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7 January 2013

Indian developer aims to raise capital for portfolio build-outp

An India-based renewable energy producer with ambitious portfolio build-out plans is reportedly hoping to raise $150m over the next month.

7 January 2013

Suweco to open 9 hydro plans totalling 50MW

US-based renewable energy developer Sunwest Water and Electric (Suweco) is to open nine hydropower plants in Panay Island, Philippines, with a total generating capacity of 50MW.

31 December 2012

Duke to buy Chilean hydro assets for $415m

The international arm of US-based Duke Energy has agreed to acquire the Chilean division of hydro specialist CGE Group for $415m.

27 December 2012

New York opens $250m green project funding potp

New York Governor Andrew Cuomo has made $250m available for a broad range of renewable energy generation projects.

24 December 2012

NextEra to sell New Hampshire, Maine hydro assets to Brookfield Renewable Energy Partners

nextera_170SQ US-based NextEra Energy Resource will sell its hydro-generation assets in New Hampshire and Maine to a unit in Brookfield Renewable Energy Partners.

17 December 2012

EDF wins rights to build 219MW hydro dam in Brazil

Energias de Portugal (EDF) has won the rights to build and operate a 219MW hydroelectric dam in Brazil as well as the rights to expand the output of its project in Santo Antonio do Jari dam.

12 December 2012

Karachi aims to attract Spanish renewables investorsp

The Karachi Chamber of Commerce and Industry has called on investors in Spain to look towards the Pakistani city as a viable renewable energy opportunity.

12 December 2012

US energy groups get back on tax credit lobbying campaign in the US

whitehouse_170SQ A number of energy associations in the US have written directly to President Barack Obama calling for a change in the wording to the tax credits applied to renewable power saying an altering of the language would result in greater investment.

11 December 2012

Islamic Development Bank reveals plans for Asia, Africa clean power fundsp

The investment arm of the Saudi Arabia-based Islamic Development Bank, Islamic Corp. for the Development of the Private Sector, will launch a clean energy fund focused on Africa imminently after setting up a similar Asian vehicle in October.

10 December 2012

Siemens Bank ready to deliver long term renewables financing as others exit spacep

clock_170_170 Siemens Bank is one of the few financiers left in the market able to deliver long term support to renewable energy projects, according to Siobhan Smyth, who recently left HSBC to join German engineering group’s banking division.

10 December 2012

Vietnam Electricity lessens dependence on hydro, makes dash for coal power

Vietnam Electricity is set to reduce its dependence on hydropower by building a 28.5tn dong ($1.37bn) coal-fired electricity plant in the Mekong Delta province of Tra Vinh.

7 December 2012

PNM seeks renewable energy proposals for 2015p

New Mexico’s largest electric utility, the Public Service Company of New Mexico has issued a request for proposals for renewable energy projects that will decrease its dependence on fossil fuels.

28 November 2012

Altos Copco wins Columbian hydro deal

Sweden industrial group Atlas Copco has won a $10m contract to supply equipment for the second phase of Columbia’s largest hydroelectric project.

23 November 2012

Deal round-up: India deals shine as sector continues to wanep

Despite a report this week predicting that venture investments in cleantech will triple before 2030, deal flow continues to be intermittent at best. In India, however, investors do retain an air of confidence.

22 November 2012

Algeria aims to stimulate domestic green power industry with ambitious targetsp

alge Algeria is now actively marketing its ambitious renewable energy plans as it aims to become a hub for green power production and attract international investment.

20 November 2012

IRENA launches $350m renewable energy funding potp

International Renewable Energy Agency has launched a $350m fund with capital provided by the United Arab Emirates to boost the use of renewable energy in developing countries.

20 November 2012

NGP to invest billions in hydropower projects

New Generation Power (NGP) is set to invest billions of dollars to build four hydropower plants in Bosnia-Herzegovina close to the Serbian border.

20 November 2012

ADB stresses need for green growth as it loans India $315m for hydro plant

Asian Development Bank (ADB) president Haruhiko Kuroda has today stressed that Asia’s emerging markets need to diversify sources of growth in a green and inclusive way.

14 November 2012

Ghana to establish renewable energy fundp

The Ghanaian government is expected to set up a dedicated renewable energy fund to support public and private sector investment.

12 November 2012

Watch: Origin Energy AGM sees shareholders express frustration at lack of renewables investmentsp

origin_energy_170_170 Origin Energy, Australia’s largest power retailer, was today urged by its shareholders to place a greater emphasis on investments in wind and solar above gas and coal.

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