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17 May 2010

UK’s Wave Hub marine energy project to be deployed in coming months

Wave Hub, the marine energy project that aims to create an electrical ‘socket' off the coast of Cornwall in south west England, is on-track to be deployed within the next few months.

17 May 2010

UK subsea construction company Subocean expands into Europe, eyes US markets

UK renewable energy services group Subocean has opened an office in Germany and appointed a business regional manager as part of its strategy for growth in Europe as it assesses the US market as way to diversify its business portfolio.

17 May 2010

UK government pledges to cut emissions by 10 per cent as it promotes green policies

Carbon emissions from the UK's central government will be cut by ten per cent over the next twelve months as the coalition party between the Conservatives and Liberal Democrats aims to be the greenest government to date, UK Prime Minister David Cameron said.

17 May 2010

Israel opens world’s largest reverse osmosis desalination plant

The world's largest reverse osmosis desalination plant has been opened in the Israeli city of Hadera by H2ID consortium, a joint venture between IDE Technologies and Shikun & Binui.

14 May 2010

US announces final greenhouse gas emissions rules

The US government has finalised greenhouse gas (GHG) emission rules from the largest stationary sources, exempting smaller polluters under the Clean Air Act, but signaling a commitment to climate change by the Obama administration.

13 May 2010

American Power Act unveiling welcomed by energy industry

The US climate change bill known as the American Power Act and introduced by Senators John Kerry and Joe Lieberman has been welcomed by the renewable energy industry, who urges it to now been moved swiftly through Congress.

13 May 2010

Wastewater treatment company Emefcy raises $5m

13 May 2010

World’s largest environmental fund GEF gets $4.25bn from 30 nations

More than 30 nations have pledged $4.25bn to the world's largest environmental fund, the Global Environment Facility (GEF), in the first significant multilateral step toward the commitments in Copenhagen on climate change and in other key international environmental agreements, said the GEF.

12 May 2010

South American hydropower to grow up to 2020p

Hydropower dominates renewable energy production in South America and is expected to show moderate growth until 2020 alongside thermal power, according to new figures.

12 May 2010

RWE’s renewables production jumps 40 per cent

Energy company RWE's renewables division produced 1.7 billion kWh of electricity in the first quarter of 2010, an increase of 42 per cent on the year before.

12 May 2010

Australia’s budget disappointing for renewable energy investment, Climate Institute says

Australia's pre-election budget unveiled by the ruling Labor Party yesterday has been described as disappointing on the back of the delay of its Carbon Pollution Reduction Scheme (CPRS), independent research organisation The Climate Institute said.

12 May 2010

US awaits climate bill introduction, proposals may veto offshore drilling

US Senators are set to unveil a long-awaited climate bill that will aim to increase US energy security and reduce its dependence on oil today.

12 May 2010

E.ON reports strong Q1 in renewables due to increased wind capacity

Investor-owned power and gas company E.ON said its first quarter EBIT in its new markets division, which encompasses its renewable energy activities, rose by 55 per cent to €246m. It said its climate and renewables segment in particular posted considerable higher adjusted EBIT on the back of a significant increase in its wind power capacity.

11 May 2010

Oregon Wave Energy Trust launches wave energy grant programme

US wave energy company Oregon Wave Energy Trust (OWET) has announced an industry matching grant programme for developing wave energy projects.

11 May 2010

Irish energy provider Energia signs energy purchase agreement with US company Ocean Energy Systems

Irish independent energy firm Energia has signed a preliminary off-take energy purchase agreement with US company Ocean Energy Systems (OES), which manufacturers a wave energy converter to produce electricity.

10 May 2010

Investment manager Alquity launches first in range of Africa funds

Investment manager Alquity has launched its first in a range of funds that aim to generate attractive returns through sustainable and responsible investments in Africa.

10 May 2010

UK general election cannot afford to delay renewable energy investment, says REA

The UK cannot afford any stalling if it is to meet its legally-binding renewable energy target, the CEO of the Renewable Energy Association (REA) said in response to last week's general election in which no party won enough votes to form a majority government.

7 May 2010

Indian wind turbine maker Suzlon in talks with Caparo Group, say reports

Indian wind turbine manufacturer Suzlon is in discussions with steel conversion and distribution business Caparo Group to build 3,000MW of wind farms, according to reports.

6 May 2010

European development finance institutions to establish climate change fund

A joint climate change fund is to be established by Agence Française de Développement, the European Investment Bank and European Development Finance Institutions.

6 May 2010

Canada falls behind US clean energy investments by $11.4bn, report findsp

Canada's clean energy sector is falling behind its US equivalent because its federal government has created a CAN$11.5bn ($11.4bn) investment gap into renewable energy, according to a report by Blue Green Canada.

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