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Latin American Renewables Sector Enjoys Twin Funding Boost

Latin America's fast-expanding renewables sector received a twin-boost this week as two leading developers announced they had secured funding for giant wind farm projects in Chile and Mexico. Mainstream Renewable Power announced yesterday...

UK’s First Geothermal Power Plant Launches Crowdfunding Drive

A project to build the UK's first geothermal electricity site in Cornwall is now open for investment on crowdfunding site Abundance, with a target of raising £5m to kickstart construction. The United Downs...

Growth in Green Jobs Slows as Industry Waits for Government Action

The growth in the number of green jobs being created across the country has slowed over the last year thanks to the "bonfire" of clean energy policies under the current government, according...

Korea Development Bank Issues $300 Million Green Bond For Renewable Energy Projects

The Korea Development Bank has issued its first green bond aimed at funding implementation and expansion of renewable energy projects. The Bank raised $300 million from investors in Asia, Europe, and the United...

Smart City: Mayor Sadiq Khan Promises Funding Boost for 100 Clean Tech Firms

Mayor Sadiq Khan yesterday unveiled a new fund promising to provide £1.6m of funding to 100 London-based clean tech firms, in support of his vision to make the capital the "world's leading...

McDonald’s and L’Oreal Join CDP’s Latest Green Supply Chain Push

CDP has announced that its forest supply chain initiative has expanded with the addition of eight new corporates, including global brands L'Oréal and Johnson & Johnson. The investor-backed environmental disclosure group said the...

Octopus Confirms £300m Close for UK Renewable Energy Fund

Fund management specialist Octopus Investments Limited has successfully closed a new £300m fund dedicated to investing in operational renewable power projects in the UK. The company announced last week that backing from an...

GreenWish Partners Doubles Plans For Nigerian Solar Capacity Addition To 200 Megawatts

Investment company GreenWish Partners has doubled its planned capacity addition in Nigeria’s solar power market. GreenWish Partners now plans to set up 200 megawatts of solar power capacity in Nigeria after entering into...

Solar Street Lighting Launches £3.5bn Fund to Boost Rollout of Carbon-Saving Technology

A UK clean tech developer has launched a £3.5bn funding scheme to help local authorities and businesses install street lighting powered entirely by renewable energy. Solar Street Lighting announced yesterday it is offering...

UK’s First New Hydro Energy Storage Plant in 30 Years Given Green Light

Plans for what would be the UK's first new grid-scale electricity storage facility in more than 30 years have been given the go-ahead by the government, with construction now likely to begin...

Ecotricity Confirms Green Light for Latest Wind Farm

Ecotricity has said it plans to finish construction of its 6.9MW Alveston wind farm in Gloucestershire by the end of the year, capping a week of progress for the UK's onshore wind...

EBRD and AIFC Launch Study for Green Financial System in Kazakhstan

In a new step to support Kazakhstan’s path towards a greener economy, the European Bank for Reconstruction and Development (EBRD) is launching a study that will assess the potential of developing a...

Hawaii Bill Calls for 100% Green Transportation by 2045

Hawaii lawmakers want the state’s ground transportation to run entirely on renewables by 2045. As a majority of their imported fossil fuels go towards transportation, if every car on the road was...

Obama Gives Half A Billion Dollars To UN Climate Fund

Barack Obama has transferred half a billion dollars to the UN’s Green Climate Fund, just three days before Donald Trump’s inauguration.The president-elect has promised to stop all payments to UN global warming programmes.But...

Green Infrastructure Investment Set to Plummet 95 Per Cent by 2020

UK investment in renewables looks set to plummet by up to 95 per cent over the next three years, the think tank Green Alliance has warned in a new analysis of the...

Adani Coal Mine: Green Groups Fume over Plan for $1b Federal Loan

The environmental movement is up in arms over a move towards federal funding of up to $1b for a railway that will serve Adani’s proposed Queensland coal mine. A $2.2b rail link to...

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