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Archive for August, 2011

2 August 2011

Cyclone Power Technologies wins clean energy US Army deal

Cleantech engine developer Cyclone Power Technologies has been awarded a $1.4m contract by the US Army to develop a 10kW power unit that can be used in military vehicles.

2 August 2011

Sunergy wins legal battle against REC

The Court of Appeal in Norway has ruled in favour of Chinese photovoltaic manufacturer Sunergy in its dispute with Norwegian cleantech company the Renewable Energy Corporation.

2 August 2011

Brazil’s Banco Votorantim on fundraising trail for three renewable energy PE funds

Banco Votorantim, the financial unit of Latin American industrial group Votorantim Group, will look to raise $768m across three renewable energy-focused private equity funds.

2 August 2011

Algal specialist MBD Energy weighs exchange options for $100m listing

Australian carbon capture and storage and algal synthesis specialist MBD Energy told NewNet it will look to raise between A$60m ($65.22m) and A$100m ($108.7m) when it carries out its planned initial public offering next year.

2 August 2011

GE contracted for 350MW of wind turbines by Wind Capital Group

US technology giant General Electric has been contracted by project manager the Wind Capital Group to supply 228 turbines with a combined generating capacity of 350MW for two US wind farms.

2 August 2011

ABB wins $1bn offshore wind transmission link

Power group ABB has won a $1bn order from Dutch-German transmission grid operator TenneT to supply a power link connecting offshore North Sea wind farms to the German mainland grid.

2 August 2011

Opposition grows to France’s offshore wind plans

France’s plan to open a €10bn offshore wind tender is being met by opposition by some members of the public.

1 August 2011

South Africa sets ambitious clean energy goalp

South Africa has finally launched its procurement plan to derive 42 per cent of its new generation from renewable sources over the next two decades.

1 August 2011

Solar Millennium sells stake in PV plant to RREEF Infrastructure

German photovoltaic developer Solar Millennium and construction company OHL Industrial have sold 49 per cent of the planned 50MW Arenales solar plant to a fund managed by RREEF Infrastructure.

1 August 2011

UK energy efficiency specialist Anesco set to enter global market

UK-based renewable solutions company Anesco is set for global expansion after being granted full European Trademarks.

1 August 2011

Technip becomes latest to align itself with Scotland’s renewables growthp

French oil and gas company Technip has announced its intention of entering the offshore wind market and has opened a ‘centre of engineering excellence’ for the sector in Aberdeen, Scotland.

1 August 2011

Semiconductor company Intermolecular files for $200m IPO

circuit_board_170_170 Intermolecular, a semiconductor and clean energy technology platform company, has filed an S-1 document with the US Securities and Exchange Commission, announcing its intention to list and raise up to $200m.

1 August 2011

Organic Recycling looks to attract investors to £20m AD plant

Waste management specialist Organic Recycling told NewNet it was looking to attract investors for a £20m anaerobic digestion plant in Lincolnshire, UK.

1 August 2011

Amyris partners with Kuraray to develop bio-based polymer product

US renewable product manufacturer Amyris has partnered with Japanese materials company Kuraray to develop new polymers from renewable hydrocarbon Biofene.

1 August 2011

Transmission group Terna to sell solar subsidiary to Terra Firma

Italian energy group Terna has signed an agreement for the sale of subsidiary Nuova Rete Solare (NRTS) to UK private equity firm Terra Firma for between €180m and €260m.

1 August 2011

South Africa launches long-awaited renewable procurement programme

South Africa has launched its much-anticipated renewable energy procurement plan, setting in motion the country’s plan to derive 42 per cent of new generation from renewable energy sources.

1 August 2011

Canadian Solar enters India PV market in partnership with Circus

Photovoltaic manufacturer Canadian Solar has been contracted to supply 33MW of modules to India-based Circus Solar Systems.

1 August 2011

Renewable Northern Ireland to acquire sites for 100MW wind project pipeline

Renewable Northern Ireland, a company established by Aeronautica Windpower in conjunction with local businesses, said it will look to develop 100MW of wind power in Northern Ireland.

1 August 2011

Perceva Capital to acquire stake in biomass heater Supra from EDF

French utility EDF has entered into exclusive negotiations with domestic investor Perceva Capital with a view to sell its majority stake in biomass heating appliance manufacturer Supra.

1 August 2011

IKEA purchases UK wind farm

Swedish furniture retailer IKEA’s UK division has acquired a 12.3MW wind farm in Aberdeenshire, north Scotland.

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