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16 July 2009

Principles for Responsible Investment Initiative release guidance on responsible investment in private equityp

The Principles for Responsible Investment Initiative has released two documents that will support the integration of environmental, social and governance (ESG) issues into private equity investments.

15 July 2009

Danish Wind turbine supplier Nordex to develop 25MW Turkish wind farmp

Shortly after securing the contract for a 90MW Turkish wind farm, Danish wind turbine supplier Nordex has received a separate order for ten turbines from As Makinsan, a group of Turkish companies.

13 July 2009

CBI calls for a massive shift in UK energy policyp

In a new report, UK business lobby organisation CBI has urged a significant shift in the direction of UK energy policy, warning that the current approach is hindering energy security and endangering the country's ability to meet climate change targets.

10 July 2009

ZEPHYR Monthly Cleantech Report – June 2009p

Private equity investment in cleantech companies has been unstable throughout 2009 and in June the value of deals in the sector plunged 90 per cent to $83m from $803m in May 2009. Volume slipped by a third from 18 deals to 12 over the four weeks and was 29 per cent down year-on-year from 17 transactions in June 2008, according to this monthly cleantech report prepared by ZEPHYR and Bureau van Dijk Electronic Publishing exclusively for NewNet.

6 July 2009

Companies clamber to combat climate changep

Companies are under more pressure than ever to introduce an environmental agenda, especially in light of the UK government's recently introduced Carbon Reduction Commitment, which is set to take effect in April 2010. It is estimated that approximately 5,000 firms will fall under the scheme which is set to reward companies who cut their greenhouse gas emissions and penalise those who do not.

30 June 2009

Viewpoints from the Private Equity and Venture Capital Clean Energy Investor Forump

NewNet's Private Equity and Venture Capital Clean Energy Investor Forum was an exclusive event, attended by over 170 leading decision makers and investors. Here, speakers and delegates discuss their outlook for the industry, and the opportunities available for investors.

29 June 2009

Fuel cells: a perfect fitp

At its heart, the ongoing debate over energy and electric power centres on this simple question: How can we meet our power needs in ways that are economical, reliable and environmentally sound, writes R Daniel Brdar, chairman of the board and CEO of FuelCell Energy, Inc.

22 June 2009

Photovoltaic power poised to join European energy mainstream by 2020, according to new studyp

Photovoltaic solar electricity is poised to become a significant and competitive supplier to the European electricity market, concludes a comprehensive study conducted by the European Photovoltaic Industry Association (EPIA).

11 June 2009

New renewables survey shows south west UK is embracing renewable fuelp

The annual Survey of Renewable Electricity and Heat Projects in South West England, carried out by south west sustainable energy agency Regen SW, shows that heat from renewable sources has risen by 36 per cent to 56MW, while electricity from renewable sources has grown by just 2.89MW to 155MW.

9 June 2009

CENTROSOLAR finds new partner for continuation of Itarion solar cell companyp

German listed solar photovoltaics company CENTROSOLAR's negotiations with financing banks and a new partner for its planned cell plant located near Porto, Portugal were brought to a successful conclusion, the company said, with the support of the Portuguese state. The continuation of Itarion Solar and the development of the new plant are thus assured. The opening of the first solar cell plant in Portugal is scheduled for the first quarter of 2010, according to a statement.

4 June 2009

British Venture Capital Association expresses concern over proposed Carbon Reduction Commitmentp

The British Venture Capital Association (BVCA) has responded to the UK Government's consultation on the Carbon Reduction Commitment Order (CRCO) with concerns over how it will be implemented.

1 June 2009

America has been slow to respond to climate change, but now we must make up for lost timep

The St James's Palace Nobel Laureate Symposium brought together scientists and leaders to concentrate on solving the climate challenge. This effort is an example of the growing worldwide awareness of the severity of the threat to our very way of life from a changing climate, according to US Energy Secretary Steven Chu, here highlighting President Obama's commitment to improving America's energy policy and addressing the global climate crisis.

29 May 2009

US electric utilities rise to meet solar call-to-actionp

As financial markets deteriorated in October 2008, Solar Electric Power Association executive director Julia Hamm challenged the solar and utility industries to deploy solar power on a massive scale despite new economic barriers. SEPA, an organisation comprised of over 550 utilities and solar industry members, has also issued a report demonstrating how the industry has responded amidst a tough economic climate.

28 May 2009

Global business leaders outline six steps for climate treaty at Copenhagenp

Global business leaders in Copenhagen for the World Business Summit on Climate Change have issued ‘The Copenhagen Call', a statement that sets out the elements business believes are required to forge an effective new global climate treaty.

21 May 2009

US introduces National Efficiency Standard for auto industryp

US President Barack Obama has proposed a new fuel economy standard for the US auto industry, improving the energy efficiency of all US automobiles to 35.5 miles per gallon by 2016, an increase of more than eight miles per gallon per vehicle. This will result in projected reduction in oil consumption of approximately 1.8 billion barrels, or, in the President's words, ‘more oil than we imported last year from Saudi Arabia, Venezuela, Libya, and Nigeria combined.'

20 May 2009

Engaging the UK consumerp

In this presentation from Juliet Davenport of renewable energy electricity supplier Good Energy group, she looks at the transmission and distribution issues of the UK renewable energy sector.

15 May 2009

Pickens: US will have renewable energy futurep

In an interview with FOX Business Network, energy tycoon and wind investor T Boone Pickens predicted oil prices will hit ‘$70 before $50' and that oil will be at ‘$75 a barrel by the end of the year'.

13 May 2009

EBRD to trigger investments of up to €15bn in energy efficiency, renewables in Eastern Europep

The EBRD is to trigger investments in sustainable energy projects worth up to €15bn in the next three years in its drive to finance the development of new sources of clean energy and to reduce energy wastage throughout Eastern Europe.

5 May 2009

New York State strives to make solar the futurep

The emphasis placed upon building a green economy in President Obama's American Recovery and Reinvestment plan has sparked a wave of interest in the growing renewables sector, with solar continuing to be one of the forerunners.

27 April 2009

UK cleantech companies struggle in challenging fundraising environmentp

The mounting interest from political quarters on the need to tackle climate change and dependency on foreign oil by ramping up the use of clean technologies has done little to protect cleantech companies and new technologies from the financial downturn, with many now fearing for their survival in an increasingly difficult fundraising environment.

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