News

• Investors warned on risky unconventional fossil fuels

  16 December 2010

  Investors must scrutinise the significant risks associated with production of unconventional fossil fuel sources such as oil shale and coal-to-liquids (CTL), according to a report commissioned by Ceres.

• UK overhauls electricity markets, clean energy subsidies

  16 December 2010

  The UK government today announced plans to overhaul the country's electricity market, introducing feed-in tariffs for clean energy generation and supporting carbon prices.

• US Senate throws renewable grants a lifeline

  16 December 2010

  The US Treasury grant programme for renewable energy projects is on the verge of receiving a critical lifeline.

• Regulatory uncertainty threatens California's renewables targets

  16 December 2010

  California's success in meeting America's most aggressive targets for renewable energy may be derailed by lack of regulatory certainty, despite the latest figures from the state energy regulator showing that approvals for projects already put the state on track to meet its 2020 target.

• UK spending review 'hit clean-tech confidence' – report

  16 December 2010

  The UK's recent comprehensive spending review (CSR) has dented confidence within the UK's clean technology sector, despite being perceived by many as positive for environmental technologies, according to consultancy Ernst & Young.

• SunPower closes industry-first solar bonds

  16 December 2010

  US solar power firm SunPower Corporation has sold €195.2 million ($258.4 million) of bonds linked to a solar farm in Italy, which are understood to be the first such bonds of their kind.

• CCS project for sale as coal company hits skids

  16 December 2010

  The UK's carbon capture and storage (CCS) ambitions have received a blow after funding problems forced the developer of a major CCS project into administration.

• Datang raises $643m in Hong Kong IPO

  16 December 2010

  Chinese power firm Datang International has floated its renewable power arm on the Hong Kong Stock Exchange, raising around US$643 million.

• Mexico in line for $4bn energy storage unit

  16 December 2010

  A planned 1,000MW energy storage facility in Mexico will supply energy from solar and wind farms to US and Mexican power users, the developers said.

• US offshore wind developer triples its ambitions

  16 December 2010

  The developer of a wind farm in the waters off the east coast of the US now hopes to erect 1GW of turbines in a project that will supply electricity across state lines.