An influx of banks, equity investors and utilities into the global solar market pushed merger and acquisition activity up to a record $10.8bn (£6.9bn) in 2011, analyst Bloomberg New Energy Finance said today.
Europe needs to set targets for next generation biofuels if it is to develop an industry to rival that which is emerging in the US, the head of BP's biofuels business believes.
Danish turbine maker Vestas is looking to “carbon-conscious corporations” for big growth opportunities in the future.
When China's wind power industry exploded between 2008 and 2010, Sinovel led the way. One of Sinovel’s secret weapons was AMSC, which provided designs, power electronics and controls for Sinovel’s turbines.
The strength of Brazil’s wind industry will be seriously jeopardised if Vestas turbines remain off the authorisation list for use in projects eligible for loans from the national development bank BNDES, an analyst warns.
The Treasury has once again refused to explain its influence on low-carbon energy subsidies to MPs, as the government prepares to unveil changes to the renewable energy incentive regime.