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Archive for February, 2011

10 February 2011

Proposals to revoke sections of the US Clean Air Act threaten economic growth, EPA head testifies

The US Environmental Protection Agency claims that a proposed bill to revoke certain elements of the country’s Clean Air Act would hamper clean energy and associated economic growth.

10 February 2011

Kruger Energy, Helios Energy form US solar JV

Canadian renewable energy project developers Kruger Energy and Canadian solar developer Helios Energy have formed a joint venture company with to develop large-scale rooftop solar modules in the US.

10 February 2011

High US wind speeds this quarter provide window for increased power output

High wind speeds this quarter in the US are expected to provide a window of opportunity for increased wind power output, as a result of the La Niña surface water cooling phenomenon in the Pacific Ocean.

10 February 2011

Scotland’s first community wind JV expected to reap £11m profits

A new UK joint venture wind farm that is expected to generate up to £11m in profits has been given the go-ahead from a Scottish regional council.

10 February 2011

Vattenfall sees revenues rise, profits flat thanks to capital costs

Sweden_flagSweden-based utility group Vattenfall has published full-year financial results for 2010, showing net profits down slightly despite rising revenues, due to one-off capital costs.

10 February 2011

Indonesian government could force state utility to buy more geothermal power: report

Indonesia’s government is about to announce a decree mandating that state-owned utility PLN buy more of the county’s geothermal power, according to the Jakarta Post.

10 February 2011

Government assistance still crucial for cleantech

Stable government subsidies and regulation are still seen as being the most important growth drivers for the cleantech sector, according to a survey by Jefferies.

10 February 2011

London Mayor inaugurates £80m UK waste-to-energy plant

The Mayor of London has inaugurated construction of an £80m waste-to-energy plant that is estimated to power up to 15,000 local homes and divert landfill.

10 February 2011

EADS to innovate transportation hydrogen technology

Aerospace and defence major EADS is teaming up with researchers in Scotland to develop clean hydrogen technology that could be used to power airplanes and cars.

10 February 2011

Ingenious Group takes £1m from balance sheet to invest in solar VCTs

UK-based investment and advisory firm the Ingenious Group has invested £1m from its corporate balance sheet in its solar venture capital trusts (VCTs), following significant interest from investors in the funds.

10 February 2011

Formula One champion Nelson Piquet backs bio-ethanol JV

World champion Formula One driver Nelson Piquet has inked an agreement with a group including clean energy company Acta to develop bio-ethanol and an enriched diesel product for the Brazilian fleet market.

10 February 2011

juwi Hellas to expand Greece presence

The Greece-based subsidiary of solar developer juwi aims to strengthen its presence in the country after capturing a tenth of its solar market in 2010.

10 February 2011

Will smart grids shine bright in 2011?

Last year was a stellar year for the smart grid industry; sales revenues increased, investment boomed and consolidation through acquisition and merger produced a much stronger base of vibrant companies, writes business intelligence provider Memoori.

10 February 2011

Humber Gateway offshore wind farm gets green light

The UK government has given the green light for E.ON to build a 230MW wind farm off the coast of Humberside in the north-west of England.

10 February 2011

Biodiesel producer ADM to invest in sustainable palm oil production in Brazil

NYSE-listed biodiesel producer Archer Daniels Midland plans to invest in sustainable palm production in Brazil over a five-year period.

10 February 2011

Hunt Global Resources to acquire Carbon Green tyre recycler this month

Renewable energy producer Hunt Global Resources has inked its intent to acquire recycling company Carbon Green with its majority shareholders

10 February 2011

Green Technology Solutions eyes South Korea rare earths

Publicly-quoted clean mining technology developer Green Technology Solutions is targeting the rare earth development market in South Korea, as well as Mongolia.

10 February 2011

SCE signs 250MW photovoltaic PPA with First Solar

US utility Southern California Edison has signed a power purchase agreement with First Solar for 250MW of solar panels.

10 February 2011

REC sees revenues rise more than 50% in 2010

Renewable Energy Corporation saw revenue for the full year close at NOK13.78bn (€1.74bn), an increase of 56 per cent from 2009.

10 February 2011

California-based Tegal sells solar product line to SPTS

California-based solar manufacturing company Tegal Corporation has sold its Deep Reactive Ion Etch (DRIE) product line and certain related assets to SPP Process Technology Systems (SPTS).

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