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14 December 2009

US solar company Acro Energy closes private placement

US solar company Acro Energy Technologies has received TSX Venture Exchange approval to close its CAN$0.185 ($0.174) non-brokered private placement, at over CAN$218,000 ($205,500).

11 December 2009

Iberdrola Renewables agrees to supply wind power output to M-S-R Public Power Agency

Iberdrola Renewables has executed another long-term power purchase agreement with M-S-R Public Power Agency for the entire output from its 50MW Big Horn 2 Wind Project about to go into construction near Bickleton, Washington.

11 December 2009

Solar giant Spire appoints chief accounting officer

NASDAQ-listed US-based global solar corporation Spire, which provides capital equipment to manufacture photovoltaic (PV) modules, turnkey manufacturing lines, and solar PV systems, has appointed Robert Lieberman as chief accounting officer in addition to his current role as corporate controller.

11 December 2009

Foster Wheeler and PetroAlgae partner for end-to-end biomass production

NASDAQ-listed construction and power equipment supplier Foster Wheeler's global engineering and construction group has signed an agreement with PetroAlgae for engineering services to be performed in conjunction with PetroAlgae's micro-crop biomass technology, which allows for the production of dry biomass at a very large scale.

11 December 2009

New Mexico leaders launch strategic initiative to develop sustainable biofuels industryp

New Mexico Governor Bill Richardson and the New Mexico congressional delegation have launched an initiative to develop a statewide strategic plan to make develop New Mexico's biofuels industry.

11 December 2009

Root River Energy secures 20,000 acres for US community wind project

National Wind's subsidiary, community wind developer Root River Energy, has secured over 20,000 acres of land in Mower and Fillmore Counties, Minnesota to develop community-owned wind energy.

11 December 2009

Sopogy launches 2MW solar thermal plant

Solar energy developer Sopogy has launched the world's first MicroCSP solar thermal plant at the Natural Energy Laboratory of Hawaii.

11 December 2009

Seambiotic and Chinese Power Company to build $10m Chinese microalgae farm

Biofuel developer Seambiotic, which produces marine microalgae, has signed a license agreement and joint venture agreement with Yantai Hairong Electricity Technology and Penglai Weiyuan Science & Trading to build a plant the commercial cultivation of microalgae. Both companies associated with power company China Guodian Corporation, to establish a Chinese joint venture for the commercial cultivation of microalgae.

10 December 2009

Constellation energy to develop 15MW Maryland solar project

Baltimore-based energy supplier Constellation Energy has been selected by the Maryland state government to develop a 15.9MW solar photovoltaic project.

10 December 2009

GE receives $1.4bn supply contract for world’s largest US wind farm

US energy giant GE has won a $1.4bn contract from independent power producer Caithness Energy to supply wind turbines and provide services for an 845MW wind farm project to be located in Oregon. When completed in 2012, the Shepherds Flat development will be larger than any other wind farm currently operational in the world.

10 December 2009

Red River clean coal project awarded $245m in DOE funding

ADA Carbon Solutions' wholly-owned subsidiary Red River Environmental Products has been offered a loan guarantee by US Department of Energy (DOE) under the Energy Policy Act of 2005. ADA Carbon Solutions is a joint venture backed by NASDAQ-listed clean coal developer ADA-ES and clean technology-focused private equity firm Energy Capital Partners.

10 December 2009

Wind power projects do not impact residential property, US DOE’s Berkeley Laboratory shows

A view of a wind energy facility does not demonstrably impact home sales prices though home sales prices are sensitive to the overall quality of the scenic vista from a property, a study by the Department of Energy's (DOE) Lawrence Berkeley National Laboratory has revealed.

10 December 2009

Abound Solar names Tom Tiller new CEO

Photovoltaic solar manufacturer Abound Solar (formerly AVA Solar) has appointed Thomas Tiller as CEO. Tiller comes to the company from Polaris Industries, where he served as CEO for nine years. The current interim CEO of Abound Solar, Doug Schatz, will assume the role of chairman of the board of directors. ‘In the last year, Abound[...]

10 December 2009

Oneworld Energy closes the first tranche of the acquisition of COU Capital shares

Solar developer Oneworld Energy has acquired over 95 per cent of the common shares of COU Capital, a Canadian based solar developer, in exchange for its own shares. This is the first tranche with the balance of the COU shares expected to be acquired by mid-December.

10 December 2009

Tatum appoints former cleantech CFO to lead its renewable energy consulting practice

US consulting firm Tatum has appointed Daniel Dwight to lead the firm's growth in the fields of clean technology and renewable energy. Dwight is to assume the roles of partner and cleantech and renewable energy segment leader with responsibility for managing the firm's cleantech and renewable energy consulting practice, while also providing strategic, operational and financial leadership experience to clients.

10 December 2009

Ocean Power Technologies’ second quarter results show net loss declines

NASDAQ-listed Ocean Power Technologies' financial results for the second quarter ended 31 October 2009 show its net loss has declined to $7.3m for the six months ended 31 October 2009 compared to a $10m net loss for the same period of 2008.

10 December 2009

GreenHunter Energy’s NYSE-listing compliance deadline extended

NYSE-listed renewable energy company GreenHunter Energy's revised plan to regain compliance with the exchange's listing criteria has been accepted by NYSE Amex, which has extended the company's listing deadline until 31 May 2010.

9 December 2009

Dynamotive Energy Systems reduces losses in third quarter

Biomass technology developer Dynamotive Energy Systems reduced losses in its third financial quarter, with increased sales of BioOil and cost cutting measures.

9 December 2009

11 Good Energy opens biofuel facility

11 Good Energy has opened a G2 Diesel plant in Magnolia, Ohio, with a capacity of 16.5 million gallons per year.

9 December 2009

Senior venture capitalists at The Founders Club launch first reverse venture capital fund

Fourteen senior venture capitalists have joined forces to establish The Founders Club, which has launched the Technology & Cleantech fund, the first reverse venture capital fund to enable CEOs and founders to use their shares and stock options to become limited partner investors.

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