Middle East and Israel

26 March 2010

Siemens Energy to set up Israeli solar component facility to cope with new orders

The energy arm of electrics giant Siemens, Siemens Energy, is expanding its international breadth by investing in a new solar thermal components facility in Israel due to come online in 2012, while accruing new Spanish solar receiver orders.

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22 March 2010

Middle East’s first manipulated osmosis desalination plant launched in Oman

The first desalination plant in the Middle East to use manipulated osmosis developed by Modern Water has been inaugurated by the chairman of Oman's Public Authority for Electricity and Water (PAEW), Mohammed Al Mahrouqi.

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16 March 2010

FourWinds Capital Management to launch Middle East waste and water fund

Natural resource investor FourWinds Capital Management (FWCM) said it plans to launch a fund targeting opportunities in the Middle East and Africa (MEA) water and waste-to-energy sectors, its CEO Kimberly Tara told NewNet.

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12 March 2010

Global solar capacity reaches 15,000MW led by Chinese growth, according to new researchp

Global solar installations totaled 15,000MW at the end of 2008 with Chinese production sky-rocketing to five times the output of the US, according to figures released by the Earth Policy Institute (EPI).

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12 March 2010

Israeli biofuel developer Evogene’s revenues triple in 2009

Israel-headquartered biofuel developer Evogene's revenues for fiscal 2009 nearly tripled to $10m at the end of the year, compared to $3.4m for the same period in 2008.

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11 March 2010

Siemens wins €30m contract to improve power supply network in Middle East

Energy major Siemens has won a €30m contract from the Dubai-based Federal Electricity and Water Authority to carry out the build and modernisation of substations in its northern emirates to improve the power supply network.

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10 March 2010

Water technology company Modern Water sees revenues grow with focus on China in 2009

AIM-listed Modern Water said its entrance into the Chinese market and the deployment of its technology in Gibraltar and Oman were key factors in the company moving towards commercialisation during 2009, its executive chairman Neil McDougall told NewNet.

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10 March 2010

Carmanah and ADB expand solar LED partnership

Canadian solar LED developer Carmanah Technologies Corporation and airfield technology company ADB Airfield Solutions are to expand a partnership agreement to include Europe, South America, the Middle East, Africa and Asia Pacific, focused on solar-powered LED airfield lights manufactured by Carmanah.

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9 March 2010

Chinese water treatment equipment maker Duoyuan Global Water appoints David Nickols as director

Chinese domestic water treatment equipment supplier Duoyuan Global Water has appointed engineering and construction specialist David Nickols to its board of directors.

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8 March 2010

Bergamo announces $500m Lebanese solar power project

Listed energy developer Bergamo Acquisition has announced a new, $500m solar power project for the Republic of Lebanon.

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5 March 2010

United Nations selects advisory group to mobilise climate change funds

The United Nations has selected members for a new international advisory group focused on climate change financing that will work towards mobilising funds discussed at the UN Climate Change Conference in Copenhagen last December.

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2 March 2010

Germany’s SolarWorld invests $500m in Qatar manufacturing base

Germany's largest solar firm by revenue SolarWorld is to expand its manufacturing base with a $500m investment into a Qatar production facility, in a move that will shield itself to upcoming changes in its domestic market.

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1 March 2010

German energy storage developer Heliocentris targets the Gulf

Berlin-based clean energy storage specialist Heliocentris Fuel Cells has secured a further order for the supply of its technology to the PAEET (Public Authority for Applied Education and Training) training centre in Kuwait.

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23 February 2010

Generation Investment Management invests $10m in driver safety technology firm GreenRoad

Driving safety technology company GreenRoad has secured $10m in financing from Generation Investment Management to support the expansion of its business.

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23 February 2010

UN schedules extra meeting to revive climate change talks

The United Nations will host an extra round of climate change takes in Bonn, Germany, this April in an effort to revive climate change talks.

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23 February 2010

Founders Club looks to recruit cleantech chairman ahead of portfolio launch

The Founders Club, a group of venture capital-backed CEOs and founders, is looking to recruit a cleantech chairman ahead of launching a dedicated portfolio, founder and general partner Andrew Romans told NewNet.

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18 February 2010

Israel to introduce feed-in tariff caps

Reports suggest that a new feed-in tariff incentive policy for solar power installations below 50KW, to be set up by the Israeli Public Utilities Authority, has been authorised by Israel's Minister of National Infrastructure.

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18 February 2010

UN climate change head Yvo de Boer to join KPMG

United Nations Framework Convention on Climate Change (UNFCCC) executive secretary Yvo de Boer will resign and join KPMG as climate change adviser in an effort to reach out to the business community after politicians failed to agree on binding measures at the Copenhagen summit.

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18 February 2010

eSolar looks East in Ferrostaal partnership to provide turnkey solar thermal plants

Californian solar power provider eSolar has signed a deal with Ferrostaal to provide solar power plants in countries around the world including Spain, United Arab Emirates and South Africa.

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16 February 2010

R&D firm 3M partners with new green technology innovator MAMA Sustainable Incubation

Technology innovation firm 3M has entered into a strategic relationship with MAMA Sustainable Incubation, a newly formed technology incubator based in Germany that specialises in developing solutions for the renewable energy markets. Financial terms of the transaction were not disclosed.

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