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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.

3 April 2014

US clean energy investment falls nine per cent amid policy uncertainty

World_170SQ Amid policy uncertainty US clean energy investment in 2013 was $36.7bn, down 9 per cent on the previous year.

3 April 2014

Indian’s Suzlon sells Big Sky wind farm to private equity investor Terra Firma

wind_ Indebted Indian turbine maker Suzlon is planning to sell one of Illinois’ biggest wind farms to EverPower Wind Holdings, a wind farm operator backed by private equity firm Terra Firma.

2 April 2014

Spain’s Abengoa targets $600m in upcoming IPO for energy vehicle

Spanish engineering group Abengoa has announced its intention to raise $600m in the initial public offering of its energy vehicle Abengoa Yield.

2 April 2014

Troubled Italian energy company Sorgenia prepares to sell renewable assets

Italy_flag170 Troubled Italian energy company Sorgenia is planning to sell its renewable energy assets as part of efforts to stabilise the company.

2 April 2014

Beleaguered Indian energy company Suzlon plans to raise $1.7bn in Senvion share sale

windmills_gathered_170SQ Suzlon Energy is planning to raise $1.7bn selling shares in German subsidiary, Senvion.

2 April 2014

First Wind Capital to raise $75m for wind farm projects

FirstWind_Ver_170 First Wind subsidiary First Wind Capital has announced its intention to raise $75m in a private placement to help fund its 150MW Oakfield wind farm project in Maine.

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

Vestas joint venture with Mitsibishi Heavy Industries springs into life

Vestas_China1_170 The joint venture between Mitisbishi Heavy Industries and Danish turbine maker Vestas, MHI Vestas Offshore Wind, is now operational.

1 April 2014

Wind turbine giant Vestas secures €1bn revolving credit line

Vestas_dark_170_170 Danish wind turbine maker Vestas has signed an agreement with six banks for a revolving €1bn revolving credit facility that runs for five years.

1 April 2014

Turbine-maker Wind Power Holdings raises $5m selling equity

windenergy170 Northern Power parent Wind Power Holdings has raised $5m selling equity to investors, according to an SEC document filed on Monday.

31 March 2014

Nuclear operator Exlon accused of misrepresenting wind subsidy data

The American Wind Energy Association has released data it says contradicts claims by nuclear operator Exelon that the renewable subsidies are causing unfair costs for nuclear power stations.

31 March 2014

UK Green Investment Bank plunges £461m into offshore wind amid private sector uncertaintyp

offshore_170 UK Green Investment Bank has spent £461m buying stakes in two British offshore wind projects in a bid to bolster the sector as large private sector companies pull back.

28 March 2014

Virginia makes grants worth $850,000 to develop offshore wind

Virginia has issued $860,000 in grants to four businesses to fund research that will accelerate the development of offshore wind power and the industry’s supply chain.

28 March 2014

World Bank kickstarts cleantech incubator in Ethiopiap

ethiopia_170 The World Bank has launched a new cleantech business hub, the Ethiopia Climate Innovation Center in Addis Ababa to support enterprises that address climate change and boost the local economy.

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

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.

27 March 2014

EQT buys majority stake in wind farm weather forecaster StormGeo from Reitenp

EQT Mid Market has bought a majority stake in StormGeo, a global provider of weather information for offshore projects and wind farms.

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