Go back to HOME page

Archive for December, 2008

Scotland targets energy efficiency in 2009

The Government of Scotland has forecast 2009 to be a greener year, with recycling and being more energy efficient are top of the list, according to a statement.

Read More | Comments (0) | Europe, energy efficiency, policy

Air New Zealand’s first biofuel flight a success

Air New Zealand has hailed its first biofuel powered aviation test flight a success.

Read More | Comments (0) | Australasia, biomass/biofuel, companies

GreenHunter gets the go-ahead to sell biodiesel in the US

Greenhunter Biofuels, a wholly-owned subsidiary of GreenHunter Energy, has received approval from the Environmental Protection Agency to sell its biodiesel in the US.

Read More | Comments (0) | North America, biomass/biofuel, companies

Raser Technologies nears completion of initial geothermal commissioning tests

Geothermal power company Raser Technologies is nearing completion of the commissioning process of the 50 power generation units at its Utah power plant, the company said.

Read More | Comments (0) | North America, companies, geothermal

Wind industry expected to gather momentum in 2009, AWEA

Despite the economic downturn, the wind industry is set to make progress in 2009, buoyed by a strong strategic position and the prospect of a new President, according to the American Wind Energy Association.

Read More | Comments (0) | North America, companies, policy, wind

Air New Zealand’s first biofuel flight takes off

Air New Zealand has launched the world’s first commercial test flight powered by a second-generation biofuel.

Read More | Comments (0) | Australasia, biomass/biofuel, companies, solar

Yellow Cab Cooperative awards Clean Energy Fuels Corp with ten-year supply contract

Clean Energy Fuels Corporation has been awarded a ten-year contract by Yellow Cab Cooperative to supply compressed natural gas (CNG) fuel and provide operations and maintenance for a newly expanded Clean Energy CNG station in San Francisco, US.

Read More | Comments (0) | North America, companies, energy efficiency

NRG Energy completes second Texan wind farm

Power company NRG Energy has completed its second wind farm, the 122MW Elbow Creek Wind Project in Texas, US.

Read More | Comments (0) | North America, companies, wind

Northern Ireland launches ‘green’ rate rebates for homeowners

Finance Minister of Northern Ireland, Nigel Dodds, will implement ‘green’ rate rebates for homeowners who introduce modern standards of insulation.

Read More | Comments (0) | Europe, energy efficiency, policy

Alternate Energy, Treaty Petroleum finalise merger

Renewable energy company Alternate Energy Corporation has merged with Texan oil major Treaty Petroleum.

Read More | Comments (0) | North America, deals, energy efficiency

Beacon Power Corporation finalises $4.1m transaction

Energy storage company Beacon Power Corporation has finalised the sale of 8,966,000 units to three investors for $0.50 per unit.

Read More | Comments (0) | North America, companies, energy storage

NewNet Investor Profile: Peter Horsburgh, Environmental Technologies Fund


Peter Horsburgh discusses the growing appetite for clean energy amongst institutional investors and what the future has in store for cleantech.

‘Our approach is that we try to be agnostic, and to become experts in particular fields, following what we see on a day-to-day basis. I do not think you can stand still for one moment in this sector, but I really would not have it any other way.’

Read More | Comments (0) | profiles

2008 Renewable Energy Survey

This survey from the the Low Carbon Innovation Network (LCIN), identifies the challenges being faced by companies in the renewable energy sector and outlines the potential ways in which the government might develop the regulatory environment to catalyse appropriate market development and encourage innovation and investment in the sector.

Read More | Comments (0) | knowledge

First Solar completes 10MW photovoltaic power plant

Thin-film photovoltaic module supplier First Solar has completed its first 10MW ground-mounted photovoltaic power plant for Sempra Generation near Boulder City, Nevada.

Read More | Comments (0) | North America, companies, solar

Biofuels can increase US energy independence, report

Increasing domestic production of advanced biofuels to meet or exceed the goals of the Renewable Fuel Standard can significantly reduce US reliance on petroleum. Brent Erickson, executive vice president of the Biotechnology Industry Organisation’s Industrial & Environmental Section.

Read More | Comments (0) | North America, biomass/biofuel, companies

Renewable energy company Covanta acquires two biomass energy facilities for $52m

Renewable energy company Covanta Holding Corporation has acquired two biomass energy facilities from co-owners Ridgewood Maine and Indeck Energy Services.

Read More | Comments (0) | North America, biomass/biofuel, deals

Leighton Contractors develops Australian renewable energy

Australian construction company Leighton Contractors has executed agreements with two global technology providers to explore and develop wave and solar power projects in Australia.

