Bill Clinton opens 2.7MW US solar plant

Former US President Bill Clinton has opened a state-supported 2.7MW solar plant in the US. The New York State Energy Research and Development Authority (NYSERDA) and EnterSolar have announced the installation at reinsurance firm Swiss Re Americas’ headquarters will shortly enter operation. The 7,720 solar panels, installed across 10 acres of previously unused land, are expected […]

IKEA, H&M, Mars back 100% green energy pledge

Some of the world’s biggest brand names signed up to a campaign to encourage major businesses towards solely using green energy. The flatpackers IKEA, insurers Swiss Re, fashion brand H&M and food groups Mars and Nestlé are among the firms joining the RE100 campaign. Its stated goal is that “by 2020, 100 of the world’s […]

Insurance industry must back renewables

The insurance industry could help provide key support to the development of renewable energy solutions and mitigate climate change. In a new report ‘Building a sustainable energy future: risks and opportunities’, reinsurance firm Swiss Re has highlighted the important role insurers must play in providing “new growth opportunities” for the renewables industry. Under Swiss Re’s […]

Money matters are biggest renewable energy risk

Financial risk is seen as the biggest hazard for renewable energy projects by business chiefs, according to new research by the Economist Intelligence Unit (EIU) and Gherkin-based insurance firm Swiss Re. The EIU report, ‘Managing the risk in renewable energy’ looked at the types of risk facing operators and financiers. It found that three quarters […]