News

  • Munich Re, REpower sign first offshore wind insurance deal

    06 December 2012

    Munich Re has sold what it says is the first ever insurance product to protect an offshore wind turbine maker from serial losses, as it targets around €500 million ($653 million) of business from renewable energy by 2015.

  • New water trading fund up and running

    04 December 2012

    A pioneering new fund focusing exclusively on Australia's traded water market is already allocating capital and has seen strong interest from overseas investors, according to its fund manager.

  • Sustainable banks outperform the world's biggest lenders

    04 December 2012

    Sustainable banks have generated greater returns and lent a greater proportion of their capital to businesses than the world's biggest banks over the past decade, according to a report.

  • EU to start work on post-2020 renewables support

    04 December 2012

    EU energy ministers meeting in Brussels on Monday invited the European Commission to start work on a post-2020 policy framework for renewable energy to "ensure that the strong impetus provided by the current legislative framework is not lost".

  • Biggest photovoltaic project in Africa seeks finance

    04 December 2012

    A UK renewables developer has unveiled plans to build Africa's biggest photovoltaic (PV) solar project in a move it believes has the potential to trigger a clean energy revolution in the region.

  • EU, US eye Durban Platform timetable

    03 December 2012

    EU and US officials are hopeful that a timetable for negotiations on a new international climate change agreement will be agreed at the UN talks in Doha this week – although to varying degrees.

  • CSAPR rehearing decision expected soon – but rescue seen unlikely

    03 December 2012

    The DC Circuit Court is likely to decide whether to rehear a decision invalidating the Cross-State Air Pollution Rule (CSAPR) in the next few months, but market participants are not expecting a judicial rescue.

  • US slips behind Germany in E&Y renewables index

    30 November 2012

    Policy uncertainty has seen the US drop from joint second to third place behind Germany in the latest edition of Ernst &Young's renewables investment attractiveness index.

  • Demand for new cat bonds 'excellent' despite Sandy

    30 November 2012

    A recently launched $400 million catastrophe (cat) bond shows investors have not been put off the asset class by superstorm Sandy, according to a cat bond structurer.

  • EUAs hit record lows as backloading plan is delayed

    30 November 2012

    The price of EU carbon permits hit record lows today after the European Commission admitted that plans to 'backload' 900 million tonnes of allowances will not be agreed by the end of 2012.