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Renewables News

SunEdison, TerraForm Power secure financing for UK solar projects

23 Jan 2015

Partners work with Santander and Bayerische Landesbank to build 85.2 MW of solar.

Forestry News

A warning to Scotland: ‘Tax competition’ matters

21 Jan 2015

Today, the Scottish government revised its new Land and Building Transaction Tax (LBTT) rules.

Forestry News

One of the Best 'Hard Assets' to Own in 2015

7 Jan 2015

The U.S. Dollar Index has gained nearly 15% in the last six months... an astounding move for a major currency. While this is great news for the purchasing power of U.S. consumers, it has crushed the value of almost all "hard assets" such as oil and precious metals – which are priced in U.S. dollars.

Renewables News

December hailed as record output month for wind power in Scotland

3 Jan 2015

December was a record month for wind power in Scotland, according to environmentalists who have hailed 2014 as a "massive year" for renewable energy.

Renewables News

ScottishPower eyes big expansion of onshore wind energy

26 Dec 2014

ScottishPower, the UK’s largest generator of wind power, has said it sees plenty of room for expansion in Scotland despite the opposition the turbines attract.

Forestry News

Close of successful final fund raising for FIM Sustainable Timber & Energy LP

17 Dec 2014

FIM Services, the specialist forestry and renewable energy investment manager, today announces the close of the successful final fund raising for FIM Sustainable Timber & Energy LP (STELP), securing new subscriptions of £33million

Forestry News

Holmen invests in increased paperboard and pulp production at Workington and Iggesund mills

10 Dec 2014

The production capacity for paperboard at Holmen's UK mill in Workington will rise by 10%, or 20,000 tonnes through a rebuild of the paperboard machine’s press section. The rebuild, which is expected to be completed during the first half of 2016, will also bring improved product quality, as the company said in the press release received by Lesprom Network. - See more at: http://www.lesprom.com/en/news/Holmen_invests_in_increased_paperboard_and_pulp_production_at_Workington_and_Iggesund_mills_65210/#sthash.QYI5agSf.dpuf

Forestry News

Norway takes the lead in prefabricated buildings market with the construction of 14 storey timber house

9 Dec 2014

Although the market for prefabricated building is relatively well established in Scandinavia, Norway is one country which has taken the biggest leap in prefabricated construction. In October of this year, the first timber elements were installed in a 14 storey (net area of 5830 sq. m.) residential building made of timber modules.

Forestry News

Softwood lumber prices have trended downward in the US, Russia and Japan this fall, while they have gone up in China and the Nordic countries

9 Dec 2014

Prices for softwood lumber imported to China increased this fall, while they fell in Japan as the housing market weakened. In the US, lumber prices were moving downward in the 3Q, while still being close to their highest levels in ten years, reports the Wood Resource Quarterly. In the Nordic countries and Russia, lumber exports have increased because of higher demand for wood in key markets in Europe and the MENA countries.

Forestry News

Timber, it is here to grow

8 Dec 2014

In the current economic climate, investors are reducing their exposure to volatile equity markets and other financial assets in favour of asset classes that offer better capital preservation and income generation. Natural resources and commodities are used often for this cause. One of the overlooked, but overly important and unique natural resources is timber.

Forestry News

FIM’s positive outlook on timber prices is being ratified

4 Dec 2014

FIM’s paper ‘Global Timber – Growing Value’, which discusses the future of global timber demand, forecasts that global timber consumption could increase by 35% from 2012 levels by 2020 (c. 5% p.a.). FIM believe this increase in global demand will be driven, in the short term by a recovery in the developed world causing construction output to rise rapidly, and in the longer term from increasing demand in the developing world, especially China. This will increase global timber consumption to record levels.

Forestry News

Imports of illegal timber fall in five major countries

4 Dec 2014

Five major timber importers have made progress in cutting contraband wood from their markets since 2010, argues a series of reports published by Chatham House.

Forestry News

Softwood felling rose by 8.4% in 2013

27 Nov 2014

Softwood felling rose by 8.4% in 2013, to 10.94 million tonnes, of this, 46% was from the Forestry Commission, and 54% from private forests.

Forestry News

How Scottish business sees the wood for the trees

15 Nov 2014

BBC Radio Scotland's Business Scotland programme has been talking all things wood with companies involved in sawmills, forestry management and harvesting, but also to those who make things which showcase the beauty of wood.

Forestry News

Timber industry urges policymakers to back low-carbon economy

5 Nov 2014

The £8.5bn timber industry will have a significant role in promoting the low-carbon economy according to a report launched by the Timber Accord - an alliance of the UK's timber trade associations.

Forestry News

Forest Garden invests in additional sawmill and treatment facilities

3 Nov 2014

In response to the unprecedented fence panel demand as a result of the storms through late 2013 and into 2014, Forest Garden has invested in additional sawmill facilities to complement its existing Sennybridge, Mid-Wales site to double the company’s sawmill output in that region.