Switzerland increases available solar rebates to $388m to support struggling market

The boost of funding available for solar rebates aims to lessen the impact of the pandemic upon the solar market and encourage more consumers to go ahead with installations

UN launches ‘world’s largest platform’ for air quality data

Air pollution not only affects people’s health but also the ecosystems and food production and is linked to climate change

innogy Ventures invests in Swiss smart mobility tech firm

The insights provided by Teralytics’ platform are expected to support the global shift towards electric vehicles

ENGIE takes over Swiss energy solutions provider tiko

Its platform allows customers to group all their electrical devices in a virtual power plant and help manage fluctuations on the grid

Zurich UK banks on new accreditation to green supply chain

It is designed to help the insurance giant increase transparency by measuring and tracking its suppliers’ environmental and community activities

Petrochemicals giant INEOS buys Swiss football team

Petrochemicals giant INEOS has added a football team to its array of noncore investments. The investment in FC Lausanne-Sport is part of the company’s support for youth and community sports. The football team has won the league seven times and is currently sixth in the Swiss Super League. The company, which operates a shale gas […]

Council greenlights EU-Swiss emissions trading link

The European Council has given the green light for the agreement linking the EU and Swiss emissions trading systems (ETS). It will now forward it to the European Parliament for its consent in order to conclude the agreement. The ETS is one of the main tools for cost effectively reducing greenhouse gas emissions, in particular […]

UK ranked sixth most sustainable country in the world

Sweden has been dubbed the most sustainable country in the world in a new ranking, beating the UK which came in sixth place. A new report rated a total of 59 countries on a range of environmental and social issues, including how a country’s government deals with an ageing population, the type of policies and […]

ABB buys solar energy firm for $1bn

Swiss engineering firm ABB is set to buy a Californian solar energy company for $1 billion (£656m). Power-One makes solar inverters (pictured), which converts direct current generated by solar cells into alternating current needed by electricity grids. According to ABB, the solar inverter market is forecast to grow by more than 10% a year until […]

Nestlé to cut greenhouse gas emissions by 35%

The owner of brands such as Nescafe, KitKat and Cheerios has upped its green credentials and announced its plans to cut greenhouse gas emissions by 35% by 2015. As part of its new set of environmental commitments, the Swiss multinational firm also aims to cut energy consumption by a quarter in the next two years, […]