Maryland celebrates the unveiling of solar power installation
30th January 2009
McCormick and Company, Constellation Energy and local governments celebrated the launch of one of Maryland’s largest solar power installations.
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Archive for January, 2009
Solar Power receives extra solar order
30th January 2009
A manufacturer of photovoltaic systems Solar Power has received an additional order of its 200-watt solar modules from a German solar intergrator.
Raser signs $15m line of credit agreement
30th January 2009
Raser Technologies, Inc. has signed a line of credit agreement, enabling the company to borrow up to $15m.
Suzlon Energy enters Sri Lankan wind market
30th January 2009
Indian wind turbine manufacturer Suzlon Energy has signed a deal to supply 10MW of wind power to Sri Lankan company Senok Wind Power.
MOL acquires bigger share in geothermal company CEGE
30th January 2009
MOL Hungarian Oil and Gas has increased its stake in geothermal energy company CEGE from 33 per cent to 50 per cent.
SEPA releases Utility Solar Tax Manual
30th January 2009
The Solar Electric Power Association (SEPA) has released its Utility Solar Tax Manual, providing clarity regarding solar tax credit changes for the utility and solar industries.
EERC to receive $1m award to produce renewable fuels with Tesoro Companies
30th January 2009
The Energy & Environmental Research Center (EERC) at the University of North Dakota has launched a new $1m project to evaluate renewable oil refining technologies for commercial production of diesel, jet, and other fuels and chemicals from North Dakota oilseed crops, such as crambe, at Tesoro’s Mandan oil refinery.
New Earth Energy, Biossense launch new waste-to-energy venture
30th January 2009
New Earth Energy, a renewables business, and Biossense, the UK arm of European environmental investors Network Economy, have teamed up to launch a new venture in the north-west of England.
Novera Energy withdraws wind farm planning application
30th January 2009
Novera Energy, a renewable energy company, has withdrawn its planning application for the proposed 10MW Fleeter Wood Wind Farm, following concerns that it would affect aviation radars.
Four Rivers Bioenergy acquires Kreido Biofuels
30th January 2009
Development stage integrated bioenergy company Four Rivers BioEnergy will buy all of Kreido Biofuels’ assets, including the company’s STT technology.
Germany to support energy efficiency with new policy
30th January 2009
In a recent speech, Dagmar Wöhrl, Parliamentary State Secretary in the German Ministry of Economics and Technology, pledged to address energy efficiency through national and international policy.
Plextronics launches first solar development line
30th January 2009
Solar company Plextronics has launched its first manufacturing development line called the D-Line, which will print solar demonstration modules to use in its printable solar inks.
Energy India to embark on biomass projects
30th January 2009
Energy India is reported to have unveiled plans to build ten biomass projects across the country over the next two to three years.
Entech Solar appoints Sean Rooney as COO
29th January 2009
Solar energy systems developer Entech Solar has appointed Sean Rooney as chief operating officer.
Consumers Energy calls on renewable energy developers to boost quota
29th January 2009
Consumers Energy, a provider of natural gas and electricity in Michigan, US, is calling on developers of small renewable energy projects to submit their bids to supply sustainable energy to the company’s customers.
IRENA is launched in Germany
29th January 2009
The first International Renewable Energy Agency (IRENA) has been launched in Bonn, Germany, following months of preparation.
US Air Force purchases synthetic jet fuel
29th January 2009
The US Air Force has purchased synthetic jet fuel from Rentech, a US-based synthetic fuels development company.
Clearview Acquisitions acquires Helix Wind
29th January 2009
Clearview Acquisitions will acquire Helix Wind, a global renewable energy company.
Peab signs €8.9m construction contract with Vattenfall
29th January 2009
Nordic construction company Peab has been commissioned to carry out all land and construction work at Vattenfall’s biofuel plant in Stockholm, Sweden for SEK 94m (€8.9m).
US wind energy grows by record 8,300MW in 2008
29th January 2009
The US wind energy industry shattered all previous records in 2008 by installing 8,358MW of new generating capacity, according to the American Wind Energy Association (AWEA), even as it warned of an uncertain outlook for 2009 due to the continuing financial crisis.
