RWE said it will take up to 4.3GW of fossil fuel-fired capacity offline as a result of "the continuing boom in solar energy", and placed a further 2GW under review.

  • Danish pension fund invests in 'one of the last' UK power-only biomass projects

    14 August 2013

    A Danish joint venture has acquired a UK-based biomass plant from its developer, which warned the project could be one of the last power-only biomass stations to be built in the country because of a recent policy change.

  • SolarCity buys direct marketing company for $120m, raises installation forecast

    14 August 2013

    SolarCity has acquired a direct marketing company focused on the residential solar market for $120 million, in a deal it said will generate new customers and increase its installation levels.

  • Banking woes create opportunities in renewables finance, says fund

    13 August 2013

    Banks' lack of enthusiasm for long-term lending is opening up opportunities for specialist investors in the renewable energy sector, a leading infrastructure fund has claimed.

  • World Bank issues $550m green bond

    12 August 2013

    The World Bank has returned to the green bond market in a follow-up to its record-breaking $1 billion offering earlier this year.

  • Private equity-backed wind developer files for up to $345m IPO

    12 August 2013

    A wind power developer backed by a leading private equity investor in renewable energy is aiming to raise up to $345 million in a stock market listing.

  • Utility in R$1.4bn renewables investment

    12 August 2013

    One of Brazil's largest utilities is to invest R$1.4 billion (US$ 620.5 million) in a renewables firm.

  • Former UK climate minister to chair biomass company

    12 August 2013

    Chris Huhne, the former UK Secretary of State for Energy and Climate Change who recently served a prison sentence, has been appointed as chairman of US firm Zilkha Biomass Energy.

  • Trading firm 'enters Japanese solar market' with $362m investment

    09 August 2013

    A Japanese trading company plans to invest ¥35 billion ($362 million) to build four solar power plants in the country, according to reports.

  • Agriculture assets at 'significant risk' of becoming devalued – report

    09 August 2013

    Climate change could cause assets in the agriculture sector to become 'stranded', a report has claimed, warning that an extreme loss of natural capital could result in $11.2 trillion being wiped off the value of agriculture assets in one year.