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Archive for January, 2010

New York Power Authority advances state-wide solar energy project

US New York Power Authority (NYPA) has launched a solar energy initiative, with 60 interested parties including several solar developers registering and submitting requests for proposals.

Read More | Comments (1) | North America, policy, solar

US energy efficiency company Honeywell’s sales on the increase

US biofuel and energy efficiency company Honeywell’s sales were up 13 per cent compared with the fourth quarter of 2008, which it attributes to higher volumes of turbochargers globally and the favourable impact of foreign exchange.

Read More | Comments (1) | North America, biomass/biofuel, companies, energy efficiency

Concentrix Solar’s modules gain IEC certification

French concentrator photovoltaic system developer Concentrix Solar, a division of engineered substrate supplier Soitec Group, has received International Electrotechnical Commission (IEC) certification for its solar module generation.

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Global renewable energy company Westport appoints CFO

NASDAQ-listed renewable energy technology developer Westport Innovations has appointed Bill Larkin as its CFO, former CFO of Fuel Systems Solutions.

Read More | Comments (2) | North America, biomass/biofuel, companies

Coherent returns to profitability in 2010, with increasing solar tool orders

NASDAQ-listed solar photonics company Coherent has returned to profitability with a net income of $4.2m ($0.17 per diluted share) in its first fiscal quarter 2010 result compared to losses of $14.7m ($0.61 per share) in the first quarter of 2009.

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Suniva and GS Battery to develop energy storing solar systems

US solar manufacturer Suniva and GS Battery, the American subsidiary of Japanese battery and inverter developer GS Yuasa International, have collaborated to develop solar powered energy storage systems using Suniva’s solar modules.

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Evergreen Energy increases public offering to $8.7m

NYSE-listed US energy efficiency company Evergreen Energy has entered into definitive agreements to increase its registered direct public offering by around $1.7m to $8.7m.

Read More | Comments (0) | North America, deals, energy efficiency

Energy efficiency company Fuel Tech secures $2.6m of emission control orders

NASDAQ-listed US emissions control technology developer Fuel Tech has received $2.6m in multiple air pollution control contracts.

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UK fossil fuel suppliers fail to show sustainability of biofuels, says RFA

Several fossil fuel suppliers have failed to demonstrate the sustainability of their biofuels, according to the Renewable Fuels Agency’s (RFA) recent report on the impacts of biofuels supplied in the first year of the Renewable Transport Fuel Obligation.

Read More | Comments (1) | Europe, biomass/biofuel, policy

Renewables investor Future Capital Partners appoints business developer to market fund

UK-based alternative investor Future Capital Partners (FCP) has appointed Glen Stewart as its business development manager to market its newly launched renewable energy investment vehicle, Future Fuels.

Read More | Comments (1) | Europe, biomass/biofuel, companies, energy efficiency

ECD and Enfinity to develop 10MW of rooftop solar installations in Canada

NASDAQ-listed US solar integrator Energy Conversion Devices (ECD) and global solar developer Enfinity plan to co-develop a 10MW portfolio of rooftop solar installations in Ontario, Canada.

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Carmanah partners with JEC to distribute solar LEDs across Asia

Canadian solar LED developer Carmanah Technologies has entered into a distribution agreement with Hong Kong-headquartered engineering contractor Jardine Engineering (JEC), under which JEC will distribute Carmanah’s solar LED lighting products throughout Hong Kong, Macau, the Philippines and Thailand.

Read More | Comments (1) | North America, companies, energy efficiency, solar

US DOE closes $1.4bn loan to Nissan to advance electric vehicles

The US Department of Energy (DOE) has closed its $1.4bn loan agreement with Nissan North America to refurbish its Smyrna, Tennessee, factory used to build advanced electric automobiles and an advanced battery manufacturing facility.

Read More | Comments (2) | North America, deals, energy efficiency

Wind turbine factory to drive an energy revolution in Wales, says BWEA

UK engineering firm Mabey Bridge has recently agreed to invest £38m in a Chepstow-based factory to build and paint wind turbine towers.

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Enel and Piaggio to develop hybrid vehicles

European energy efficiency company Enel and scooter manufacturer the Piaggio Group have signed an agreement to develop zero and low environmental impact mobility systems.

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Acciona’s Red Hills wind farm to be registered under Voluntary Carbon Standard

Spanish energy and infrastructure company Acciona Group’s renewable energy subsidiary Acciona Energy’s Oklahoma, US-based Red Hills wind farm is the first in the US to be validated and registered under the Voluntary Carbon Standard (VCS), which provides a global standard for the approval of credible voluntary offsets.

