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16th March 2010
Financing for renewable energy projects will be available for well structured projects but will not recover to pre-credit crunch levels, RES UK and Ireland COO Gordon MacDougall told NewNet, as the company announced a £76m funding package through the European Investment Bank (EIB).
12th March 2010
Biodiesel supplier Renewable Energy Group (REG) told NewNet the biofuels industry in the US has almost entirely ground to a halt since the lapse of the government tax credits took effect at the beginning of the year.
5th March 2010
With the European Commission’s recent awards of €2.3bn to 43 gas and electricity projects under the Economic Recovery Package, the European Geothermal Energy Council (EGEC) has urged a further commitment to create a European fund covering geothermal exploration and drilling risk.
3rd March 2010
UK water utilities will offer further upside potential in the short-term, according to an independent asset management group.
2nd March 2010
Spain plans to double its renewable energy capacity in the next ten years as the government warns of future price volatility and a high degree of energy dependence.
22nd February 2010
The latest issue of World Bank green bonds has pushed the total amount to $1.1bn. The AAA rated fixed interest investment vehicle is managed by Swedish Investment Bank SEB, with the latest tranche, denominated in Swedish Kronor (SEK) will pay a coupon of 3.25 per cent maturing in 2017. The bonds continue to be aimed at a growing demand from institutions and pension fund managers to support a low carbon economy.
17th February 2010
Ontario’s lucrative Feed-in-Tariff (FIT) programme for renewable energy will mean the development of new and highly efficient energy technologies that will secure the Province’s clean energy supply for generations, says the chairman of North American renewable energy company Atlantic Wind and Solar (AWSL).
12th February 2010
Despite the global credit crunch and decreased energy demand in many countries, more wind energy was installed last year than ever before, writes Ben Block of the Worldwatch Institute. Germany continues to lead Europe in wind energy installations, with 1,917MW added last year. It ranks behind the United States and slightly ahead of China in total installed capacity.
9th February 2010
A number of businesses have responded to an environmental sustainability model with the substitution of old out dated equipment, parts and systems for new energy efficient systems.
8th February 2010
The European Union (EU)’s flagship Emissions Trading System (ETS) is failing to deliver vital green investment after a collapse in carbon prices magnified by the recession, UK MPs have warned.
3rd February 2010
On Monday, the UK government finally announced its Clean Energy Cashback Scheme, or feed-in tariff, for small-scale low-carbon electricity generation, along with its plans to introduce similar incentives for low-carbon heating, writes Tessa Laws, a partner at Rosenblatt Solicitors. Households should get an income and a cash saving. Better late than never or have we been greenwashed, again?
1st February 2010
UK renewable energy trade association the British Wind Energy Association (BWEA) has launched its pre-election manifesto urging the UK government to consider a raft of immediate measures in order to deliver on the UK’s 2020 targets, by promoting growth in the onshore and offshore wind sectors, wave and tidal energy sector and small wind systems.
28th January 2010
As part of his State of the Union address, US President Barack Obama announced plans to introduce a new climate bill and offer reimbursements to US citizens who make their homes more energy efficient in his vision for a clean energy economy.
26th January 2010
The Copenhagen Accord has disappointed many observers of the negotiations, particularly as no legally binding agreement was reached and no specific reduction targets were agreed upon. Still, the Accord addresses many crucial elements of a framework for tackling climate change and was drafted by the heads of state and government of leading emerging markets and the US and agreed by many industrial countries. For these countries the Accord may acquire politically rather than legally binding force, according to Caio Koch-Weser of Deutsche Bank Group.
22nd January 2010
Environmental group Friends of the Earth has warned UK Energy and Climate Change Secretary Ed Miliband that the UK government could face a judicial review unless its ‘fundamentally flawed’ draft planning policies on major energy infrastructure are significantly changed.
19th January 2010
The announcement by the German Environment Minister Norbert Röttgen (CDU) to introduce a proposal for the reduction of feed-in-tariffs for the solar sector has sent the solar stocks at the German Stock Exchange into a dive.
18th January 2010
Now is a favourable time to invest in British sustainable energy to lever the global renewable energy market, according to the UK Trade & Investment body.
11th January 2010
The US renewable energy industry is being hindered by unrealistic targets and flawed financing strategies, writes institutional investor Karl Miller.
7th January 2010
One sector within the private equity industry which has been faring better than most is the energy provision and energy management industry, where a number of developments have benefited the market, according to Dan Hatcher, a partner at Gresham Private Equity.
22nd December 2009
The economics of fuel cells are improving each year, according to Pike Research, which forecasts that global revenues will more than double over the next few years, from $336m in 2009 to $716m in 2013.
22nd December 2009
Carbon prices have dropped following the Copenhagen climate conference, according to reports.
18th December 2009
The European Investment Bank has signed a memorandum of understanding with French energy company EDF Energies Nouvelles (EDF EN) to provide €500m of funding for solar photovoltaic projects in France and Italy.
18th December 2009
In response to US Vice President Joe Biden’s memo to President Obama on advancing a clean energy economy, chairman and CEO of Texas-serving electric transmission company Oncor, Bob Shapard, has applauded the benefits of the nation’s smart electric grid and smart meter installations.
17th December 2009
Asia’s climate change economy may be outstripping the US, according to HSBC’s Climate Change Index. The global banking giant says that Asia - excluding Japan - is leading the way in providing goods, products and services focused on tackling climate change, outperforming global equities by 63 per cent since 1994, compared to underperformance of 33 per cent by the US.
