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Archive for February, 2012

29 February 2012

Caribbean nations call for additional climate change fundsp

a_money170_170 Eastern Caribbean nations have called for additional funds to support efforts to tackle the effects of climate change.

29 February 2012

Solar to meet 14% of US energy supply by 2020 if costs fallp

solar-stock-2_170_1701 The SunShot initiative in the US aims to reduce the cost of solar by 75 per cent, and a new study has found that if this is met photovoltaics could meet 14 per cent of US electricity needs by 2030.

29 February 2012

Silver Lake, Valor lead SolarCity’s $81m fundraise

solarsunshine_170_1701 US company SolarCity has raised $81m through equity financing to support its expansion strategy and potential acquisitions.

29 February 2012

Europe should forget renewables, focus on efficiency: investorp

European companies need to move away from renewable energy and focus on energy efficiency and resource management, according to one prominent investor.

29 February 2012

Entrepreneur promotes co-operative approach to renewable energyp

A cooperative approach to renewable energy will allow the economic benefits of projects to be shared with the communities they affect, one UK entrepreneur looking to build a business based on this idea.

29 February 2012

Community renewables fund launches in UKp

Solar-panels-stock_170SQ A UK fund aimed at promoting community renewable energy generation deployment is now open for applications.

29 February 2012

Chinese industrial efficiency is ‘huge opportunity’p

Shanghai1_170_170 Industrial energy efficiency represents a huge opportunity for international investors, if they can gain access to the country.

29 February 2012

Motiv wins grant to demonstrate EV chassis for trucks

US electric vehicle powertrain developer Motiv Power Systems has been awarded $1.6m by the California Energy Commission for a pilot assembly line run of four electric truck chassis.

29 February 2012

Skyline, WGL to install solar water heating on Maryland public housing

US companies Skyline Innovations and WGL Holdings are set to finance and install solar water heating systems across 11 public housing buildings in Annapolis, Maryland.

29 February 2012

National Grid installs 30 Coulomb EV charge points in Massachusetts

The US division of the National Grid has installed 30 electric vehicle charging stations throughout Massachusetts.

29 February 2012

EDF to acquire assets, staff of bankrupt solar company Photowatt

The Commercial Court of Vienne in France has authorised EDF Energies Nouvelles Reparties to purchase the assets of bankrupt solar company Photowatt International.

29 February 2012

Sustainable Development Capital to leverage First Eastern JV to grow Asia presencep

asiaglobe_170_170 Investment firm Sustainable Development Capital told NewNet that the recently formed joint venture with Hong Kong-based investor First Eastern will boost its activities in Asia, as it plans to raise $500m to invest in the cleantech space.

29 February 2012

First Solar records $39m loss for 2011

US photovoltaic company First Solar has recorded a $39m net loss for 2011, a significant turnaround from the $664m profit the company achieved in 2010.

29 February 2012

Borrego Solar completes 3.4MW PV array for US military

US company Borrego Solar Systems has completed the installation of photovoltaic arrays with a combined capacity of 3.4MW at the Edwards Air Force Base in southern California.

29 February 2012

ICF International wins $11.5m efficiency contract extension

US service and technology company ICF International has been awarded an energy efficiency contract extension by Southern Maryland Electric in a deal worth $11.5m.

29 February 2012

Recycling JV aims to bring international investment to the USp

A joint venture has been formed to by two Californian companies to own and develop recycling plants across the US.

29 February 2012

Intelligent Energy raises £22m, values company at £314m

investing_170_170 UK-headquartered cleantech product developer Intelligent Energy has raised £22m from new and existing shareholders.

29 February 2012

Green technology company sells shares to launch micro CHP businessp

A green technology company will carry out a share sale as it looks to raise funds to develop its micro combined heat and power technology.

29 February 2012

US company Omni Water Solutions raises $7.9m

waste water_170SQ US water treatment company Omni Water Solutions has raised $7.9m through a Series A funding round.

29 February 2012

DNV, Kema merger gets approval

DNV-KEMA_170SQ Regulatory approval has been granted for a merger between risk management company DNV and energy consultancy Kema.

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