ScottishPower launches test carbon capture and storage project in Scotland
29th May 2009
ScottishPower has launched a test carbon capture and storage project that will hopefully see CO2 emissions extracted from Longannet power station in Scotland.
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Archive for May, 2009
President Obama supports solar at Nellis Air Force Base
29th May 2009
On the 100th day anniversary of the signing of the Recovery Act, US President Barack Obama joined Senate leader Harry Reid in Nevada at Nellis Air Force Base.
Turkey receives World Bank and Clean Technology Fund financing for renewable energy and energy efficiency programme
29th May 2009
The World Bank board of executive directors has approved financing of $600m for Turkey’s Private Sector Renewable Energy and Energy Efficiency Project. The main objective of the project is to help increase privately owned and operated energy production from indigenous renewable sources within the market-based framework of the Turkish Electricity Market Law, thereby helping to enhance energy efficiency and curb greenhouse gas emissions as a result.
Scottish and Southern Energy outline trio of new renewable projects
29th May 2009
Scottish and Southern Energy has outlined a trio of new renewable energy projects.
Wind turbine generator company Danotek Motion Technologies unveils new manufacturing centre
29th May 2009
Danotek Motion Technologies, a US-based wind turbine generator manufacturer, is opening a manufacturing centre for the production of electric generators for wind turbines.
Renewable energy product manufacturer Romag Holdings posts financial results
29th May 2009
Romag Holdings, a manufacturer of glass and plastic composites for renewable energy applications, has posted financial results for the six months ended 31 March, 2009.
Applied Materials’ latest solar PV modules receive International Electrotechnical Commission certification
29th May 2009
Applied Materials, a nanomanufacturing technology solutions company, has been awarded the International Electrotechnical Commission certification for the solar photovoltaic modules produced by its SunFab Thin Film Line.
San Francisco International Airport to install hydrogen fueling station for fuel cell vehicles
29th May 2009
San Francisco International Airport, is to install a hydrogen fueling station. The station will be open to drivers of fuel cell vehicles and will be used to fuel a fleet of SFO’s shuttle buses as well as the demonstration of San Francisco Municipal Transportation Authority’s hybrid transit bus which uses hydrogen fuel cell battery and low sulphur biodiesel technology.
Robert A Pacha joins investment firm Evercore Partners’ energy practice
29th May 2009
Robert A Pacha has joined US investment firm Evercore Partners’ advisory practice as senior managing director and will be responsible for the firm’s midstream energy practice. Pacha will also establish Evercore’s Houston office.
US electric utilities rise to meet solar call-to-action
29th May 2009
As financial markets deteriorated in October 2008, Solar Electric Power Association executive director Julia Hamm challenged the solar and utility industries to deploy solar power on a massive scale despite new economic barriers. SEPA, an organisation comprised of over 550 utilities and solar industry members, has also issued a report demonstrating how the industry has responded amidst a tough economic climate.
Venture-backed electric vehicle services provider Better Place to establish electric vehicle network in Copenhagen
28th May 2009
Venture-backed electric vehicle services provider Better Place and the Danish city of Copenhagen have signed an agreement to jointly develop a plan for how Copenhagen can accelerate the switch from carbon-based transportation systems to sustainable mobility models that rely on renewable energy powering zero-emission vehicles.
Ceres Power completes testing period of 1KW grid-connected combined heat and power products with British Gas
28th May 2009
Ceres Power, a UK fuel cell company, has completed the design, construction and testing of 1KW grid-connected combined heat and power products in conjunction with British Gas under the Alpha phase of the CHP programme.
Jatropha-based biofuels may be hindering food growth in Africa according to Friends of the Earth
28th May 2009
Jatropha-derived biofuels may be competing with food production for land and water, according to a new report by Friends of the Earth.
Energy Technologies Institute develops UK energy system blueprints for 2050
28th May 2009
The Energy Technologies Institute has developed the Energy Systems Model to help identify those technologies capable of having the greatest impact for 2050.
GreenRoad receives $15m funding for cleaner driving scheme led by venture capital firm DAG Ventures
28th May 2009
GreenRoad, an energy efficient driving behaviour service provider based in California, US, has raised $15m in funding. The round was led by DAG Ventures with existing investors Benchmark Capital, Virgin Green Fund, Amadeus Capital Partners and Balderton Capital participating.
Norway vows to make carbon capture and storage a key policy in its fight against climate change
28th May 2009
Carbon capture and storage energy security in Europe, liberalisation of energy markets and offshore wind were the key points of the EC-Norway energy dialogue between Energy Commissioner Andris Piebalgs and Norwegian minister of petroleum and energy, Terje Riis-Johansen.
Energy efficiency and smart grid solutions company Trilliant acquires broadband provider
28th May 2009
Energy efficiency and smart grid solutions provider Trilliant, has acquired SkyPilot Networks, Inc., a provider of long-range wireless mesh broadband equipment.
