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Archive for 2011

6 December 2011

Clean energy investment rockets in Australiap

More than A$5.2bn ($5.31) was invested into the renewable energy sector during the 2010 /2011 financial year in a sharp rise to the levels witnessed for the previous 12 months, a new report has found.

6 December 2011

Reliance Power secures $40m PV loan from ADB

India-based energy company Reliance Power has secured a loan of up to $40m from the Asian Development Bank to finance the 40MW Danhanu solar project.

6 December 2011

US fund solicits renewable energy proposalsp

A US fund is soliciting applications from tribal organisations to compete for funds for renewable energy projects.

6 December 2011

ITC rules in favour of further investigation into Chinese solar dumpingp

Judge-hammer_170SQ The US International Trade Commission has determined there is a reasonable indication the US solar sector is materially injured by alleged Chinese trade practices, and all six commissioners voted in favour of further action.

6 December 2011

Second Chinese cleantech business looks to listp

Rumours continue to circulate that a second Chinese cleantech company will carry out an initial public offering in the next few weeks.

6 December 2011

Veolia to accelerate divestment strategy

International environmental services, energy and water company Veolia has announced it will accelerate the restructuring of its activities and look to divest €5bn worth of assets over the next two years.

6 December 2011

Siemens strengthens smart grid offering with eMeter acquisition

German electronics giant Siemens has signed an agreement to purchase all the stock of US smart metering company the eMeter.

6 December 2011

Chinese cleantech company may go public

A Chinese cleantech company that will look to revive its listing plans may brave the public markets in the near future.

6 December 2011

Recycling company will look to engage with banks for development capitalp

bank1 A metals recycling company told NewNet that it would look to secure financing from banks in the near future as it moves to production phase.

6 December 2011

US Navy makes record biofuel order

The US Navy has placed a biofuel order of 450,000 gallons from Dynamic Fuels, a joint venture between Tyson Foods, the Syntroleum Corporation and Solazyme.

6 December 2011

US university installs Recharge EV stations

The Georgia Institute of Technology in Atlanta has completed installation of Recharge Solutions' electric vehicle charging stations at its campus as part of a pilot project.

6 December 2011

Exelon, Constellation strengthen merger case

Baltimore1_170SQ US utilities Exelon and Constellation Energy have filed a brief with the Maryland Public Service Commission increasing the companies' commitments related to their proposed merger, currently under review by the PSC.

6 December 2011

Vestas wins 168MW Australian turbine order

Danish wind energy company Vestas has received an order for 56 turbines from Australian power supplier Hydro Tasmania.

6 December 2011

Vattenfall pulls out of German CCS project

Chimney_170SQ Swedish energy company Vattenfall has abandoned plans for a €1.5bn carbon capture and storage demonstration plant in Janschwalde, east Germany, due to uncertainties with local law.

6 December 2011

Astenik Solar to produce German PV rack in Canada

Canadian photovoltaic material supplier Astenik Solar has formed a partnership with German company Contecta for North American production of its Diconal solar mounting system.

6 December 2011

Chinese signal intention to sign up to climate treaty

China-flag1_170SQ Xie Zhenhua, head of the Chinese delegation at the United Nations Climate Change conference in Durban, has said that Beijing was prepared to agree to some form of legally biding emissions target.

5 December 2011

Gamesa rejects Dundee for new UK wind turbine plant

Spanish wind turbine giant Gamesa has reportedly cut Dundee off its shortlist of where to located its new manufacturing facility.

5 December 2011

Energy management company Culculus appoints two new board members

German smart metering and energy management company Culculus has appointed Gottfried Neuhaus and Pieter Trienekens to its supervisory board, joining chairman Albert Fischer.

5 December 2011

IEA says vehicle emissions not falling fast enoughp

The International Energy Agency has said more needs to be done in order to halve carbon dioxide emissions from new cars by 2030, a goal set by the Green Fuel Economy Initiative.

5 December 2011

Carmanah wins Ontario PV from PowerStream

Canadian energy company PowerStream has contracted cleantech developer the Carmanah Technologies Corporation to construct a 350kW photovoltaic array, in a deal worth C$2m.

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