News

• Renewables M&A deals up 40% in 2011 – PwC

  30 January 2012

  Mergers and acquisition (M&A) deals in the renewables market rose 40% last year, "driven by industry shake-out", says consultancy PwC.

• UK invests £110m in IFC climate funds

  27 January 2012

  The UK government has invested £110 million ($157 million) into two new commercial funds, aiming to leverage in at least £3 billion of private capital for green investments in developing countries.

• Expiring tax credit threatens US wind expansion

  27 January 2012

  The US Congress should extend the production tax credit (PTC) for wind before the end of the first quarter of 2012 to keep the industry growing at its current robust rate, according to the American Wind Energy Association (AWEA).

• ADB places second water bond

  27 January 2012

  The Asian Development Bank has raised $265 million from Japanese investors into its second water bond.

• UK carbon tax could 'devastate industry' – MPs

  26 January 2012

  A committee of UK parliamentarians has warned that the government's planned top-up tax on emissions allowances could have a "devastating effect" on industry.

• Rising tide for Impax water strategy

  26 January 2012

  Environmentally themed investment funds have had a difficult time of late, but Impax Asset Management claims its water strategy has performed better than most.

• Recycling fund delivers 50% return since 2008

  26 January 2012

  A UK recycling fund has reached £100 million ($157 million) in assets and delivered an almost 50% return since its launch in 2008.

• S&P sets out solar securitisation challenges

  26 January 2012

  Securitisation may be a "viable option" for solar photovoltaic (PV) developers, says rating agency Standard & Poor's (S&P), but it has set out a list of concerns that are likely to prove daunting to structurers and credit ratings firms.

• Obama restates clean energy commitment, omits targets

  26 January 2012

  Despite failing to enact comprehensive climate legislation, there is no reason the US Congress should not pass a clean energy standard (CES) and grant related tax credits, President Barack Obama said during his State of the Union address on Tuesday.

• Congress, not EPA, needs to act on emissions – Alexander

  26 January 2012

  Congress should move on legislation to deal with nitrogen oxides (NOx), sulphur dioxide (SO2) and mercury emissions so the US Environmental Protection Agency (EPA) does not have to devise regulations for these pollutants, a Republican senator said Monday.