News

  • Renewables investors spooked by Spanish subsidy cuts - CORRECTED

    10 June 2010

    Corrects estimate of solar module costs in paragraph 16. Investors in Spain's renewable energy market are bracing themselves for a reduction in feed-in tariffs next month.

  • Consensus closes African clean-tech fund at $94m

    10 June 2010

    Consensus Business Group has raised $94 million into its Evolution One Fund to invest in clean technology projects and companies in southern Africa.

  • Private equity leader to expand 'green portfolio' programme

    10 June 2010

    A pioneering programme to better manage the environmental impacts of companies in Kohlberg Kravis Roberts & Co's (KKR) private equity portfolio is to be expanded, as costs savings have reached $160 million over two years.

  • NGOs pan Lugar's climate bill for lack of cap, carbon price

    10 June 2010

    The latest US Senate energy and climate bill is seen as woefully inadequate by many observers because it does not place a price on carbon.

  • First Chinese index to track low-carbon firms

    10 June 2010

    A first-of-its-kind index tracking Chinese low-carbon businesses has been launched by the China Beijing Environmental Exchange (CBEEX) and clean-tech investor VantagePoint Partners.

  • Co-op named sustainable bank of year

    10 June 2010

    The UK's Co-operative Financial Services was named Sustainable Bank of the Year at last week's Financial Times' awards, the second year in a row the prize was scooped by an ethical rather than mainstream institution. HSBC took the runner up position.

  • Carbon price could surpass £500 – UK government

    10 June 2010

    The global price of carbon could reach more than £500 ($732) a tonne by the latter 21st century, according to an interim projection by the UK government.

  • Equipment, training focus in Exxon spill performance

    10 June 2010

    ExxonMobil plans to target training, inspection and equipment reliability issues to improve its record on spills, the oil giant said in its 2009 corporate citizenship report.

  • $4bn REDD+ agreement sends glimmer of hope to private sector

    03 June 2010

    Governments last week pledged to provide $4 billion in finance for projects to protect forests through the intergovernmental REDD+ Partnership – which also acknowledges the role of the private sector in scaling up finance for the sector.

  • Investors question if renewables finance flowing fast enough

    03 June 2010

    Costs for financing for renewable energy projects are down from highs of the credit crisis, but questions remain over whether investment will rise to required levels, according to financiers.