New Energy World Network: Connecting Investors, Innovators & Deal-Makers worldwide
New Energy World Network: Connecting Investors, Innovators & Deal-Makers worldwide
16 May 2012
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Smart home system developer plans £2m fundraise - 21 May 2012
Italian wind developer to raise between €4m and €5m - 21 May 2012
UK solar group outlines 13 month fundraising opportunity - 18 May 2012
Biofuels innovator needs cash to grow - 21 May 2012
Arizona solar scheme gets $25m boost, more financing available - 21 May 2012
EBRD reveals plans to invest up to €25bn in sustainable energy - 21 May 2012
Smart home system developer plans £2m fundraise - 21 May 2012Italian wind developer to raise between €4m and €5m - 21 May 2012UK solar group outlines 13 month fundraising opportunity - 18 May 2012Cleantech financial consultancy opens initial $30m funding round - 18 May 2012
Marine company looks to close first tranche of fundraising - 17 May 2012Swiss joint venture opens Series A funding round - 17 May 2012 Biofuels innovator needs cash to grow - 21 May 2012
Arizona solar scheme gets $25m boost, more financing available - 21 May 2012
EBRD reveals plans to invest up to €25bn in sustainable energy - 21 May 2012
Waste tyre recycling company targets $12m in latest financing round - 21 May 2012
Suzlon to monetise assets in 2012 after closing $300m bond deal - 21 May 2012
Chinese solar company continues to reach out to UK installers - 18 May 2012
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After a rocky year, Hamberg, Germany-based Conergy has reported a 21 per cent gross profit margin in the first quarter of 2012, as well seeing a positive net cash flow of €5m for the first time since its IPO in 2005. 
Lithium-ion battery maker A123 Systems said it expects production capacity to be constrained over the next several quarters as it recovers from a recall of defective battery packs that seriously impacted its quarterly loss. 
Chinese photovoltaic manufacturer Suntech has been contracted to supply 120MW of panels to Krannich Solar throughout 2012. 
UK-based Active Energy Group has reported a £2.5m net loss for the 2011 financial year after writing off goodwill of £700,000. 
Ener-G managing director Derek Duffill told NewNet he will use the company’s recent expansion in Romania to further strengthen its grounding in Eastern Europe. 
UK clean energy developer Banks Renewables has unveiled a £4.7m community package for residents in South Lanarkshire, Scotland, which would be derived from the 76MW Middle Muir wind farm. 
A Finnish wave energy specialist has begun fundraising towards its Series B round with two prominent venture firms already committing capital. 
The latest round of United Nations climate talks in Bonn, Germany, have commenced with acknowledgement that pledges made at the 2011 event in Durban did not go far enough. 
UK Green Party leader Caroline Lucas has announced that she will not be seeking re-election in September, saying ‘it’s time to make space’ for other candidates. 
An energy management analytics company based in California, US has raised more than $1m towards its latest financing round with commitments of $183,000 still to secure. 
German wind turbine manufacturer Nordex has made a €14m first quarter loss, compared to a €1.8m loss in the same period last year. 
A Google-backed $4bn transmission plan that would see power produced at mammoth wind farms off the US East Coast has passed a major hurdle, with the Department of the Interior concluding there is no competitive interest. 
Swedish green telecoms business Flexenclosure has strengthened its management team with several new appointments. 
French utility EDF joined forces with Idinvest Partners to launch Electranova Capital, an investment fund for energy start-ups specialising in environmentally-friendly technologies. It told NewNet it hopes to reach up to €90m before the end of the year. 
Biofuels company KiOR made no money in the first quarter of the year and as such saw losses of $16.8m or $0.16 per share, compared to a net loss of $14.9m for the fourth quarter of 2011. 
Energy savings company Pepco Energy Services has partnered with Delaware Technical Community College to launch a $7m comprehensive energy efficiency project aimed at impacting 19 buildings around the college. 
Upsolar has completed installation of two photovoltaic rooftop arrays for schools in the Italian town of Sestri Levante, around 20 miles south-east of Genoa. 
US companies eSolar and Sanmina-SCI have partnered to advance local content-optimised component design and manufacturing to reduce the cost of utility-scale solar thermal power. 
US company SPI Solar made a $300,000 net loss in the first quarter, an improvement of the $1.9m loss made in the same period last year. 
US company Satcon, a supplier of power conversion equipment to the renewable sector, has been contracted to supply 22.5MW of inverters to GCL Solar Energy. 
