News

• CCS boost as $1.3bn Saskatchewan project gets nod

  28 April 2011

  Canadian authorities have given the green light to a C$1.24 billion (US$1.3 billion) carbon capture and storage (CCS) demonstration plant in Saskatchewan, which aims to slash annual greenhouse gas emissions by around 1 million tonnes of carbon dioxide equivalent.

• BrightSource eyes $250m IPO

  26 April 2011

  California-based solar thermal developer BrightSource Energy hopes to raise up to $250 million in an initial public offering (IPO), it said on Friday in a filing to the US Securities and Exchange Commission.

• Biofuels could meet a quarter of transport need without starving the poor – IEA

  21 April 2011

  Global biofuel use could increase more than 13-fold by 2050 and meet more than a quarter of demand for transportation fuel, without jeopardising food and environmental security, the International Energy Agency (IEA) has said.

• EnBW eyes €8 billion renewables investment, bemoans nuclear shutdown

  21 April 2011

  German utility EnBW plans to almost double its renewable power capacity in the next 10 years, requiring an investment of €8 billion ($12 billion).

• India to launch emissions trading scheme to tackle local air pollution

  21 April 2011

  India is to launch its first emissions trading scheme (ETS), an air-pollution reduction pilot programme in three states that may go national in future.

• EIB backs Latin American 'ecosystem enterprises' fund

  21 April 2011

  The European Investment Bank (EIB) has joined a handful of socially responsible investors in backing an innovative fund that will invest in businesses that protect ecosystems.

• APX-Endex to launch wood pellet trading platform

  20 April 2011

  Biomass power stations will be able to trade wood pellet futures on an exchange for the first time when APX-Endex launches future contracts later this year.

• Ex-Im approves $806m loan to mammoth coal power station

  20 April 2011

  The controversial Kusile coal-fired power station in South Africa is set to receive $805.6 million in loans from the US Export-Import (Ex-Im) bank.

• UK solar investors go to court over FIT review

  20 April 2011

  A group of solar investors is pursuing legal action over the UK government's surprise review of feed-in tariffs (FITs) for large-scale solar installations, announced earlier this year.

• TVA spends up to $5bn to dismiss lawsuits, comply with pollution regulations

  20 April 2011

  The Tennessee Valley Authority (TVA) will spend up to $5 billion to settled alleged violations of the Clean Air Act - quickening the government utility's transition from coal-fired power to clean energy.