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Archive for January, 2012

3 January 2012

Falling PV prices spur solar investment, says expertp

The dramatic fall in the cost of photovoltaic panels may have caused turmoil for solar manufacturers, but for developers and investors it is making the technology extremely attractive.

3 January 2012

SolarReserve appoints new VP of operations

US company SolarReserve has appointed Stephen Mullennix as senior vice president of operations where he will lead the company's efforts in asset management and corporate development.

3 January 2012

US wind tower makers add to complaint list against Chinese trade practicesp

china_us_170SQ China's fragile trade relationship with the US renewable energy sector has become even more perilous with a fresh trade complaint made by American utility-scale wind tower makers.

3 January 2012

US solar investor on the look-out for projects with PPAs

A US solar company has told NewNet that it is looking to acquire commercial and utility-scale solar projects that have power purchase agreements in place.

3 January 2012

US state plans to up renewable energy targetsp

arrow_up_170_170 A new initiative in a US state is set to increase the amount of energy derived from clean power sources, setting in place a wealth of opportunities for prospective developers.

3 January 2012

SPI Solar contracted to build New Jersey PV facility

US company SPI Solar has been contracted to design, engineer and construct an 11.3MW photovoltaic development in New Jersey by Seashore Solar Development.

3 January 2012

Investment group Chorus completes 2 Italian PV plants

German investment group Chorus has connected two photovoltaic plants with a combined capacity of 9.5MWp to the grid in Italy.

3 January 2012

US cooperative looks to sell surplus clean powerp

A US power cooperative is on the hunt for buyers of surplus renewable energy capacity as it predicts having unneeded power out to 2020.

3 January 2012

US firm raises $500m for 6th VC fundp

A US-based venture capital and growth equity firm has raised $500m for its sixth venture fund and is likely to continue its trend of supporting start-ups in the Boston area.

3 January 2012

Suzlon wins US order for 57 turbines

The US subsidiary of India-based wind turbine manufacturer Suzlon has won an order to supply 120MW of modules for an unnamed project in the west of the US.

3 January 2012

Nordex wins 42MW turbine order in Ireland

European wind energy company Nordex has been contracted to construct a 42.5MW wind farm in Tipperary, south-west Ireland, by state energy supplier Bord Gais.

3 January 2012

Hawaii reveals plans for 200MW renewable power projects

Hawaii is seeking at least 200MW of renewable energy projects for Oahu and will soon launch a formal request for proposals.

3 January 2012

BASF invests $30m into US biofuel supplier Renmatix

German chemical giant BASF's bioenergy subsidiary has invested $30m into Renmatix, a US company that provides cellulosic sugars for the renewable fuels and chemicals markets.

3 January 2012

BYD opens 36MWh Chinese energy storage facility

Chinese electric vehicle manufacturer BYD and the State Grid Corporation of China have completed construction of a utility-scale renewable energy and battery facility in Hebei province, east China.

3 January 2012

UK cleantech investment grows to £2.5bn

Research from the UK Department of Energy and Climate Change has revealed that so far this financial year companies have announced plans to invest almost £2.5bn in UK renewable energy projects, potentially creating 12,000 jobs.

3 January 2012

US renewables share increases over 2011p

US-flag_170_170 New figures show that for the first nine months of 2011 the share of power that renewable energy provided increased to 11.95 per cent, up from 10.85 per cent for the same period in 2010.

3 January 2012

LDK Solar reveals plans to purchase Sunways

Chinese photovoltaic company LDK Solar has formed an investment agreement to purchase 33 per cent of German PV specialist Sunways’ share capital for €2.2m.

3 January 2012

Vestas wins 31 wind turbine order from EDF

Danish wind energy company Vestas has received an order for 31 turbines from EDF Energies Nouvelles for two projects in Italy and Germany.

3 January 2012

Electric vehicles fail to grab market share in 2011

chevyvolt_170SQ Electric vehicles failed to grab much market share in 2011 with high prices still putting off the average consumer.

3 January 2012

NewNet Investor Profile: Eitan Yudilevich, BIRD Foundationp

As a bilateral investment programme between the US and Israel, the BIRD Foundation aims to account for the shortfall of private funding available for R&D and commercialisation of emerging technology companies.

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