Energy transition
ERBD invest up to €5 billion in renewables stimulus
The European Bank for Reconstruction and Development (EBRD) has announced it will invest between €3-5 billion in sustainable energy projects in Eastern Europe before 2011 in an initiative to attract further co-financing of up to €10 billion.
London Array wind farm receives final investment
Utilities DONG Energy, E.ON and Masdar have announced that they will invest €2.2bn in building the first 630MW phase of the London Array offshore wind farm in the Thames Estuary.
Centrica invests in EDF's UK nuclear business
UK utility Centrica has bought a stake in EDF's newly-acquired nuclear business in the UK.
Shale gas production could reduce Europe's dependence on Russia
Rising shale gas production in the US and Canada as well as potential natural gas supplies from Iraq could reduce European energy dependence on Russia, according to a new study released today by Rice University's Baker Institute for Public Policy.
Biofuels get boost from clean energy revolution
The US Government has announced plans designed to boost the use of advanced biofuels through research, investment and the national Renewable Fuel Standard (RFS).
Ukraine's next generation
DTEK, Ukraine's only privately owned power utility, wants to become a leading energy player linking Ukraine, Russia and Europe. Roderick Bruce meets Vitaly Butenko, DTEK's chief strategy officer, to discuss the company's progress and plans for expansion…
An ethical Investment
Earth Capital Partners - the newly formed sustainable development investment business - plans to raise $5 billion over the next five years to invest in global SD projects. Katie Holliday talks to partner Ben Cotton and chief executive officer Rufus Warner
Landfill of Plenty
Government incentives to produce 'green' electricity mean that despite the credit crunch, new waste-to-energy technologies continue to attract interest from venture capitalists, raising hopes for further financing opportunities once the economy begins…
Summer 2009
The latest on investment and finance within the environmental and renewables sectors. In-depth features on the VERs market, US solar power contracts, waste-to-energy and a Q&A with Earth Capital Partners
RWE/E.ON and EDF win UK nuclear auction
The UK government has confirmed that the Nuclear Decommissioning Authority has successfully completed the auction of three potential new nuclear sites for a combined total of £387 million, significantly more than the government had previously expected to…
Dong extends offshore UK wind investment
Denmark based Dong Energy has announced that it will build a second offshore wind farm in the Irish Sea as part of a €1.3 million (US$ 1.7 million) investment plan.
No new coal without CCS, says Miliband
Energy secretary Ed Miliband announced yesterday that there will be no new coal plants built in the UK without carbon capture and storage (CCS) technology, in a move designed to place Britain at the forefront of technological developments.
China at forefront of clean coal technology
China is leading the way in developing new cleaner coal technologies according to the International Energy Agency (IEA), which says that advanced technologies with higher efficiency levels and the potential to reduce CO2 emissions are already widely used…
Smart thinking
Updating ageing power transmission infrastructure with smart grid technology must be a top priority if the US is to meet growing demand while fully harnessing the potential of renewable energy. By Pauline McCallion
House unveils draft cap and trade bill
Democrats in the House of Representatives issued draft legislation today proposing an 83% carbon cap by 2050 and a national renewable energy requirement of 25% by 2025.
Iberdrola Renovables: “No change in investment plans”
Spanish energy company Iberdrola Renovables has confirmed that it still plans to deliver all the wind projects planned for this year and will continue with its strategic plan to invest €18.8 billion by the end of 2012.
Suncor bids for Petro-Canada
Suncor has announced plans to boost its oil sands portfolio through a merger with Petro-Canada that will see the combined entity operate under the Suncor name.