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28 February 2011

Foresight Group expands solar investment arm

Alternative asset manager Foresight Group has boosted its solar investment team with the appointment of former Espirito Santo Investment project finance manager Ricardo Piñeiro as its new investment manager.

28 February 2011

EnerSys buys-out lithium ion developer ABSL Power Solutions

Manufacturer CIP Industries has sold portable power solutions provider ABSL Power Solutions to US energy storage technology developer EnerSys for an undisclosed price.

28 February 2011

Siemens secures follow-on Viridis Energia PV order

Siemens Energy has received a follow-up order for the turnkey construction of eight photovoltaic plants in Italy from Viridis Energia, a joint venture between Echidna and La.Gi.

28 February 2011

Dow Chemical to invest $100m in energy efficiency

The Dow Chemical Company is to invest $100m in energy saving and emissions reduction programmes through its various business operations.

28 February 2011

BlackRock, NTR launch renewable power investment group

NYSE-listed risk management group BlackRock is set to launch a new renewable power investment group in partnership with renewable energy group NTR.

28 February 2011

Infigen losses mount, but will pay dividend

Australia-based wind farm developer Infigen Energy made a net loss of A$34.4m (US$35m) in 2010, its latest earnings report shows.

28 February 2011

Government purse pinching hinders renewable energy market growth: study

Tightening government budgets have presented new challenges for global renewable energy markets, with falling subsidies expected to threaten sustained growth of sector, according to Ernst & Young.

28 February 2011

Amiad completes water filtration system at Israeli petrochemical site

Water filtration technology provider Amiad has installed a new system at one of Israel’s largest petrochemical facilities.

28 February 2011

GT Solar signs $42m sapphire deal

New Hampshire-based GT Solar, which produces equipment used in the manufacturing of solar panels, has received a $41.6m for sapphire crystallisation furnaces from an undisclosed buyer.

28 February 2011

Hyundai, KCC to build Saudi polysilicon plant

Saudi Arabia-based Polysilicon Technology Co (PTC) has awarded a $380m contract to build a polysilicon manufacturing plant to two South Korean companies, Hyundai Engineering and KCC.

28 February 2011

Gates Foundation supports sustainable agriculture

Bill and wife Melinda Gates’s philanthropic foundation is to co-fund agricultural research projects designed to help small farmers increase yields and incomes in developing countries, alongside the UK government.

28 February 2011

New subsidies for US farmers as on-site renewable production grows

The US Department of Agriculture (USDA) has announced new subsidies for small farmers, on the same day as a survey showed that production of renewable energy on farms had reached record levels.

28 February 2011

US, Masdar tie-up to advance PV solar coating technology

While the price of oil has continued to rise in the face of Middle Eastern unrest, the US government and United Arab Emirates renewable energy initiative Masdar are to collaborate on advancing solar photovoltaic (PV) coatings that could progress the adoption of the technology in dusty and arid climates.

28 February 2011

ETI hails potential of vertical axis wind turbines

Vertical axis wind turbines could prove to be a worthy alternative to traditional horizontal wind models, according to the Energy Technologies Institute (ETI).

28 February 2011

UBC receives $11.2m in government funding for biomass project

The University of British Columbia (UBC) received $11.2m in government funding to develop its first clean energy project that will reduce its consumption of natural gas by 12 per cent.

28 February 2011

Babcock & Wilcox wins contract to build waste-to-energy plant

Babcock & Wilcox, a Denmark-based supplier of waste-to-energy equipment and technology, was awarded a $35m contract with Finland-based company EkoKem, which specialises in waste and management services.

28 February 2011

Ocean Power Technologies readies next-gen PowerBuoy for commercialisation

Nasdaq-listed wave energy company Ocean Power Technologies is preparing to trial the first of its new generation utility-scale PowerBuoys at sea and seeking further funding to propel it into commercialisation.

28 February 2011

Oxford Catalysts Group raises £21m in share placing

Energy research business Oxford Catalysts Group has raised £21m through a share placing on London’s Alternative Investment Market.

28 February 2011

Stock round-up: Geothermal companies have mixed fortunes

Ormat Technologies, whose $1.1bn market capitalisation makes it the biggest player in the geothermal field, suffered after announcing that it expects to report a loss for the fourth quarter of 2010.

25 February 2011

Deal round-up: Renewable energy start-ups gain early footing in 2011

The final week of February has been a good week for early stage clean technology companies, with energy efficiency start-up Transphorm bagging major new backing from Google Ventures.

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