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31st March 2009
US venture capital firm VantagePoint Venture Partners has welcomed two new partners to its firm. Brad Mattson and Mark Platshon will join the firm’s cleantech practice.
31st March 2009
UK energy and climate change minister Mike O’Brien is set to make £10m available for the development of next-generation offshore wind technology.
31st March 2009
Google’s newly established venture capital arm, Google Ventures, will focus on cleantech investments, as well as industries including consumer internet, software, hardware, biotech and healthcare, the company revealed.
31st March 2009
Australian mining exploration company Minotaur Exploration has acquired 2 million shares in Petratherm and now holds 32 per cent.
31st March 2009
Integrated solar energy company REC Silicon’s new polysilicon plant in Washington, US has started production.
31st March 2009
US solar company Prism Solar Technologies has closed the acquisition of a new manufacturing site in New York, US. The facility was bought for $3.7m from PLASMACO, a Panasonic facility.
31st March 2009
Technology group The Linde Group, has won a long-term contract to supply all the gases for Masdar’s next-generation thin-film photovoltaic module manufacturing facility in Germany.
31st March 2009
The European Renewable Energy Council (EREC) has welcomed today’s vote on the Energy Performance of Buildings Directive (EPBD) in the Industry, Transport, Research and Energy (ITRE) Committee of the European Parliament.
31st March 2009
Alstom, a power generation company, and The Dow Chemical Company, a diversified chemical company, have teamed up to design and construct a pilot plant to capture CO2 from a coal-fired boiler at one of Dow’s facilities in West Virginia, US.
31st March 2009
The founders of UK private equity firm Duke Street Capital, Edmund and Danny Truell, have established a new cleantech and renewable energy-focused venture capital firm, Curzon Park Capital, according to reports.
31st March 2009
US solar company EPV Solar has extended its private offer to exchange any and all of its eight per cent convertible senior secured notes due 2010 for one per cent convertible secured PIK notes due 2016, shares of its common stock and warrants to purchase shares.
31st March 2009
Renewable fuels provider New Generation Biofuels has signed an agreement with Catoctin Mountain Growers in Maryland, US to supply 370,000 gallons of biofuel annually.
31st March 2009
AGL Energy, an Australian energy provider, has entered into an agreement with Suzlon Energy Australia for the construction of the 132MW Hallett 4 wind farm in south Australia.
31st March 2009
US fuel cell product company IdaTech saw sales increase in 20087, with a 16.8 per cent gain totaling $5.9m.
30th March 2009
According to leading experts from Spain and the US, investment in infrastructure and energy is one of the surest ways to stimulate the economy, create local jobs and help ensure a greener and cleaner future.
30th March 2009
First Wind, has promoted Michael Alvarez to president and COO. Alvarez previously had been serving as First Wind’s executive vice president and COO, overseeing the company’s construction, engineering, operations, IT and facilities.
30th March 2009
In response to the surge in solar stocks, Evolution Solar Corporation’s CEO Robert Kaapke said the jump could be attributed to several factors.
30th March 2009
National Wind Solutions, a Texan wind resources developer, has unveiled a new initiative designed to help minority business owners launch wind and fuel cell projects.
30th March 2009
The North of England Inward Investment Agency said that US-based energy-from-waste provider Covanta Energy has bought land in northwest England and submitted a planning application to build a new plant.
30th March 2009
Ethanol producer POET and the city of Sioux Falls have completed a landfill gas pipeline that is providing methane gas to POET’s Chancellor 105 million gallon per year ethanol plant.
30th March 2009
Energy Biosciences Institute has appointed Brent Erickson, executive vice president of the Biotechnology Industry Organisation (BIO) to its advisory committee.
30th March 2009
Viper Networks, Inc. has received government approval for a large-scale plant installation in Korea to process up to 100 tons per day of new waste and existing waste dump that can relieve the region from several million of metric tons of bio waste to convert to compost.
30th March 2009
Atlantis Resources Corporation, a developer of tidal current turbines, has completed a $14m funding round and added Norwegian renewable energy company Statkraft as a new partner and lead investor in the fundraising.
30th March 2009
Platina Partners, a private equity fund advisor specialising in the renewable energy space, has taken control of three solar energy projects in Spain in conjunction with its Madrid-based investee company Anemoi Renovables.
30th March 2009
China Clean Energy, Inc., a Chinese producer of biodiesel fuel and environmentally-friendly specialty chemical products made from renewable resources has reported financial results for the fourth quarter of 2008, with decreased revenues and income blamed on the global economic crisis.
30th March 2009
The California Fuel Cell Partnership has unveiled a strategy to deploy hydrogen fueling stations and fuel cell vehicles in California. The plan, entitled ‘Hydrogen Fuel Cell Vehicle and Station Deployment Plan: A Strategy for Meeting the Challenge Ahead’ outlines the steps needed to meet the fuel needs of 4,300 passenger vehicles and 20 fuel cell buses by 2014.
30th March 2009
Photovoltaic product manufacturer Yingli Green Energy has entered into a strategic cooperation agreement with the Hebei Branch of Bank of China, which contemplates potential credit facilities in the aggregate maximum amount of RMB6bn ($878m) to be granted to companies affiliated with Yingli Group, including three PRC subsidiaries of Yingli Green Energy.
