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24 August 2010

Nordex supplies wind turbines to China and Portugal

Wind turbine manufacturer Nordex has obtained new orders in China and Portugal and will deliver 40 turbines in the 1.5MW and 2.5MW series over the remainder of the year.

24 August 2010

Inox Wind buys American Superconductor wind turbine control systems

Inox Wind, part of India-based engineering and energy group Inox, has bought 17 wind turbine electrical control systems from global power technologies company American Superconductor (AMSC) for a series of 2MW wind turbines, in its effort to become a leader in the Indian wind market.

24 August 2010

Constellation Energy supplies renewable energy certificates to offset baseball season

Constellation Energy will supply 2,000 renewable wind energy certificates (RECs) to the National Baseball Hall of Fame and Museum to match the estimated 2,000MWh of electricity used over the baseball season, the company announced today.

24 August 2010

University of Illinois researchers discover alcohol-tolerant biofuel genes to drive efficiency

As Life Technologies and bioenergy crop company SG Biofuels have sequenced the jatropha genome, a metabolic engineer from the University of Illinois has sequenced alcohol-tolerant genes and developed a strain of alcohol-tolerant yeast that is an another step towards improving the efficiency and economical production of biofuels.

24 August 2010

SG Biofuels completes Jatropha genome sequencing to accelerate biofuel production

Life Technologies and bioenergy crop company SG Biofuels has completed sequencing of the Jatropha genome, a finding that has the potential to accelerate the production of the crop and advance its development as a low-cost biofuel.

24 August 2010

Trina Solar beats shipment guidance, raises full year outlook

Chinese integrated solar manufacturer Trina Solar exceeded its shipment guidance for the second quarter with around 223MW of solar module shipments compared to its previous guidance of between 200MW and 205MW after lowering its manufacturing costs.

24 August 2010

France cuts solar feed-in tariffs on market price disparity

Following a report by a French financial body that highlighted the disparity between feed-in tariff rates and the market price for solar, the government of France has decided to reduce solar feed-in tariff rates by 12 per cent, according to a local newspaper.

24 August 2010

EBRD co-finances Moldova electric transport roll-out

The European Bank for Reconstruction and Development (EBRD) will finance the introduction of electric trolleybuses in Moldova’s capital city Chisinau.

24 August 2010

South African energy utility Eskom to issue 100MW wind turbine tender

South Africa’s state-owned utility Eskom will launch an international turbine tender for its first utility-scale wind farm towards the end of the year or early in 2011, NewNet has learned.

24 August 2010

US Export-Import Bank funds Honduras wind farm

The US Export-Import Bank (Ex-Im) said it will finance Energía Eólica de Honduras’ purchase of 51 Gamesa wind turbines for the first utility-scale wind project in Honduras with a $159m loan.

24 August 2010

Meridian Energy improves operating profit by more than a fifth

New Zealand state-owned renewable energy generator Meridian Energy secured a net profit of $184m for the year ended June 2010, with an operating profit that grew 22 per cent above last year’s figures.

24 August 2010

Global marine test centre EMEC expands capacity by a third

A flagship test centre for wave and tidal energy machines, the European Marine Energy Centre (EMEC), has increased its capacity by a third in a £5m expansion.

24 August 2010

Belgian bioenergy company 4Energy Invest reports increased sales but profit loss

Belgium-based bioenergy company 4Energy Invest said sales for the first six months of 2010 were seven per cent higher than the same period last year, totalling €4.5m.

24 August 2010

First Solar tops S&P 500 Index energy stocks, postpones Inner Mongolia plant

In the weeks after First Solar raised its yearly earnings per share guidance to between $7 and $7.40 per diluted share, it has topped the S&P 500 Index’s energy stocks.

24 August 2010

Mitsubishi Heavy Industries’ antitrust suit against GE will go ahead, court rules

A US district court in Arkansas has denied General Electric’s (GE) motion against an antitrust suit made by Mitsubishi this May that accused it of attempting to monopolise the US variable-speed wind turbine market.

23 August 2010

Applied Ventures buys stake in solar inspection system provider BT Imaging

Applied Materials’ early-stage technology backer Applied Ventures has taken an equity stake in Australian supplier of inspection and quality control systems for the photovoltaic manufacturing industry BT Imaging.

23 August 2010

Former Vonage treasurer John Rego heads finance at Petra Solar

Distributed solar generation system provider Petra Solar has appointed John Rego as its CFO and treasurer to oversee its treasury and finance activities.

23 August 2010

‘Apathy’ holding back businesses from registering with CRC, says Sabien

Apathy tied with a ‘head-in the sand’ attitude is preventing eligible businesses from registering with the UK government’s Carbon Reduction Commitment scheme, according to corporate energy efficiency company Sabien Technology.

23 August 2010

National Clean Fuels buys China National Solar to expand country foothold

Clean technology developer National Clean Fuels has acquired China National Solar, a company focused on the growth of solar technology and manufacturing in China.

23 August 2010

New Generation Biofuels cuts losses after reduced spending enforced by capital drought

Renewable fuels provider New Generation Biofuels is continuing with its plans to restructure and reorganise after its second quarter loss was half of the equivalent period of last year, at $3m down from $6.3m.

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