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11 April 2014

2013 sees 95 per cent drop in US wind turbine installation amid tax credit uncertainty

The US wind industry saw a record 92 per cent drop in installations in 2013 with only 1GW of capacity added, down from 13GW of added capacity in 2012, according to data gathered by the American Wind Energy Association.

11 April 2014

Japan says nuclear is a key power source as cabinet approves first energy strategy since Fukushima

japan_170 Japan has highlighted nuclear energy as a key energy source as its cabinet approves the country's first energy strategy since the 2011 Fukushima crisis.

11 April 2014

EBRD exits Polish energy company ENEA with a €7m lossp

Euro_money1701 The European Bank for Reconstruction and Developement has sold its remaining stake in Polish energy company ENEA, taking a €7m loss.

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

TransAlta Renewables to raise $125m selling shares

Canadaflag_1701 Canada's largest publicly traded power generator and marketer of renewable energy TransAlta Corporation is planning to raise $125m selling 11m common shares at a price of $11.40.

10 April 2014

Blackstone-backed Fisterra reaches a financial closing for Mexico’s largest onshore wind farm

NewMexico_170 Blackstone backed Fisterra Energy has reached a financial closing for the $650m Ventika wind project, slated to be Mexico’s largest wind farm.

10 April 2014

UK government slammed for ‘anti-wind posturing’ as it tightens grip on onshore planning process

wind_2_070312_170 UK renewable power companies are hitting out at new moves to delay wind farm developments, saying the development increases uncertainty for investors in clean energy.

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.

9 April 2014

United Wind hires former Morgan Stanley managing director to woo new investors

Toronto_Turbine_170 Decentralised wind energy company United Wind has taken on former Morgan Stanley managing director Aaron Lubowitz as chief operating officer to help implement the company’s expansion plans and woo new investors.

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.

8 April 2014

Texas pumps $2.2m into offshore wind research

texas_170 The Texas Emerging Technology Fund has awarded $2.2m to the Texas A&M University (TAMU) Wind Energy Centre for an offshore wind energy research project.

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.

3 April 2014

Private equity investment in renewable energy plunges by 32 per centp

ICE-renewables_170SQ Private equity and venture capital investment levels in the G-20 declined for the fourth consecutive year in 2013, falling 32 per cent signalling deteriorating confidence in the sector.

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