30th March 2009
US energy utility Jersey Central Power & Light has had its solar energy development mission approved by the New Jersey Board of Public Utilities.
30th March 2009
Frog Capital, a London-based European investment firm that focuses on cleantech and ICT, has launched itself under a new name following an expansion of its funds under management, and appointed a new managing partner, Mike Reid, from 3i’s Growth Capital team.
30th March 2009
Biofuels Power Corporation, a US alternative fuels company, has finalised its purchase of the decommissioned HO Clarke Electric Generating Station in Texas, US. The acquisition includes 79 acres of land, together with the infrastructure, equipment, buildings and other improvements.
30th March 2009
Dr Helmut Vorndran discusses investment into the solar and wind sectors, the valuation dips facing the cleantech space and the future for private equity and clean energy.
‘I am convinced that renewable energy and cleantech will be one of the dominating industry segments for the private equity and venture capital spaces.’
30th March 2009
UK investment company Low Carbon Accelerator has made an additional investment of £300,000 in ResponsiveLoad following the company’s successful testing of its RLtec equipped fridges and first commercial contract with npower to supply them with carbon savings towards their CERTs obligations.
27th March 2009
Munich-based venture capital firm Target Partners has appointed Olaf Jacobi as a new partner. Olaf has been a venture partner at Target Partners for the past two years.
27th March 2009
German solar company Sunways has shelved plans to acquire a polysilicon production line because it no longer proves economical.
27th March 2009
Lauren Engineers & Constructors has signed a contract with Florida Power & Light Company making it the engineering, procurement and construction contractor for a new 75MW solar power plant in Florida, US.
27th March 2009
US energy delivery company Pepco Holdings, Inc. has acquired the first of what could be nearly 2 million smart meters for installation in the homes and businesses of customers in three states and the District of Columbia over the next five years. The new digital meters are a component of PHI’s plan to build a smart grid network that could eventually serve the company’s 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey, the company said.
27th March 2009
The New Hampshire Climate Action Plan, released by the Climate Change Policy Task Force, has founded a new public/private partnership that will oversee and guide the plan’s implantation.
27th March 2009
Eyelit, Inc., a manufacturing software provider for the semiconductor and solar photovoltaic industries has announced record revenues for 2008, achieving 40 per cent revenue growth over 2007.
27th March 2009
US solar module manufacturer First Solar, Inc. has appointed Dennis Fitzgibbons as vice president, federal affairs. In this new position, Fitzgibbons will be responsible for leading the Company’s federal government affairs activities in the US He will report directly to Mike Ahearn, First Solar CEO.
27th March 2009
3TIER, a provider of renewable energy assessment services, has branched out with new offices in Germany, Australia and India.
27th March 2009
GreenCore Capital, a San Diego based private-equity form operating in the renewable energy company, has launched a new division, GreenCore Business Services. The new division will advise and provide services to early stage and mid stage companies in the area of planning, business development, intellectual property, financial advisory and offer access to renewable energy legal and accounting firms.
27th March 2009
Three Indonesian state banks have put forward a syndicated loan of $80m to fund the construction of PT Geo Dipa Energy’s geothermal plant in West Java. Bank Negara Indonesia will lead the syndicate which will include PT Bank Mandiri and PT Bank Rakyat Indonesia.
27th March 2009
New Earth Solutions Group, a UK waste treatment and resource recovery company, has launched the New Earth Recycling and Renewable Energy Sub-Fund as part of The Eclipse Investment Fund Protected Cell Company.
27th March 2009
Chinook Sciences, a UK-based manufacturer of gasification technology, and European Metal Recycling have formed a joint venture to convert automobile shredder residue into renewable electricity and recycle metal in the process.
26th March 2009
US Vice President Joe Biden and Energy Secretary Steven Chu have announced plans to invest $3.2bn in energy efficiency and conservation projects in US cities, counties, states, territories, and Native American tribes. The Energy Efficiency and Conservation Block Grant programme, funded by President Obama’s American Recovery and Reinvestment Act, will provide formula grants for projects that reduce total energy use and fossil fuel emissions, and improve energy efficiency nationwide, the DOE said.
26th March 2009
Shiming U.S., Inc., a Chinese based consumer electronics manufacturer has started construction on a $400m technology complex joint venture with the Chinese Government.
26th March 2009
Marlow Capital, a South Africa-based private equity firm, has led a consortium to acquire waste management group Wasteman Group from a group of shareholders including Suez Environnement for an undisclosed sum.
26th March 2009
US biofuels company AE Biofuels, Inc., has signed a strategic agreement with Merrick & Company to commercially implement AE Biofuels’ enzyme-based technology for the conversion of non-food biomass into ethanol and other materials through the design of new biofuels facilities or the conversion of existing biofuels facilities. Merrick provides engineering and architectural design-build, procurement and construction management services.
26th March 2009
The Renewable Energy Association (REA) has presented energy minister Mike O’Brien with a tariff design blueprint developed by over 60 energy companies.
26th March 2009
The European Bank for Reconstruction and Development (EBRD) is investing up to KZT9.2bn (€46m) to acquire a stake in the private power company Central-Asian Electric Power Corporation.
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
