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21 May 2013

Carbon Trust launches £2m offshore wind research scheme

The UK’s Carbon Trust has unveiled a research project designed to cut the cost of offshore wind power by increasing the energy yields from Round 3 wind farms.

21 May 2013

Pelamis completes a year of testing at EMEC

ScottishPower Renewables-owned Pelamis has completed the first year of testing of its P2 wave energy converter at the European Marine Energy Centre (EMEC) in Orkney.

21 May 2013

Tidal Lagoon seeks pension fund cash for £650m Swansea Bay projectp

A geotechnical investigation for a proposed 250MW tidal lagoon in Swansea Bay, south Wales, is due to begin with project developer Tidal Lagoon Power telling NewNet it will seek backing from pension funds to raise the £650m needed to build the scheme.

21 May 2013

Eco City Vehicles revenues up 38%

Developer of the London-licensed Mercedes Vito taxi Eco City Vehicles has seen its revenues increase by 38 per cent to £30.5m.

21 May 2013

E.ON joins Kleiner, Wellington in backing Orcan Energy

Orcan Energy, a private equity-backed waste heat recovery technology supplier, has completed its second round of financing, adding E.ON as an investor and partner.

21 May 2013

GE Capital to pay $6.5bn dividend to parent

General Electric’s financial services division will pay a $6.5bn dividend to its parent company in a plan to shift capital from the more volatile lending business.

21 May 2013

Atmos submits planning application for UK wind farm

Environmental consultancy Atmos Consulting has submitted a planning application for a 49MW wind farm at Leadhills, South Lanarkshire, on behalf of Falck Renewables Wind and RDC Partners.

21 May 2013

Eos Energy secures strategic investors in $15m Series B

New York innovator Eos Energy Storage has completed a $15m Series B round through a syndicate of 21 strategic and financial investors including NRG Energy and Fisher Brothers.

20 May 2013

DECC’s renewable heat scheme boost ‘still not enough’p

The Department for Energy and Climate Change (DECC) has today announced significant boosts for householders wishing to take advantage of its £12m Renewable Heat Premium Payment scheme with some of its money-off vouchers doubling in value but the Solar Trade Association (STA) has told NewNet it expected more.

20 May 2013

Foresight launches 3rd solar EIS fundp

Environmental infrastructure investor Foresight Group has launched its third solar EIS fund with a target of £20m but told NewNet that figure could well be extended if it continues to see high-demand.

20 May 2013

BT signs deal with RWE to buy 100% green powerp

UK telecoms giant BT will source 100 per cent of its annual £256m electricity spend in the UK from renewable energy through an agreement signed with RWE npower.

20 May 2013

UBS begins raising vehicle to back KKR’s energy income fund

Swiss bank UBS is reportedly raising a specific investment vehicle to invest in KKR’s $1.5bn asset-focused energy investment fund.

20 May 2013

Dong’s Anholt offshore wind farm complete with 111th turbine installed

Dong Energy’s Anholt Offshore wind farm had its 111th turbine installed yesterday, completing the turbine construction phase of the project.

20 May 2013

Berlin set for EU solar dumping taxation row

Germany’s Vice Chancellor and Economy Minister Philipp Rösler put Berlin on a collision course with Brussels yesterday as he warned that imposing anti-dumping duties on Chinese solar panels would be a ‘grave mistake.’

17 May 2013

Idinvest’s Electranova Capital backs Forsee Power Solutions

Electranova Capital, a private equity fund managed by Idinvest Partners in association with EDF, has invested in battery specialist Forsee Power Solutions.

17 May 2013

First turbine installed at €2bn Gwynt y Môr offshore wind farm

The first of 160 turbines has been installed at the North Wales Gwynt y Môr Offshore Wind Farm, the largest renewables project under construction by RWE npower renewables.

17 May 2013

Conergy installs 1.2MW PV on Spanish public buildings

Conergy and Gamma Solutions have installed 1.2MW of solar photovoltaic panels on nine public buildings on Spain.

17 May 2013

PV Crystalox continues deconstruction of Bitterfield site

UK solar company PV Crystalox has released its interim statement, saying it expects wafer shipments of 75MW to 85MW for the first half of 2013.

17 May 2013

GIB-backed Equitix fund makes financing available for biomass boilers

Energy Saving Investments, an Equitix managed fund in which the UK’s Green Investment Bank (GIB) is a cornerstone investor, has participated in a £10m financing deal into biomass heating through sector specialist Roundwood Energy.

17 May 2013

SSE acquires RES’s £200m Dunmaglass wind farm project

SSE has acquired the £200m, 33-turbine Dunmaglass wind farm project in Scotland from Renewable Energy Systems.

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