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28th November 2008
In an open letter to president-elect Barack Obama, the Western Governors Association urged rapid action in adopting and implementing a national energy plan.
The WGA believes a number of measures need to be implemented swiftly to transform the country’s energy infrastructure and economy.
Governor Jon Huntsmen, chairman of the WGA, said, ‘The transformation we are talking about [...]
28th November 2008
Tidal energy company Marine Current Turbines intends to apply for a lease from the Crown Estate to install its tidal technology in Scotland’s Pentland Firth.
28th November 2008
Due to the bleak economic outlook, global manufacturer of petrochemicals INEOS has put plans to build a biodiesel plant in Grangemouth, Scotland, on hold.
28th November 2008
The Norwegian ministry of Petroleum and Energy gave the go-ahead for energy company Hydro to increase its level of hydropower at Tyin power station.
28th November 2008
Due to the bleak economic outlook, global manufacturer of petrochemicals, INEOS, has put plans to build a biodiesel plant in Grangemouth, Scotland, on hold.
28th November 2008
Following the initial acquisition of Caley Geothermal in November 2006, Canadian renewable energy company Sierra Geothermal Power (SGP) is now set to acquire 100 per cent of the company by issuing 18,000,000 shares over a three-year period.
28th November 2008
REpower Systems and Deutsche Offshore Testfeld und Infrastrukturgesellschaft (DOTI) have signed an agreement for the supply and installation of six Repower 5 MW wind turbines in a move to create the first German offshore wind farm, alpha ventus.
28th November 2008
Despite the economic downturn, the biofuels sector has continued to gather pace, with global fuel ethanol production increasing by 25 per cent in 2007 to more than 50 billion litres, according to the latest report published by CBDM.T.
28th November 2008
Despite earlier warnings that renewable energy companies should seek to keep their services competitive, the recent softening in oil prices could serve to detract customers from installing renewable energy technology altogether, according to a report from CarbonFree.
28th November 2008
Oil and fuel giant Royal Dutch Shell has teamed with the Massachusetts Institute of Technology in the US and five other institutions around the world to work together to find new sources for biofuels, improve efficiencies, and lower costs, according to a statement.
28th November 2008
Around 80 per cent of corporate sustainability executives surveyed from across North America plan to maintain or increase levels of sustainability-related spending in 2009, despite the current economic conditions, according to a survey from Panel Intelligence.
27th November 2008
Three new Acts of Parliament, the Climate Change, Energy and Planning Bills have been passed this week. The acts will help facilitate the UK’s transition to a low-carbon economy, deliver a long-term, secure energy supply, and enshrine in law ambitious targets to reduce our greenhouse gas emissions by 80 per cent, according to Energy and Climate Change Secretary, Ed Miliband.
27th November 2008
German solar company Colexon Energy will merge with Danish solar and wind farm operator Renewagy, expected to take place on January 1, 2009, subject to shareholders’ approval.
27th November 2008
The Acjachemen Nation, otherwise known as the Juaneno Band of Mission Indians, has established a joint venture between alternative fuel company AN Group and waste energy manufacturer Waste-to-Energy Group, called ANEW, committed to renewable energy initiatives.
27th November 2008
Californian contractor Webcor Builders has agreed to become a limited partner in a green building fund set up by US venture capital firm Navitas Capital.
27th November 2008
The Australian Government will fund half of a $6.6m solar power station to be built in Alice Springs as part of their Alice Solar City initiative.
27th November 2008
European mid-market private equity and renewable energy infrastructure investor HgCapital has added another two professionals to its renewable energy team, which now comprises seven specialists. The new associates are Luigi Pettinicchio and Luis Quiroga.
27th November 2008
German energy company E.ON said it would stand by its €63bn investment program for 2007-2010, with €6bn being ploughed into renewable energy projects by 2010.
27th November 2008
Global energy company, BP and the Chinese Academy of Sciences (CAS) have established the Clean Energy Commericialisation Centre (CECC) in Shanghai, jointly investing approximately $73m in an effort to commercialise Chinese clean energy technologies.
27th November 2008
With the US on the brink of change following Barack Obama’s historic triumph in the presidential election, those in the clean energy space were left considering what this would mean for the US’ burgeoning green economy. In a web video released last week for the Bi-Partisan Governors Global Climate Summit, the President-elect pledged new leadership to address global climate change.
27th November 2008
EDF Energies Nouvelles has commissioned the 70 MW Campidano wind farm in Sardinia, Italy.
27th November 2008
Japanese electronics company and solar panel manufacturer Sharp and Italian power company Enel are to invest some ¥100bn ($1bn) in establishing solar power plants in Italy, according to reports.
27th November 2008
Thai investment firm MFC Asset Management, though its energy-focused MFC Energy Fund, has invested ?355m ($10m) in fuel cell manufacturer Cellennium.
27th November 2008
Green buildings-focused private equity firm Navitas Capital is targeting a first closing on of its debut fund in early 2009, according to the firm’s managing partner and co-founder Jim Petit.
