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Climate Bonds Initiative releases criteria for solar assets

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
The Climate Bonds Initiative has released proposed eligibility criteria for solar assets under the Climate Bond Standard and Certification Scheme. Sean Kidney, Climate Bonds CEO The criteria specifies the amount of non-solar fuel back-up, or hybridization ...

AECOM employees to support Pollinate Energy

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
Three AECOM employees will volunteer to join Pollinate Energy, a not-for-profit social enterprise that is providing affordable clean energy solutions to people in India's urban slums. AECOM landscape architect Belinda Dods, environmental engineer Rosanna ...

Net Balance Foundation joins CitySwitch program

RACHEL ALEMBAKIS  |  FRIDAY, 9 AUG 2013  |  NEWS
The Department of Resources, Energy and Tourism has granted AU$1 million to expand the reach of the CitySwitch energy efficiency program. The money was allocated through the department's Energy Efficiency Information Grants (EEIG) program by the Net ...

CEFC provides $75 million to Energy Developments Limited

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 JUL 2013  |  NEWS
The Clean Energy Finance Corporation (CEFC) will provide AU$75 million in financing to Energy Developments Limited (EDL) for investment in projects to generate energy from waste coal mine gas and landfill gas and remote hybrid renewables projects. CEFC ...

UCA Funds Management holds first investor briefing

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUL 2013  |  NEWS
UCA Funds Management has held its first investor briefing, discussing the structure and returns of its three portfolios, its investment approach to selecting Australian equities and disclosing that a AU$7.7 million loan relating to the now-defunct Acacia ...

CEFC study advocates demand management for electricity use

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 JUL 2013  |  NEWS
Demand management - a cooperative approach to saving energy - could save billions of dollars from electricity bills in Australia, according to a study commissioned by the Clean Energy Finance Corporation (CEFC). CEFC CEO Oliver Yates The study, Investing ...

ETS proposal put auctions, carbon hedging on tighter agenda

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUL 2013  |  NEWS
Prime Minister Kevin Rudd has announced a proposal to bring forward the start of the floating emissions trading scheme (ETS) to 1 July 2014. The proposal would end the fixed price on carbon a year early and catalyse liable entities to organise their ...

CEFC in active discussions with project proponents

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUL 2013  |  NEWS
The Clean Energy Finance Corporation (CEFC) is in "active discussions" with over 50 project proponents, according to CEO Oliver Yates. CEFC CEO Oliver Yates The CEFC officially began investing in 1 July, but Yates previously told The Sustainability ...

Algae.Tec signs agreement with Macquarie Generation

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 JUL 2013  |  NEWS
Biofuels company Algae.Tec has signed a deal with Macquarie Generation to site an algae carbon capture and biofuels production facility beside a 2640MW coal-fired power station in New South Wales. The agreement with Macquarie Generation, which is owned ...

PRI to launch new reporting, assessment framework in October

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2013  |  NEWS
The UN Principles for Responsible Investment (PRI) will launch its new reporting framework in October, an undertaking that is "one of the most important things the PRI can do," said Fiona Reynolds, PRI managing director. Fiona Reynolds, UN PRI managing ...