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30th April 2009
Satcon, a provider of renewable energy power solutions, and Solyndra, a photovoltaic systems manufacturer, have formed a partnership to develop and deliver system solutions for commercial rooftop solar power production.
30th April 2009
US Secretary of Energy Steven Chu will boost wind energy development with $93m from the American Recovery and Reinvestment Act. Secretary Chu also unveiled plans to invest more than $100m for infrastructure improvements on the National Renewable Energy Laboratory.
30th April 2009
Silicon thin film solar cell providers Sunfilm and Sontor have merged under the new company name Sunfilm in a bid to increase market share and profit.
30th April 2009
Fuel Tech, an environmental technologies company, has been awarded a $4.6m contract for multiple NOxOUT ULTRA systems at a power generation site in China. The systems seek to provide a safe conversion of urea to ammonia.
30th April 2009
Hydrogenics Corporation, a developer of fuel cell products, has installed two HySTAT electrolysers in Europe for fueling station applications.
30th April 2009
The UK electricity sector must be decarbonised by 2050 and tougher energy efficiency measures could reduce exposure to volatile energy markets, buying the country time before full decarbonisation takes place, according to the latest report by the UK Energy Research Centre.
30th April 2009
English and Welsh waters are set to be tested for the first time to assess their potential to host marine energy devices. The test will look at the potential for wave, tidal-stream and tidal range technologies around the coastline.
30th April 2009
Spanish electric utility Endesa has been awarded the highest score of all electric companies worldwide in the fight against climate change by The Carbon Disclosure Project leadership index.
30th April 2009
BTU International, a thermal processing equipment supplier for the alternative energy markets, reported a loss of 33 per cent in first quarter net sales for 2009 at $9.8m, down from $14.7m in the final quarter of 2008. In comparison to the same period of the previous year, it marked a 41 per cent drop from $16.6m.
30th April 2009
US wind power company Aeronautica Windpower has signed a licensing agreement with Danish wind turbine manufacturer Norwin to produce turbines for the US and Caribbean markets.
30th April 2009
The University of North Carolina has been awarded a $17.5m grant over the next five years by the US Department of Energy as part of the American Recovery and Reinvestment Act’s focus on solar fuels from next-generation photovoltaic technology.
30th April 2009
US photovoltaic module manufacturer First Solar is in the process of recruiting its next CEO to succeed Michael Ahearn, who will continue to serve in the full-time position of executive chairman. In this role Ahearn will focus his efforts of public policies needed for the global transition to low-carbon energy infrastructures.
30th April 2009
Led by development in Spain and potential in the US, concentrated solar power markets are entering a new growth phase, amidst a tumultuous global economic landscape. The CSP industry is scaling rapidly with 1.2GW under construction as of April 2009 and another 13.9GW announced globally through 2014, according to a new study from Emerging Energy Research analysing global CSP markets and strategies.
29th April 2009
Beacon Power Corporation, a developer of efficient electricity grid operation products, has welcomed the US Department of Energy’s new smart grid technology development project funding programmes.
29th April 2009
US energy company Daulton Capital Corp has agreed to acquire Energy Solutions People Inc. Formed in September 2007 to address the needs of residential, small commercial and light industrial users, Energy Solutions’ solar and wind energy products aim to provide clean, renewable energy that will help lower the demand for traditional energy sources such as oil, coal and natural gas, the company said.
29th April 2009
Concentrated solar power markets are entering a new growth phase led by development in Spain and potential in the US, according to research carried out by Emerging Energy Research.
29th April 2009
American Electric Power has doubled its goal of adding 1,000MW of renewable energy by 2011 to 2,000MW. The goal makes up 12 new targets the company released in its Corporate Sustainability Report.
29th April 2009
EnerTech Corp. has established a joint venture with Jiangsu Shunda Semiconductor Development Co., a photovoltaics raw material manufacturer, to pursue solar expansion opportunities in the US region.
29th April 2009
Jinzhou Yangguang Energy, a wholly-owned subsidiary of Solargiga Energy Holdings, a Chinese manufacturer of monocrystalline silicon solar ingots and wafers, has entered into a joint agreement with Kinmac Holdings Limited and a third party to establish Jinzhou Jinmao Photovoltaic Technology.
29th April 2009
Patriot Energy Corporation, a US developer of energy efficient products, has finalised a distribution agreement with Toshent Overseas at $255m, following previous negotiations.
29th April 2009
UK Secretary for Energy and Climate Change Ed Miliband has expressed support for the Major Economies Forum set to take place in July 2009.
29th April 2009
Danish wind power company Vestas generated first-quarter revenue of €1,105m, an increase of 58 per cent, signaling an EBIT improvement of 124 per cent and lifting the EBIT margin from 4.9 per cent to 6.9 per cent.
29th April 2009
UK engineering business Enpure Limited has been awarded a £60m contract by Costain as part of the Greater Manchester Waste Disposal Authority’s PFI ‘Waste and Recycling Contract.’
29th April 2009
CoolIT Systems, a developer of next generation IT cooling products, has acquired Delphi Thermal Liquid Cooling.
29th April 2009
Technology-focused venture capital firm New Enterprise Associates, has raised $2.15bn for its 13th fund, according to reports. The fund has a target of $2.5bn, which was reduced from an initial target of $3bn.
