News

  • South African renewables projects worth $3.1bn reach financial close

    13 May 2013

    The South African government's renewable energy programme has seen projects worth a total of $3.1 billion reach financial close, in the initiative's second financing round.

  • UN calls for more climate finance as emissions reach new levels

    13 May 2013

    The UN's climate chief has called for an increase in climate finance as the concentration of carbon dioxide (CO2) in the world's atmosphere passes a key threshold.

  • UK Green Investment Bank appoints general counsel

    13 May 2013

    The UK's Green Investment Bank (GIB) has appointed Euan McVicar, currently a partner at law firm Pinsent Masons, as its general counsel.

  • BioAmber completes $80m IPO after slashing offer price

    10 May 2013

    Biochemicals company BioAmber sold eight million shares to the public today in a listing described by one analyst as 'a huge victory' for the industry.

  • New and improved PRI framework released

    09 May 2013

    The UN-supported Principles for Responsible Investment (PRI) initiative has published a new reporting framework, after amending the proposals in response to concerns that the process would be too time consuming for signatories.

  • Waste conversion projects struggle to attract finance as banks shy away

    09 May 2013

    Developers of advanced waste conversion plants are struggling to secure project finance from banks as the projects are perceived as too risky, a conference heard.

  • First green bond verified using industry standards

    09 May 2013

    An environmental bond has for the first time been certified using a set of standards supported by investor-focused NGO the Climate Bonds Initiative (CBI).

  • UK's Green Investment Bank catalyses £2.3bn of investment

    09 May 2013

    The UK's Green Investment Bank (GIB) has mobilised £2.3 billion ($3.6 billion) of capital in its first five months of operation, with every £1 it invested being matched by almost £3 from the private sector, it said today.

  • Offshore wind investment to surge to €130bn by 2020

    08 May 2013

    Investments in offshore wind power are set to increase more than 15-fold by 2020, but developers must be able to reduce energy generation costs by 30% by that year to be competitive, a consultancy has said.

  • PV breaks through 100GW mark, but Europe's dominance 'to end'

    08 May 2013

    Europe is set to lose its role as the leading installer of solar photovoltaic (PV) power in the current year, a new report has forecast.