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Archive for January, 2012

18 January 2012

UK launches hydrogen car study

Image source: Hydrogen cars will be the focus of a new government initiative in the UK that will aim to make them commercially viable by 2015.

17 January 2012

Chevron completes solar array for California schools

US cleantech company Chevron Energy Solutions has completed installation of photovoltaic arrays on nine schools in Huntington Beach, California.

17 January 2012

Tidal array results in ‘no environmental harm’, says seminal studyp

A comprehensive environmental assessment of a tidal energy device has concluded that the underwater turbine does not have a negative impact on its surroundings.

17 January 2012

Renewable energy company to sell off solar subsidiaryp

solar-stock-2_170_1701 A renewable energy company is to sell off its solar subsidiary in a public auction.

17 January 2012

NewNet Investor Profile: Varun Sood, Capventp

capvent_sood.170sq As a private equity fund of funds focused on the global mid market, Capvent has found itself with a growing exposure to the clean energy space, as it emerges as a conspicuous sub-sector in the growth capital market.

17 January 2012

Offshore wind project still on hunt for buyers of powerp

offshorewind170SQ A much-hyped offshore wind project set to be built in the US is still in search of buyers for half of the power to be produced at the proposed installation.

17 January 2012

UK smart metering programme questioned by reviewp

A report by the UK's Public Accounts Committee has questioned the benefits of a programme that could see 53 million gas and electricity meters replaced in the UK over the next seven years.

17 January 2012

Iberdrola brings 102MW Mexico wind farm online

Spanish energy company Iberdrola has completed the installation of the 102MW La Venta wind farm in Mexico.

17 January 2012

Alstom, SSE sign deal for world’s largest wave farmp

AWS3_170_170 A joint venture formed between Alstom and SSE Renewables will develop the world's largest wave farm off the coast of Scotland, and NewNet has learnt that 2020 has been scheduled as the completion date of the 200MW installation.

17 January 2012

SG Biofuels completes $17m financing round

Crop development company SG Biofuels has completed a $17m Series B financing led by Thomas, McNerney & Partners with participation from Finistere Ventures.

17 January 2012

SPI Solar acquires development rights for Greek PV plant

US company SPI Solar has completed acquired the necessary contracts and permits to become lead developer of a 2MW photovoltaic plant to be located in Evros, north-east Greece.

17 January 2012

UK council issues tender to procure wind turbinesp

severnbridge_170_170 A UK council has issued a tender as it look to set up a wind power installation with applicants having until 10 February to apply.

17 January 2012

Masdar, Development Bank of Japan to invest in renewable projects

Abu Dhabi state clenatech business Masdar has announced plans to invest jointly with the Development Bank of Japan into solar and wind projects in developed countries.

17 January 2012

Suzlon signs MoU for 3GW of Indian wind farms

India-based wind company Suzlon has formed a memorandum of understanding with the government of Indian province Andhra Pradesh for the development of 3GW of wind farms.

17 January 2012

Innovator fund to bring off-grid solar to East Africap

A solar energy innovator has launched a sustainable energy fund aimed at providing affordable photovoltaic lighting to rural off-grid communities in East Africa.

17 January 2012

Four California military bases could produce 7GW of PV, according to study

The US Department of Defense could generate 7GW of solar electricity on just four bases in the California desert.

17 January 2012

Latin American fund to provide cash for renewablesp

The private sector operating in cleantech and renewable energy throughout Latin America is set to benefit from new capital being injected into a green fund.

17 January 2012

UK’s MOD orders wind farm-friendly radars

Wind-friendly-radar_170SQ The UK's Ministry of Defence has ordered two wind farm-friendly radars for bases on the coasts of Northumberland and Yorkshire, potentially unlocking 4GW of offshore generating capacity.

17 January 2012

Abound Solar completes India PV array

solar-stock-2_170_1701 US company Abound Solar and Solar Integration Systems India have completed the installation of a 1MW photovoltaic facility in Andhra Pradesh, south-east India.

17 January 2012

Petra, Enviromena to develop Africa and Middle East smart solar projects

US cleantech company Petra Solar has partnered with United Arab Emirates solar developer Enviromena Power Systems to develop smart grid and solar projects in the Middle East and Africa.

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