BonVenture launches second socially responsible venture capital fund
29th January 2009
German venture capital fund BonVenture has launched its second investment fund.
Allenergy turns its attentions towards wind power
29th January 2009
Allenergy, a player in the oil industry, is turning its attentions towards wind power in line with the urgency across the US to harvest new forms of renewable energy.
Solar shines brightly in Australia with launch of new Solar Institute
29th January 2009
The Energy Innovation Fund, set up by the Australian Government to support R&D in the clean energy sector, has launched the Australian Solar Institute.
Eniram closes €5m funding round
29th January 2009
Eniram, a provider of energy-saving maritime support systems, has closed a Series B funding round on €5m. The financing will go towards expanding its maritime instrumentation systems and supporting operations, the company said.
ReneSola signs $117m loan agreement for construction of Chinese polysilicon factory
29th January 2009
Chinese solar wafer manufacturer ReneSola, through its wholly owned subsidiary Sichuan ReneSola Material Co, has signed a RMB800m ($117m) five-year project loan agreement with China Construction Bank, Sichuan Branch to support the construction of ReneSola’s polysilicon production facility in Meishan, Sichuan province.
Tigo Energy advisory board welcomes three new members
29th January 2009
Private equity backed solar company Tigo Energy welcomes Professor Takashi Tomita, Yair Cohen and Dr Nathan Zommer on to the company’s board of advisors.
Tomita is currently a visiting professor at the University of Tokyo, following 34 years spent at SHARP Corporation. Tomita is a specialize in semiconductor physics, solid state electronics, optical processes and microwave [...]
Wales launches new land use group to tackle climate change
28th January 2009
Welsh rural affairs minister Elin Jones has launched the Wales Land Use Climate Change Group in a bid to tackle greenhouse gas emissions while meeting the challenge of food security.
Constellation Energy begins operations at its Grand Prairie plant
28th January 2009
Energy supplier Constellation Energy has begun operations at its Grand Prairie Power Project in Alberta, Canada.
Element Power builds team
28th January 2009
Private equity firm Hudson Clean Energy Partners has appointed three new positions at its US headquarters in Oregon.
Cyclone Power Technologies, Robotic Technologies develop biomass project
28th January 2009
Cyclone Power Technologies and Robotic Technologies Inc. (RTI) have signed an agreement to develop a beta biomass engine system.
New low-carbon economy could be the key to new jobs, report
28th January 2009
A new low-carbon economy could create up to 150,000 new jobs, according to a new report published by the Local Government Association.
Suntech Power, Standard Solar sign up to 5MW supply agreement
28th January 2009
Suntech Power Holdings, a manufacturer of photovoltaic modules, and Standard Solar have entered an agreement by which Suntech will supply up to 5MW of solar panels to the Maryland-based solar developer during 2009.
Canada gets greener in a bid to boost economy
28th January 2009
In a bid to tackle the financial crisis, Canada’s minister of Finance, the Honourable Jim Flaherty, has outlined a comprehensive plan to stimulate economic growth.
Minister Flaherty has selected cleantech as one of the key drivers behind a change in the economy, with a reported $1bn set to be invested in that sector.
‘With this stimulus plan, [...]
Biological Sciences Research Council invests £27m into bioenergy
28th January 2009
The UK has ploughed its biggest investment in bioenergy research, with the Biotechnology and Biological Sciences Research Council (BBSRC) launching a $27m Sustainable Bioenergy Centre.
The GridWise Alliance welcomes five new directors to the board
28th January 2009
The GridWise Alliance, a coalition of companies and organisations in the US backing the development and deployment of a smart electricity grid, has appointed a new board of directors.
South Jersey Gas launches green jobs initiative
28th January 2009
South Jersey Gas, a subsidiary of US company South Jersey Industries, has filed a petition for an initiative that seeks to create ‘green’ jobs.
NewNet Investor Profile, Patrick Burtis, Amadeus Capital Partners
28th January 2009
Patrick Burtis discusses venture capital investment in European clean energy and the future prospects for the sector. ‘People ask if this is a bubble. A bubble for me is driven by valuations, and whilst there are sectors overvalued from time to time, in the long run this is a trend that is going to sustain and yield investment returns for many years. If anything, we are just at the beginning.’
