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10 May 2012

UK energy management specialist reveals Series B financing plansp

britishpound170 A UK-based home energy management specialist told NewNet it plans to carry out a Series B financing round this year as it looks to grow its European presence.

10 May 2012

M&A waste activity reaches record highs in 2011p

Mergers and acquisition (M&A) activity in the UK and Continental European waste sector, including energy efficiency, reached record levels in 2011.

10 May 2012

Taiwanese wafer maker eyes UK listingp

A Taiwanese silicon wafer maker is reportedly looking to undertake an initial public offering within the next two years.

10 May 2012

SolarWorld bounces back from tough 2011 with €7.2m profit

SolarWorld has reported a €7.2m profit for the first quarter of 2012, bouncing back from what has been a particularly rocky year for the European solar market.

10 May 2012

Broadwind Energy reports $3.9m Q1 net loss

US-based Broadwind Energy has reported a $3.9m net loss from continuing operations for the first quarter of 2012.

10 May 2012

UK must invest in domestic water sector, says Ofwat CEOp

The UK must ensure it continues investing in its water sector in order for it to remain robust and sustainable both now and in the future, the Ofwat CEO has warned.

10 May 2012

REG sees 80% Q1 revenue rise

US biofuel producer the Renewable Energy Group has recorded first quarter revenues of $188.2m, an 80 per cent increase on the opening months of 2011, when the figure was $104.4m.

10 May 2012

ECD looks to sell off United Solar Ovonic subsidiary to China’s Trony

China-based solar panel maker Trony Solar is reportedly in discussions to buy bankrupt Energy Conversion Devices’ United Solar Ovonic after a planned action of the unit was cancelled.

10 May 2012

Dong to invest $96m in coal-to-biomass plant conversion

Danish energy company Dong has announced plans to invest DKK550m ($96m) into converting unit three of the oil and coal-fired Studstrup plant to biomass.

10 May 2012

UK solar company Freetricity diversifies with biomass focusp

UK solar company Freetricity told NewNet it is diversifying its business model and expanding into the biomass sector in response to shifting government support within the renewables sphere.

10 May 2012

Hydrogen atom fuel innovator nears close of $5m funding roundp

atom_170_170 A clean energy innovator that claims it has invented a new energy source based on the hydrogen atom is nearing the close of a $5m funding round.

10 May 2012

Satcon sees quarterly revenue decline

US company Satcon, provider of power conversion solutions to the renewables sector, has recorded first quarter revenue of $24.3m, down on the 2011 fourth quarter total of $36m.

10 May 2012

Solon to work on Berlin’s largest rooftop PV development

German photovoltaic manufacturer Solon has been contracted to supply panels for a 1.6MW project in Berlin, in a deal worth €2.3m.

10 May 2012

Yingli to supply panels for iconic Rio stadium

Rio_Stadium_170SQ Chinese photovoltaic manufacturer Yingli Green Energy has partnered with Light ESCO and EDF, to bring solar power to one of Brazil’s most famous stadiums.

10 May 2012

Newly-launched Armstrong AM sets early-2013 deadline for $150m cleantech fund closep

south_east_asia_170_170 Newly-launched Armstrong AM has received commitments of $66m towards its Asia-focused clean energy fund and told NewNet it hopes to reach a final target of $150m in early 2013.

10 May 2012

French solar company Exosun raises €12m

Solar company Exosun has raised €12m in its second funding round, with capital committed by private equity firm Omnes Capital, after two years of what it describes as ‘difficult circumstances’.

10 May 2012

Elster wins 80,000 smart meter deal in Rio

Elster has been contracted to supply 80,000 smart meters to households in Rio de Janeiro, Brazil, by local utility Light.

10 May 2012

IFC pledges $54m investment into SunEdison

solarstock4_170 IFC, the investment arm of the World Bank, has pledged to commit up to INR2.9bn ($54m) into solar energy services provider SunEdison, the division said in a statement released today.

10 May 2012

Siemens, Associated British Ports get go-ahead for UK green port

Hull City Council in the UK has approved plans for Siemens and Associated British Ports to build a green port facility in the area.

10 May 2012

AXA Private Equity to take €330m stake in Luxembourg energy utility Enovos

euro_roll_170_170 European private equity firm AXA Private Equity is to acquire a 23.48 per cent stake in integrated utility company Enovos from ArcelorMittal for €330

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