News

  • Sandy could be most expensive US storm since Katrina

    02 November 2012

    Superstorm Sandy could be the costliest US natural disaster for the insurance industry since Hurricane Katrina in 2005, according to Eqecat.

  • Developer has grid parity in sight for giant Serbian solar project

    01 November 2012

    The developers of a giant €1.75 billion ($2.27 billion) solar park in Serbia say the project is set to go ahead without any feed-in tariff, and will be able to sell its power at so-called 'grid parity'.

  • Prices plunge in India's saturated REC market

    01 November 2012

    India's renewable energy credit (REC) market has become the latest environmental market to see prices collapse under a flood of supply – although observers are hopeful that regulators will intervene.

  • EU backloading plan 'likely to take middle road' – poll

    01 November 2012

    A rescue plan for Europe's struggling carbon market is likely to propose postponing the sale of between 600 million and 900 million allowances, according to a snap poll of analysts.

  • Businesses need to value water - report

    01 November 2012

    Businesses have been urged to step up efforts to understand the importance of water to their operations by a new report that argues that the true value of the commodity is not reflected in its price.

  • Banks must disclose their 'financed emissions' – RAN

    31 October 2012

    The Rainforest Action Network (RAN) has urged big banks to disclose and reduce emissions from their lending, underwriting and investing activities.

  • Sandy US insured losses up to $15bn - AIR

    31 October 2012

    AIR Worldwide has estimated that insured losses from Sandy to onshore properties in the US will be between $7 billion and $15 billion.

  • Shale gas can help boost renewables: asset manager

    31 October 2012

    The boom in shale gas has the potential to boost the renewables industry, according to Impax Asset Management, which sees immediate investment opportunities in helping limit fracking's environmental impact.

  • CCS shortlist leaves out one of the UK favourites

    30 October 2012

    The UK government has drawn up a shortlist of four projects in the running for its £1 billion ($1.6 billion) carbon capture and storage (CCS) funding competition, but has shunned a bid widely seen as one of the likely winners.

  • Investors eye REITs to finance US solar projects

    30 October 2012

    The US Internal Revenue Service (IRS) could soon allow renewable energy sponsors to use real estate investment trusts (REITs) to finance their projects, according to one financing expert.