Read More | Comments (0) | Australasia, companies, solar, water

AES subsidiary secures financing for 22 MW North Rhins wind farm in Scotland

Power company AES Corporation, through its wholly-owned subsidiary, Wind Energy (North Rhins), has secured £35.1m in long-term financing to construct and operate the 22 MW North Rhins wind farm in Scotland.

Read More | Comments (0) | Europe, deals, wind

Ormat’s Amatitlan geothermal project registered as Clean Development Mechanism

The executive board of the United Nations Framework Convention on Climate Change has registered Ormat Technologies’ Amatitlan geothermal project in Guatemala as a Clean Development Mechanism.

Read More | Comments (1) | Latin America, companies, geothermal

Norwegian solar technology company Solar Cell Repower completes Series A venture round

Norwegian solar technology company Solar Cell Repower has completed its Series A funding round, led by early stage venture capital investors NorthZone Venture. Industrial development organisation Innovation Norway has also supported the R&D work of the company SCR with a grant of NOK8m (€817,000m) and a favourable loan of NOK4m (€409,000).

Read More | Comments (0) | Europe, deals, solar

Colorado Center for Biorefining and Biofuels to invest $600,000 in biofuel projects

The Colorado Center for Biorefining and Biofuels known as C2B2 has released a list of 12 proposals that have been selected to receive up to $600,000 funding through its 2008 seed grant programme.

Read More | Comments (0) | North America, biomass/biofuel, deals

UK energy regulator Ofgem calls for electricity transmission reform

UK energy regulator Ofgem is proposing radical reforms to the regulatory framework for Britain’s electricity transmission network to speed up the connection of renewable and other low-carbon electricity generation.

Read More | Comments (0) | Europe, energy efficiency, policy

Yingli Green Energy strikes sales deal with German photovoltaic integrators

Solar product manufacturer Yingli Green Holding Company has entered into sales agreements with two German photovoltaic system integrators, City Solar Kraftwerke and Wirsol Deutschland.

Read More | Comments (0) | Europe, companies, solar

Gamesa makes a foray into the Chinese wind market

Spanish company Gamesa Corporacion Tecnologica has received orders to supply 294, 95 MW of wind power to Longyuan Electric Power Group Corporation, a Chinese renewable energy company.

Read More | Comments (0) | Asia, companies, wind

DOE ploughs $200m into biorefineries

The US Department of Energy (DOE) will plough $200m into pilot and demonstration-scale biorefineries over the next six years.

Read More | Comments (0) | North America, biomass/biofuel, deals, policy

American Wind Energy Association highlights US wind industry’s achievements in 2008

The American Wind Energy Association (AWEA) has identified the wind industry’s top accomplishments of 2008, and highlighted key environmental and economic achievements.

Read More | Comments (0) | North America, companies, policy, wind

Role of forest carbon in emerging ecomarkets will be significant, report

Forest carbon is to play a significant role in emerging environmental markets designed to address climate change, despite the reluctance of some countries to accept forest carbon offsets, predicted environmental economics expert Ricardo Bayon.

Read More | Comments (0) | Europe, energy efficiency, policy

VantagePoint Venture Partners closes cleantech fund on $435m

Venture capital firm VantagePoint Venture Partners has closed its second cleantech fund on $435m, according to reports.

Read More | Comments (0) | North America, energy efficiency, funds

Taiwanese gas supplier Boc Lien Hwa to supply Auria Solar with solar cell gases

Boc Lien Hwa, a Taiwanese electronic gas supplier, will supply Auria Solar in Tainan with a range of specialty gases used in the manufacturing of solar cells.

Read More | Comments (0) | Asia, deals, solar

PG&E purchases 10MW of solar power from El Dorado Energy

Pacific Gas and Electric Company has entered into a long-term agreement with El Dorado Energy to purchase 10 MW of photovoltaic solar energy from El Dorado’s new solar facility in Nevada, US.

Read More | Comments (0) | North America, deals, solar

The Navigators Group launches new environmental business unit

The Navigators Group’s underwriting agency subsidiary, Navigators Management Company, has established Navigators Environmental.

Read More | Comments (0) | North America, companies, energy efficiency

NewNet Investor Profile, Russell Diamond, Solution Capital Partners

Russell Diamond on investing in clean energy funds and the challenges the sector faces in the context of wider financial crisis.

‘I cannot tell you whether we are the bottom of the market or the whether that is yet to come, but what I can tell you is that there are exciting opportunities out there.’

Read More | Comments (0) | profiles

FPL Energy teams up with Emerald Bowl to promote environmentally friendly game

Energy supplier FPL Energy, a subsidiary of FPL Group, has teamed up with the Emerald Bowl to ensure that the match between the University of California and the University of Miami is environmentally friendly.