Puget Sound Energy, Renewable Energy Systems team up to construct wind farm
28th January 2009
Washington energy utility Puget Sound Energy and wind energy company Renewable Energy Systems Americas have filed a permit with Garfield County in Washington, US, to develop and construct the Lower Snake River Wind Energy Project.
Electric Power Research Institute studies feasibility of carbon capture technology
28th January 2009
The Electric Power Research Institute has been joined by five electric utilities in the US and Canada to host studies of the impacts of attaching carbon dioxide capture technology to existing coal-fired power plants.
Renewable packaging company Xylophane gets €3.3m of venture capital
28th January 2009
Xylophane, developer of a unique renewable packing material that extends the shelf life of sensitive food products, has raised €3.3m in an issue of new shares. Venture capital investors SEB Venture Capital and Capricorn Cleantech Fund joined as new investors. The capital ensures the expansion and operation of the company’s pilot factory, according to a statement.
Institutional investors plan to increase allocations to clean energy funds in 2009, according to Almeida Capital report
27th January 2009
Despite the severe downturn in the private equity markets and the corresponding reduction in liquidity, institutional investors - including pension funds, insurance companies and endowments - remain positive about cleantech and sustainable energy funds. The latest research by Almeida Capital, a specialist fundraising and placement firm, surveyed 150 of the most active and influential institutional investors worldwide in Q4 2008 about their investment plans for 2009.
MMA Renewable Ventures raises $200m solar fund
27th January 2009
MMA Renewable Ventures, a subsidiary of Municipal Mortgage & Equity, has completed its Solar Fund III, raising nearly $200m.
BrightView completes $6m Series A financing
27th January 2009
Israeli solar cell company BrightView has completed a $6m Series A round of financing and appointed Eyal Harel as chairman on the company’s board. Israel Cleantech Ventures invested in BrightView in 2008 and was joined by Hasso Plattner Ventures, to co-lead the round.
Better Place, DONG Energy raise €103m for electric car network
27th January 2009
Better Place, in conjunction with DONG Energy, has closed approximately €103m in equity and convertible debt to commercialise its electric car charging network in Denmark.
enXco signs agreement with Carrier Clinic to supply solar power
27th January 2009
enXco, an EDF Energies Nouvelles company, has signed a 25-year agreement with Carrier Clinic, a healthcare system in New Jersey, US, to develop a solar photovoltaic array that is projected to reach up to 1.9MW when completed.
Evolution Solar welcomes Obama’s New Energy Plan
27th January 2009
Solar energy technology company Evolution Solar Corporation has welcomed President Obama’s New Energy Plan. The plan is designed to create millions of new jobs and help the US in its bid to limit its energy dependence on foreign sources, dramatically reduce carbon emissions and stimulate the economy.
Science Applications International Corporation is awarded contract to develop sustainable fuel
27th January 2009
Science Applications International Corporation has been awarded a contract by the Defense Advanced Research Projects Agency to develop a financially-viable alternative to petroleum-derived jet fuel from agricultural and aquacultural feedstock.
UK DECC on a mission to generate power from the Severn estuary
27th January 2009
The UK Department of Energy and Climate Change has proposed a shortlist of schemes to generate clean electricity from the tidal waves in the Severn estuary.
Denver’s Driving Change leads to fall in CO2 emissions
27th January 2009
Driving Change, the first internet-based vehicular greenhouse gas tracking system, said it has witnessed a significant reduction in emissions across the city of Denver as a result of online feedback on how driving behaviour impacts the environment and fuel costs.
SkyPower Corp’s wind farm selected by Ontario Power Authority
27th January 2009
Renewable energy developer SkyPower Corp’s proposed 64.5MW Byran Wind Project has been selected in the Ontario Power Authority’s Renewable Energy Supply (RES III) supply process.
Essential CleanTech Investor Summit
NewNet's Essential CleanTech Investor Summit was completely sold out. Over 450 investors, innovators and influencers within clean technology and renewable energy attended on the day. The Investor Summit was Europe's largest event focused around investors and deal-makers.
For more on the Summit go to: www.NewNetInvestorSummit.com