11 Feb 2016

Green power is cheap enough to compete with fossil fuels and will buck the trend of falling investment in oil and gas as it can offer long-term returns sheltered from political risk, investors and industry analysts say. Oil prices have dropped by around 75 percent since mid-2014, leading the International Energy Agency (IEA) to predict […]

09 Feb 2016

The US House of Representatives has passed the Electrify Africa Act to help develop renewable electricity supply in the sub-Saharan Africa. The bill, which passed on Monday and will now be sent to President Obama to be signed, sets a framework for a public-private partnership between the US and sub-Saharan governments to “develop an appropriate […]

08 Feb 2016

Beijing Enterprises has bought a German waste management company for €1.44bn, in the largest ever Chinese acquisition of a German business. Private equity group EQT said on Thursday it had agreed to sell its EEW Energy from Waste operation to the Chinese conglomerate, which is controlled by the Beijing city government and has interests in waste management, gas […]

03 Feb 2016

We recently wrote about how the spending bill signed in December favors solar power with better and longer renewable energy tax credits than it gives to wind power. However, solar also did better in the extenders” bill than the one technology responsible for generating the most energy from renewables in the US today: biomass. The tax extenders […]

03 Feb 2016

Shares in BP fell 10 per cent after the UK oil major reported its worst ever annual loss, hit by billions of dollars in writedowns and restructuring charges in the wake of the crude price collapse. In a year in which the company recorded a $9.8bn charge to settle US claims related to the Deepwater Horizon disaster, the […]