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23 August 2010

China to unveil electric vehicle standards

The Chinese government will implement three standards to regulate electric vehicle charging stations this October and is set to develop a further five, the State Electricity Regulatory Commission said.

23 August 2010

Benefits of NextEra Energy’s Genesis solar project outweigh environmental impact

The California Energy Commission siting committee has recommended the approval of NextEra Energy Resource’s planned Genesis solar energy project in Riverside County.

23 August 2010

US injects $15m into geothermal heat recovery innovation

The US Department of Energy’s (DOE) Geothermal Technologies Program has launched a $15m research and development funding opportunity for companies to innovate geothermal heat recovery methods.

20 August 2010

Pure Technologies buys Emerald-backed Pressure Pipe Inspection Company

Wastewater-focused Pressure Pipe Inspection Company (PPIC), which is backed by cleantech investor Emerald Technology Ventures, has been sold to Pure Technologies for up to CAN$34.9m ($33.26m) in cash and common stock.

20 August 2010

China Longyuan Power Group’s wind power sales overtake coal

Electricity provider China Longyuan Power Group’s sales of electricity from wind power hit more than RMB2.1m ($309,000) during the half, which exceeded the RMB1.8m ($265,000) it gained from sales of coal.

20 August 2010

Thin-film company AU Optronics forms new joint venture

Thin-film product provider AU Optronics (AUO), which formed a solar business last year, announced that it will establish a $10m joint television panel module manufacturing venture with Wistron to broaden its customer base.

20 August 2010

Quarterly sales balloon at renewable energy developer Premier Power

As a result of a rebounding US solar market and strengthened European operations, US renewable energy developer Premier Power generated sales far higher than those for the previous quarter and last year’s second quarter.

20 August 2010

Universal Solar Technology seals shipment to Chinese solar company Sinodeu New Energy

Solar module developer Universal Solar Technology has closed a $183,500 deal to produce and ship 120,000 solar wafers to China-based solar company Sinodeu New Energy.

20 August 2010

Horizon Power opens Australia’s first hybrid solar diesel power plant

Horizon power has completed and opened Australia’s first hybrid solar diesel power station, showcasing the potential for decentralised renewable energy with intermittency managed by a residual fossil based power source.

20 August 2010

Renesola to supply two major Taiwan-listed companies

Global solar wafer and module equipment manufacturer ReneSola has signed agreements with two big Taiwan-listed solar companies to supply 836MW of monocrystalline and multicrystalline solar wafers.

20 August 2010

Imperial College spin-out Duvas Technologies raises additional capital

Duvas Technologies, a technology provider of air pollutant monitors spun out of Imperial College in the UK, has raised £915,000 of additional equity and loan capital from existing and new shareholders.

20 August 2010

ABB opens wind factory in India

Swiss-based power and automation technology group ABB, has opened a wind part manufacturing facility in Vadodara, India.

20 August 2010

enXco invests in Solaria, cements supply agreement

EDF Energies Nouvelles’ renewable energy development subsidiary enXco has made a small equity investment in Solaria and will buy its solar modules under a new five-year global supply agreement.

20 August 2010

Barclays forecasts growth of solar stocks

Barclays raised its outlook for solar stocks this week, estimating that solar demand for 2011 will be 16GW, notably higher than the current industry consensus of 13.7GW.

20 August 2010

Solar product wholesaler China Electronic raises $5.2m soon after going public

China Electronic Holdings has raised a series of equity offerings totalling $5.25m in an oversubscribed round just weeks after going public in a share exchange with Buyonate in July.

20 August 2010

Canadian Solar slashes past revenue and income figures following investigations

Canadian Solar has been forced to revise its fourth quarter of 2009 figures, reducing its net revenue and income after a federal investigation raised question marks over certain deals it recorded during the period.

20 August 2010

Japan to launch energy efficiency stimulus package

Japan will make subsidies available to clean energy and energy efficiency products in order to boost the nation’s economy, according to local media.

20 August 2010

French government launches €1.35bn renewable energy investment scheme

The French government has agreed to invest €1.35bn in a renewable energy and green chemistry demonstration programme.

20 August 2010

SWAIN launches UK cleantech co-investment fund

Next month will see the launch of the South West Cleantech Co-investment Fund, which will provide a co-investment of between £50,000 and £100,000 to cleantech businesses based in the UK’s south-west region.

20 August 2010

Duke Energy Carolinas abandons small-scale in favour of large offshore wind development in US

Duke Energy Carolinas has abandoned its plan to place up to three demonstration wind turbines in the largest lagoon in North Carolina, US under a contract signed last year with the local university, in order to focus on large-scale wind development on the state’s ocean coast.

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