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18 August 2010

China’s renewable energy giants look to IPO

The renewable energy divisions of China’s power giants Datang and China Huaneng Group look set to be floated this year raising up to $2bn, according to reports.

17 August 2010

Oerlikon Solar’s sales drop three quarters, plans to launch new systems

Oerlikon Solar expects to reduce its losses in the second half of the year but is not expected to return to or increase operating profitability, according to parent company Oerlikon Group, after the number of orders it received in the first half of the year fell 98 per cent.

17 August 2010

SeaGen device may secure financing under UK’s Marine Renewables Deployment Fund

Marine Current Turbines (MCT) said its SeaGen technology may be the first tidal power system to meet the power generation criteria for the UK government’s Marine Renewables Deployment Fund.

17 August 2010

Nexterra Systems secures multi-million dollar contract to install biomass combined heat and power system

Biomass gasification system supplier Nexterra Systems has signed a multi-million dollar agreement to supply and install a biomass combined heat and power system at the University of British Columbia’s (UBC) Vancouver campus. No further financial details were disclosed.

17 August 2010

FuelCell Energy sells first biogas plant under distribution agreement

Clean technology manufacturer FuelCell Energy has sold a 1.4MW biogas fuel cell power plant to G3 Power Systems, which will be installed at Olivera Egg Ranch in California, US.

17 August 2010

Tidal power developer Hammerfest Strøm issues £4m in turbine fabrication contracts

Norwegian tidal power developer Hammerfest Strøm has issued a round of contracts worth in the region of £4m for companies to construct the first of its advanced HS1000 tidal energy turbines in Scotland.

17 August 2010

Environmental investor Foresight Group expands sales team

Environmental investor Foresight Group has bolstered its sales team with the appointment of Mark Pearson as sales manager.

17 August 2010

Iberdrola Renovables partners with Neoenergia for Brazilian wind farms

Wind power major Iberdrola Renovables is to partner with Brazilian energy group Neoenergia to develop onshore and offshore wind farms in Brazil.

17 August 2010

Aquamarine Power explores demonstration wave project in Scotland

UK-based wave energy company Aquamarine Power is exploring the potential for installing a small demonstration wave power project off the west coast of Lewis in Scotland.

17 August 2010

Infinite Power Solutions raises $20m to expand capacity

US-based clean technology company Infinite Power Solutions has raised $20m in a Series C round of financing that it will use to expand the company’s manufacturing capacity to keep pace with growing demand.

17 August 2010

American Superconductor acquires a quarter of Blade Dynamics

Global power technologies company American Superconductor (AMSC) has acquired a 25 per cent stake in wind turbine blade designer and manufacturer Blade Dynamics for $8m in cash.

17 August 2010

BlueFire Ethanol Fuels expands capabilities, changes name

BlueFire Ethanol Fuels, a US company that produces renewable fuels from non-food cellulosic wastes, has changed its name to BlueFire Renewables as part of a plan to vertically integrate its technology with the renewable energy industry.

17 August 2010

Energy Capital Partners hits $4.34bn hard cap for renewable-focused fund

Energy Capital Partners has raised $4.34bn for its second private equity fund, which will target investment in renewable power, electricity transmission and fossil fuels, beating its $3.5bn target and reaching the hard cap set by the firm on the vehicle's launch.

17 August 2010

Universal Solar Technology reports no Q2 revenue, will ramp-up production in September

China-based Universal Solar Technology said it expects to move into full production by this September, despite it not generating any revenue in the second quarter while it completed the first phase of its new production facilities in Nanyang City, Henan Province.

17 August 2010

Green Oak Renewables’ $20m Nebraska wind farm gets local support

Officials in the US state of Nebraska have welcomed Michigan-based wind energy company Green Oak Renewables’ proposed plan to develop a $20m wind farm on agricultural land in the southeast of Ogallala.

17 August 2010

Kratos awarded $5m contract to increase use of renewable power by US military

A California-based company that provides mission critical solutions for defence body US National Security, Kratos Defense & Security Solutions, has entered into a $5m contract to increase the renewable energy generation capacity of certain military power systems.

17 August 2010

JinkoSolar plans to establish US subsidiary following record quarter

China-based solar manufacturer JinkoSolar plans to establish a subsidiary in San Francisco, US during the third quarter of 2010 to gain a foothold in the domestic market, after it achieved record results all round following the opening of a German operation in April.

17 August 2010

Planning permission decisions by UK government may delay clean energy adoption, says CBI

Plans to hand planning permission decisions back to UK ministers will lead to delays in the roll-out of the country’s renewable energy network, a leading business group has warned.

17 August 2010

Steel producer Corus to construct UK wind tower manufacturing plant

Europe’s second largest steel producer Corus has unveiled plans to construct a £31.5m manufacturing plant in Teesside, UK to fabricate wind tower components, estimating that the emerging wind turbine market will require six million tonnes of steel over the next decade.

16 August 2010

Global semiconductor industry index rises in June

The global semiconductor industry’s World-SLI index rose in June against the background of a slowdown in the sector’s six-month growth rate, according to data by an economic research company.

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