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17 May 2012

Scotland launches underwater turbine in Orkney

The installation of underwater turbine in Orkney, Scotland has been successfully completed and is currently providing homes and businesses on the island of Eday with electricity.

17 May 2012

Protesa completes 1MW Italian PV plant

Italian EPC contractor Protesa has completed installation of a 1MW photovoltaic plant in the province of Bologna.

17 May 2012

Burcote Wind and Wind Towers join forces to support UK jobs

Burcote-Wind_Wind-Towers_1_160512_170 Scottish companies Burcote Wind and Wind Towers have signed an agreement securing Burcote’s billion-pound development plans to support jobs and manufacturing in the region.

17 May 2012

Anesco commences build of 5MW UK PV plant

UK cleantech company Anesco has commenced work on the construction of a 5MW photovoltaic plant in New Forest, South East England.

17 May 2012

‘Made in Germany’ solar company Pairan begins insolvency proceedingsp

bankrupt_170_170 Pairan, a solar company that uses the tagline ‘Made in Germany’ has become the latest specialist in the country to begin insolvency proceedings.

17 May 2012

Energy services sector sees heightened M&Ap

euro_roll_170_170 Through 2011 and to date in 2012, the energy services sector has seen a heightened level of M&A activity, with a number of independent service providers being acquired by large global companies.

17 May 2012

German Chancellor axes Environment Minister

German Chancellor, Angel Merkel, has fired her environment minister after he led her party to a regional election defeat.

17 May 2012

SSE reveals additional 570MW of renewable energy over past year

SSE_offshorewind_170_170 UK utility Scottish and Southern Energy (SSE) added 570MW of additional renewable energy capacity over the financial year ending 31 March.

16 May 2012

Big is beautiful in offshore wind, Dong tells NewNetp

Dong_offshore_170SQ1 A consistent pipeline of European offshore wind projects is helping large players to bring the cost down, Bent Christensen of Dong Energy told NewNet, but he warned the industry still faces major challenges.

16 May 2012

Ambient selected to take part in UK smart grid trial

US smart grid specialist Ambient has been selected to take part in a UK project as part of the Low Carbon Network Fund programme.

16 May 2012

Bioenergy developer TMO Renewables appoints David Weaver as CEO

UK bioenergy company TMO Renewbles has appointed David Weaver as its new CEO.

16 May 2012

Wattner purchases PV plant for €8m

German clean energy investor Wattner has purchased a 3.9MW solar plant in Germany for €7.9m.

16 May 2012

Impax sees H1 loss, increases assets

Ian-Simm_Impax_170SQ UK environmental infrastructure investor Impax Asset Management has recorded a first half revenue of £9.2m, slightly down on the £9.9m achieved in the same period last year.

16 May 2012

HgCapital, RidgeWind reach financial close of 20MW wind project with £36m RBS loan

wind_turbine_170_170 European private equity firm HgCapital and its portfolio company RidgeWind have reached the financial close of its 20.5MW Wandylaw wind project in Northumberland, England with Royal Bank of Scotland providing a £36m project financing loan.

16 May 2012

UK urged to prioritise low carbon export potential

A failure of the UK government to push forward low carbon growth is undermining the potential for green exports by the country’s technology companies.

16 May 2012

Conergy records 21% profit margin in Q1

After a rocky year, Hamberg, Germany-based Conergy has reported a 21 per cent gross profit margin in the first quarter of 2012, as well seeing a positive net cash flow of €5m for the first time since its IPO in 2005.

15 May 2012

PV manufacturer Suntech wins 120MW order

Chinese photovoltaic manufacturer Suntech has been contracted to supply 120MW of panels to Krannich Solar throughout 2012.

15 May 2012

Active Energy ‘cautious but confident’ after 2011 loss leads to biomass move

UK-based Active Energy Group has reported a £2.5m net loss for the 2011 financial year after writing off goodwill of £700,000.

15 May 2012

Ener-G Romania expansion will strengthen Eastern European roots, says MDp

Ener-G managing director Derek Duffill told NewNet he will use the company’s recent expansion in Romania to further strengthen its grounding in Eastern Europe.

15 May 2012

Banks Renewables unveils £4.7m fund to support wind farm pledge

UK clean energy developer Banks Renewables has unveiled a £4.7m community package for residents in South Lanarkshire, Scotland, which would be derived from the 76MW Middle Muir wind farm.

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