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news

28 March 2014

US utility-scale solar capacity surges by 96 per centp

cspUtility-scale solar capacity surged by 96 per cent in the US in 2013, the fastest growth of any renewable source, according to recent data.

28 March 2014

The Renewable Infrastructure Group buys two UK solar parks for more than £34.5m

UK listed infrastructure investment company The Renewable Infrastructure Group (TRIG) has bought two solar photo voltaic parks in Devon and Essex for between £34.5m and £37m.

28 March 2014

NRG snaps up Roof Diagnostics Solar in a bid to meet rising demand

rooftop_solar170US energy company NRG Energy has acquired residential solar company Roof Diagnostics Solar in a bid to expand its retail solar business.

28 March 2014

China Development Bank issues $826m loan for GCL-Poly solar projects

solarpv_170sqChina Development Bank has granted the green energy supplier GCL-Poly a $826m loan to develop its solar farm business.

28 March 2014

World Bank kickstarts cleantech incubator in Ethiopiap

ethiopia_170The 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.

28 March 2014

Natural gas company NG Advantage raises $5.5m

Gas works_170SQNatural gas delivery company NG Advantage has raised $5.5m selling debt to investors according to a filing with the Securities and Exchange Commission (SEC). It says the company is targeting a total of $7m in the fund raising round.

27 March 2014

Japan to guarantee debt for geothermal projects in bid to attract investment

geothermal170Japan’s government is going to guarantee debt to build two geothermal power stations in a bid to attract investment by private institutions.

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

sse_wind1702013 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

EBRD finances first solar energy project in Romania with a €20m loan

a_solar_panel170The European Bank for Reconstruction and Development EBRD has issued a loan of €20m to the Madrid-based renewable energy company EDP Renováveis for the construction and operation of six solar parks in the Romanian region of Oltenia.

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