26th November 2008
Los Angeles is set to become the US’ first solar city by generating up to ten per cent of its electricity through solar power by 2020, according to the city’s comprehensive Los Angeles Solar Energy Plan.
Under the terms of the plan, drawn up by Mayor Villaraigosa, the city would purchase 1,280 MW of solar power, [...]
26th November 2008
Energy group Areva has won two major contracts to build turnkey bioenergy power plants in Germany and Belgium, totaling €30m.
26th November 2008
US ethanol producer VeraSun Energy Corporation has received a non-binding indication of interest with respect to the purchase of its assets.
26th November 2008
Technology-focused private equity firm Main Capital Partners has appointed Paul Zekveld as partner.
26th November 2008
US private equity investment firm Golden Gate Capital has closed its acquisition of US Silica Company, a US miner and processor of industrial sand to the solar industry.
26th November 2008
Alter Energy Group (AEG) has formally engaged Anemone Green Capital (AGC) to manage the Kyoto Protocol process for its renewable energy projects.
26th November 2008
The New Zealand Environment Court has given the green light for the NZ$200m Te Uku wind park to proceed. The 28 turbine wind park is to be jointly built and operated by Hamilton-based electricity distribution company WEL Networks and New Zealand renewable electricity generator Meridian Energy.
26th November 2008
Canadian power company, Plutonic Power Corporation has teamed up with GE Energy Financial Services to submit two bids for hydroelectric power projects totaling more than $4bn.
26th November 2008
A new Scottish European Green Energy Centre (SEGEC) is to be established, with it’s headquarters to be based in Aberdeen. First Minister Alex Salmond noted that Scotland’s renewable potential and technical expertise would be able to offer Europe something across every energy sector.
26th November 2008
Indian renewable energy generation company Orient Green Power has raised $55m in its third round of funding, led by investment management firm Olympus Capital Holdings Asia, which is investing $35m. Other investors include US venture capital firm Bessemer Venture Partners and renewable energy service provider Shriram EPC, investing $10m each.
26th November 2008
Neah power systems has completed its first Office of Naval Research contract and acquired a second contract worth $1.2m to help fund the development of Neah Power’s methanol-based fuel cell.
26th November 2008
GreenHunter BioFuels, a wholly-owned subsidiary of renewable energy company GreenHunter Energy, has resumed biodiesel production at the company’s biodiesel refinery in Houston, US following repairs and recovery from Hurricane Ike.
25th November 2008
Saft and ABB have teamed up to develop the world’s first high voltage Li-ion battery system designed to improve the stability of power distribution grids.
25th November 2008
Renewable energy developer Fellows Energy has agreed to acquire two geothermal projects in the Andes region of Argentina. The two projects combined have the potential to produce 300 MW of electric power.
25th November 2008
Clear Standards has secures $4m in Series A funding from Novak Biddle Venture Partners and Kinetic Ventures.
25th November 2008
Alstom will become a founding member of the Global Carbon Capture and Storage Institute; the brainchild of the Australian Government and the Prime Minister, Kevin Rudd.
25th November 2008
‘We have set tough targets for climate change, and in my view we need to pick up the pace even on what we have achieved - and I want to highlight some key priorities.’
25th November 2008
Stratos Renewables Corporation has secured sufficient land in the northern coastal region of Peru required for the production of up to 90 million gallons per year of sugarcane-based ethanol.
25th November 2008
Biofuels Power Corporation has agreed to purchase the site, infrastructure and equipment of the H.O Clarke Electric Generating Station in central Houston, US.
25th November 2008
Canadian renewable energy company NaiKun Wind Energy Group Inc is has submitted a proposal into BC Hydro’s Clean Power Call to supply up to 396 MW of electricity, from Canada’s first offshore wind energy project.
25th November 2008
Commenting on the UK Chancellor Alistair Darling’s announcements on the environment, Frank Sangster, head of the Environmental Tax and Incentives Group of KPMG in the UK said, ‘The Chancellor has effectively prioritised fiscal sustainability over environmental sustainability.’
25th November 2008
Biomass and forestry assesment company ImageTree Corporation and the Water Center for the Humid Tropics of Latin America and the Caribbean (CATHALAC) have signed a five year agreement to collaborate on delivering carbon and forest biomass baseline inventories and monitoring systems on a national scale.
25th November 2008
The Demand Response and Smart Grid Coalition unveiled its policy recommendations for the imminent Obama Administration and the 111th Congress.
25th November 2008
The Australiam public company, Hot Rock, has advanced its search for a new clean energy source and has preparations under way for the development of its first power station in 2009.
25th November 2008
Solargy Systems has hired Cinergex Solutions, a Canadian provider of Waste to Energy technology and equipment, to under take work on a $120m energy facility.
25th November 2008
The UK Government’s efforts to meet its EU 2020 renewable energy targets, even if unsuccessful, may force the UK to adopt an unnecessarily costly and risky approach to reducing carbon emissions, according to the House of Lords Economic Affairs Committee.
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