News

  • Geothermal sector hopes for US incentive boost

    15 April 2013

    The US geothermal sector is set to receive a boost if the Internal Revenue Service (IRS) favourably interprets recent changes to the production tax credit (PTC), an investor has predicted.

  • Clean energy investment slumps to four-year low in Q1 – BNEF

    15 April 2013

    Investments in clean energy tanked to a four-year low in the first quarter of this year, driven by sharp falls in technology costs and setbacks in key markets such as the US and China, according to Bloomberg New Energy Finance (BNEF).

  • BioAmber aims to raise $128m in IPO

    12 April 2013

    Biochemicals company BioAmber has set the price range for its planned public listing, amid an upswing of initial public offering (IPO) activity in the clean-tech market.

  • Developers sceptical about Munich Re's geothermal project coverage

    12 April 2013

    Munich Re is trying to remove a major obstacle to the financing of geothermal projects – the drilling risks that have made potential investors skittish about the sector – but developers are sceptical about the coverage.

  • Obama seeks 40% clean-tech spending boost in 2014

    11 April 2013

    US President Barack Obama has proposed a budget that would see a dramatic rise of funding for clean technologies next year, while eliminating $4 billion of annual fossil fuel subsidies.

  • GIB emerges as main Green Deal Finance Co backer

    11 April 2013

    The UK's Green Investment Bank (GIB) provided more than half of the £244 million ($375 million) in financing secured recently by the Green Deal Finance Company (GDFC), it emerged today, with the UK government providing another £50 million separately.

  • Citi warns of climate change impact on equity values

    11 April 2013

    Citi has added its voice to those warning of the risk of "stranded assets" in fossil fuel-based companies, as a result of climate change policies.

  • Solar investors shift towards 'downstream' firms amid slump

    10 April 2013

    Investment in solar services companies has outstripped all other categories in the sector in the first quarter of this year, marking a shift of focus for investors – although overall investment continues to plummet.

  • Topaz set to issue another $250m of solar bonds

    10 April 2013

    MidAmerican Energy's Topaz Solar Farm is set to issue an additional $250 million of 26-year bonds, complementing last year's $850 million landmark bond issue.

  • Major companies call for 'backloading' to pave way for EU ETS reform

    09 April 2013

    A group of major European businesses have urged politicians to back a short-term fix to the EU Emissions Trading System (ETS) that they think will lead to a permanent withdrawal of some allowances from the saturated market.