News

  • US loan guarantee deadline will be missed, concedes DOE

    22 September 2011

    Disappointment awaits some of the renewables developers hoping their loan guarantees will be approved before next week's deadline, according to a US Department of Energy official. Meanwhile, Republicans in the House of Representatives are questioning whether the department is rushing to complete approvals in light of its role in funding the now bankrupt solar panel manufacturer Solyndra.

  • Developer casts doubt on eastern European renewables plans

    22 September 2011

    Some plans laid down by eastern European countries on how to meet their EU renewable energy targets by 2020 are based on "heroic assumptions", according to a developer active in the region.

  • PACE consortium directs $1.5bn to energy-efficient buildings

    22 September 2011

    A new consortium will invest $1.5 billion in private capital to support US cities in financing energy retrofits in the commercial sector, utilising the Property Assessed Clean Energy (PACE) model.

  • Carbon offset markets key to $100bn climate finance target – World Bank

    22 September 2011

    Removing fossil fuel subsidies, pricing carbon dioxide (CO2) emissions at $25 a tonne and a thriving carbon offset market are key to providing the developing world with $100 billion a year in climate finance, according to a leaked World Bank report.

  • Bond markets could finance UK home retrofits

    20 September 2011

    To finance energy-saving improvements to thousands of UK homes, local authorities should band together to form a 'Green Deal warehouse' and issue bonds, a report due out tomorrow will argue.

  • Green taxes to pave way to 'resource efficient Europe'

    20 September 2011

    The European Commission has drawn up a "roadmap to a resource efficient Europe", which it believes shows the way for the EU to decouple economic growth from resource use and prepare for a more sustainable future based on innovation. EU environment commissioner Janez Potočnik called for more green taxes to bolster the shift, but he shied away from announcing any bold changes in policy.

  • Renewable energy developers shackled on tax breaks

    20 September 2011

    Persuading the US Congress to allow renewable energy projects to use master limited partnerships (MLPs) to secure financing is likely a pipe dream in the current political environment, experts said.

  • Biofuels firm Mascoma eyes $100m IPO

    19 September 2011

    US biofuels firm Mascoma is planning to raise $100 million in an initial public offering (IPO).

  • Buyers sought for turbine maker Proven Energy

    19 September 2011

    Scottish wind turbine manufacturer Proven Energy has been put into receivership, following the discovery of a defect in one of its models.

  • EBRD invests €40m in Turkish clean energy fund

    19 September 2011

    An equity fund to invest in clean energy projects in Turkey has received a €40 million ($54 million) shot in the arm from the European Bank of Reconstruction and Development (EBRD).