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17 April 2014

UK awards £1.3m to help turn wetland reeds into bioenergy

Wetland_170 The UK government has awarded three British companies a share of over £1.3m to help develop technology that turns reeds and rushes from wetlands into bioenergy.

16 April 2014

Regional government Ile-de-France raises €600m after boosting target at last minute

solon_frenchalps_170 French regional government Ile-de-France has raised €600m after upping the target for its green bond sale at the last minute.

16 April 2014

Head of remewables unit Francesco Starace named CEO at Enel

greenelectricity170 The head of Enel Green Power, Francesco Starace, has been appointed as CEO of parent group Enel.

16 April 2014

Velocys selects London site for green jet fuel refinery

London_cityhall_170 Roman Abramovich-backed bioenergy company Velocys has announced plans to convert an abandoned east London oil refinery to produce jet fuel from landfill waste.

16 April 2014

BaltCap invests €1.5m in Lithuanian wind farm

wind-stock1701 Private equity company BaltCap has signed an agreement to invest €1.5m in the development of 24MW Lithuanian wind farm.

16 April 2014

Swedish wind farm developer Arise raises $170m selling green bonds

Ofgem accelerates wind farm deployment Swedish wind farm developer Arise has issued green bonds worth 1.1bn Swedish krona ($170m) to refinance ten of its wind farms.

16 April 2014

European Investment Bank to sink €2bn into low carbon energy and CCS technology

AccSolar_170 The European Investment Bank has raised €2bn selling 300m emission allowances and intends to invest the funds in innovative renewable energy demonstration projects and carbon capture schemes across Europe.

15 April 2014

Bord Na Mona abandons €1bn Clean Energy Hub in the wake of export negotiation breakdownp

windmills_gathered_170SQ Irish energy company Bord Na Móna has scrapped plans for its planned Clean Energy Hub after talks between Ireland and the UK on a potential export deal fell through with no agreement, wrong-footing companies that were counting on cross-border sales.

15 April 2014

Environmental investment trust Impax snaps up more Finnish wind assets

Northern Finland houses new wind project UK-based environmental investment trust Impax has bought the Finnish wind farm Kuolavaara-Keulakkopää from Fortum and Metsähallitus.

14 April 2014

Ireland scraps 5GW renewable export plan

wind_turbine2_170_170 A scheme to build more than 2,000 wind turbines by 2020 and export as much as 5GW of green energy from Ireland to the British market has fallen through according to Irish Energy Minister Pat Rabbitte.

14 April 2014

25 of the world’s biggest banks sign up to the new Green Bond Principles

Grassfield_170 25 of the world’s biggest banks have signed up to the recently created Green Bond Principles according to the International Capital Market association, which administrates the framework.

14 April 2014

MHS Capital Partners beats target for second fundp

grid_170 Early-stage venture investor MHS Capital Partners has beaten the target for its second fund, which is more than two times larger than its debut vehicle, AltAssets can reveal.

14 April 2014

Major shift to low-carbon energy needed to avert catastrophe warns IPCCp

World_170SQ The cost of mitigating climate change could spiral out of control if action isn't taken soon, according to a report published by the Intergovernmental Panel on Climate Change.

14 April 2014

UK calls for a new ‘ambitious’ deal on global emissions in the wake of the IPCC reportp

parliamentUk_280312_170_170 UK government has called for an ‘ambitious legally binding global agreement’ on emissions in the wake of the latest Intergovernmental Panel on Climate Change report that says the world needs a major shift to clean energy to prevent climate change catastrophe.

11 April 2014

NextEnergy reduces IPO target to £85m blaming loss of cornerstone investor

solarpv_170sq The solar fund NextEnergy has slashed the target for its upcoming IPO for the second time, reducing it to just £85m from an original target of £150m.

11 April 2014

Siemens subsidurary Marine Current Turbines awarded £1m from UK Regional Growth Fund

alstom_turbine_upside1701 UK-based Siemens subsidiary Marine Current Turbines, has been awarded a grant of £1m from the government’s Regional Growth Fund for research and development into innovative tidal technology.

11 April 2014

EBRD exits Polish energy company ENEA with a €7m lossp

Euro_money1701 The European Bank for Reconstruction and Developement has sold its remaining stake in Polish energy company ENEA, taking a €7m loss.

11 April 2014

OpenHydro and Alderney Renewable Energy team up on 300MW tidal array in the English Channel

tidal_wave170 Tidal technology company OpenHydro and Alderney Renewable Energy have signed a joint venture to develop a 300MW tidal array in the English Channel, off the island of Alderney.

10 April 2014

European Investment Bank approves €37.5m loan for Bosnian hydro plant

hydroelectric170 The European Investment Bank has issued a €37.5m loan for Bosnia’s biggest power utility Elektroprivreda BiH (EPBiH) to fund the construction of the Vranduk hydro power plant.

10 April 2014

UK government slammed for ‘anti-wind posturing’ as it tightens grip on onshore planning process

wind_2_070312_170 UK renewable power companies are hitting out at new moves to delay wind farm developments, saying the development increases uncertainty for investors in clean energy.

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