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10 April 2014

Spanish utility Iberdrola raises €750m as it becomes first Spanish corporate to sell green bonds

Vestas V100 order Spanish utility Iberdrolla has raised €750m for renewable energy and smart meter projects in the first ever sale of green bonds by a Spanish corporate.

9 April 2014

Polish government approves ceiling on renewable subsidies and lays out new strategy

Acciona-Poland_170SQ Poland’s government has approved moves to limit the amount of money that can be spent on renewable subsidies.

9 April 2014

Green energy companies warn new European rules on subsidies will damage renewables growthp

worldwide170 Renewable energy companies and have warned that European Commission state aid guidelines announced today will damage the growth of renewable energy.

9 April 2014

UK warns Scotland will lose billions in green energy funding if it chooses independencep

Scotland1_170 The UK has warned Scotland it will lose billions in green energy funding if it chooses independence. In a new paper published today the government outlined areas where funding will be cut including direct subsidies and investment though institutions such as the Green Investment Bank.

8 April 2014

German parliament approves scaling back green subsidies, capping wind, solar expansion

merkel170 Germany’s cabinet has approved draft energy reforms in a move designed to curb a rise in the cost of electricity blamed on the nation's boom in green energy.

8 April 2014

Private equity investment in clean energy lowest since 2005 due to ‘dearth of successful exits’p

World_170SQ Venture capital and private equity investment in renewable energy ‘was depressed in 2013’ coming in at $2.2bn, 46 per cent less than the previous year.

8 April 2014

Global solar private equity funding surges to $251m in Q1p

sunergy_170SQ Global private equity and venture capital funding surged to $251m in the first quarter of 2014, up from $87m in the fourth quarter of 2013.

8 April 2014

Turbine maker Senvion secures loan amid concerns over parent company’s debt

wind_sunset_170SQ1 German turbine maker Senvion has secured an €850m loan from a consortium of 14 banks for a period of three years, amid concerns over the financial health of its Indian parent company Suzlon Energy.

7 April 2014

Norway sovereign wealth fund environmental investment target increased to at least $5bn

penguin_170_170 Norway has announced that its sovereign wealth fund, the biggest in the world, will increase its commitment to environment related investments to between $5bn and $8.3bn.

7 April 2014

UN warns investment in renewable energy is fallingp

powerlines170 Investment in renewable energy declined by 14 per cent to $214.4bn in 2013 according to new research commissioned by the United Nations Environment Programme.

7 April 2014

Silver Spring Networks partners Smarter Grid Solutions to form distributed energy alliance

grid_170 US smart grid technology company Silver Spring Networks is teaming up with UK-based company Smarter Grid Solutions in a partnership intended to help grid operators manage renewable energy resources and grid devices.

7 April 2014

Terra Firma continues renewables acquisition binge with RTR solar purchases

rural-Italy_170 Terra Firma-owned Italian solar company RTR Rete Rinnovabile has bought two solar facilities from EDF Energies Nouvelles.

4 April 2014

Ocean Power Technology announces $10.8m share offering

oceancaro170 Wave power developer Ocean Power Technologies is planning to raise $10.8m selling shares to fund ‘development, testing and demonstrations’ of its PowerBuoy wave power generator amongst other uses.

4 April 2014

Kawa Capital backed Conergy shrugs off bad weather and installs 68MW of new solar

Solar-panels-stock_170 Kawa Capital-backed solar service provider Conergy installed seven new solar facilities with a total capacity of 68MW in the first three months of 2014.

4 April 2014

UK government sets out plan to its turn its large buildings into solar ‘power stations’

rooftop_solar170 The UK government has outlined plans to turn the Government estate as well as privately run factories, supermarkets and car parks into ‘solar hubs’.

4 April 2014

Venture capital-backed water treatment innovator Lontra secures ‘mult-million’ pound deal

Wastetwater1_170 UK-based green technology company Lontra has secured a ‘multi-million’ pound licensing deal with pump manufacturer Sulzer. The deal provides Sulzer with global rights to incorporate the Blade CompressorTM design into aeration equipment for the treatment of waste water.

3 April 2014

Scotland to award £6m to fund marine energy research

scotland waves_170 Scotland’s marine energy sector is going to benefit from a £6m injection of cash to help fund testing of wave and tidal energy prototypes.

3 April 2014

Green Investment Bank, Aviva team up to invest £3.1m in UK CHP plantp

hospital1_170SQ The UK Green Investment Bank and Aviva Investors are each investing £1.1m in a new £3.1m MW combined heat and power unit at Cheltenham General Hospital.

3 April 2014

BaltCap acquires 75% stake in waste manager Ecoservice

waste_170 Private equity firm BaltCap has bought a 75 per cent stake in Ecoservice UAB in a deal that valued the Lithuanian waste management company at €14.9m.

3 April 2014

UK battery conservation startup Nujira raises $20m

wave mobile phone Nujira, a UK-based startup that specialises in battery life conservation software, has raised $20m from investors to develop its chip technology.

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