energy efficiency
13 July 2009
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.
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10 July 2009
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.
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6 July 2009
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.
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30 June 2009
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.
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25 June 2009
There is increasing pressure upon European governments to take action against climate change, with growing fears that the 2020 renewable energy targets will not be met. As public pressure calls on officials to introduce binding legislation, energy consultancy firms are being employed to use their knowledge and understanding of the markets to offer advice.
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23 June 2009
Electronics company Siemens expects to win new orders of around €15bn in the next three fiscal years 2010 until 2012, which will be generated by government stimulus programmes already announced around the world. Green technologies are expected to account for 40 per cent or approximately €6bn of this total, which will significantly increase the share of the company's revenues from its environmental portfolio in the future.
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19 June 2009
Energy and materials technology advances are likely to be centre stage in the world from an investment and basic research perspective, according to Russell Read, former CIO of CalPERS and CEO of green investment firm C Change Investment, in this presentation originally delivered at the Private Equity and Venture Capital Clean Energy Investor Forum.
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11 June 2009
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.
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10 June 2009
Private investment in energy innovation is vital, with commitments also required from corporations and public pension funds going forward, according to speakers and delegates at the NewNet Private Equity and Venture Capital Clean Energy Investor Forum.
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9 June 2009
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.
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2 June 2009
Private investment in energy innovation is vital, with commitments also required from corporations and public pension funds going forward, according to speakers and delegates at the NewNet Private Equity and Venture Capital Clean Energy Investor Forum.
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1 June 2009
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.
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28 May 2009
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.
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21 May 2009
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.'
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20 May 2009
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.
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15 May 2009
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'.
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13 May 2009
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.
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27 April 2009
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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24 April 2009
UK renewables industry leaders welcomed Alistair Darling's Budget announcement of a package of measures to build a low carbon economy and further decarbonise electricity generation. The proposals include a potential £525m of new money through a review of the support mechanism for offshore wind.
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23 April 2009
Speaking at a wind tower production facility in Iowa, US President Barack Obama laid out his vision for a new clean energy economy, independence from foreign oil, combating pollution and finally addressing the climate change problem that, according to him, has been neglected for decades in Washington.
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