Archive for August, 2011
5 August 2011
Platina Partners, a private equity firm specialising in renewable energy buy-outs, has confirmed that it has acquired three solar plants in Italy with plans to buy more.
Read full story
5 August 2011
South Korean photovoltaic (PV) component manufacturer Nexolon is aiming to raise KRW203.6bn ($191m) through an initial public offering. The company applied to the Korea Exchange to sell 22.6 million new shares for a price of between KRW7,600 ($7.4) and KRW9,000 ($8.4), it was reported in Bloomberg. Woori Investment & Securities is arranging the share sale[...]
Read full story
5 August 2011
India-based wind turbine manufacturer Suzlon has been fined $490,000 by the Minnesota Pollution Control Agency for committing air quality, hazardous waste, solid waste and storm water violations at its manufacturing plant in Pipestone, Minnesota in the US.
Read full story
5 August 2011
A number of billion dollar deals in the wind sector this week has gone some way to strengthening investor confidence at a time when macro concerns dominate European economics.
Read full story
5 August 2011
The gains witnessed by Australian Securities Exchange-listed companies on the back of the carbon tax announcements have not been held across the board nearly a month after the news.
Read full story
5 August 2011
UK-based Octopus Investments told NewNet it has set a target of raising £120m for a new Venture Capital Trust and Enterprise Investment Scheme by year-end as it looks to capitalise on the country’s small-scale solar market.
Read full story
5 August 2011
Dutch bioplastic developer Avantium has appointed Jeffrey Kolstad as chief scientist.
Read full story
5 August 2011
New York-based private equity firm Barron Partners has launched Soltas Energy, to consolidate the firm’s existing regional solar project development efforts and create a national vehicle for financing solar projects.
Read full story
5 August 2011
Siemens Energy has been contracted to supply wind turbines for the 288MW German offshore wind development Meerwind.
Read full story
5 August 2011
The UK Green Building Council has announced support for the UK government’s new report outlining what the transition to a green economy means for business.
Read full story
5 August 2011
The private equity arm of Indian infrastructure giant IDFC has announced a further INR800m ($17.9m) investment in renewable energy company Green Infra, according to news reports.
Read full story
5 August 2011
US-based electric vehicle manufacturer Tesla has recorded revenues of £39m for the second quarter of 2011, up from $33m in the first quarter but this was not enough to prevent a net loss of $59m.
Read full story
5 August 2011
US renewable company EcoEnergy has completed a 1.6MW rooftop solar installation on a warehouse used by catering supply-chain business WEBstaurant Restaurant Supply.
Read full story
5 August 2011
Danish wind turbine manufacturer Vestas has been contracted to supply wind turbines for a 46.8MW facility in Gujarat, in the west of India.
Read full story
5 August 2011
Brazil-based wind and solar developer Bioenergy will invest in the order of $3.8bn in the country’s renewable energy sector, if it can secure financing.
Read full story
5 August 2011
US energy company Sempra Generation has entered into a 25-year purchase power agreement with utility the Pacific Gas and Electric Company for the sale of electricity from the 150MW expansion of Sempra’s Copper Mountain Solar facility in Nevada.
Read full story
5 August 2011
India-based Moser Baer Projects confirmed to NewNet that it may look to list its clean energy division next year. Moser Baer Projects its one of the fastest growing integrated power companies in India and its subsidiary Moser Baer Clean Energy has both hydro and solar assets. Abhinav Kanchan, spokesperson for Moser Baer Projects, told NewNet,[...]
Read full story
5 August 2011
NYSE-listed FirstEnergy has launched a request for proposals to secure solar power credits for its utility customers in Ohio.
Read full story
5 August 2011
US biofuel company Solazyme has recorded second quarter revenues of £7.4m, up from $4.4m in the second quarter of 2010, but this failed to stem the company’s losses.
Read full story
5 August 2011
US photovoltaic company First Solar announced net sales of $533m in the second quarter of 2011, a decrease of $34.5m from the first quarter and $55m compared with the same period in 2010.
Read full story