News

  • Matrix raising funds to tap UK solar potential

    20 January 2011

    Financial services company Matrix Group has launched two venture capital trusts in a linked offer which aims to raise £25 million ($40 million) to fund clean energy investment, primarily in solar projects in the UK.

  • Gulf oil states urged to swap oil subsidies for solar

    20 January 2011

    Solar photovoltaic (PV) would be more economically viable than oil-fired electricity generation in oil-rich Gulf states, Bloomberg New Energy Finance (BNEF) said today.

  • Masdar and others mull VC fund launches for 2011

    20 January 2011

    Masdar's venture capital unit is considering two fund launches in 2011, according to Erik Martel, a principal at the firm.

  • Carbon thefts see traders stay out of EU market

    20 January 2011

    Trading in the EU carbon market has slowed to a crawl following the decision yesterday afternoon by the European Commission to suspend transactions in all EU member states' allowance (EUA) registries, following the latest in a string of "security breaches".

  • Fossil fuel-free Pepsi 'doable' says analyst

    20 January 2011

    Pepisco's plans to go fossil fuel-free in the UK and Ireland by 2023 are entirely feasible – provided the company is prepared to pay, an analyst says.

  • China state visit nods to climate, energy issues

    20 January 2011

    Energy and climate change issues are competing for attention on a packed agenda as the presidents of the US and China meet this week in Washington, DC.

  • Vestas wins Zayed Future Energy Prize, donates money to finalists

    19 January 2011

    Danish wind turbine maker Vestas was yesterday named the third winner of the Zayed Future Energy Prize, but declined to accept the $1.5 million which comes with the award.

  • Green certificate trading given green light in California

    17 January 2011

    California's energy regulator has lifted a moratorium on utilities meeting renewable energy targets using renewable energy certificates (RECs) traded separately from the underlying power, but has maintained a tight cap on the percentage of the RECs that can be used to meet the state's Renewables Portfolio Standard (RPS).

  • S&P to calculate green index for WWF fund

    13 January 2011

    S&P Indices is to calculate an index tracking the performance of listed green businesses for a subsidiary of environment group WWF, the Living Planet Fund (LPF).

  • Duke and Progress merger to ease financing for replacing coal

    13 January 2011

    The merger of Duke Energy and Progress Energy will create the largest utility in the US, a super-utility that will be in a better position to finance the replacement of its ageing coal fleet than the companies could separately.