16th December 2009
Increased environmental awareness spurred by rising global temperatures has placed Latin America at the forefront of low-carbon growth, say World Bank experts. But the success of the region’s initiatives depends largely on decisions taken at the Copenhagen Climate Summit - and beyond - regarding emission limits and financing.
15th December 2009
A group of European biomass, biogas and forestry trade associations have come out in support of non-binding criteria on sustainability for solid and gaseous biomass for heat and electricity.
11th December 2009
New Mexico Governor Bill Richardson and the New Mexico congressional delegation have launched an initiative to develop a statewide strategic plan to make develop New Mexico’s biofuels industry.
8th December 2009
Solar photovoltaic technologies could be set to become standard for new buildings in Europe, according to solar trade association the European Photovoltaic Industry Association (EPIA).
7th December 2009
A recent poll of 15 nations worldwide found that a majority of people want their governments to take steps to fight climate change, even if it entails costs. People signalled they would support public measures to limit greenhouse gas emissions and step up adaptation measures.
26th November 2009
Investment and analysis specialist Allianz Global Investors has predicted that the big winners from the upcoming Copenhagen climate summit could be renewable energy technology providers and early corporate adopters of emissions reduction measures.
26th November 2009
US President Barack Obama has committed to attending the UN Copenhagen climate talks in December.
24th November 2009
A consortium of property developers have warned that carbon reduction targets will be missed unless existing buildings are tackled as part of UK government plans to introduce zero carbon commercial buildings from 2018.
20th November 2009
The 50 per cent leap in shares of Massachusetts-based electric vehicle battery developer A123 in September leading to a market capitalisation value for the company of nearly $2bn, was predicted to jumpstart the market for cleantech share offerings. However, many in the industry have raised concerns that too many dollars are chasing too few deals in the clean technology industry.
18th November 2009
Industry leaders have predicted 12 months of difficulty in the clean technology sector, leading to a road to recovery in 2011.
18th November 2009
South Korean President Lee Myung-bak has set Korea’s greenhouse gas emission reduction target, promising to cut the nation’s carbon emissions by 30 per cent from a 2020 forecast.
11th November 2009
Increasing demand for photovoltaic inverters from large installations has induced an increase of inverter size and centralisation, according to a new report.
6th November 2009
The Green Economy Coalition has written to the G20 finance ministers ahead of the G20 meeting in Scotland to outline how to implement the removal of fossil-fuel subsidies.
4th November 2009
UK energy regulator Ofgem has proposed funding arrangements of up to £1bn over the next two years for electricity transmission grid projects.
2nd November 2009
The renewable energy portion of Spain’s energy use has risen to 25 per cent of total production for January to October this year, according to utility company Red Eléctrica de Espana.
30th October 2009
Mary Rosenthal, executive director of non-profit trade association Algal Biomass Organization (ABO) has appeared in front of the US Congress to testify on the benefits of algal biofuels. Rosenthal argued for the commercial scalability and range of fuels, including ethanol, biodiesel and biojet that can be derived from algae, and outlined steps that Congress could take to ensure parity for the algae with other next generation feedstocks.
21st October 2009
The UK wind industry has a total installed wind capacity of 4GW, with 1GW installed in under a year, according to the British Wind Energy Association (BWEA). The wind sector now powers the equivalent of Scotland’s total household requirements, which is equivalent to 2.3 million homes.
20th October 2009
Daimler has joined the Pew Center’s Business Environmental Leadership Council and its efforts to address global climate change.
20th October 2009
UniSource Energy Services (UES) has agreed to purchase the output of a new wind farm and large solar array that Western Wind Energy will develop in the Kingman, Arizona by June 2011.
Western Wind Energy plans to develop between 7MW and 11MW of wind generating capacity as well as a solar array that can produce [...]
13th October 2009
In his tenth consecutive monthly update on the level of foreign oil imports, energy expert T Boone Pickens warned that US dependence on foreign oil shows no signs of diminishing and remains the country’s top national security threat.
9th October 2009
UK’s leading renewable energy trade association BWEA has warned that a clear implication of the latest report from energy regulator Ofgem is that we have no alternative to going green.
7th October 2009
It can be difficult in modern times, due to all the competing interests at stake, to find a consensus on a single topic; unless of course you are referring to climate change. It is becoming universally accepted that habits and the way we do things need to fundamentally change in order to comprehensively tackle this process, writes Simon Holden of international law firm Faegre & Benson.
2nd October 2009
For many companies, sustainability improvements such as energy and water efficiency were at first reactions to public criticism. Nowadays, as rising energy costs, water scarcity, and climate change threaten the affordability and availability of global inputs, corporations are recognising that a more sustainable product has a better chance of remaining competitive in a resource-constrained world, writes Ben Block of The WorldWatch Institute.
2nd October 2009
Massachusetts, US-based energy harvesting wireless sensor network provider EnOcean has validated its wireless lighting controls, manufactured by Canada’s Echoflex Solutions, and demonstrated significant energy savings in independent testing, according to a statement.
1st October 2009
AIM-listed environmental investment manager Impax is to change its name to Impax Asset Management Group. According to the company, the new name reflects the its asset management focus and brings its brand in line with its day-to-day business activities - that of an asset manager dedicated to the environmental sector.
22nd September 2009
Tens of thousands of new jobs could be created in Scotland in the next five years under plans to invest in greener technology. Jobs would stem from a major expansion in the number of companies developing state-of-the-art ways to tackle pollution, manage waste and reduce carbon.
NewNet's Essential CleanTech Investor Summit was completely sold out. Over 450 investors, innovators and influencers within clean technology and renewable energy attended on the day. The Investor Summit was Europe's largest event focused around investors and deal-makers.
For more on the Summit go to: www.NewNetInvestorSummit.com
