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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

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

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.

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.

8 April 2014

Carnegie Wave Energy gets $3.2m in Aussie grant funding

crestcomm_boat_130312_170_170 Wave power developer Carnegie Wave Energy is receiving $3.2m in grant funding from Australian government and the Western Australian State Government.

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.

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.

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.

2 April 2014

Funding problems force Ocean Power Technologies to cancel US wave power projectp

wave_170 Funding problems have forced Ocean Power Technologies to cancel a wave power project off the West Coast of America and focus on its business in Australia.

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.

1 April 2014

Australian wave power pioneer Oceanlinx goes bankruptp

tidal_wave1701 Wave power pioneer Oceanlinx has entered receivership part way through installing what would have been the world's first 1MW single-unit wave energy generator.

1 April 2014

Norwegian wave power developer Langlee hunts €10m investmentp

Waves1_170 Wave power developer Langlee is looking to raise $2m in funding to install a prototype wave power generation unit off the coast of Gran Canaria in the Canary Islands.

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.

24 March 2014

EU delays decision on 2030 climate targetsp

European_union_PPCOE_170_170 European Union leaders have delayed a decision on ratifying the region’s 2030 EU climate and energy goals by seven months sparking concerns investment in the bloc's renewable energy sector could be discouraged.

19 March 2014

Cleantech investment vehicle Infuse Ventures make second close on $18mp

a_solar_panel170 Clean technology investor Infuse Ventures has held a second close on its latest fund on $18m. The vehicle is targeting a final target of $20m.

19 March 2014

UK government accused of undermining green investment after freeze in carbon price floorp

Coal-plant_170 The UK green and renewable energy industry has hit out at Chancellor George Osborne after his announcement to freeze the carbon price floor in his latest Budget - a dramatic u-turn that could scare away investors in the sector.

19 March 2014

Carnegie Wave Energy secures $20m loan

waves170 Wave energy developer Carnegie Wave Energy has signed a $20m loan facility with the Australian government-owned Clean Energy Finance Corporation.

17 March 2014

Sustainable investment body urges UK government to protect green policies

n_pol_osborne_170 Chancellor George Osborne is being urged by the UK Sustainable Investment and Finance Association to protect green policies ahead of his budget speech on Wednesday.

17 March 2014

New cleantech incubator launched in New York

Empire_State_170 New York City Economic Development Corporation and the New York University Polytechnic School of Engineering have opened a new green technology business incubator.

12 March 2014

SCORE hands out £58,000 in grants for UK SMEsp

offshore-substation-alstom-170SQ UK grant programme Supply Chain innovation for Offshore Renewable Energy (SCORE) is handing out £68,000 in grants for three UK-based SMEs

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