Oerlikon Systems demonstrates new crystalline solar cell technology
28th May 2009
Oerlikon Systems, an industrial group specialising in plant engineering, has demonstrated its new production solution for the manufacturing of crystalline solar cells.
Governor Schwarzenegger promotes hydrogen fuel cell technology
28th May 2009
Governor of California Arnold Schwarzenegger has gone on the road to highlight advances in fuel cell technology, in partnership with the California Air Resources Board (ARB), California Fuel Cell Partnership, National Hydrogen Association and U.S. Fuel Cell Council.
Scottish Government underlines commitment greening activities with Carbon Management Plan
28th May 2009
The Scottish Government has underlined its commitment to delivering a greener Government, with the publication of its Carbon Management Plan.
Global business leaders outline six steps for climate treaty at Copenhagen
28th May 2009
Global business leaders in Copenhagen for the World Business Summit on Climate Change have issued ‘The Copenhagen Call’, a statement that sets out the elements business believes are required to forge an effective new global climate treaty.
Chinese clean energy producer SmartHeat wins $3m contract to supply Inner Mongolia
28th May 2009
Smartheat, a Chinese clean energy producer, has won a $3m contract with a Chinese municipality to supply its products to the Inner Mongolia region.
Renewable energy solutions provider Satcon’s micro grid technology selected by Hawaiian PV plant
28th May 2009
Satcon, a provider of power solutions for renewable energy, said its PowerGate Plus Spectrum micro grid solution has been selected to power La Ola Hawaii’s solar photovoltaic plant.
Californian solar PV company Signet Solar and wind producer Moncada Energy Group sign solar panel deal
28th May 2009
Californian solar photovoltaic company Signet Solar and Italian based wind producer Moncada Energy Group have signed an agreement for Signet to supply a minimum of 7.7MWp of its thin film solar modules before the close of 2009 and a continued supply in 2010 and beyond.
IBM makes $3bn available for energy efficient IT initiatives across Europe and Asia-Pacific
28th May 2009
IBM, an international computer technology company, is making $3bn available to finance IT initiatives in key economic stimulus projects in Europe and Asia-Pacific through its lending and leasing business segment, IBM Global Financing.
German city to generate energy from waste
28th May 2009
The German city of Lünen is building a dedicated biogas network, powered by agricultural waste, offering an alternative to oil, coal and Russian gas.
UK waste-to-energy company Advanced Plasma Power signs deal with green private equity firm
28th May 2009
Advanced Plasma Power, a UK waste-to-energy company, has entered into a partnership with Leveraged Green Energy, a private equity fund focused on investing in renewable energy assets, to spread APP’s Gasplasma technology across international markets.
President Obama commits over $467m in Recovery Act Funding for geothermal and solar energy projects
28th May 2009
US President Barack Obama has announced over $467m from the American Reinvestment and Recovery Act to expand and accelerate the development, deployment, and use of geothermal and solar energy throughout the US. The funding represents a substantial down payment that will help the solar and geothermal industries overcome technical barriers, demonstrate new technologies, and provide support for clean energy jobs for years to come, according to the US Department of Energy.
US Algal Biomass Organisation appoints four new board members
28th May 2009
The Algal Biomass Organisation in the US has appointed four new board members and the re-election of an existing board member.
Velocys granted $5m commercialisation grant for clean fuels
28th May 2009
Velocys, the US subsidiary of clean fuels company Oxford Catalysts Group, has been awarded a $5m commercialisation grant, applicable over a period of two and a half years.
Gimv invests in Belgian solar photovoltaic company NovoPolymers
28th May 2009
Belgian private equity firm Gimv invests €1.5m in the first financing round of Belgian cleantech company NovoPolymers, alongside venture capital firm Capricorn Venture Partners. Gimv and Capricorn both acted as co-lead investors in a total financing round of €3m.
Neste Oil lays foundation stones for renewable diesel plant in Holland
27th May 2009
Neste Oil, a refining and marketing company, has laid the foundation stones for its renewable diesel plant in the Port of Rotterdam, Holland.
Wind turbine supplier REpower receives growth finance of €600m
27th May 2009
Wind turbine supplier REpower Systems has signed an agreement with a consortium of banks led by Bayerische Hypo- und Vereinsbank, Deutsche Bank, Dresdner Kleinwort - a brand of Commerzbank - Euler Hermes Kreditversicherungs, HSH Nordbank, and The Royal Bank of Scotland for a syndicated loan of €600m.
Canadian renewable energy developer Schneider Power posts 2009 first quarter results
27th May 2009
Schneider Power, a Canadian developer of renewable energy technologies, has posted its 2009 first quarter financial results.
