News

• CMEA dedicates $100m to alt energy

  01 October 2009

  CMEA Capital is to allocate $100 million of already-raised capital to invest in alternative energy companies.

• Schwarzenegger forges own path to 33% renewables

  01 October 2009

  Californian utilities must meet a third of electricity demand with renewable power by 2020, under an executive order signed last month by Governor Arnold Schwarzenegger.

• Disruption feared over Norway-Sweden green power plans

  01 October 2009

  The Norwegian and Swedish governments have agreed to create a unified green certificate market, reviving a long-stalled proposal. But a leading broker has warned that the plan – if not carefully implemented – could lead to disruption in Sweden's green power market.

• Insurers aim to ease way for developing country renewables

  01 October 2009

  An online facility meant to make it easier for renewable energy projects in developing countries to access insurance has been launched by a group of insurers and the UN.

• A123 reopens IPO market, but raises fears over stimulus

  01 October 2009

  The success of last week's Nasdaq listing of A123 Systems has raised hopes among financiers that the initial public offering (IPO) market may be reopening for clean-tech firms. But they have also raised concerns that the US government is leveraging its considerable stimulus funds to choose winners and losers.

• UN climate chief sees ­'turning point' in climate talks

  01 October 2009

  Yvo de Boer, the executive secretary of the UN Framework Convention on Climate Change, has described the UN climate change summit in New York in late September as marking a "real turning point" in the run-up to the crucial negotiations in Copenhagen in December.

• Boxer, Kerry fire first salvo in Senate climate battle

  01 October 2009

  The Democratic leadership in the US Senate has unveiled its version of climate change legislation passed by the House of Representatives, but its passage remains challenging, given the extended healthcare debate and other pressing legislative issues, observers say.

• Westly raises $120m for VC fund

  01 October 2009

  Californian venture capital firm Westly Group has closed a second clean-technology fund at $120 million, beating its goal of raising $100 million.

• Clean-tech VC investments overtake IT and biotech

  01 October 2009

  Venture capital (VC) investments in clean-technology companies climbed to $1.59 billion over the last three months, as national stimulus packages brought some confidence back to the sector, according to the Cleantech Group and Deloitte.

• Clean-tech VC investment climbs

  01 October 2009

  Venture capital investment in clean-technology companies climbed to $1.59 billion over the past three months, according to the Cleantech Group and Deloitte.