Read More | Comments (1) | Europe, companies, wind

Amtech’s total fiscal 2010 solar orders surpass $70m

NASDAQ-listed global solar cell manufacturing equipment supplier Amtech Systems’ solar subsidiary, Tempress Systems, has received approximately $19m in solar orders for its diffusion processing systems from new and existing customers in Asia.

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Iberdrola sees huge growth in wind energy production

Global wind power company Iberdrola Renovables increased its electricity production by 26.4 per cent or 4,492 million KWh in 2009 to 21,490 million kWh.

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A-Power to develop Vietnamese power plant, delivers ten wind turbines to China

NASDAQ-listed energy efficiency company A-Power Energy Generation Systems, which provides distributed power generation systems in China and is fast becoming a manufacturer of wind turbines, has delivered ten wind turbines in China and agreed to co-develop a power plant for a cement factory in Vietnam.

Read More | Comments (0) | Asia, companies, wind

Semprius and Siemens to develop plug-and-play solar systems

Semprius and Siemens Industry have entered into a joint development agreement to co-develop and deploy plug-and-play demonstration systems based on Semprius’ solar module arrays and Siemens’ automation and control components.

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Private equity firm BTS to launch $150m India renewable fund

Private equity firm BTS Investment Advisors is to launch a $150m India-focused investment fund, according to reports.

Read More | Comments (0) | Asia, energy efficiency, funds

Mercury Cable & Energy and Jordana Electric to market smart conductors in Mexico

California-based developer of high voltage composite reinforced conductors (HVCRC) for electrical transmission lines, Mercury Cable & Energy’s operating subsidiary has engaged Jordana Electric to represent its HVCRC Smart Conductor product line in Mexico.

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UK superconductor energy technology company Zenergy Power makes first sale

UK superconductor energy technology company Zenergy Power has received its first commercial order for a superconductor fault current limiter from UK-based Applied Superconductor.

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Constellation Energy appoints head for solar sales and green initiatives

NYSE-listed energy company Constellation Energy has appointed Michael D Smith to lead solar sales and green initiatives for the company’s competitive retail energy businesses.

Read More | Comments (1) | North America, companies, energy efficiency, solar

Clean energy project developer Greenko raises £72m in share placement

AIM-listed Indian clean energy project owner and operator, Greenko, has raised approximately £72m by way of a placing by Arden Partners and Mirabaud Securities of 51.429 million shares of €0.005 each in the capital of the company.

Read More | Comments (0) | Asia, deals, energy efficiency

Earth Capital Partners gains new sustainable agriculture and forestry investment advisory team

UK renewable investment advisor Earth Capital Partners (ECP) has formed its new sustainable agriculture team.

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Obama proposes new climate bill and energy efficiency rebates

As part of his State of the Union address, US President Barack Obama announced plans to introduce a new climate bill and offer reimbursements to US citizens who make their homes more energy efficient in his vision for a clean energy economy.

Read More | Comments (1) | North America, energy efficiency, features, policy

Glendale biogas plant begins generating energy for Arizona, US utility APS

The 2.8MW Glendale biogas power plant located at the City of Glendale’s municipal landfill is now on line. Owned and operated by Glendale Energy, an affiliate of Sexton Energy, the plant is sending all its energy to Arizona, US utility APS’s customers.

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Changing solar market means new CEO for Solon

The supervisory board of Berlin-based solar manufacturer Solon has appointed Stefan Säuberlich as its new CEO.

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Global wind gear manufacturer Moventas and Chinese wind turbine manufacturer Dong Fang to develop turbines in China

Finland-headquartered wind gear manufacturer Moventas and Chinese wind turbine manufacturer Dong Fang New Energy Equipment (DNEE) have agreed to co-operate on the development of a 3MW wind turbine for the Chinese market.

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BP Solar expands Jabil deal

BP Solar, the subsidiary of global energy conglomerate BP, has extended and expanded a deal it struck with global electronics company Jabil Circuit last October, according to reports.

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US state of Iowa approves final $5.25m grant award for Poet ethanol plant

The US state of Iowa’s Department of Economic Development has approved an agreement for the final $5.25m in financial assistance to US biofuel developer Poet to develop a commercial-scale cellulosic ethanol plant that will produce ethanol from corn cobs.

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Veolia Environmental Services appoints new senior vice president

US waste and environmental company Veolia Environmental Services North America (VESNA) has appointed Michael Slattery as its senior vice president and general counsel.

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Energy efficiency company Evergreen Energy raises $7m through direct offering

NYSE-listed energy efficiency company Evergreen Energy has entered into definitive agreements with institutional investors in a registered direct offering with gross proceeds of approximately $7m.

