US cleantech investor Leaf Clean Energy invests in biomass company Multitrade Telogia
27th February 2009
US cleantech investor Leaf Clean Energy has invested $12.2m in biomass business Multitrade Telogia, according to reports.
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Archive for February, 2009
US Energy Secretary Steven Chu welcomes President Obama’s budget blueprint
27th February 2009
US Energy Secretary Steven Chu welcomed the recent budget blueprint announced by President Obama, which builds on the investments included in the President’s American Recovery and Reinvestment Act.
Lighting technology company Energy Focus appoints cleantech investor David Gelbaum to board of directors
27th February 2009
Energy Focus, Inc., an energy efficient lighting technology company, has appointed cleantech investor, David Gelbaum, to the company’s board of directors.
China Sunergy signs solar cell sales agreement with US-based manufacturer of photovoltaic products
27th February 2009
China Sunergy Co, a specialised solar cell manufacturer based in Nanjing, China, has entered into a wafer purchase agreement and a solar cell sales agreement with a US-based photovoltaic products firm.
German chemical group Wacker plans to set up $1bn polysilicon production facility in the US
27th February 2009
Munich-based chemical group Wacker Chemie has plans to construct a $1bn polycrystalline silicon facility in the US.
Round and round: China is aiming for a circular society with the new Recycling Economy Promotion Law
27th February 2009
Extravagant packaging, wasted water, lights turned on all night - all could be under threat by the Recycling Economy Promotion Law, which came into effect earlier this year, according to Melinda Xie and Chang Liu of law firm Eversheds.
US electricity utility Florida Power & Light Company unveils Florida solar photovoltaic facility
27th February 2009
US electricity utility Florida Power & Light Company (FPL) has revealed plans for its DeSoto Next Generation Solar Energy Center, which will aim to bring commercial-scale solar photovoltaic power to Florida.
US renewable fuel company Propel Fuels appoints venture capitalist Matt Horton as CEO
27th February 2009
US rRenewable fuel company Propel Fuels has appointed Matt Horton as CEO. Horton has nearly ten years experience investing in and leading early stage clean technology companies through his work with venture funds @Ventures and Garage Technology Ventures.
Japanese semiconductor manufacturer Tokyo Electric to become representative for Oerlikon Solar’s photovoltaic technology in Asia
27th February 2009
Tokyo Electron, a global supplier of semiconductor production equipment, has teamed up with Oerlikon Solar.
US venture capital firm VantagePoint Venture Partners hires Robert F Kennedy Jr to oversee cleantech investments
26th February 2009
US venture capital firm VantagePoint Venture Partners has appointed Robert F Kennedy Jr as a venture partner of its cleantech investment team. In his new role, he will become involved with VantagePoint portfolio companies, particularly those in the water sector.
DOE Secretary Chu announces changes to expedite economic recovery funding
26th February 2009
Two days after President Obama signed the historic American Recovery and Reinvestment Act into law, Energy Secretary Steven Chu announced a sweeping reorganisation of the Department of Energy’s dispersal of direct loans, loan guarantees and funding contained in the new recovery legislation. The goal of the restructuring is to expedite disbursement of money to begin investments in a new energy economy that will put Americans back to work and create millions of new jobs.
New report shows advanced biofuels industry can create jobs and economic growth
26th February 2009
Continuing to build advanced biofuels production capacity can create thousands of new jobs throughout the economy, contributing to US economic growth and increasing energy security, according to Bio Economic Research Associates.
Crown Estate announces awards for ten offshore wind farms in Scotland
26th February 2009
The Crown Estate has awarded exclusivity agreements to companies and consortia for ten sites for development of offshore wind farms within Scottish territorial waters.
Renewable energy company enXco officially dedicates the 150MW wind farm in California
26th February 2009
enXco has officially dedicated the Shiloh II Wind Project in California, US, with commercial operations having commenced in early February.
US energy technology companies Babcock Power & ThermoEnergy form new company to develop and commercialise carbon capture technology
26th February 2009
US energy technology companies Babcock Power and ThermoEnergy Corporation have formed a limited liability company to be called Babcock-Thermo Carbon Capture, to develop and commercialise a new and advanced carbon capture power plant design.
