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18 May 2012

Embrace renewable energy to avoid ‘hostage’ situation, says UK Energy Secretary

UK Energy Secretary Ed Davey has stressed that the country’s economy must not become ‘hostage’ to rising energy prices, adding that a change in climate policy could halve the negative impacts of an energy price shock.

18 May 2012

UN’s Green Climate Fund suffers delays

world_lamp_170_170 The first meeting of the Green Climate Fund board has been postponed, pending finalisation of the process for nominations from countries to the membership of the board, the United Nations Framework Convention on Climate Change has said.

17 May 2012

Dow Electronic expands LED technologies portfolio with Lightscape deal

Dow Electronic Materials, a subsidiary of Dow Chemical Company, has expanded its LED technologies portfolio by making a bolt-on acquisition of US-based Lightscape Materials for an undisclosed amount.

17 May 2012

Microgen specialist Gen110 secures VC backing

Kleiner Perkins Caufield & Byers, the Silicon Vallley energy investor, has made an undisclosed investment into US distributed energy business Gen110.

17 May 2012

Cyan wins $1m smart metering deal in India

US metering specialist Cyan Holdings has won its largest ever order with a $1m deal from an unnamed business in India.

17 May 2012

Developing world needs equity support to fight climate changep

UNHQ_170SQ Rich countries must do more in providing equity finance and technology to the developing world, it has been stated at the UNFCCC conference in Bonn.

17 May 2012

German Chancellor axes Environment Minister

German Chancellor, Angel Merkel, has fired her environment minister after he led her party to a regional election defeat.

16 May 2012

Commodity volatility leads to alternative exploitation potentialp

greenearth_170SQ The uptick in price volatility of the world’s major resources creates opportunity to invest in alternatives to traditional resources and in technologies that maximise the potential of those we are extracting, an industry expert has said.

16 May 2012

ADB raises $339m from second clean energy bond sale

loan_160512_170 The Asian Development Bank (ADB) has raised $339m from its second sale of Clean Energy Bonds to Japanese retail investors.

16 May 2012

Ambient selected to take part in UK smart grid trial

US smart grid specialist Ambient has been selected to take part in a UK project as part of the Low Carbon Network Fund programme.

16 May 2012

Smart grid innovator en route to closing $2m financing roundp

Grid1_170_170 A smart grid specialist based in Colorado has begun fundraising towards a $2m investment round, and already has $510,000 of commitments.

16 May 2012

Impax sees H1 loss, increases assets

Ian-Simm_Impax_170SQ UK environmental infrastructure investor Impax Asset Management has recorded a first half revenue of £9.2m, slightly down on the £9.9m achieved in the same period last year.

16 May 2012

UK urged to prioritise low carbon export potential

A failure of the UK government to push forward low carbon growth is undermining the potential for green exports by the country’s technology companies.

15 May 2012

UN talks find Durban commitments insufficient to tackle climate changep

UN1_170SQ1 The latest round of United Nations climate talks in Bonn, Germany, have commenced with acknowledgement that pledges made at the 2011 event in Durban did not go far enough.

15 May 2012

UK Green Party leader Caroline Lucas will not seek re-election

UK Green Party leader Caroline Lucas has announced that she will not be seeking re-election in September, saying ‘it’s time to make space’ for other candidates.

15 May 2012

Energy management analytics innovator raises $1m, needs morep

An energy management analytics company based in California, US has raised more than $1m towards its latest financing round with commitments of $183,000 still to secure.

15 May 2012

Flexenclosure makes 3 new appointments

Swedish green telecoms business Flexenclosure has strengthened its management team with several new appointments.

15 May 2012

EDF partners with Idinvest for launch of cleantech VC fundp

euros170 French utility EDF joined forces with Idinvest Partners to launch Electranova Capital, an investment fund for energy start-ups specialising in environmentally-friendly technologies. It told NewNet it hopes to reach up to €90m before the end of the year.

15 May 2012

Delaware College teams with Pepco Energy Services to reduce carbon footprint

Energy savings company Pepco Energy Services has partnered with Delaware Technical Community College to launch a $7m comprehensive energy efficiency project aimed at impacting 19 buildings around the college.

14 May 2012

UK to give £1m operations boost to Green Construction Board

UK Business Minister Mark Prisk is expected to announce that the Green Construction Board has secured £1m to boost its operations.

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