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7 May 2013

Canada loses WTO renewable energy appeal

Canada has lost a World Trade Organization appeal over incentives offered to local renewable energy companies in the province of Ontario.

7 May 2013

Suzlon to sell off assets in attempt to raise $400mp

Embattled Indian solar group Suzlon will look to sell off 15 non-core assets to raise $400m in an on-going effort to cut its debt.

7 May 2013

EIB lends Nepal €55m for hydropower plant

The European Investment Bank has loaned €55m to the Federal Democratic Republic of Nepal to finance the construction and operation of the Tanahu Hydropower plant.

7 May 2013

Residential solar specialist Main Street reveals details of $5m equity roundp

North American solar developer Main Street Power Company has secured additional commitments towards a $5m equity round it began raising last April.

7 May 2013

Gamesa offloads 70MW of Mexican wind to Iberdrola

Spanish turbine manufacturer Gamesa has sold a 70MW development in Mexico to utility Iberdrola.

7 May 2013

Samsung gets go-ahead for Scottish 7MW offshore wind test site

Scotland has approved a proposal by South Korean conglomerate Samsung to build a 7MW offshore wind test site at the Fife Energy Park in Methil.

7 May 2013

Mandarin Capital expands to Germany, fundraising ongoingp

Environmental investor Mandarin Capital has hired German buyout industry veteran Markus Solibieda to head its new office in the country as it looks to expand out its existing Chinese and Italian operations.

7 May 2013

Creandum eyes cleanweb deals with €135m Nordic fundp

Nordic venture capital firm and Spotify-backer Creandum has closed its third fund on €135m, making it one of the biggest venture funds in the region today, and told NewNet that it will focus on technology investments with a green edge.

7 May 2013

MaRS Cleantech Fund backs energy storage innovator Hydrostor

Canadian venture firm MaRS Cleantech Fund has invested in energy storage innovator Hydrostor, which converts surplus electrical energy to underwater compressed air and stores it for use at peak times.

7 May 2013

Abengoa in $110m waste-to-energy deal in Arizona

Chicago, Illinois-based renewable energy group Vieste Energy has selected Abengoa to build a $110m waste-to-energy plant in Arizona.

7 May 2013

Kuwait pledges $215m to Jordan’s wind, LNG ambitions

A Kuwaiti development fund has awarded grants of $215m to Jordan for it to develop wind and liquefied natural gas projects.

7 May 2013

PTC pushes GE’s wind orders to 1GW

General Electric said its wind business saw orders of 1GW following the ruling of the production tax credit at the start of the year.

7 May 2013

CLSA takes stake in Indian agri group Camson Bio Technologies

Asia-focused private equity firm CLSA Capital Partners has agreed to invest INR539m ($10m) in Indian agricultural technology company Camson Bio Technologies.

7 May 2013

Sinopec aims for $2.2bn listing of engineering unitp

Chinese banks. Copyright © 2013 NewNet   Sinopec Engineering, the construction arm of the Asian oil giant, will aim to raise $2.24bn in an initial public offering in Hong Kong, in what could be the largest share offering so far in 2013.

7 May 2013

First Solar to focus on replenishing pipeline

First Solar’s sunny outlook saw the company predict a better second half to the year as it looks to acquire new solar plants and fill up its project pipeline.

7 May 2013

AWEA: Avoid boom-and-bust with stable US policy

Gabriel Alonso, chair of the American Wind Energy Assocation said the US wind market must not fall into a ‘boom and bust’ industry brought about by uncertain policy regimes.

7 May 2013

Home solar specialist Pure Energies Group nabs $6m venture backing

Canadian solar company Pure Energies Group has closed $6m in equity financing from venture investors NGEN and NEA.

7 May 2013

Scotland signs marine energy MoU with South Korea

Scotland has signed an agreement with South Korea to increase trade links between the two countries for the tidal energy market.

7 May 2013

Denham invests $75m in 1GW of Australian wind power

Energy-focused private equity firm Denham Capital has invested $75m in a 1GW portfolio of Australian wind power projects currently under development.

7 May 2013

Russian cleantech investor Bright Capital nears $200m close for duo of fundsp

Cleantech-focused Russian venture capital firm Bright Capital is on the verge of closing $200m for its two funds.

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