New Energy World Network: Connecting Investors, Innovators & Deal-Makers worldwide
New Energy World Network: Connecting Investors, Innovators & Deal-Makers worldwide
9 May 2012
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Israeli wind innovator needs seed financing to move out of lab - 24 May 2012
Energy savings company may raise cash for M&A activity - 24 May 2012
US energy storage company talks of future funding plans - 23 May 2012 Serbian businesses to benefit from new energy efficiency funding scheme - 24 May 2012
Bahrain poised to attract $20bn in energy investments - 24 May 2012
Iowa transmission line developer to begin negotiating with potential customers - 24 May 2012
Israeli wind innovator needs seed financing to move out of lab - 24 May 2012Energy savings company may raise cash for M&A activity - 24 May 2012US energy storage company talks of future funding plans - 23 May 2012
Application developer for the solar industry outlines future financial plans - 23 May 2012
US biofuel developer seeks $2m in investment - 22 May 2012Advanced materials developer announces possible fundraising opportunity - 22 May 2012 Serbian businesses to benefit from new energy efficiency funding scheme - 24 May 2012
Bahrain poised to attract $20bn in energy investments - 24 May 2012
Iowa transmission line developer to begin negotiating with potential customers - 24 May 2012
Cleantech fund still to secure $50m in LP commitments - 24 May 2012
Fuel cell, wind businesses go up for grabs - 23 May 2012
Partner businesses sought to tap Aussie clean energy pot - 23 May 2012
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Enel Green Power North America, the US renewables arm of Italian utility Enel, has begun construction of a geothermal plant in Cove Fort in southern Utah, which will need a total investment of $126m. 
Japanese technology company Fuji Electric has invested $10m into a geothermal project being developed in Imperial County, California, by EnergySource. 
US cleantech company Ormat Technologies has been selected to provide engineering, procurement and construction services on a Nevada geothermal plant, in a deal worth $61.2m. 
The African Development Bank and Kenya’s state-owned Geothermal Development Company have launched the Menengai geothermal project. 
Greater inter connectivity will deliver real savings and also underpin the UK’s energy security the Energy Networks Association told NewNet after news surrounding the world longest interconnecting cable between Iceland and the UK was released last week. 
Kenya’s principal state-run geothermal developer hopes to secure $750m in order to drill a 3GW installation in 2013. 
A geothermal development company will look to raise $163.9m via corporate notes in order to refinance old debt. 
Eight states across the US now have active geothermal projects with California leading the way, a new report has found.
Geothermal company Ram Power has signed an agreement for worth up to $42m with the International Finance Corporation to finance a binary unit at the company’s San Jacinto-Tizate Project near Leon, Nicaragua. 
Enel Green Power has been awarded with three geothermal exploration concessions in Chile in a major expansion of its activities in the country. 
FIMI ENGR (FIMI) has paid $79.6m to seal a deal in which the company will buy 11.7 per cent of Bronicki Investments’ (BIL) interest in the geothermal company Ormat Technologies. 
Australian-based Wasabi Energy has announced it is expanding its footprint in the South African market by taking a 25 per cent interest into carbon assets management group AAP Carbon Holdings. 
US-based Arrow Resources Development has joined forces with The Asian Development Bank to begin its testing process for the construction of a Geothermal Power Plant, in the Pacific Basin. 
The broader mandates within which European institutional investors work mean they are often more open to committing capital to the renewable energy space, according to Alterra Power, which has recently proved successful in securing financing from Icelandic pension funds. 
Indonesian state-owned electricity utility PT. PLN has formed long-term power purchase agreements for electricity from two geothermal plants being built with a 440MW capacity. 
Eastern Caribbean nations have called for additional funds to support efforts to tackle the effects of climate change. 
With the US presidential elections on the horizon, issues surrounding energy are moving up the campaign agenda and cleantech stocks seem to be creeping up slowing as well. 
An Australian renewable heat specialist will look to attract the eye of US investors as it releases American Depository Receipts on over-the-counter platform OTCQX. 
Kenya’s dominant electricity provider has revealed plans to raise $12bn and set up international joint ventures in order to fund the development of six geothermal plants. 
Turkey's power sector will witness considerable growth in coming years, according to a new report, supported by an extremely favourable and facilitative government policy and regulatory regime. 
