News

• US closes in on 50GW of wind

  03 May 2012

  The US wind sector is inching closer to the 50GW mark for total installed capacity after a strong first quarter, with developers rushing to take advantage of the production tax credit (PTC) ahead of its pending expiry, according to the American Wind Energy Association (AWEA).

• NGOs slam US banks for increasing coal financing

  03 May 2012

  Three US banks have increased their financing of coal power and mountaintop removal mining (MTR) companies, according to an NGO report.

• US solar developers face financing bottleneck

  02 May 2012

  Developers of solar energy projects may be forced to navigate a tight market for tax equity financing sooner than they expect – if they fail to meet US government requirements to remain eligible for the '1603' cash grant.

• Sustainable Timber & Energy issue oversubscribed

  01 May 2012

  The UK's FIM Services has closed fundraising for its Sustainable Timber & Energy LP fund having raised £20.2 million ($32.9 million) against a target of £20 million. The fund now has total assets of more than £65 million, invested mostly in a portfolio of 55 UK forestry properties and two onshore windfarms in Scotland.

• Energy, water top of North African agenda – EBRD

  01 May 2012

  Installing renewable energy and improving energy and water efficiency will be a key focus of the European Bank for Reconstruction and Development (EBRD) as it deploys to four Mediterranean countries.

• US, Italy, Spain challenged in meeting clean energy targets

  01 May 2012

  Changes to renewable energy incentives in the US, Italy and Spain will make it harder for those countries to meet their clean energy mandates and emission reduction targets, according to Deutsche Bank.

• Governments need to get serious on energy efficiency – E3G

  01 May 2012

  Struggling economies can drive growth and create jobs by investing in energy efficiency, but it will not happen without better government support, says a report from think-tank E3G.

• Asset owners misunderstand sustainable investment

  01 May 2012

  Asset owners could help boost sustainable investing by engaging more with investors on their progress in the area, say experts.

• Preliminary solar tariff level 'fair' – JinkoSolar

  30 April 2012

  JinkoSolar would not challenge tariffs on solar imports into the US if they are set at the same level as the preliminary penalties that regulators imposed on Chinese solar manufacturers in March, according to a company official.

• IFC launches first green bond aimed at US investors

  30 April 2012

  The International Finance Corporation (IFC) has issued a $500 million green bond – the first that the multilateral has targeted at US investors.