Shell injects £1.2bn into its retail arm

Shell Energy’s losses grew last year amid the energy market volatility

UK’s natural capital ‘is worth almost £1 trillion’

The Office for National Statistics says it has started ‘building accounts of the UK’s nature’

Green funding
Cut-rate financing ‘could significantly speed up decarbonisation’

A new report claims low interest loans can be used to slow the rate of emissions growth in developing nations

UK firm wins contract for Arab city’s waste strategy

A British sustainability consultancy has won a contract to develop an integrated waste management strategy for the capital of Saudi Arabia. Ricardo-AEA was chosen by Arriyadh Development Authority to help set the city of Riyadh’s waste policies for the next two decades. The largest city in Saudi Arabia and home to one-fifth of the population, […]

UK-based clean energy investment fund raises €200m

A London-based investor group focused on investment in clean energy infrastructure projects in Europe has raised €200 million (£172.2m) towards its second fund. The fund will last for ten years, with the aim of raising as much as €450 million (£387.4m), newly founded Glennmont Partners said in a statement. The firm raises long-term capital to […]

Mayor criticised on plans to make London the electric capital vehicle of Eu

The Mayor has been criticised for his target in achieving 100,000 electric vehicles in London and making it the electric vehicle capital of Europe. The pledge made in 2009 is only 2% of the way towards his goal as there are only just over 2,300 electric vehicles in London and only 400 charge points across […]

SSE sells wind interests

SSE has sold a 50% share, 36MW, in the Braes of Doune onshore wind farm to a fund managed by Climate Change Capital for £61.3 million.The agreement follows the April 2011 sale to Infinis of SSE’s 100% interest in three onshore wind farms, with a total capacity of 96.8MW, for £178.4 million. Gregor Alexander, Finance […]