News

  • Subsidy concerns, competition depress renewables shares

    12 August 2010

    Uncertainty about state subsidies for renewable energy in Europe is weighing heavily on share prices of wind energy and solar companies, despite strong sales growth in the past year and expectations of further healthy growth.

  • GRI backs sustainability accounting initiative

    05 August 2010

    A joint body "to create a globally accepted framework for accounting for sustainability" has been launched by the Global Reporting Initiative (GRI) and the Prince's Accounting for Sustainability Project (A4S).

  • Banco de Galicia launches sustainable finance facility

    05 August 2010

    Argentina's Banco de Galicia y Buenos Aires is launching a $60 million facility to support environmental projects at small and medium-sized companies.

  • Sun sets on Trony IPO plan

    05 August 2010

    China's Trony Solar has cancelled plans to list on the New York Stock Exchange, in response to poor market conditions.

  • Cuts may threaten environmental risk data quality – PwC

    05 August 2010

    The quality of 'geo-data', used to map environmental risk in the insurance sector, may be threatened by cost cutting both in business and the public sector, PricewaterhouseCoopers (PwC) has warned.

  • Drax delays biomass plants amid support uncertainty

    05 August 2010

    UK-based generator Drax will delay development of three 290MW biomass plants because of a lack of clarity over government subsidies.

  • Push to save PACE in US Congress, courts

    05 August 2010

    Lobbying is heating up in the US for legislation to rescue innovative bond programmes that help pay for energy efficiency and renewables.

  • Spanish feed-in tariffs to fall 45%

    05 August 2010

    Spain's solar industry is set for a shake-up as the government announced plans to slash subsidies by up to 45%.

  • Gulf spill has 'far reaching' impact on oil company credit – S&P

    05 August 2010

    The oil spill and subsequent suspension of drilling permits in the Gulf of Mexico will have a long-term impact on the creditworthiness of oil and gas companies, according to ratings agency Standard & Poors.

  • SO2, NOx trading back on table in US?

    29 July 2010

    US senators on both sides of the aisle prefer a legislative fix to the embattled Clean Air Interstate Rule (CAIR) programme to plans set out by the country's Environmental Protection Agency (EPA).