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8 February 2012

Smaller renewables projects have higher IRR potential in Europe, says investorp

Utility-scale commercial renewable projects are providing lower internal rates of return than smaller developments, according to one European cleantech investor.

8 February 2012

Taskforce makes recommendations to streamline Scottish offshore renewables

A taskforce comprising of Marine Scotland, The Crown Estate, environmental regulators and renewable energy developers has published a blueprint to streamline the construction of offshore generation systems.

8 February 2012

European PV will survive on quality, says SolarWorldp

solarworld_170_170 European photovoltaic manufacturing can survive in the face of competition from Asia because of its higher technical quality, according to the vice president of SolarWorld.

8 February 2012

UK’s DECC creates energy efficiency office

Ed_Davey_copyrightLibDems_170_1701 Newly-appointed UK Energy Minister Edward Davey has created a new team within the Department of Energy and Climate Change dedicated to energy efficiency.

8 February 2012

Fund launches to bridge gap between cleantech innovators and energy industryp

smartgridnetwork_170_170 A new fund launched in the UK aims to offer both investment and access to the industry for cleantech innovators.

8 February 2012

Vestas 2011 revenue falls short of expectations, CFO quits

vestas1_170_170 Danish wind energy company Vestas recorded revenue of €5.8bn in 2011, significantly below the original forecast of €7bn and less than preliminary figures released in January, causing CFO and deputy CEO Henrik Nørremark to resign.

7 February 2012

SolarWorld close to acquisition of Solarparc

German company SolarWorld has now purchased 95 per cent of shares in Solarparc and will look to integrate the company into the SolarWorld group.

7 February 2012

Eco Environments opens new PV training centre in Liverpool

UK cleantech company Eco Environments has partnered with Hugh Baird College in Liverpool to open a renewable energy training facility.

7 February 2012

Greg Barker outlines upcoming energy bill at NewNet eventp

GregBarker_170SQ A UK energy bill to be introduced later this year will monetise energy efficiency in the same way the feed-in tariff supports renewable generation, it was revealed by Minister for Energy and Climate Change Greg Barker at a NewNet event.

7 February 2012

Ming Yang wins 125MW wind energy Bulgarian EPC contract

Chinese wind energy company Ming Yang has won an engineering, procurement and construction contract with W. Power and A1 Development to build a 125MW wind farm in Bulgaria.

7 February 2012

ESG issues feature strongly as investors seek to manage riskp

Assessment of environmental, social and governance issues are increasingly becoming an integral part of due diligence, as investors look to mitigate risk across a range of areas.

7 February 2012

UK emissions up 3% in 2010, according to DECC

chimney_170SQ New statistics have revealed that UK greenhouse gas emissions covered by the Kyoto protocol were estimated to be 590.4 million tonnes of carbon dioxide equivalent in 2010, 3.1 per cent higher than 2009 when the figure was 572.5 million tonnes.

7 February 2012

Environmental responsibility climbs up private equity agendasp

While private equity reporting on environment, social and governance issues within investment portfolios is improving, reporting on this area still has some way to go before it can truly be said to influence investment decisions.

6 February 2012

European PV producers must specialise to survive: expertp

European photovoltaic manufacturers must specialise their offerings if they are to withstand competition from Asia, according to an expert at one German solar producer.

6 February 2012

UK politicians call for end to onshore wind subsidies

windmill_170_170 More than 100 Conservative MPs in the UK have written to the Prime Minister demanding a cut to the level of subsidy the country’s onshore wind industry receives.

6 February 2012

Spain hints at move towards renewable energy auction systemp

Spain’s future renewable energy installations may be decided via an auction process going forward after the government recently decided to put a temporary halt to feed-in tariff support.

6 February 2012

UK co-op to build hydropower system

A community-cooperative in Yorkshire, North East England, has awarded a JN Bentley a £450,000 contract to build a hydroelectric system on the River Esk.

6 February 2012

Green Building Group purchases Slovenia’s Lumar

Austrian organisation the Green Building Group has acquired a majority stake in Slovenian prefabricated house manufacturer Lumar.

6 February 2012

Record European renewables capacity brought online in 2011

globe_Europe_170_170 Over the course of 2011, 71 per cent of all new power generating capacity brought online in the European Union came from renewable sources.

3 February 2012

Stock round-up: Spanish cleantech strong despite FIT newsp

The decision at the start of the week by the Spanish government to put a temporary freeze on feed-in tariff support for renewable energy facilities is an obvious concern for any company developing cleantech systems in the country.

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