First stage of construction on 2.8MW solar installation on German highway tunnel nears completion
26th February 2009
Evergreen Solar’s landmark installation placing more than 16,000 solar panels on the roof of the tunnel of Germany’s A3 highway is nearing completion of its first phase of construction. When finished, the 2.8MW solar installation will be one of Germany’s largest and first to be located on a public highway.
UK sets sights on clean coal power plants
26th February 2009
UK Secretary for Energy and Climate Change Ed Miliband is looking to develop carbon capture and storage schemes (CCS), despite facing challenges in funding from the government, according to The Guardian.
Titan America teams up with US Environmental Protection Agency to monitor its energy efficiency
26th February 2009
Titan America, a US buildings materials producer, has teamed up with the US Environmental Protection Agency and the Department of Energy’s Energy Star programme.
Good Energies leads $20m investment in US energy efficiency company SAGE Electrochromics
26th February 2009
Smart window products company SAGE Electrochromics has closed a $20m investment round. The funding will go towards expanding its projects internationally as well as its sales and marketing initiatives.
Navajo Wind acquires 50 per cent stake in Chinese wind farm
26th February 2009
Navajo Wind Energy that forged a joint partnership agreement for a 50 per cent stake in the CSRI Xuzhou Nantung 35MW wind farm development.
Ontario proposes Green Energy Act to combat climate change and boost economy
26th February 2009
Ontario is on the verge of spawning new green jobs and attracting new investment, with the proposal of the Green Energy Act (GEA).
UK renewable energy companies Aquamarine Power and Airtricity team up for marine power projects
26th February 2009
Aquamarine Power has signed an agreement with Airtricity, the renewable energy development division of Scottish and Southern Energy, to work on projects generating up to 1,000MW of marine energy by 2020.
Earth Biofuels changes its name to Evolution Energy
26th February 2009
Earth Biofuels is set to change its name to Evolution Energy as part of its drive to develop, produce and distribute new forms of renewable energy.
US fuel cell company Bloom Energy targets $150m capital raise
26th February 2009
US fuel cell technology company Bloom Energy, is looking to raise $150m in Series F round, according to reports. The company has been valued at $1.45bn.
Solar Energy Initiatives and Solar Energy Alternatives enter long-term solar projects agreement
26th February 2009
US solar energy companies Solar Energy Initiatives and Solar Energy Alternatives have agreed to enter into a marketing, contract, finance, installation and operating agreement for commercial and residential solar photovoltaic installations in the US and certain foreign markets.
Sumitomo invests in fuel cell developer ACAL Energy
25th February 2009
Fuel cell developer ACAL Energy has received an investment from Japanese trading giant Sumitomo Corporation, through its investment arm SC Green Tech Ventures, according to reports.
Cogentrix Energy completes solar acquisition
25th February 2009
Cogentrix Energy, through its wholly-owned subsidiary Cogentrix Solar Services, has closed its acquisition of Sunray Energy, the owner and operator of facilities formerly known as Solar Energy Generation Systems I and II. Financial details of the SEGS I & II acquisition were not disclosed.
Bionavitas launches new algae technology in the US
25th February 2009
Bionavitas has launched its Light Immersion Technology designed to increase algae yields and reducing the cost to make algae-based biofuels competitive with petroleum products.
Pacific Gas and Electric Company launches five-year solar programme
25th February 2009
Pacific Gas and Electric Company has embarked on a five-year programme to develop up to 500MW of solar photovoltaic power across northern and central California.
IBM joins EDISON project to build smart grid for electric cars
25th February 2009
Electronics and computing giant IBM has announced its membership in the EDISON research consortium, a Denmark-based collaborative aimed at developing an intelligent infrastructure that will make possible the large scale adoption of electric vehicles powered by sustainable energy.
Mascoma Corporation starts producing ethanol from New York facility
25th February 2009
Mascoma Corporation, a developer of cellulosic ethanol, is now producing ethanol from non-food cellulosic biomass at its New York facility.
SunEdison, Borrego Solar inaugurate Padre Dam solar system
25th February 2009
The Padre Dam Municipal Water District, a provider or water to the San Diego, US, has activated a 862KW photovoltaic solar energy system. The project was assisted by Borrego Solar Systems, an installer of solar power systems, and SunEdison, a US solar energy services provider.
US renewable fuel technology company Bionavitas launches new algae technology in the US
25th February 2009
US renewable fuel technology company Bionavitas has launched new technology designed to increase algae yields and reducing the cost to make algae-based biofuels competitive with petroleum products.