Read More | Comments (0) | North America, deals, energy efficiency

Alstom wins €300m hydropower plant supply contract

Hydro power company Alstom Hydro has won a €300m contract to supply part of the equipment for the Jirau hydro power plant, including turbines and generators.

Read More | Comments (0) | Latin America, companies, water

Wells Fargo & Company invests $3bn in clean energy projects

Financial services company Wells Fargo & Company has soared past its $1bn environmental financing target, investing more than $3bn in clean energy projects.

Read More | Comments (0) | North America, companies, energy efficiency, solar, wind

US Energy Corporation ploughs $3.4m into geothermal exploration

US Energy Corporation has invested $3.445m in private geothermal exploration and development company Steam Trust.

Read More | Comments (0) | North America, deals, geothermal

Lurgi to build second-generation biofuel plant in Germany

Technology company Lurgi, a wholly owned subsidiary of the Air Liquide Group, will build a second-generation biofuel plant at Forschungszentrum, Germany, in a joint project with the Karlsruhe Institute for Technology as part of Germany’s drive to generate more renewable energy.

Read More | Comments (0) | Europe, biomass/biofuel, companies

Alstom Hydro strikes supply deal with Turkish energy company

Hydro power company Alstom Hydro has struck a deal with Turkish energy company Enerjisa Enerji Uretim to supply equipment to three new hydro power plants currently under construction in Southern Turkey.

Read More | Comments (0) | Europe, Middle East, deals, water

Four Seasons Cleaners merges with Blue Sky Cleaners

US dry cleaning company Four Seasons Cleaners has merged with Blue Sky Cleaners to become Seattle’s only toxin-free alternative to traditional dry cleaners.

Read More | Comments (0) | North America, deals, energy efficiency

Bank of America, Chevron, Milpatas Unified School District complete Californian solar project

Chevron Energy Solutions, Milpitas Unified School District and Bank of America have completed a 14-site solar and energy efficiency project in California.

Read More | Comments (0) | North America, companies, solar

US DOE grants Chevron Energy Solutions a renewable energy contract

US-based energy company Chevron Energy Solutions has been granted a master contract by the US Department of Energy (DOE) to work with federal agencies to reduce energy and water consumption and increase the use of renewable energy at agency facilities.

Read More | Comments (0) | North America, companies, energy efficiency, policy

Sopogy teams up with Inypsa, Omniwatt to build solar plant

US-based solar company Sopogy has teamed up with Spanish solar project developer Inypsa and German solar project financer Omniwatt to develop a 50 MW solar plant in Spain.

Read More | Comments (0) | Europe, deals, solar

Green Star Alternative Energy forms joint venture with Notos, Sirius Regulus

Green Star Alternative Energy has formed a joint venture with Serbian wind energy company Notos and Serbian real estate holding company Sirius Regulus.

Read More | Comments (0) | Europe, deals, wind

Evonik Industries, Daimler launch lithium-ion technology for batteries

Evonik Industries and Daimler are developing lithium-ion technology for battery cells and battery systems in Germany.

Read More | Comments (0) | Europe, deals, energy storage

The last dash for gas?

A number of important factors have influenced the rising interest in power generation: security of supply, environmental issues and spiralling energy costs. Despite significant progress in the development and supply of certain energy sources, for example wind, the reality is that for Europe, an increase in gas-fired power is the only way of preventing a shortfall in generation capacity within the next decade, according to private equity firm 3i.

Read More | Comments (0) | knowledge

TurboSonic Technologies signs $1m supply deal

TurboSonic Technologies has signed a $1m supply contract with a US biofuel producer.

Read More | Comments (0) | North America, biomass/biofuel, deals

Bioamber, Basic Solutions join forces to commercialise new bio-based de-icer

Bioamber has teamed up with Basic Solutions for the development and commercialisation of a new bio-based runway de-icer.

Read More | Comments (0) | North America, biomass/biofuel, deals

Vestas applauds EU climate and energy package

Wind energy company Vestas has welcomed the European Parliament’s endorsement of the EU climate and energy package.

Read More | Comments (0) | Europe, policy, wind

Owens Corning backs T Boone Picken’s energy efficiency plan

Owens Corning, producer of commercial building materials, has teamed up with T Boone Pickens to endorse the Pickens Plan which calls for energy independence and energy efficiency in homes and buildings across the US.

Read More | Comments (0) | North America, energy efficiency, policy

Aluminum producer Alcoa signs new clean energy agreements

Aluminum producer Alcoa has finalised new power agreements in Quebec, Canada, through 2040 to supply renewable energy to three of the company’s aluminum smelters and enable Alcoa to upgrade and increase its Baie Comeau production.

Read More | Comments (0) | North America, deals, energy efficiency