News

  • BNP spins off clean energy fund

    21 January 2013

    BNP Paribas has agreed the spin-out of BNP Paribas Clean Energy Partners – the manager of a €437 million ($582 million) clean energy fund – which has rebranded as Glennmont Partners and is mulling a new fund.

  • Actuaries would "face ridicule" in considering climate change

    21 January 2013

    Resource constraints and environmental damage could trigger a drastic decline in the global economy, but actuaries say they lack the expertise and data to model them – and would encounter ridicule from their CEOs for even considering it.

  • US trade body rules on wind tower penalties

    18 January 2013

    The US International Trade Commission (ITC) has signed off penalties on wind turbine tower imports from China and Vietnam.

  • New renewables financing structures needed to avoid tax equity squeeze, says advisor

    18 January 2013

    The tax equity market has become tighter and more expensive following the expiry of a key US government subsidy programme, but allowing renewable energy projects to tap into other financing mechanisms would help lower costs, according to one expert.

  • US wind growth to slow after PTC boost – ICF

    18 January 2013

    The extension of the production tax credit (PTC) will provide a temporary boost to the US wind industry, but the sector's growth will slow significantly in the long-term, according to consultancy ICF International.

  • Ceres wins $1.5m NGO Zayed Future Energy prize

    17 January 2013

    US investor, corporate and environmental coalition Ceres has won the NGO category of the Zayed Future Energy prize.

  • Development banks continue to lead renewables lending

    17 January 2013

    Europe and Brazil's state-owned development banks remain the largest lenders to renewable energy projects, according to a ranking of financiers and advisors in low-carbon investment last year.

  • Renewables to struggle to take market share on subsidy costs – BP

    17 January 2013

    Renewables' share of the global fuel mix will remain small in 2030, despite being the fastest growing energy source, as subsidies for the technologies are becoming unaffordable, according to BP's Energy Outlook.

  • Investors almost wiped out as Low Carbon Accelerator grinds to a halt

    16 January 2013

    Investors who sank some £55 million ($88 million) into the UK's first publicly-listed clean-tech venture capital firm are set to recover less than 10% of their investment as the company is wound up.

  • GCF's ability to raise private funds to be tested in 2013 – WRI

    16 January 2013

    The Green Climate Fund (GCF) could be a key tool to entice private capital back to the clean energy sector, according to the World Resources Institute (WRI).