low carbon

French bank BNP Paribas has priced its first €500 million green bond, the net proceeds of which will be allocated to a series of environmentally sustainable fields including renewable energies.

Low carbon energy sources were responsible for producing more than half of Britain’s electricity for the first time in Q3 2016, according to a new quarterly report commissioned by Drax Group.

The Irish minister for communications, climate change and natural resources has sought to manage expectations for the country’s nascent solar market, indicating that not all of the applications currently in the pipeline will be supported by the government.

The first solar panels have been fitted at Gloucester Cathedral which is set to become the oldest cathedral in the UK to install a commercial size system on the roof.

A coalition of global firms has launched a competition to identify and develop new solar and energy storage technologies in an effort to accelerate the scaling of solutions for 100% renewable energy.

Forster Energy has partnered with Renewable Energy Investments (REI) to offer a power purchase agreement (PPA) model allowing a wide range of potential clients to adopt solar energy at zero upfront cost.

London’s solar strategy will be published in spring 2017 as part of a wider environmental policy consultation to be released under the new deputy mayor for energy and environment, Shirley Rodrigues.

Scottish Water has pledged to spend £9 million over the next three years on a number of solar projects in the single biggest investment in the technology by the utility.

Despite outperforming the rest of the UK, Scotland will need to increase its renewable electricity deployment by 1.3GW per year to 2020 if it is to meet its decarbonisation targets, according to a new report from the Committee on Climate Change (CCC).

The conservative think tank Policy Exchange has thrown its weight behind the government’s proposals to axe solar thermal from the Renewable Heat Incentive, claiming that lower cost non-renewable technologies should be allowed onto the scheme.