Iberdrola-Backed AlgaEnergy May Build Mexico Biomass Plant
AlgaEnergy SA, part-owned by Spain’s Iberdrola SA and Repsol SA, is in talks with potential partners to set up a plant in Mexico to supply the American markets with biomass made from algae.
Musk Says Renewable Energy Shift to Bring ‘Strife’ for Utilities
Tesla Motors Inc. Chief Executive Officer Elon Musk said shifting to greater use of solar and wind power will challenge utility companies.
EU Leaders Said to Delay Decision on 2030 Targets for Emissions
European Union leaders intend next month to agree on a timeline for developing energy and climate targets for 2030, delaying a final decision on the polices, according to two people with knowledge of the matter.
Renewable Energy Generation to Expand UK Waste-fired Bioenergy Plan
Renewable Energy Generation Ltd., a British low-carbon asset developer backed by BlackRock Inc., will build six waste-to-power plants with Caterpillar Inc. and Finning U.K. Ltd. in an expansion of plans published last month.
Europe Divided on Supply Security as Renewable Energy Grows
European Union governments and the bloc’s executive arm are splitting over how to guarantee electricity supply as the region builds more renewable power.
Citi Sees Capital Markets Reviving Renewables as Banks Bow Out
Renewable energy companies will derive more of their funding from bond markets as banks curb lending to the industry, Citigroup Inc.’s head of environmental finance said.
Renewable Energy Loses Out in Europe's "Lame-Duck" Climate Plan
Wind and solar power producers say they're at risk of losing investment after the European Union's executive arm scrapped proposals for a mandatory target on renewable energy use in 2030.
Europe Dividing Over Most Ambitious Carbon and Climate Plans
The European Union is poised to take its first formal steps to expand the world’s most ambitious limits on fossil fuel pollution. That may widen a rift in how it balances green policies with the need for cheaper power.
Cameron Tells EU Renewables Goal May Cost UK 9 Billion Pounds
Prime Minister David Cameron urged the European Commission to reject calls for a renewable energy target, saying such a plan may cost U.K. consumers 9 billion pounds ($14.8 billion) a year by 2030.
Danish Pension Fund To Invest in Renewable Energy Projects in Developing Nations
PensionDanmark A/S and other Danish pension investors backed a state fund to finance emission-reduction projects in developing countries as the Scandinavian nation seeks to export its climate know-how abroad.