Posts Tagged ‘Bank’

Crews carry out Site C construction work on the north bank of the Peace River in 2017.

Brazil has flooded large swaths of the Amazon for hydro dams, despite opposition from Indigenous Peoples, environmentalists and others. The country gets 70 per cent of its electricity from hydropower. View full post on Wind Power News

Green Investment Bank sold too cheaply, watchdog says

National Audit Office report puts Macquarie deal at low end of valuation with extra tens of millions lost from rejection of phased sale option Ministers missed out on tens of millions extra on the sale of the Green Investment Bank (GIB) in August, according to the spending watchdog. The National Audit Office said the £1.6bn […]

Royal Bank Of Canada Reaffirms “Outperform” Rating for Pattern Energy Group Inc

's stock had its “outperform” rating restated by research analysts at Royal Bank Of Canada in a report released on Friday, StockTargetPrices.com reports. Pattern Energy Group traded down 0.48% during mid-day trading on Friday, reaching $31.40. View full post on Wind Power News

Replacing coal will not break the bank after all

When the Oregon Legislature debated a landmark bill in March to phase out coal power in Oregon and require more renewable energy, Republican lawmakers, business groups and some Public Utility Commission officials predicted it would jack up power costs and harm industry. But those fears appear to be overblown, based on the first round of […]

It’ll take more than a tickle to push bank customers into switching

The Competition and Markets Authority’s suggested measures for reform of the banking sector will have little effect The Competition and Markets Authority (CMA) had three options. The first was the radical one of breaking up the big banks on the grounds that nothing less would address the “striking” stability in market shares over time. The […]

Green bank raises A 355m for offshore wind fund

Congratulations, you’re now registered! Let us know what news and updates you want to hear about and we’ll send them straight to your inbox. The UK’s Green Investment Bank has raised 355 million from investors including Strathclyde Pension Fund to plough into offshore wind projects. View full post on Wind Power News

Clean energy bank ‘seeks legal advice’ after Coalition pulls plug on wind and solar projects

Abbott government insists the Clean Energy Finance Corporation’s mandate is to focus solely on ‘new and emerging technologies’ The Clean Energy Finance Corporation (CEFC) is seeking legal advice after the government instructed it to halt investment in wind power and small-scale solar projects. On Sunday the federal government confirmed that wind and rooftop solar projects […]

Green bank ‘doing what it was meant to’

The federal government says the nation’s so-called green bank is doing what it was meant to do – fund large, not small-scale, solar projects. Labor believes a government investment ban on wind energy has been extended to projects such as rooftop solar, based on a second revision of a directive to the Clean Energy Finance […]

Coalition bans government’s clean energy bank from financing wind power

Trade minister confirms Clean Energy Finance Corporation will no longer invest in wind projects, but disputes report that Greg Hunt was outmaneuvered The federal government has ordered the Clean Energy Finance Corporation (CEFC) not to make any future investments in wind power, instead focussing on “emerging technologies”, trade minister Andrew Robb has confirmed. Fairfax media […]

Green investment bank to launch £1bn offshore wind fund

UK’s green bank looks for long-term investors to buy equity stakes in windfarms already in operation The government’s Green Investment Bank (Gib) has announced plans to raise £1bn to encourage new investors to put money into offshore windfarms. Unveiling its first set of annual results, the bank said it was looking for long-term investors for […]