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24 May 2013

Tidal Lagoon Power names development director for Swansea lagoon

The Swansea Bay tidal lagoon developer Tidal Lagoon Power has named a former opencast mining worker and executive as development director for Wales.

24 May 2013

3i makes offer for Barclays’ European infrastructure fund arm

3i Group has made an offer for Barclays’ European infrastructure fund management business.

24 May 2013

Kedco receives €1.15m for Pluckanes wind farm in Irish push

UK and Ireland renewable energy group Kedco has received €1.15m of senior term loans from Allied Irish Banks for the construction of its Pluckanes wind farm.

23 May 2013

Dong says ‘now is time to pin things down’ with UK Energy Billp

Dong Energy has called for greater industry certainty to be created through the implementation of the long-awaited UK Energy Bill.

23 May 2013

Industry group launches to meet European smart grid challenge

Europe’s largest professional body for engineers has formed a new group to ensure that networks are ready to meet the significant challenges of low carbon generation technologies.

23 May 2013

Sustainable Marine Energy to deploy Schottel turbines on tidal platform

Sustainable Marine Energy is to build and test a new generation systems integration platform, fitted with 50 tidal turbines provided by propulsion specialist Schottel.

23 May 2013

Exclusive: Ewing promises more private sector capital for Scottish renewablesp

Scottish Energy Minister Fergus Ewing has promised to continue drawing in private sector financing for Scotland’s renewable energy industry off the back of a world-first £18m marine renewables fund.

22 May 2013

Exclusive: Ed Davey says independent Scotland would struggle to meet green targetsp

UK Energy Secretary Ed Davey told NewNet Scotland will struggle to meet its renewable energy generation targets if it becomes independent as investment levels will suffer.

22 May 2013

SolarWorld to update shareholders after losses total half of capital stock

SolarWorld will update shareholders in July at an extraordinary meeting called after the business recorded losses totalling half of its capital stock.

22 May 2013

Capital Dynamics invests in Northern Ireland wind farm

Asset management firm Capital Dynamics has invested in a 21MW onshore wind farm project in Northern Ireland.

22 May 2013

Scotland details support for wave energy with £18m fundp

An £18m marine renewables fund launched by the Scottish government last year will now be used to provide a dedicated support mechanism for the wave sector to enable wave projects get to the first array stage and development.

22 May 2013

Centrosolar’s debt holders agree to shares-for-bond deal

Centrosolar creditors have reportedly approved a debt swap deal, which will see debt from a €50m bond equated to 5.5 million newly-issued shares.

22 May 2013

Falck Renewables to sell minority stakes in UK wind projectsp

Italian developer Falck Renewables will sell its non-controlling interests in UK wind plants, amounting to 49 per cent of its business in the country, is seeking a co-investment partner for the construction of new plants.

22 May 2013

Xeros partners with BASF for low water cleaning system

Xeros, a UK-based innovator of an ultra-low water cleaning system, has partnered with chemical company BASF to jointly develop polymer beads based on engineering plastics.

22 May 2013

Danish investor Better Energy buys German solar portfolio

Danish investor Better Energy has acquired a 4MW portfolio of solar assets in Germany from Sunowe Photovoltaic.

22 May 2013

Ex-Foresight team Bluefield to launch £150m listed UK solar fundp

Numis Securities has teamed with ex-Foresight team Bluefield Partners to launch a £150m UK-based listed fund targeting large-scale solar assets.

22 May 2013

Aquamarine Power gets full consent for 40MW wave energy farm

Aquamarine Power, has received full consent from the Scottish Government for a 40MW wave farm off the north-west coast of Lewis, Scotland, making it set to become the world’s largest fully-permitted ocean energy site.

22 May 2013

Cold weather boosts profits at SSE

UK utility SSE reported pre-tax profits of £1.4bn for the 12 months to the end of March, an increase of 5.6 per cent against the previous year.

22 May 2013

Orcan Energy’s equity round ‘significantly greater’ than previous fundraisesp

Orcan Energy, a private equity-backed waste heat recovery technology supplier, told NewNet its latest equity round in which it attracted strategic investor E.ON was ‘significantly greater’ than previous fundraises.

22 May 2013

Renewables investment highlights Scotland’s need to remain in UK: Davey

UK Energy Secretary Ed Davey will today call on Scotland to remain within the UK, saying nationwide legislation protects low carbon investment in the country.

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