Europe
16 May 2012
UK bioenergy company TMO Renewbles has appointed David Weaver as its new CEO.
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16 May 2012
German clean energy investor Wattner has purchased a 3.9MW solar plant in Germany for €7.9m.
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16 May 2012
UK environmental infrastructure investor Impax Asset Management has recorded a first half revenue of £9.2m, slightly down on the £9.9m achieved in the same period last year.
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16 May 2012
European private equity firm HgCapital and its portfolio company RidgeWind have reached the financial close of its 20.5MW Wandylaw wind project in Northumberland, England with Royal Bank of Scotland providing a £36m project financing loan.
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16 May 2012
A failure of the UK government to push forward low carbon growth is undermining the potential for green exports by the country’s technology companies.
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16 May 2012
After a rocky year, Hamberg, Germany-based Conergy has reported a 21 per cent gross profit margin in the first quarter of 2012, as well seeing a positive net cash flow of €5m for the first time since its IPO in 2005.
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15 May 2012
Chinese photovoltaic manufacturer Suntech has been contracted to supply 120MW of panels to Krannich Solar throughout 2012.
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15 May 2012
UK-based Active Energy Group has reported a £2.5m net loss for the 2011 financial year after writing off goodwill of £700,000.
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15 May 2012
Ener-G managing director Derek Duffill told NewNet he will use the company’s recent expansion in Romania to further strengthen its grounding in Eastern Europe.
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15 May 2012
UK clean energy developer Banks Renewables has unveiled a £4.7m community package for residents in South Lanarkshire, Scotland, which would be derived from the 76MW Middle Muir wind farm.
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15 May 2012
A Finnish wave energy specialist has begun fundraising towards its Series B round with two prominent venture firms already committing capital.
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15 May 2012
The latest round of United Nations climate talks in Bonn, Germany, have commenced with acknowledgement that pledges made at the 2011 event in Durban did not go far enough.
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15 May 2012
UK Green Party leader Caroline Lucas has announced that she will not be seeking re-election in September, saying ‘it’s time to make space’ for other candidates.
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15 May 2012
German wind turbine manufacturer Nordex has made a €14m first quarter loss, compared to a €1.8m loss in the same period last year.
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15 May 2012
Swedish green telecoms business Flexenclosure has strengthened its management team with several new appointments.
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15 May 2012
French utility EDF joined forces with Idinvest Partners to launch Electranova Capital, an investment fund for energy start-ups specialising in environmentally-friendly technologies. It told NewNet it hopes to reach up to €90m before the end of the year.
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15 May 2012
Upsolar has completed installation of two photovoltaic rooftop arrays for schools in the Italian town of Sestri Levante, around 20 miles south-east of Genoa.
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15 May 2012
Tumbling prices and write-downs have impacted revenue at Germany-based Phoenix Solar.
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15 May 2012
German solar company Sovello has filed for insolvency and is now looking to restructure in order to survive.
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14 May 2012
UK Business Minister Mark Prisk is expected to announce that the Green Construction Board has secured £1m to boost its operations.
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