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12 April 2012

Allianz proceeds with caution as it invests in renewable energy sectorp

David Jones, CEO of Allianz Specialized Investments, told New Net the firm will continue to invest in the renewable energy sector with caution and said its recent purchase of three wind farms in Europe demonstrated this approach.

12 April 2012

US semiconductor specialist to raise further $9m in financing roundp

solar_panels_170_170 A US start-up focused on commercialising a semiconductor process that promises to increase the efficiency of solar systems has raised $6.88m of a $16m funding round.

12 April 2012

Chinese silicon-maker moves to public marketsp

Chinamap_170_170 While BrightSource Energy has pulled its initial public offering in the US citing adverse market conditions, the public markets in Asia appear more open with one silicon specialist getting out the door in China.

12 April 2012

Q-Cells’ North American subsidiaries remain hopeful

Q-Cells North America and Q-Cells Canada will not be filing for insolvency, despite the demise of their German parent company, Q-Cells SE.

12 April 2012

Areva to build Asia’s largest CSP plant

Areva_CSP_170SQ French energy company Areva has been contracted by Indian utility Reliance Power to build a 250MW concentrated solar thermal plant in India, which will be the largest in Asia when completed.

12 April 2012

First Solar expands board with two nominees

US-based First Solar has nominated George Hambro and Richard Chapman for election to its board of directors, expanding the board size from nine to 11, while it also seeks additional independent directors.

12 April 2012

BrightSource Energy withdraws IPO

brightsource_170_170 Solar thermal developer BrightSource Energy has pulled its initial public offering plans due to adverse market conditions.

11 April 2012

SAG Solarstrom reports €2m EBIT loss for 2011

Germany-based SAG Solarstom has reported disappointing yearly financial figures, with the company’s consolidated EBIT dropping to a loss of €2m from a positive €3.3m in 2010.

11 April 2012

Hugh Fearnley-Whittingstall offers match funding to community renewable schemesp

britishpound170 TV chef and personality Hugh Fearnley-Whittingstall has thrown his hat into the renewable energy ring and is set to offer financing to five would-be clean power developers.

11 April 2012

SAIL teams with Stifel for C$100m Ontario cleantech venture fundp

canadamaple_170sq Canadian venture capital firm SAIL Capital Partners has teamed with a subsidiary of Stifel Financial to launch a C$100m ($99.74m) cleantech-focused fund in Ontario.

11 April 2012

Martifer Solar, Westfield finish solar installation

Marifer Solar has finished two solar installations, totalling 1.7MW, for the Westfield Group in Southern California.

11 April 2012

PV company signs 3 energy contracts to hit Californian energy goals

Photovoltaic producer Silverado Power has signed a new power purchases agreement with Southern California Edison to develop three solar energy projects in Victorville, California.

11 April 2012

IKEA installs solar energy system in New Jersey store

Home furnishing giant IKEA has installed a solar energy system at its store in Paramus in New Jersey.

11 April 2012

Storage company Zentric acquires US PV projects

Australian energy storage company Zentric has agreed to purchase Innovative Solar I and II, owners of two photovoltaic projects in North Carolina, for $8m.

11 April 2012

Solar VC investment starts slow in 2012p

Solar-panels-stock_170SQ Venture capital funding in the solar sector was off to a slow start in Q1 2012, according to new figures.

10 April 2012

Colorado utility looks to buy solar from 2 projectsp

Solar-panels-stock_170SQ A Colorado electricity cooperative has launched a request for proposals as it looks to purchase energy and renewable credits from two separate clean power projects.

10 April 2012

Los Angeles solar FIT aims to spur private investmentp

panel-on-building_170_170 Los Angeles City Council has cleared the way for solar installers to receive feed-in tariffs (FITs) for the energy they produce, spurring forward private investment in the sector.

10 April 2012

CSP project developer considers 2012 public offeringp

SolarReserve_Thermal_170SQ A US concentrated solar power plant developer is debating financing options, which may include an initial public offering or tie-up with one or more strategic investors.

10 April 2012

Indian manufacturer’s solar arm to go public in 2013p

PV_closeup_170_170 The solar arm of an Indian manufacturing group may go public towards the end of next year as the division begins to contribute more to its top line growth.

10 April 2012

Cogenra completes hybrid solar system for California winery

US company Cogenra Solar has completed installation of a 214kW hybrid photovoltaic and thermal array at a winery in Windsor, California.

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