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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.

14 April 2014

World Bank cancels $650m loan for 612MW Indian hydropower scheme

hydroelectric170 The World Bank has decided to cancel plans to fund India’s 612MW Luhri hydropower project to the tune of $650m.

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.

10 April 2014

China mulls ban on dirtiest coal in move that could spur renewables growth

Coal_170 China is considering a ban on imports of the most polluting coal, stopping shipments with high ash and sulfur content, in a move that may spur renewable take-up in the world's second largest economy.

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.

9 April 2014

Mandiri, Armstrong team up to invest in Indonesian renewables

indonesia170 Indonesia-focussed investment company Mandiri Investment Management has entered into a co-investment arrangement with Armstrong Asset Management to work together to invest in renewable energy projects in Indonesia.

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.

9 April 2014

Indian clean energy producer BLP to raise $1bn to boost capacity by 800MW

indian_rupees_170 Clean energy producer Bharat Light and Power is planning to raise over $1bn in the next five years to boast its power generation capacity to more than 1GW from its current capacity of 200MW.

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

Japan fails to set clean energy targets in first update to energy policy since Fukushima

japan_170 Japan has held back from setting renewable energy targets in the first update to the country’s energy policy since the 2011 Fukushima crisis.

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.

4 April 2014

CPFL Renovaveis raises $132m in bond sale

hydroelectricdam170 Brazilian renewable energy company CPFL Renovaveis has raised BRL300m ($132m) selling bonds with a term of seven years.

2 April 2014

EIB to make €750m in loans for French renewable energy

solon_frenchalps_170 The European Investment Bank has announced a financial commitment of €750m to be invested in renewable energy projects in France between 2014 and 2016.

27 March 2014

UK’s Big Six accused of using ‘systematic’ advantage to delay renewable energy developmentp

Renewable energy companies have hit out at the UK government, accusing it of allowing the 'Big Six' energy companies to use a systematic advantage to suppress the development of green energy.

27 March 2014

UK renewable energy production hits record highp

sse_wind170 2013 saw renewable energy production in the UK increase to a record of 14.8 per cent of total energy produced, according to a report published by the Department of Energy and Climate Change.

26 March 2014

Germany, Norway talks stall over deep sea cable concerns

hydroelectric170 Talks between Germany and Norway on trading electricity generated by renewable sources are seeing delays due to worries about the profitability of a planned power cable under the North Sea.

25 March 2014

CABEI to invest $360m in Central America’s energy sector

wind-turbine-with-red-tips The Central American Bank For Economic Integration is expecting to finance energy projects in the region worth $360m this year.

24 March 2014

Commerzbank and IDB issue a $115m loan to boost renewables in Brazil

Commerzbank and the Inter-American Development Bank have issued a $115m syndicated A/B loan to Banco Pine to help expand access to financing for environmentally sustainable projects in Brazil.

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