New York offers $5m to help colleges and universities go green

The finance aims to allow places of education to ‘aggressively lower’ their carbon footprint, reduce energy use and improve climate resiliency

Going out of business sign
Rutherford Energy Supply Limited, trading as Uttily Energy, goes bust

The supplier provided around 280 businesses with their electricity – now it has ceased to trade, Ofgem will choose a new supplier to take on its customers

More than 2.5m households ‘being unfairly charged for utilities’

A new report from Echo Managed Services found more than 9% of customers have received inaccurate energy bills in the last year

Development banks ‘cutting renewable investment despite climate crisis’

Christian Aid says institutions such as the World Bank are not in line with the Paris Agreement goal of keeping global heating to 1.5°C

Investors plan to triple fossil fuel divestment rates over the next decade

Investors surveyed by Octopus Group plan to move $920bn out of fossil fuel investments in the next ten years

Bill Gates and EIB agree to accelerate support for tackling climate change

Speaking with EIB President Werner Hoyer earlier today, Bill gates stressed the importance of close cooperation between philanthropy and public finance

Europe’s railways and ports get greener with €117m of new funding

The finance will be shared by 39 sustainable transport infrastructure projects across the continent

Foresight Group powers up with double wind farm purchase

The infrastructure and private equity investment manager is now the owner of the 25MW Gruig facility and the 12.5MW Todmorden Moor site, located in Ballymena, Northern Ireland and West Yorkshire respectively

Government rejects EAC’s call to end support for fossil fuel industry

The EAC previously identified what it claims is an ‘unacceptably high’ level of financial backing for polluting energy projects in developing countries

Aquila European Renewables Income Fund to buy 34.5MW Finnish wind farm

The 11-turbine facility qualifies for the Finnish feed-in tariff support scheme