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Archive for October, 2011

31 October 2011

Geothermal Engineering gets £6m to develop series of projects

UK-based Geothermal Engineering has been awarded more than £6m by a government fund.

31 October 2011

UK solar industry reacts to proposed new FIT levelsp

UK Environment Minister Greg Barker has revealed new proposed feed-in tariff levels for the photovoltaic installations in the UK that would see many of the current incentives reduced by more than 50 per cent.

31 October 2011

Significant opportunities exist in UK waste sector, says expertsp

A UK-based waste management consultancy has identified a capacity gap in the amount of residual waste treated in the country (excluding Northern Ireland) of 22.3 million tonnes.

31 October 2011

Bankrupt solar business to sell off assetsp

A bankrupt solar manufacturer will look to sell a number of assets in November as it looks to stem its losses.

31 October 2011

Emerging economies plan growth through biomass gasificationp

With a growing focus on decentralised energy generation and private power generation in emerging economies, biomass gasification could provide a timely solution to South Africa’s beleaguered energy industry.

31 October 2011

US Court of Appeals revokes permission for Cape Wind offshore wind farm

offshorewind170SQ The US Court of Appeals has revoked permission granted to the proposed first ever offshore wind farm in the US, the 420MW Cape Wind project that was due to be located in Nantucket Sound, Massachusetts.

31 October 2011

UK offshore wind specialist expected to go on the marketp

A UK offshore wind farm servicing company could be up for sale by its private equity owners.

31 October 2011

Energy Investors Funds closes eighth fund on $1.7bnp

Energy Investors Funds, a private equity fund manager that invests in the US energy and electric power sectors, has closed its eighth fund with $1.71bn in commitments.

31 October 2011

Foresight bolsters fund management teams

Foresight Group, a UK-based alternative asset manager specialising in the renewable energy and infrastructure sector, has made two new appointments which will further strengthen its fund management teams.

31 October 2011

GT Advanced Technologies wins $47.7m order in Saudi Arabia

US company GT Advanced Technologies has secured an order worth $47.7m for photovoltaic production equipment and technology by the Polysilicon Technology Company based in Saudi Arabia.

31 October 2011

Changes proposed to deregulate English water market

Changes to water regulation in England will allow 23,800 more businesses in the country to choose their water supplier.

31 October 2011

AMSC backs out of Switch purchase

The American Superconductor Company has terminated its share purchase agreement with shareholders of The Switch Engineering, a company that supplies inverters to the renewable energy market.

31 October 2011

Ingenious Clean Energy launches two EIS fundsp

Ingenious Clean Energy, a division of UK-based investment group Ingenious, has launched two Enterprise Investment Schemes aimed at providing exposure to the country’s sustainable development projects.

31 October 2011

UK’s DECC proposes dramatically reduced FIT levels for PV

parliamentUk_170SQ2 The UK’s Department of Energy and Climate Change has proposed new feed-in tariff levels for photovoltaic (PV) installations that will significantly cut the subsidy available if they come into force next April.

31 October 2011

Intelligent Energy appoints new COO

International cleantech company Intelligent Energy has appointed Joe O’Sullivan to the role of chief operating officer.

31 October 2011

UK Ministers give go-ahead for biomass and energy-from-waste plant

UK Ministers have granted permission to Scottish and Southern EnergyGeneration for the construction of a 108MW biomass and energy from waste power plant in Wakefield, Yorkshire.

31 October 2011

UK investment firm to sell off series of renewable assetsp

A UK-based cleantech-focused investment company said it is targeting strategic sales of certain assets as it aims to return capital to shareholders.

31 October 2011

New cleantech business ECES created in UK

A new company called EC Energy Solutions has been established in the UK by four former blue-chip CEOs and FTSE directors to design renewable microgeneration systems for businesses and households.

31 October 2011

Environmental investor Ambienta invests €16m in water company Amplio

Environmental-focused private equity firm Ambienta SGR has invested €16m in water treatment company Amplio Filtration Group.

31 October 2011

Uproar against Europe’s aviation emissions plan gains strength

airplane_170SQ The push back against Europe’s plans to charge airlines for their carbon emissions has gained strength with a number of countries outside the European Union calling for a change to the plans.

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