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15 May 2012

SPI Solar makes Q1 net loss

US company SPI Solar made a $300,000 net loss in the first quarter, an improvement of the $1.9m loss made in the same period last year.

15 May 2012

Satcon wins 22.5MW inverter order for Caribbean PV plant

caribbean_170sq2 US company Satcon, a supplier of power conversion equipment to the renewable sector, has been contracted to supply 22.5MW of inverters to GCL Solar Energy.

15 May 2012

Solar companies Kaco New Energy and Ampt join forces

Solar company Kaco New Energy has joined forces with US-based Ampt to push forward the commercial sale of photovoltaic utility-scale inverters.

15 May 2012

Tumbling prices impact Phoenix Solar results

german_flag_170SQ Tumbling prices and write-downs have impacted revenue at Germany-based Phoenix Solar.

15 May 2012

Germany’s Sovello files for insolvency

German solar company Sovello has filed for insolvency and is now looking to restructure in order to survive.

15 May 2012

UK Treasury set to feel pinch from green cars

The UK Treasury is set to see a £13bn shortfall in motoring taxes at the end of the next decade due to a rise in the adoption of greener cars.

15 May 2012

Bio company Vertichem to purchase Thesis Chemistry

bioenergy_070312_1701 Green chemicals company Vertichem is to fully acquire Thesis Chemistry, which has basis both in the US and Canada.

14 May 2012

UK to give £1m operations boost to Green Construction Board

UK Business Minister Mark Prisk is expected to announce that the Green Construction Board has secured £1m to boost its operations.

14 May 2012

AES Wind secures £16m from ING

The wind division of the AES has secured finance worth £16m from ING for the construction of a 16.4MW wind farm in Northamptonshire, UK.

14 May 2012

Ontario overcomes VC reluctance to attract $27bn in renewables investmentp

An initial reluctance by the venture capital industry to invest in renewables has now been overcome, with investment flowing into Ontario’s green power activities, a member of the Ministry of Economic Development and Innovation told NewNet.

14 May 2012

Sauer takes over Helix Wind assets

Wind company Sauer Energy has fully acquired the assets of the Helix Wind, with the latter now being incorporated into Sauer’s business group.

14 May 2012

Hybrids pave the way for EV, but challenges remainp

The mass adoption of electric vehicles is a few years off but hybrid models are paving the way, according to one expert involved in developing the charging infrastructure necessary to usher in low carbon cars.

14 May 2012

Europe must seize moment to improve climate change in cities: EEAp

Europe must seize the opportunity of improving its quality of life while adapting to climate change, according to the European Environment Agency.

14 May 2012

UK’s Green Deal expected to succeed where FIT failedp

The Green Deal will provide the platform to create long-term employment in the UK, not the boom and bust of the photovoltaic feed-in tariff, according to one company looking to capitalise on the scheme.

14 May 2012

Dong Energy confirms Stadtwerke stake is up for grabsp

forsale_170 Danish utility Dong Energy has begun proceedings to sell off its stake in German power provider Stadtwerke Lübeck.

14 May 2012

Azerbaijan launches green power consultancy tenderp

renewable-energy-general_170_170 Azerbaijan has announced the launch of a tender as it seeks tie-ups with consultants that can help it enhance its use of alternative energies.

14 May 2012

India to auction off offshore wind blocksp

indiansun_180412_170 The Indian government is set to embark on an auction process that would see it award offshore wind development rights in a similar way it has previously done for the oil and gas sector.

14 May 2012

Nordex receives 5 wind orders from UK developer Infinis

nordex_150412_170 Germany-based Nordex has received five new wind contracts from UK customer and Terra Firma-backed developer Infinis.

14 May 2012

Ener-G expands Romanian operations

UK cleantech company Ener-G has expanded operations in Romania, bringing together two teams at a new office in Bucharest.

14 May 2012

Solar company Spire turns 2011 loss to Q1 profit

US solar company the Spire has recorded a first quarter net income of $3.4m, turning around last year’s loss of $1.5m.

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