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Archive for February, 2012

15 February 2012

Fluor to build alternative fuels plant in New Mexico for Joule

US project developer Fluor has been awarded an engineering, procurement and construction contract by Joule Unlimited to build a biofuel demonstration facility in New Mexico.

15 February 2012

Will smart grid be the foundation for the internet of energy?p

electronics_170_170 In a small English village a local health centre has placed its first patient on its network of smart electricity meters, highlighting the breadth of potential the smart grid space holds, writes sector specialist Memoori.

15 February 2012

Sentiment for cleantech investing is low, says expertp

A prominent private equity investor believes the sentiment for cleantech investing has been driven down by a number of macro factors, but conversely this can create opportunity for savvy financiers.

15 February 2012

Energy management innovator tado° gets VC backing

Munich-based venture capital firm Target Partners has invested in home climate control company tado°.

15 February 2012

Energy management company Orion fails to comply with NYSE rules

US energy management company Orion Energy Systems has received a notice from exchange NYSE Amex that it is not in compliance with its continued listing criteria.

15 February 2012

Major wind contract to be awarded by North African governmentp

A North African government has revealed that it will look to award a major wind power contract over the coming weeks, speaking opportunity for international turbine suppliers.

15 February 2012

Fred Olsen Windcarrier launches major new vessel

fredolsen_170_170 Offshore wind specialist Fred Olsen has launched a major new jack-up installation vessel, the Brave Tern.

15 February 2012

North American Development Bank to finance Mexican wind farm

The North American Development Bank and the Border Environmental Cooperation Commission have approved certification and finance for a 54MW wind farm in Tamaulipas, north-east Mexico.

15 February 2012

Brazilian fund to double to meet pensions demand for windp

A Brazilian investment company will double its renewable energy fund as it aims to meet pension fund demand for the wind sector.

15 February 2012

Nasdaq-listed solar developer files for bankruptcyp

A Nasdaq-listed solar systems specialist has filed for bankruptcy as falling prices in the US solar market claim yet another victim.

15 February 2012

Biogen secures investment for UK waste-to-energy plant expansion

UK waste-to-energy company Biogen has secured finance worth £750,000 from environmental investment specialist Iona Capital, for the expansion of a plant in Northamptonshire, central England.

14 February 2012

Solar installers set to offer new technologies in anticipation of UK’s Green Dealp

UK solar installers are looking to diversify their product offerings in expectation of the Green Deal and following changes to the feed-in tariff, according to one UK expert.

14 February 2012

Solar fund closes on $47m to finance project pipelinep

A solar energy fund has closed on $47m in the US and will now go on to provide financing to a number of projects.

14 February 2012

Cleantech venture capital casts focus on energy efficiencyp

Cleantech-focused venture capital investors are increasingly putting their money into energy efficiency and alternative process technologies, rather than renewable generation, a group of investors told NewNet.

14 February 2012

Private equity brings in networks, management to add value to cleantechp

Private equity firms are adding value to portfolio companies through the networks that they open to start-up companies and through the management teams they can attract, investors told NewNet.

14 February 2012

California’s RPS sees record renewables growth, but energy costs risep

goldengate_170_170 California’s renewable energy efforts over the course of 2011 resulted in the greatest increase in green power since the start of the programme, but the cost of contracted power under the Renewables Portfolio Standard has steadily risen since 2003, new figures show.

14 February 2012

Canada’s cleantech VC sector sees deal growthp

Canada’s clean technology sector received $245m of venture capital investment in 2011, up 43 per cent, from the previous year, new figures show.

14 February 2012

China Sunergy wins 50MW European supply deal

Photovoltaic manufacturer China Sunergy has been contracted to supply 50MW of solar panels to Austria’s Bull PowerTech for a series of projects in Europe.

14 February 2012

Obama makes $27.2bn budget request for DOE

US President Barack Obama has made a $27.2bn fiscal year 2013 budget request for the Department of Energy that forms part of his blueprint for the economy.

14 February 2012

Californian solar wafer facility goes up for salep

An asset valuation and advisory service has been brought in to arrange the sale of a Californian solar wafer fabrication facility.

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