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23 April 2014

Dong’s Benji Sykes named co-chair of Offshore Wind Industry Council

Benj Sykes, UK country manager for Dong Energy Wind Power, has been named as the new co-chair of the Offshore Wind Industry Council .

23 April 2014

UK unveils eight projects for 4.5GW of new renewable energyp

Eight major renewable electricity projects have been unveiled as part of the UK government’s latest electricity reforms.

23 April 2014

Urban Green Energy secures $5m investment ahead of public listing

Distributed renewable energy company Urban Green Energy (UGE) has secured a $5 investment from strategic partner, Energine, an Asia-focused green energy company traded in Hong Kong.

22 April 2014

Finavera seals sale of 184MW Meikle wind power project to Pattern

Renewable project developer Finavera Wind Energy has sold the 184MW Meikle wind power project to Pattern Energy Group for gross cash consideration of $28m.

22 April 2014

InterGen buys into 155MW Mexican wind project

InterGen, a global power generation firm jointly owned by the Ontario Teachers’ Pension Plan and China Huaneng Group, has acquired a 50 per cent stake in a 155MW Mexican wind project,Energia Sierra Juarez.

17 April 2014

US Department of Energy announces $4bn in loans for renewable energy, efficiency projects

westmill_solar_170_170 The US Department of Energy has announced plans to guarantee $4bn in new loans for innovative green energy projects.

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

International Finance Corporation invests $25.8m in new Pakistani wind farmp

windfarm-copy International Finance Corporation, a member of the World Bank Group, is investing $25.8m in a new 50MW wind farm in Pakistan.

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

North American Development Bank provides $140m in loans for Mexican wind farms

wind-farm-copy The North American Development Bank has begun disbursement of two loans totalling $140m for the construction of two Mexican wind farms, Ventika and Ventika II, with a total nominal capacity of 252MW.

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

Orix plans to buy solar and wind companies in $1.5bn spending spree

japan_1701 Japanese financial services group Orix Corporation is planning to spend 150bn yen ($1.5bn) in the next 12 months, acquiring non-financial companies including solar producers and wind farm operators.

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.

15 April 2014

Goldman-backed Japan Renewable Energy buys 16MW of wind assetsp

japan_170Sq Goldman-backed independent power producer Japan Renewable Energy has bought 16MW of wind assets as the company continues to expand its renewable portfolio in the region.

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

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.

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