News

  • Wealthy US families pool resources in $1.4bn clean-tech fund

    23 June 2011

    Eleven wealthy US families have formed the Cleantech Syndicate, to invest $1.4 billion in clean technology companies over the next five years.

  • Google, Citi pour more money into giant US wind project

    23 June 2011

    Google and investment bank Citi have boosted their investments in the largest wind farm in the US.

  • Kior raises IPO target, appoints Condi

    23 June 2011

    Former US Secretary of State Condoleezza Rice is to join the board of biofuels company Kior, as the firm aims to raise more than $241 million in an initial public offering (IPO).

  • EU energy efficiency proposal 'destined for failure', say enviros

    23 June 2011

    The European Commission has put forward a proposal which it claims will enable the EU to meets its 2020 energy efficiency target. But the EU executive body has shied away from making the target binding and environmental lobbyists claim that the proposal is therefore destined for failure.

  • Renewables developers urged to set up 'captive' insurance firms

    23 June 2011

    Renewable energy project developers should consider using 'captive' insurance companies to cover risks that are difficult or expensive to insure in the commercial market, according to a top insurance broker.

  • $800m solar fund to build 1GW of PV

    23 June 2011

    A new renewable energy fund will invest $800 million to bring more than 1GW of photovoltaic (PV) projects online in North America over the next five years.

  • Two months of severe weather to cost insurers $15bn

    23 June 2011

    Severe weather in the US in the last two months will cost the insurance industry an estimated $15 billion, according to Aon Benfield – nearly three times the annual average loss over 1990-2010.

  • Evolving SRI field behind US SIF name change – Woll

    22 June 2011

    The decision to change the name of the US Social Investment Forum (US SIF) to the Forum for Sustainable and Responsible Investment reflects a broadening of the 'socially responsible investment' field, SIF president Lisa Woll told Environmental Finance.

  • Roll the dice for … ethical finance

    21 June 2011

    A new board game aims to educate players about the social and environmental impact of financial decisions.

  • Modest tariff cuts could keep UK solar on track – report

    21 June 2011

    The UK government has been overzealous in its cuts to solar feed-in tariffs, says a study from consultancy Ernst & Young, which argues that less severe reductions are necessary to deliver attractive returns for developers.