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Posts Tagged ‘renewable energy’

18 October 2010

China emerges as fierce competitor for renewable energy investmentp

Strong government funding and a growing appetite for renewable power has led China to emerge as one of the world’s fiercest competitors for energy investment.

17 September 2010

Bank of America exceeds renewable investment targets

Bank of America announced today that it was ahead of schedule with its plans to invest $20bn over ten years in helping both the bank and its client base transition towards a low-carbon economy.

14 September 2010

US union holds China to account on ‘protectionist’ renewable energy practicesp

A lawsuit filed by US trade union United Steelworkers (USW) against China for what it calls ‘protectionist practices’ in the renewable energy industry highlights the growing desire to secure national leadership in an uneven global playing field.

14 September 2010

Japan to challenge Canadian feed-in tariffs at WTO

Japan said it will lodge a case against Canada at the World Trade Organisation (WTO) over conditions on feed-in tariffs for renewable energy in the province of Ontario, according to reports.

10 September 2010

Hitting UK 2020 targets will need step-change in renewables adoption, expert warns

Meeting the UK’s 2020 renewable energy targets will mean a step-change in the rate of progress, a ramp-up of the pace of investment and entail significant delivery risks, according to a stern letter by the chair of the Committee on Climate Change to Energy Secretary Chris Huhne.

8 September 2010

Crystal Rig II wind farm begins operations in Scotland

Project developer Fred Olsen Renewables has officially opened the second phase of its Crystal Rig wind farm, which is already supplying 138MW to the grid.

7 September 2010

juwi switches on Bulgaria’s largest solar plant

A 3.6MW solar park built by juwi Solar in Drachevo, Bulgaria has been connected to the grid, becoming country’s largest solar project to date.

6 September 2010

Germany’s nuclear energy plan puts renewable energy investment at risk

The German government’s decision to prolong the lifetimes of nuclear power stations has put investment into its renewable energy industry in jeopardy, the country’s energy business lobby group said today.

13 August 2010

Australia pushes forward with renewable energy as political parties battle for powerp

As a new report finds that Australia will need to invest AUD370bn ($330bn) to become a 100 per cent renewable energy nation by 2020, cleantech policies are likely to be central to the country’s upcoming election on 21 August.

9 August 2010

China to launch $739bn new energy investment plan

China is to publish an investment plan that will see new energy sectors receive RMB5tr ($739bn) of funding by 2020, according to reports.

4 August 2010

Banco de Galicia secures funding to encourage private sector cleantech investment

Inter-American Development Bank, which said one of the main challenges for renewable energy projects in South America is the lack of financing for private sector investments, has agreed to finance a sustainable facility to tackle this problem.

21 July 2010

Invesco Perpetual manager wants greater policy certainty for UK renewable energy investments

Neil Woodford, head of investment at UK-based Invesco Perpetual, will not make commitments to the renewable energy sector unless there is greater certainty over government policy and increased guaranteed returns.

19 July 2010

Indonesia receives $300m climate change mitigation loan from Japan International Cooperation Agency

The bilateral development agency Japan International Cooperation Agency (JICA) has signed a $307m loan with Indonesia to fund its ambitious climate change mitigation agenda.

1 July 2010

Renewable Portfolio Standards critical for renewable energy growth in US states, says studyp

Renewable Portfolio Standards (RPS) will be the most crucial driver in determining the pace of renewable energy growth across US states, according to a new study.

30 June 2010

IFC commits up to €25m in Green for Growth Fund

IFC, a member of the World Bank Group, has agreed to invest up to €25m in the Green for Growth Fund Southeast Europe in an attempt to stimulate financing of sustainable energy projects within the region.

28 June 2010

Desertec proposes Pan-Asian electricity network to export Australia’s solar energyp

Desertec, an organisation set-up to establish solar energy projects in desert regions, said the creation of a Pan-Asian energy network could see Australia export energy from solar plants to the rest of the region.

24 June 2010

Utility AGL welcomes changes to Australia’s Renewable Energy Target

AGL Energy, an integrated renewable energy company, said it welcomes the passage of legislative changes by the Australian Senate to the operation of the Renewable Energy Target (RET).

24 June 2010

FGL Group’s name change to NextEra Energy fully implemented to ‘reflect diverse portfolio’

The ticker symbol for NextEra Energy’s common stock listed on the New York Stock Exchange has officially changed from FPL to NEE as the company aims to broaden its portfolio in the renewables sector.

22 June 2010

Beyond Zero Emissions releases plan to have 100 per cent renewable energy in Australia by 2020

Beyond Zero Emissions, an Australian not-for-profit organisation, has developed the Zero Carbon Australia 2020 Stationary Energy Plan (ZCA2020), which outlines a way for Australia to transition to 100 per cent renewable energy within ten years.

7 June 2010

Renewable energy could supply 95 per cent of world’s electricity, new research says

Renewable energy could account for 95 per cent of the world's electricity supply by 2050, according to new research by leading climate change academics and lobbyists.

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