29th April 2009
Solar module manufacturer First Solar will supply photovoltaic modules to Solar Shop Australia for a 1MW rooftop project which is set to be the largest photovoltaic installation in the country.
29th April 2009
Ukraine has signed in a law entitled “On Amendments to the Law of Ukraine ‘On Electrical Power Engineering’ to Stimulate Use of Alternative Sources of Ukraine” which calls for the country to stimulate the use of alternative energy sources.
29th April 2009
The US wind energy industry installed over 2,800MW of new generating capacity in the first quarter of 2009, with new projects completed in 15 states and powering the equivalent of 816,000 homes, the American Wind Energy Association (AWEA) announced in its first quarter market report.
29th April 2009
Zenergy Power, the superconductor energy technology company, has raised £9.5m through the placing of 7,916,667 new ordinary shares of 1p each in the company at a price of 120p with various new and existing institutional investors.
28th April 2009
Growth-oriented private equity firm Sverica International has closed its third private equity fund, Sverica International III. The lower-middle market focused investment firm initially targeted $250m and the final closing of SI III brings Sverica’s total assets under management to over $425m.
28th April 2009
OriginOil, a US developer of algae technology, has appointed Dheeban Kannan as senior research engineer.
28th April 2009
Wave energy company Aquamarine Power has successfully tested its Oyster wave energy converter. The device has now produced and exported electricity to the grid at the New and Renewable Energy Centre near Newcastle, UK, for the first time, the company said.
28th April 2009
Sino Clean Energy, a producer of coal-water mixture in China, has been awarded a RMB5m ($732,321) grant by the Shaanxi Province Environmental Protection Agency to promote green technologies.
28th April 2009
Renewable energy company Finavera Renewables Inc. has closed the $500,000 non-brokered private placement.
28th April 2009
Energy conglomerate CH Energy Group and GAMCO Asset Management have entered into an agreement under which CH Energy Group will expand its board of directors to nine and appoint Edward Tokar as independent director in May 2009 until 2010.
28th April 2009
The American Recovery and Reinvestment Act recently passed by Congress contains an array of energy initiatives that seeks to overhaul the American energy landscape. With a renewed and purposeful focus on energy research and development, climate change, and tax policy, the Act aims to reduce the nation’s dependence on foreign oil, increase our renewable energy production and efficiency, accelerate deployment of smart grid technology, and provide funding and support to those involved in tackling the nation’s energy challenges, according to Rahoul Roy, Paul G Afonso and Anil P Ranganath of law firm Brown Rudnick.
28th April 2009
US-headquartered company Veeco Instruments has unveiled its latest solar cell equipment, FastLine, designed for high throughput and low cost production.
28th April 2009
Spanish technology company Abengoa Solar has begun commercial operations at its solar power tower near Seville, Spain, following a three-day testing period.
28th April 2009
Mechanical Technology Inc., an off-the-grid portable power solutions company, has received a note from the Nasdaq Stock Market stating that the company’s share of common stock have been struck from the list following the failure to pay all applicable fees.
28th April 2009
Ceradyne, a manufacturer of ceramic and solar products, has achieved lower than anticipated financial results for the first quarter of 2009. However, despite disappointing figures, the company expects the full-year results to fall within previously announced guidance regarding sales.
28th April 2009
Serious Materials, an energy-saving building materials company, welcomed US Vice President Joe Biden along with senators Dick Durban and Roland Burris and Mayor Richard Daley to its recently acquired windows manufacturing plant in Chicago, US.
28th April 2009
ETV Motors, an Israeli start-up developing electric vehicle propulsion technology, has closed its Series A investment round. The round was led by The Quercus Trust of Newport Beach, California, with New York-based cleantech investor 21Ventures co-investing.
28th April 2009
Munich-based venture capital firm Target Partners has held a final closing of its Target Partners Fund II on €113m.
28th April 2009
Clean coal company White Energy Company has completed the construction of the first one million tonne per annum clean coal upgrading modular plant at Bayan’s mine in East Kalimantan.
28th April 2009
In a new white paper entitled ‘Climate for Research’, the Norwegian government emphasised that public research spending will continue to increase. The government expects research to contribute to meet social and global challenges such as climate change.
28th April 2009
The Air Resources Board has adopted a regulation that will implement Governor Schwarzenegger’s Low Carbon Fuel Standard calling for a ten per cent slash in greenhouse gas emissions from California’s transportation fuels by 2020.
28th April 2009
HSBC Specialist Investments Limited, the real estate investment unit of HSBC, has successfully completed the first closing of the HSBC Environment Infrastructure Fund on €117m. The Fund is targeting a total amount of €500m.
28th April 2009
CPower, a US energy management firm, has closed a series B round of financing on $10.68m. The round was led by new investor in the company Mayfield Fund, and included returning investors such as Bessemer Venture Partners, Expansion Capital Partners, Schneider Electric Ventures, New York City Investment Fund and Consensus Business Group.
28th April 2009
Osmosis Capital, a UK-based asset manager focused on low-carbon investments, has appointed Carl-Henrik Bengtsson as partner of investor relations.
28th April 2009
Chinese solar company Chint Solar has closed a $50m round of fundraising led by Chinese venture capital firm Cybernaut and investment company Shanghai Alliance Investment Limited. A number of oversees and domestic funds made up the rest of the syndicate.
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
