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3 May 2011

Offshore wind company SeaEnergy to sell subsidiary to energy consortium

AIM-listed offshore wind energy company SeaEnergy has reached agreement with a consortium of major European energy companies to grant a period of exclusivity to negotiate the sale of the company’s 80.13 per cent interest in its subsidiary SeaEnergy Renewables.

3 May 2011

Silfab, Agris to benefit from Ontario FIT under solar deal

Solar module manufacturer Silfab has signed a deal with Agris Solar to provide equipment for its portfolio of installations totalling 9.3MW, which will benefit from Canada’s feed-in tariff scheme.

3 May 2011

Military use of electric vehicles to rocket over next ten years

Military, security and police vehicles will constitute 15 per cent of the total electric vehicle market by 2021, according to new figures released today.

3 May 2011

Xodus Group continues expansion with renewables acquisition

UK engineering consultancy Xodus Group has bolstered its renewables credentials by acquiring specialist consultancy James Ingram & Associates.

3 May 2011

Scottish Power CEO to lead KPMG energy advisory board

Former CEO of Scottish Power, Nick Horler, has been appointed by advisory group KPMG to lead its Energy & Natural Resources (ENR) advisory board.

3 May 2011

Germany’s first offshore wind farm blows into the Baltics

Germany’s first commercial offshore wind farm is now operating in the Baltic Sea and expected to make a major contribution to the country’s power supply in the coming months.

3 May 2011

Green Climate Fund committee convenes to chalk implementation

The transitional committee tasked with designing the global Green Climate Fund agreed to by governments at the last major United Nations (UN) has convened for the first time, the UN has revealed.

3 May 2011

I2BF invests £1m in fuel cell developer Acal Energy

International clean technology asset management group I2BF has made a £1m investment in Acal Energy, which develops fuel cell power modules for grid power, telecoms and automotive power train applications.

3 May 2011

The Founders Club moves to the US, opens up cleantech portfolio

The Founders Club, a unique venture capital equity exchange fund, has opened a new office in the heart of the Silicon Valley, which is expected to foster the group’s US members and broaden its geographical network.

3 May 2011

UK solar company Enecsys closes Europe’s largest cleantech venture round in 2011

Enecys, a supplier of solar micro inverter systems for residential and commercial applications, has secured a further £25m in equity financing in the largest private equity raise across Europe this year.

28 April 2011

ReneSola improves Q1 profit margin

China-based solar product manufacturer ReneSola generated $328.2m in the first quarter of 2011 with a strong gross profit margin of over 30 per cent.

28 April 2011

SeaRoc expands renewable energy team

Marine and engineering group SeaRoc has expanded its renewable energy team with four new appointments.

28 April 2011

UK should ‘seize green growth’

Renewable energy and green campaigners have issued a statement urging the UK government to invest more money in solar power.

28 April 2011

Mitsubishi, Genomatica partner on renewable fuel development

Mitsubishi Chemical has struck a partnership agreement with sustainable chemicals company Genomatica that will see them collaborate in multiple areas.

28 April 2011

Fluor signs OMM for Greater Gabbard cabling work

EPC contractor Fluor has formed an agreement with marine solution provider Offshore Marine Management for it to provide cabling services to the Greater Gabbard offshore wind farm, NewNet has learnt.

28 April 2011

Avantium spins out pharma business to focus on recyclable materials

Dutch green building materials company Avantium has spun out its pharmaceutical service and development business, leaving it ready to pilot its green materials and fuels.

28 April 2011

Ofgem selects shortlist for UK offshore wind transmission links

UK energy regulator Ofgem has shortlisted four bidders who will compete to own and run transmission links to a further three offshore wind farms.

28 April 2011

Contact Energy looks to raise NZ$350m in share offer

New Zealand’s largest geothermal power company Contact Energy plans to raise about NZ$350m ($280m) from a one-for-nine share sale that will enable it to pursue growth opportunities.

28 April 2011

Algeria signs deal to build largest solar plant in Africa

Algeria has pledged its intention to boost its renewable energy activities through contracting centrotherm photovoltaics and Kinetics Germany to build the largest solar factory in Africa.

28 April 2011

Dow Chemical Company infrastructure revenues rise on solar shingle investment

Dow Chemical Company has attributed its rising revenues in its coatings and infrastructure division to ongoing investment in its Dow Powerhouse solar shingle.

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