PennFuture supports US Governors’ Wind Energy Coalition
25th February 2009
Pennsylvania, US organisation PennFuture has commended Governor Edward Rendell for joining the newly formed Governors’ Wind Energy Coalition.
Sweco awarded two wind energy contracts
25th February 2009
Swedish engineering services provider Sweco has been granted contracts to build wind energy projects in the provinces of Blekinge and Ostergotland, worth €450,000.
New energy economy legislation to create opportunities for cleantech investors, producers and adopters, PwC report
25th February 2009
With clean technology being a key component of President Obama’s national recovery agenda, the new energy economy will inject new life into opportunities for cleantech investors, producers and adopters, according to a new report from PricewaterhouseCoopers, entitled Cleantech Nation: Point of View. The report includes findings from the MoneyTree Report, a quarterly survey produced by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters.
Entech Solar board member Dr Walter Hesse passes away
25th February 2009
Entech Solar board member and company co-founder Dr Walter J Hesse, has died. He was 85 years old.
President Barack Obama addresses joint session of Congress on economic recovery, highlights role of renewable energy
25th February 2009
In Wednesday’s address to the joint session of Congress, US President Barack Obama outlined the US economic recovery plan, including the role of renewable energy.
BVCA launches renewable energy group
24th February 2009
The British Private Equity and Venture Capital Association has launched a new Energy, Environment and Technology Group designed to offer guidance and advice to government, investors and companies involved in the renewable energy and clean technology sectors.
NRG Energy, eSolar to develop solar plants across California and the Southwest
24th February 2009
NRG Energy has struck an agreement with solar power technology provider eSolar to develop solar power plants with an output of up to 500MW across California and the Southwest, US.
Clean energy leaders come together to tackle US energy policy
24th February 2009
Players from government, business, labour and non-governmental organisations, including Bill Clinton, Al Gore and US Secretary of Energy Steven Chu, came together to set out four key recommendations to transform US energy policy.
Iberdrola Renewables ramps up capacity at Klamath plant
24th February 2009
Iberdrola Renewables’ Klamath cogeneration plant will ramp up its output by 30MW in June 2009 following a multi-year deal signed with Siemens.
Nexterra Energy begins commercialisation stage of its new biomass gasification technology
24th February 2009
Biomass gasification solutions company Nexterra Energy has embarked on a project to commercialise a new application of its biomass gasification technology which can generate power and heat from small plants by firing syngas into high efficiency gas engines.
XcelPlus Holdings begins funding talks to expand renewable energy projects
24th February 2009
International holding company XcelPlus Global Holdings has begun funding talks with capital sources, and hope to be able to make a funding announcement by the end of February, according to a company statement.
Constellation Energy names James Connaughton executive vice president, corporate affairs, public and environmental policy
24th February 2009
US energy company Constellation Energy has appointed James L Connaughton, former chairman of the White House Council on Environmental Quality, as executive vice president, corporate affairs, public and environmental policy.
NRG Energy, eSolar agree to develop 500MW of solar projects
24th February 2009
US energy provider NRG Energy, Inc. has agreed to acquire the development rights for approximately 500MW of contracted solar projects which are in various stages of development and utilise eSolar’s solar thermal technology.
Navajo Wind forms alliance with wind turbine technology company Vector Industrial Designs
24th February 2009
US renewable energy company Navajo Wind Energy (formerly Caliber Energy Inc.) has signed an agreement with Australian industrial technology company, Vector Industrial Designs, to participate in the research, development and optimisation of various proprietary wind turbine technology designs.
XsunX welcomes Obama’s latest renewable energy package
23rd February 2009
Solar technology company XsunX has welcomed the key provisions set out in the $70bn renewable energy package signed into law by President Obama.
Vega Promotional Systems appoints William Jacobson and Nadir Manji to its board of directors
23rd February 2009
Vega Promotional Systems Inc. has appointed former Natural Fuels Industries Inc. board members William Jacobson and Nadir Manji to its board of directors.
New Generation Biofuels to provide Delta Chemical Corporation with renewable biofuel
23rd February 2009
Renewable fuels provider New Generation Biofuels Holdings, Inc. is to supply water treatment chemicals company Delta Chemical with biofuel in an evaluation program at the company’s Baltimore, US facility.
Essential CleanTech Investor Summit
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