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15 May 2013

Bad locations cost Europe €45bn in wasted renewables investmentsp

European renewable energy investors are wasting €45bn on choosing the wrong locations of where to site projects, engineering giant Siemens has warned.

15 May 2013

National Grid, Statnett confirm plans for €1.5bn Norway-UK transmission link

The UK’s National Grid and Norwegian transmission system operator Statnett have signed a co-operation agreement to continue work on the €1.5bn energy transmission link between the two countries.

15 May 2013

Key bidder in UK’s smart meter scheme says delay ‘sensible’p

SmartReach, one of the major consortiums bidding for the UK’s £11.7bn smart meter roll-out, told NewNet the government’s recent delay of the programme was a sensible move that will help build confidence that its aims are achievable.

15 May 2013

Hydrodec hopes to be cash positive by 2015 after US expansionp

UK oil purification company Hydrodec told NewNet its plans to expand its US operations to more than double processing capacity with aims of becoming cash-positive over the coming two years.

15 May 2013

Wasabi Energy aims to raise $3m through rights issuep

Wasabi Energy, which is listed in Australia and the UK, will today look to raise $3m (£1.98m) through a rights issue.

15 May 2013

Trina Solar cuts Q1 module shipment guidance

NYSE-listed Trina Solar has lowered its estimates for the amount of solar modules it expects to ship in the first quarter.

14 May 2013

REpower wins €90m German community wind farm order

Suzlon Group’s wholly-owned subsidiary REpower Systems, a manufacturer of onshore and offshore wind turbines, has agreed to supply 27 wind turbines to Bürgerwindpark im Kirchspiel Medelby for four projects totalling €90m.

14 May 2013

Tocardo, Climex in deal to sell tidal energy

Tocardo Tidal Turbines, a producer of tidal and free-flow water turbines, has joined forces with renewable energy trading platform Climex to sell energy generated by Tocardo’s turbines.

14 May 2013

SAG Solarstrom reveals strong Q1 but warns against anti-dumping measuresp

SAG Solarstrom has revealed bumper first quarter installations totalling 44MW but told NewNet its growth trajectory is in danger of being derailed if anti-dumping duties are brought in.

14 May 2013

Hydro International appoints Michael Jennings as CEO

Michael Jennings has joined the board of Hydro International, a water treatment specialist, as CEO.

14 May 2013

UK’s Technology Strategy Board gets record 2013 budget

The UK’s Technology Strategy Board has been allocated a record £440m budget for 2013 to support innovative UK businesses, including those in the energy sector.

14 May 2013

Kedco expands Irish wind farm portfolio to 40MW, adds additional project

Renewable energy group Kedco’s wholly-owned subsidiary Reforce Energy has expanded the wind farm projects under its co-development agreement to 40MW while also adding a further 12.5MW project.

14 May 2013

Statkraft’s Spittal Hill wind farm plans slashed by 22 turbines

The £30m Spittal Hill wind farm, set to be built by Statkraft in Scotland, has been cut from 30 turbines down to eight, reducing generation capacity to 24MW.

14 May 2013

Santo leads €15m VC round by German group Efficient Energy

German group Efficient Energy has closed a €15m equity round led by Santo Venture Capital.

14 May 2013

Chinese PV group ReneSola establishes UK base

Chinese solar firm ReneSola has opened a UK office to provide direct support to customers.

14 May 2013

S&C eyes Middle East, Africa opportunities for ambitious growth planp

Power systems provider S&C Electric will look to South Africa and the Middle East as it aims for 50 per cent growth of its EMEA division in 2013.

13 May 2013

BASF plans rapid ramp-up in BDO production after Genomatica tie-upp

Chemicals giant BASF told NewNet it plans to produce 50,000 tonnes of sustainable chemical butanediol (BDO) per year at its new commercial scale production facility, having recently licensed Genomatica’s process technology.

13 May 2013

Iberdrola completes €20m geophysical study of 400MW Wikinger wind farm

Spanish utility Iberdrola has completed the geophysical studies for the proposed 400MW offshore wind farm due to be built in the Baltic Sea.

13 May 2013

UK Green Investment Bank appoints Euan McVicar as General Counsel

The UK Green Investment Bank (GIB) has appointed Euan McVicar as its General Counsel.

13 May 2013

UK’s South West reveals renewable energy manifesto

UK not-for-profit group Regen SW has published a South West Renewable Energy Manifesto which sets out eight key commitments to put sustainable energy at the heart of the region’s economic future.

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