New Energy World Network: Connecting Investors, Innovators & Deal-Makers worldwide
New Energy World Network: Connecting Investors, Innovators & Deal-Makers worldwide
23 May 2012
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US Energy storage company talks of future funding plans - 23 May 2012
Application developer for the solar industry outlines future financial plans - 23 May 2012
US biofuel developer seeks $2m in investment - 22 May 2012
Australian government opens door for green business with A$10bn fund - 23 May 2012
UK boosts funding for commercial marine developments - 23 May 2012
Environmental energy prize fund tops $4m in Middle East - 23 May 2012
US Energy storage company talks of future funding plans - 23 May 2012Application developer for the solar industry outlines future financial plans - 23 May 2012US biofuel developer seeks $2m in investment - 22 May 2012Advanced materials developer announces possible fundraising opportunity - 22 May 2012Smart home system developer plans £2m fundraise - 21 May 2012
Italian wind developer to raise between €4m and €5m - 21 May 2012 Australian government opens door for green business with A$10bn fund - 23 May 2012
UK boosts funding for commercial marine developments - 23 May 2012
Environmental energy prize fund tops $4m in Middle East - 23 May 2012
India solar rooftop project up for sale - 23 May 2012
Brazilian bio unit of Louis Dreyfus Commodities files for IPO - 22 May 2012
Chinese solar company undertakes IPO, stocks hold steady - 22 May 2012
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The South African Department for Energy has awarded an additional 88MW photovoltaic (PV) project to US-based SolarReserve and South African companies The Kensani Group and Intikon Energy. 
Danish wind energy company Vestas has been contracted to supply turbines with a combined capacity of 297MW, for five projects in South Africa. 
Spanish renewable energy developer Acciona has won, alongside partner Aveng, a deal to own and operate a 135MW wind park and a 74MW photovoltaic solar plant in South Africa as part of its latest renewable energy tender. 
Africa played host to the pick of this week’s deals against a backdrop of a heightened level of attention being placed on to the renewable energy sector. 
South African businesses need to start paying attention to the potential of green growth or fall victim to a ‘negative bottom line impact’, experts warned this week. 
AlphaMundi, a Swiss investment firm, told NewNet it is targeting $25m for the first close of its latest impact investment fund, which will finance renewable energy projects in Africa and Latin America. 
The first meeting of the Green Climate Fund board has been postponed, pending finalisation of the process for nominations from countries to the membership of the board, the United Nations Framework Convention on Climate Change has said. 
African Development Bank (ADB) has approved $436m worth of financing for a power project in Morocco and two other investments in Africa. 
Rich countries must do more in providing equity finance and technology to the developing world, it has been stated at the UNFCCC conference in Bonn. 
Africa Finance Corporation, a hybrid investment bank and multilateral development financial institution, has revealed it is looking to invest in a number of energy projects across the continent. 
A bilateral agreement is set to create a $200m pool to support the deployment of carbon capture and storage technology in emerging markets. 
The African Development Bank and Kenya’s state-owned Geothermal Development Company have launched the Menengai geothermal project. 
Ariya Capital, a private equity firm that has bases in both the UK and Botswana, has teamed with project developer Element Power Solar to identify renewable energy opportunities across Africa. 
Kenya’s principal state-run geothermal developer hopes to secure $750m in order to drill a 3GW installation in 2013. 
India-based wind turbine manufacturer Suzlon has been contracted to supply 138MW of turbines by Cennergi, for a project in South Africa. 
US energy technology company Echelon has deployed two smart micro-grids in India and South Africa. 
Global cleantech company Camco International and Tanzania-based solar business Rex Investment have won a $4.7m contract to distribute and install solar systems in the Kigoma region of Tanzania. 
