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16 August 2010

Canadian Power Authority cuts FIT solar payments

The Canadian province of Ontario announced it will reduce payments for energy generated by small solar installations under its clean energy incentive initiative, according to reports.

16 August 2010

REpower’s performance declines but backlog leaves board optimistic

Germany-based wind turbine manufacturer REpower’s sales were down to €213.1m for the first quarter of fiscal 2011 largely due to clients postponing projects, marking a drop from €300.7m a year ago.

16 August 2010

Biofuel technology developer Gevo signals intention to go public

Advanced biofuels company Gevo has signalled its intention to hold an initial public offering in order to progress its aim of commercialising bio-based alternatives to petroleum products.

16 August 2010

Western Technology Investment’s cleantech fund exceeds expectations, raises $294m

Western Technology Investment’s (WTI) cleantech, healthcare and technology fund raised $294m from existing and new private equity investors in an oversubscribed round.

13 August 2010

World’s largest concentrated solar project at Blythe reaches permitting milestone

The California Energy Commission (CEC) has issued a license to Solar Millennium for it to build and operate the Blythe solar project in the Riverside County region of California, US, which is slated to become the largest concentrated solar power plant in the world.

13 August 2010

City of Houston agrees to ECOtality electric vehicle roll-out

Clean energy storage company ECOtality will instigate an electric vehicle programme in the city of Houston in collaboration with the Clinton Climate Initiative, a hangover of Bill Clinton’s presidency, after forming an agreement with the city’s council.

13 August 2010

Former Biotricity CEO Tyson Rohde becomes GoSolarUSA chief

GoSolarUSA has appointed former CEO and director of Biotricity Tyson Rohde as its new president and CEO.

13 August 2010

Desal America locates water treatment facility in California

Water treatment technology developer Desal America will locate facilities for the manufacture and assembly of its containerised water treatment system at the Moss Landing Green Business Park in California, US, the company’s CEO Stan Lueck said.

13 August 2010

NRG Energy says combined cycle plant acquisition will ‘firm’ its renewables

NRG Energy has signed an agreement with an affiliate of the Blackstone Group to acquire 3.88GW of Dynegy’s assets in California and Maine for $1.36bn by the end of the year.

13 August 2010

Endicott Biofuel hires former Northern Natural Gas CFO Roderick Hayslett

The former CFO of Galveston Bay Biodiesel and Northern Natural Gas, Roderick Hayslett, has taken up the same position at Endicott Biofuel, bringing 32 years of financial expertise to the company.

13 August 2010

Solar company Energy Conversion Devices shifts US manufacturing to Mexico to cut costs

Energy Conversion Devices (ECD), a manufacturer of thin-film flexible solar laminate products, has shifted part of its US manufacturing base to Mexico in order to cut costs.

13 August 2010

Bioenergy’s purchase of Corsan Ethanol expertise shows another oil major engaging in biofuel

Bioenergy, a subsidiary of Columbia’s state-owned oil company EcoPetrol, has signed a $140m agreement with Isolux Corsan to build an ethanol production plant in Columbia.

13 August 2010

EPA proposes rules to ensure greenhouse gas emitters seek air permits

The US Environmental Protection Agency has proposed two rules that will qualify the implementation of the Clean Air Act permitting legislation across different states, forcing them to review their air permitting programmes to account for greenhouse gases.

13 August 2010

Ram Power negotiates debt financing for San Jacinto geothermal project after quarterly production costs balloon

Geothermal project developer Ram Power slipped further into loss in the second quarter with its net loss spiking at $6.45m in the face of rising costs for energy production that were more than twenty times higher than those recorded for the same period last year.

13 August 2010

Air quality organisation pumps $5m into San Francisco Bay Area electric vehicle infrastructure

San Francisco’s Bay Area Air Quality Management District will provide $5m to support the development of its regional electric vehicle charging infrastructure programme in the US state’s Bay Area.

13 August 2010

Tanfield consolidates UK and US electric vehicle businesses

The board of electric vehicle company Tanfield has signed a non-binding agreement to consolidate its UK and US electric vehicle businesses, SEV UK and SEVUS.

13 August 2010

Biomass producer PetroAlgae files for IPO

Biomass producer PetroAlgae has filed a registration statement with the Securities and Exchange Commission for its proposed initial public offering.

12 August 2010

Chrysler soon to name alternative battery supplier as A123 Systems loses out

A new battery supplier for Chrysler Group’s electric vehicle programme will soon be named to replace US giant A123 Systems, which was outbided by a competitor, according to reports.

12 August 2010

Ameresco’s improves revenues, driven by renewable energy projects

Energy efficiency company Ameresco achieved revenues of $7.7m for the second quarter, representing a 48 per cent increase from the equivalent period of 2009.

12 August 2010

Ford, Detroit Edison and Xtreme Power to deliver $5.8m solar and electric vehicle charging projects in Michigan

Automaker Ford, electric utility Detroit Edison and renewable energy project developer Xtreme Power have collaborated to establish one of Michigan's largest solar power generation systems and electric vehicle charging stations at Ford's Michigan Assembly Plant in Wayne.

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