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8 May 2013

Europe’s solar market weakens in slowdown

The rate of new solar installations throughout Europe fell sharply last year, for the first time in more than a decade.

8 May 2013

Lower power demand leads to fall in profits for Enel

European utility Enel saw its profits decline in the first quarter as power demand dropped in key markets of Italy and Spain.

8 May 2013

Vestas turnaround going ‘according to plan’

Despite Danish wind turbine supplier Vestas recording first quarter 2013 losses of €151m, company chiefs insist its fortunes are on the up.

8 May 2013

2013 valuation shows LPFA at close to full funding

The London Pensions Fund Authority has confirmed funding levels of close to 95 per cent in the indicative results of the 2013 valuation of its £4.7bn fund.

8 May 2013

Centrosolar sells solar glass unit to Ducatt

Germany-based Centrosolar has sold off its solar glass unit to Belgian business Ducatt.

7 May 2013

EIB lends Nepal €55m for hydropower plant

The European Investment Bank has loaned €55m to the Federal Democratic Republic of Nepal to finance the construction and operation of the Tanahu Hydropower plant.

7 May 2013

Samsung gets go-ahead for Scottish 7MW offshore wind test site

Scotland has approved a proposal by South Korean conglomerate Samsung to build a 7MW offshore wind test site at the Fife Energy Park in Methil.

7 May 2013

Mandarin Capital expands to Germany, fundraising ongoingp

Environmental investor Mandarin Capital has hired German buyout industry veteran Markus Solibieda to head its new office in the country as it looks to expand out its existing Chinese and Italian operations.

7 May 2013

Creandum eyes cleanweb deals with €135m Nordic fundp

Nordic venture capital firm and Spotify-backer Creandum has closed its third fund on €135m, making it one of the biggest venture funds in the region today, and told NewNet that it will focus on technology investments with a green edge.

7 May 2013

Scotland signs marine energy MoU with South Korea

Scotland has signed an agreement with South Korea to increase trade links between the two countries for the tidal energy market.

7 May 2013

Russian cleantech investor Bright Capital nears $200m close for duo of fundsp

Cleantech-focused Russian venture capital firm Bright Capital is on the verge of closing $200m for its two funds.

7 May 2013

Holger Trecksel to lead marine efforts at GL Renewables

Consultancy and engineering group GL Renewables Certification has brought on Holger Trecksel as the new head of its department of marine renewables.

6 May 2013

Partners Group brings on HgCapital’s Jean Perarnaud

Partners Group has reportedly boosted its renewable energy investment know-how by hiring HgCapital director Jean Perarnaud.

6 May 2013

WHEB’s Prime Renewables buys wind portfolio in France

Investment firm Prime Renewables, which is advised by Ben Goldsmith’s Wheb Infrastructure, has acquired a portfolio of three wind farms in France.

3 May 2013

SolarWorld on brink of getting Qatari investment

SolarWorld, which earlier this week said it had reached a preliminary deal to restructure €1.2bn in debt, said it is close to securing backing from a Qatari investor.

3 May 2013

Tidal Energy seeks corporate partner for 10MW arrayp

Tidal Energy, a UK-based tidal stream technology innovator, told NewNet it is now focusing on attracting a corporate partner after securing a European grant to deploy its first full-scale generator off the Welsh coast.

3 May 2013

Colour Synthesis Solutions gets TSB grant for solar cell research

UK-based Colour Synthesis Solutions has secured a grant from the Technology Strategy Board (TSB) as part of an international collaboration on advanced solar cell research and development.

3 May 2013

Vattenfall CEO: Outlook remains weak

Vattenfall chief Øystein Løseth said outlook remains week as the company ends the first quarter by continuing to focus on improving the efficiency of operations and cutting costs.

3 May 2013

Infracapital, Citi look to sell £1.5bn stake in Yorkshire Water ownerp

Infracapital and Citi Infrastructure Investors are looking to sell a £1.5bn stake in Kelda Group, the owner of the UK’s fifth largest UK water and sewerage company Yorkshire Water, according to reports.

3 May 2013

Foresight issues UK’s largest solar bond

Environmental infrastructure investor Foresight Group has refinanced a portfolio of UK solar plants through a £60m bond, the largest of its kind to be issued in the country.

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