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11 May 2012

Dong increases Q1 wind, hydro revenue by $126m

Dong_offshore_170SQ Danish utility Dong has recorded first quarter revenue worth DKK1.6bn ($278m) from its wind and hydroelectric divisions.

11 May 2012

Smart Energy Collective advance Holland smart grid plan

Organisations in the Smart Energy Collective have signed a renewed cooperation agreement for the second phase of five smart grid projects in the Netherlands.

11 May 2012

North Carolina non-profit launches RFP to buy RECsp

A non-profit group operating in the US state of North Carolina has launched a request for proposals as it seeks to buy renewable energy credits (RECs).

11 May 2012

California Assembly approves construction of controversial Calico solar plant

The California Assembly has approved controversial legislation that will allow solar energy developers to go ahead with proposed construction plans for Calico Solar, a large-scale power plant.

11 May 2012

Applied Materials moves to Asia in bid to cut costs

Solar company Applied Materials will move its European manufacturing operations to Asia, in a bid to cut costs after tackling ‘challenging’ industry conditions.

11 May 2012

Heliene wins 1MW PV order in Ontario

Canadian photovoltaic manufacturer Heliene has been contracted to supply panels with a capacity of 1MW for rooftop projects being developed by Moose Power.

11 May 2012

China Longyuan to issue shares to fund renewables deploymentp

Chinamap_170_170 China Longyuan will issue up to 1.35 million shares in order to fund the development of its renewable energy generation business.

11 May 2012

Lincoln Renewable Energy forms JV with Samsung

US clean generation project developer Lincoln Renewable Energy has partnered with Samsung to advance its US clean power portfolio.

11 May 2012

Latin American renewables player to sell off wind, hydropower assetsp

A project developer focused on the Latin American market has begun negotiations to divest a wind and hydropower project.

11 May 2012

Canadian Solar drops to Q1 loss

Photovoltaic manufacturer Canadian Solar made a $200,000 loss in the first quarter, compared to a $2.4m profit in the preceding three months and $17.2m loss in the same period last year.

11 May 2012

Saudi Arabia seeks solar investments to tune of $109bnp

saudi_arabia_170_170 Saudi Arabia is hoping to attract major renewable energy investors in its plan to create a $109bn solar industry capable of generating one third of the nation’s power.

11 May 2012

Panasonic, JCM Capital partner for 120MW of Ontario PV deployment

Canadian financial company JCM Capital has partnered with Panasonic to deploy more than 120MW of photovoltaic panels throughout Ontario over two years.

11 May 2012

Raizon CEO looks to board approval for bioethanol plant

Vasco Dias, chief executive of Raizon, has asked the board of directors to approve the construction of a new bioethanol facility in Brazil.

11 May 2012

Quantum Fuel Systems Technologies secures $10m credit line

dollars1701 Nasdaq-listed Quantum Fuel Systems Technologies has secured a new credit agreement with Bridge Bank for $10m.

11 May 2012

RWE Innogy invests over €60m in fourth Polish wind farm

new_wind_020512_170 RWE Innogy will construct its fourth site in Poland, consisting of 19 wind turbines from REpower Systems, reaching an investment volume of more than €60m.

11 May 2012

Iberdrola sees Q1 gains in its renewables division

Iberdrola1_170SQ Iberdrola saw gains from its renewables division during the first quarter of 2012 with an EBITDA rise of 2.8 per cent to €441.5m.

10 May 2012

Green telecoms business Flexenclosure enters Indian market

Swedish green telecoms business Flexenclosure has launched a new subsidiary in India.

10 May 2012

Gamesa makes Q1 loss despite sales increase

gamesa_170_170 Spanish wind energy company Gamesa made a first quarter net loss of €21m, despite sales rising by a third to €777m.

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.

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