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Joule Biotechnology appoints former Solazyme vice president to lead business development

US biotechnology company Joule has appointed Dr Troy Campione as senior vice president of corporate development.

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Ciris closes financing round to develop coal to methane technology

US emerging energy production company Ciris Energy has closed a round of financing with Braemar Energy Ventures, Rho Ventures and General Electric Energy Financial Services, a subsidiary of global electric company NYSE-listed GE. The value of the financing was not disclosed.

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Brazil wind auction winners to enter wind development deal with GE turbines

NYSE-listed electric giant General Electric is debuting in Brazil with commitments to supply wind turbines for 400MW of Brazilian wind farm developments.

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US wind energy industry installs record energy capacity in 2009

The US wind industry has broken previous records by installing nearly 10,000MW of new generating capacity in 2009 but still lags in manufacturing, according to the American Wind Energy Association’s (AWEA) fourth quarter report.

Read More | Comments (1) | North America, companies, knowledge, wind

Foresight launches planned exit venture capital trust to target environmental infrastructure

UK-based alternative asset manager Foresight Group has launched a £20m new venture capital trust share class offer through its planned exit venture capital trust fund, providing private investors with a tax efficient opportunity to target unquoted companies predominantly in the environmental infrastructure sector.

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USE installs Solyndra’s cylindrical solar panels in Belgium

German-headquartered solar integrator Umwelt-Sonne-Energie (USE Projects) has completed the installation of 1.9MW of US solar manufacturer Solyndra’s cylindrical solar systems on ten rooftop sites in Belgium, owned by a large international food retailer.

Read More | Comments (1) | Europe, companies, solar

Honda launches new solar hydrogen electric vehicle station

Car maker Honda has begun operation of a next generation solar hydrogen station prototype at the Los Angeles Center of Honda R&D Americas, California, US, intended for use as a home refuelling appliance capable of an overnight refill of fuel cell electric vehicles.

Read More | Comments (2) | North America, companies, energy efficiency

American Superconductor’s systems to regulate Chinese wind turbines

NASDAQ-listed US energy technology developer American Superconductor Corporation has received an initial order for 100 sets of wind turbine core electrical components from China’s XJ Group Corporation.

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Protonex awarded $1.85m contract to develop military energy storage systems

AIM-listed advanced fuel cell system provider Protonex Technology Corporation, based in Massachusetts, US, has received a $1.85m contract award from the US Army CECOM to develop and deliver advanced portable battery charger and auxiliary power units (APU) fuel cell systems.

Read More | Comments (1) | North America, deals, energy storage

Calmac CEO named as USGBC board’s chair-elect

Energy storage company Calmac’s CEO Mark MacCracken has been selected as chair-elect of the US Green Building Council (USGBC) board of directors for the 2010 calendar year.

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European solar companies Global EcoPower and T-Solar partner to expand operations in France

French solar developer Global EcoPower has sealed an agreement with neighbouring Spanish solar installer T-Solar Group to jointly develop 120MW in France over the next three years.

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Chinese wind turbine manufacturer A-Power finalises $49.9m acquisition of Evatech

NASDAQ-listed Chinese wind turbine manufacturer A-Power Energy Generation Systems has received the approval certificate of foreign investment from the National Development & Reform Commission and Ministry of Commerce in China required to complete the acquisition of Evatech of Kyoto, Japan.

Read More | Comments (1) | Asia, companies, energy efficiency

Sierra Geothermal resists changes to management structure

Vancouver-based renewable energy company Sierra Geothermal Power Corp has seen a proposal from Exploration Capital Partners 2005 Limited Partnership to increase the size of its board of directors from six to thirteen, rejected following a shareholder vote.

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Wind energy industry boosted Transcat’s service segment revenue and profits, 3Q 2010 results show

NASDAQ-listed global energy measurement device distributor Transcat’s third quarter of fiscal year 2010 saw the company’s revenue increase 9.2 per cent and its gross profit rise $0.2m year-on-year.

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Hudson Clean Energy Partners appoints NexGen Advisors founder to advisory board

Global renewable power-focused private equity firm Hudson Clean Energy Partners has appointed founder and principal advisor for global corporate restructuring firm NexGen Advisors, Carla Zilka, to its general partner (GP) advisory board.

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First paper waste-based biofuel demonstrated by Novozymes

Global bio-innovation company Novozymes and Maryland-based Fiberight have partnered to provide demonstration fuel made from government office wastepaper and waste cardboard that was tested in Washington DC.

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