News

  • 'Huge potential' for water impact on investors, but response limited

    18 November 2010

    Investors are failing to factor water risk into their investment decisions because of a lack of information, according to a leading activist investor.

  • Italian solar projects to be refinanced with €200m bond sale

    18 November 2010

    SunPower Corporation will refinance two Italian solar parks through €200 million ($273 million) in investment-grade bonds.

  • CalPERS puts $500m to work in climate strategy

    18 November 2010

    The California Public Employees' Retirement System (CalPERS) is investing $500 million in an environmental strategy based on HSBC's Global Climate Change Benchmark Index.

  • US renewables lobby calls for two more years of cash grants

    18 November 2010

    The US renewable energy sector does not need the pivotal cash grant programme to become permanent, with a two-year extension sufficient to help the industry survive the economic downturn.

  • US to raid loan guarantees to save clean energy grants?

    11 November 2010

    The US midterm elections may have dealt a fatal blow to the federal cash grant and loan guarantee programmes for the clean energy sector, and financiers and developers are cool on a plan to sacrifice one programme to save the other.

  • IEA predicts $5.7tr of renewables investment by 2035

    11 November 2010

    $5.7 trillion must be invested in renewables by 2035, even under the International Energy Agency's more conservative forecast – which would still result in global warming of 3.5°C. In 2009, $115 billion was invested in renewables, by comparison.

  • UK's green bank needs 'quick wins'

    11 November 2010

    The UK's proposed Green Investment Bank (GIB) should focus on "quick wins" and offer, for example, financial products that reduce the cost of mezzanine debt for offshore wind projects, according to a leading investment banker.

  • Copenhagen timidity cost $1tr – IEA

    11 November 2010

    The weak agreement reached at last year's Copenhagen climate talks has added $1 trillion to the cost of keeping global warming within 2°C, the International Energy Agency (IEA) said on Tuesday.

  • 'Grim picture' for environmental investing set to brighten?

    11 November 2010

    Institutional investors are risk averse, time-poor and "carbon and climate fatigued", making it difficult to generate interest in environmentally-orientated investing, according to a leading investment consultant.

  • Czech solar revisions spark investor uncertainty

    11 November 2010

    The Czech Republic has slashed solar incentives in a bid to curb rising electricity prices, however a series of new taxes imposed on power generators has deepened investor uncertainty, observers say.