AMSC Windtec signs deal with Inox Wind to license 2MW wind turbine
27th May 2009
AMSC Windtec, a subsidiary of energy technologies company American Superconductor Corporation, has licensed its 2MW wind turbine design to Inox Wind, part of India’s Inox Group.
GE invests $1.4bn in cleantech R&D in 2008
27th May 2009
Infrastructure, finance and media giant GE invested $1.4bn in cleaner technology research and development in 2008, up from $750m in 2005. The company has also reduced its own greenhouse gas intensity, and is making progress against its other goals for revenue growth, water and technology innovation, according to a statement.
A-Power Energy Generation Systems and Huaian Huapeng Biomass Electricity team up for Chinese biomass plants
27th May 2009
A-Power Energy Generation Systems, a provider of distributed power generation systems in China, has signed a contract with Huaian Huapeng Biomass Electricity to design, construct, install and test two 18MW biomass plants in the City of Huaian.
US energy monitoring and management company OutSmart closes $2m in seed funding
27th May 2009
US energy monitoring and management company OutSmart Power Systems, has raised$2m in seed funding round, led by private investment manager Bainco, angel investment group The Clean Energy Venture Group and energy management company Manifold Products. The funding will be used to deploy pilot programmes for energy monitoring and management, the company said.
Versar receives Department of Energy Funding for alternative energy study
27th May 2009
Versar, Inc. Today announced that has been selected as one of 53 organisations to receive funding for wind energy projects under the US Department of Energy, as announced by DOE Secretary Steven Chu. These projects, with total DOE funding of $8.5m, are intended to address market and deployment challenges identified in DOE’s 2008 report: 20% Wind Energy by 2030.
Supermarket giant Lidl teams up with Enfinity and SolarMarkt to construct solar systems across Europe
27th May 2009
Lidl, a European food supermarket, is pursuing its focus on solar technology under the slogan ‘Auf dem Weg nach Morgen’ (on the route to tomorrow) with the conclusion of a framework agreement for the installation and maintenance of solar systems.
BP Solar and SolarEdge join forces to commercialise solar PV power harvesting system
27th May 2009
BP Solar and SolarEdge have teamed up to commercialise a photovoltaic module-integrated power harvesting system incorporated into BP Solar modules.
PowerAdvocate wins US Department of Energy funding to support wind energy initiative
27th May 2009
PowerAdvocate, a company focused on providing solutions to energy companies, has been selected to receive a US Department of Energy stimulus funding award to support the “20% Wind Energy by 2020″ initiative.
Robert Woodbury resigns from CFO position at solar PV company GT Solar International
27th May 2009
GT Solar International, a provider of photovoltaic wafers, cells and modules equipment, has accepted the resignation of its CFO Robert Woodbury for personal reasons.
Eneco to build Netherland’s cleanest gas-fired power plant with DONG Energy and Siemens
27th May 2009
Dutch energy company Eneco will go ahead and build the Enecogen gas fired power plant Enecogen in the Rotterdam port area in collaboration with DONG Energy.
Biomass gasification supplier Nexterra Energy Corp welcomes three new additions
27th May 2009
Nexterra Energy Corp, a supplier of biomass gasification solutions, has hired three new additions to its US sales force; Jim McNamara, Jo-Ann Yantzis and Jonathan Harris.
Solar photovoltaic company Tigo Energy raises further $10m in venture capital
27th May 2009
Solar photovoltaic company Tigo Energy has closed its second round of venture funding. The $10m round was led by Israel Cleantech Ventures, and joined by existing investors Matrix Partners, OVP and Clal Energy.
US solar photovoltaic company SPG Solar names Thomas Rooney Jr as CEO
27th May 2009
US solar photovoltaic company SPG Solar, Inc., has appointed Thomas S Rooney Jr. as CEO. Rooney will succeed SPG Solar’s founder Dan Thompson, who will move into the position of chairman of the board.
Investment in Concentrated Solar Power to exceed €2bn this year, according to report
27th May 2009
Investment in Concentrated Solar Power (CSP) this year will exceed €2bn ($2.58bn) and could be worth €20.8bn ($26.8bn). according to the latest report from Greenpeace, Global Concentrating Solar Power Outlook 2009, published jointly with the European Solar Thermal Electricity Association and the International Energy Agency’s SolarPACES. The report outlines how CSP can meet up to seven per cent of the world’s projected power needs in 2030 and a full quarter by 2050.
Biomass plant developer Rollcast Energy appoints Dave Kluttz as vice president of engineering
27th May 2009
Rollcast Energy, a biomass power plant developer, has hired Dave Kluttz as vice president of engineering.
Dr Lars Podlowski joins US solar array manufacturer Skyline Solar’s board of directors
27th May 2009
Skyline Solar, a US manufacturer of solar arrays, has appointed Dr Lars Podlowski to its board of directors.
Essential CleanTech Investor Summit
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For more on the Summit go to: www.NewNetInvestorSummit.com