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Archive for February, 2011

7 February 2011

SDG&E signs 20-year wind power deal with Pattern Energy

US utility San Diego Gas & Electric has signed a 20- year power purchase agreement for 315MW of wind energy to be generated at Pattern Energy’s Ocotillo wind energy facility in California.

7 February 2011

Enel to install McPhy hydrogen storage system

Enel Group, which recently floated its renewable energy business on a number of European exchanges, is to integrate hydrogen storage technology developed by fledgling French specialist McPhy Energy into its renewable energy framework.

7 February 2011

EGPI Firecreek closes Arctic Solar Engineering acquisition

Traditional energy company EGPI Firecreek has finalised its acquisition of Arctic Solar Engineering (ASE), an integrator of solar thermal energy technology.

7 February 2011

Stock market round-up: Financial results highlight big winners in cleantech

It is results season, and a raft of cleantech companies have just reported quarterly and full year figures for revenues, margins and profits. Some experienced exceptional growth in 2010.

7 February 2011

Industry Profile: Rachel Carroll, Ener1p

The broad range of applications for energy storage technology is attracting the attention of global industrial and manufacturing groups, and offers growing companies in the sector a variety of opportunities to partner with large multinational companies, according to Rachel Carroll, vice president of corporate communications for energy technology business Ener1.

4 February 2011

Deal round-up: Solar companies shore up supply chain

Solar energy companies have taken steps to shore up their supply chain this week as concerns affect businesses around the world.

4 February 2011

New Energy Technologies picks Elliot Maza for CFO

Maryland-based New Energy Technologies has appointed Elliot Maza of Ernst & Young (E&Y) as its chief financial officer.

4 February 2011

Obama launches Better Buildings Initiative, pledges to cut oil subsidies

US President Barack Obama has announced a plan to offer incentives for businesses to upgrade the energy efficiency of commercial buildings.

4 February 2011

Greek utility seeks partner for €600m solar project

Greece’s Public Power Corporation (PPC) has published an invitation calling for strategic partners for its mooted €600m solar project, which could be the world’s largest if it goes ahead.

4 February 2011

Higher oil price not all good news for biofuels

Rising oil prices may have the knock on effect of tightening the supply of biofuels, according to Rob Vierhout, the Secretary General of European Renewable Ethanol Association, ePure.

4 February 2011

Brookfield orders Alstom equipment for Brazilian hydro plants

Power giant Alstom has signed two contracts with Brookfield Renewable Power to supply key plant equipment to two hydropower facilities in Brazil.

4 February 2011

First Solar and 5N Plus ink supply agreements

Thin film photovoltaic specialist First Solar and Canadian materials producer 5N Plus have signed a series of new supply agreements, replacing their previous contracts.

4 February 2011

Italy fears large-scale solar fraud

Italy’s Industry Minister, Paolo Romani, has reportedly admitted the enormous jump in solar capacity the country reported two weeks ago was inflated by fraud.

4 February 2011

REpower sees revenues drop but increases order backlog

Wind turbine developer REpower Systems saw its revenues drop for the first nine months of the 2010/2011 fiscal year to €758m, compared with €920.5m for the same period the year before.

4 February 2011

Wasabi Energy raises £3m in institutional placing

Australian renewable energy company Wasabi Energy has raised £3m before expenses through an institutional placing at 2.7 pence per share.

4 February 2011

GWS begins mixed solar and wind farm in Arizona

GWS Technologies has begun the design and engineering of a 1,500 acre commercial wind and solar farm in the Colorado Plateau in north-east Arizona.

4 February 2011

UK utility SSE sees drop in wind farm output

One of the largest UK utilities Scottish and Southern Energy (SSE) has reportedly witnessed a 20 per cent drop in output from its wind farms during 2010.

4 February 2011

Romag chairman steps down over undisclosed payment

John Kennair, chairman of UK glass manufacturer Romag, which serves the solar panel market as well as the architectural, transport and security sectors, has reportedly stepped down pending an internal investigation at the company.

4 February 2011

Intel installs Evergreen Solar panels after own business folds

Computer hardware giant Intel has completed two rooftop solar installations at its premises in Hillsboro, Oregon, adding up to 800kW of power.

4 February 2011

ADB gives $36.8m loan to Pakistan wind farm

The Asian Development Bank will provide a loan to Pakistan’s first privately-owned wind farm in the country.

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