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27 January 2009

Institutional investors plan to increase allocations to clean energy funds in 2009, according to Almeida Capital report

Despite the severe downturn in the private equity markets and the corresponding reduction in liquidity, institutional investors - including pension funds, insurance companies and endowments - remain positive about cleantech and sustainable energy funds. The latest research by Almeida Capital, a specialist fundraising and placement firm, surveyed 150 of the most active and influential institutional investors worldwide in Q4 2008 about their investment plans for 2009.

27 January 2009

UK DECC on a mission to generate power from the Severn estuary

The UK Department of Energy and Climate Change has proposed a shortlist of schemes to generate clean electricity from the tidal waves in the Severn estuary.

27 January 2009

Marine Current Turbines, Minas Basin Pulp and Power team up on tidal power

UK tidal energy company Marine Current Turbines, has struck up a partnership with Canada's Minas Basin Pulp and Power Company to develop tidal power facilities in Canada's Bay of Fundy, Nova Scotia.

26 January 2009

Ocean Power Technologies, Lockheed Martin team up for tidal power plant

Ocean Power Technologies (OPT) and Lockheed Martin have teamed up to develop a utility-scale wave power generation project in the US.

26 January 2009

IBERDROLA set to build 1,200MW hydro utility

IBERDROLA is set to build a 1,200MW Alto Tamega hydro complex in Portugal.

26 January 2009

Tetra Tech provides National Environmental Policy Act support services

Tetra Tech has been awarded a nationwide contract to provide National Environmental Policy Act (NEPA) support services for the US Department of Energy, National Nuclear Security Administration and the Federal Energy Regulatory Commission.

23 January 2009

AccaGen receives €200,000 hydrogen system order

The Swedish engineering group Morphic subsidiary AccaGen has received an order for a hydrogen production system from toolmaker JV Bahco Bisov worth €200,000.

23 January 2009

US Secretary of the Interior issues order to accelerate renewable energy projects

US Secretary of the Interior Dirk Kempthorne has issued a Secretarial Order that permits the Bureau of Land Management to establish coordination offices to accelerate the use of wind, solar, biomass and geothermal projects.

22 January 2009

Paris Mouratoglou the latest addition to Renewable Energy Holdings’ board

Renewable Energy Holdings, an investor in renewable energy technologies, has appointed Paris Mouratoglou to the board of REH as non executive director, effective 1 February 2009.

20 January 2009

Carnegie, Australian Department of Defence team up to explore tidal energy

Carnegie Corporation, the CETO development partner of Renewable Energy Holdings, an investor and operator of renewable energy technologies, has signed an agreement with the Australian Government's Department of Defence (DoD).

20 January 2009

Ben Franklin Technology Partners offers clean energy grants

Ben Franklin Technology Partners has issued a proposal seeking individuals who wish to accelerate the commercialisation of clean energy technologies. Awards of up to $55,000 are available through a $250,000 grant given to Ben Franklin Technology Partners by the United State Small Business Administration.

16 January 2009

Vattenfall acquires 51 per cent stake in Pandion

Vattenfall has acquired 51 per cent of Pandion, an ocean energy company, for €500,000. Ocean energy developer Wavebob will retain the outstanding 40 per cent of Pandion.

15 January 2009

Catalyx Nanotech, Dudek explore graphite, hydrogen production

Catalyx Nanotech has teamed up with Dudek to explore high-grade graphite and hydrogen production with no by-products using a patented technology.

14 January 2009

UK Government gives four renewable projects the go-ahead

Four projects aimed at backing the UK's greenhouse gas emissions target were given the green light as part of a potential £1.1bn fund.

13 January 2009

Aquamarine Power appoints ABB to construct latest tidal energy technology

Aquamarine Power has appointed ABB, a power and automation technology specialist, to complete the electrical engineering design and construct the generating system for the company's tidal stream device, Aquamarine Neptune.

8 January 2009

Governor Fisher unveils $3.5m in grants for renewable energy

Lieutenant Governor Lee Fisher has made $3.5m in new grants available for hot water systems and wind technology, designed to benefit residential users.

8 January 2009

Constellation Energy’s Projects & Services Group wins DOE contract

Constellation Energy's Projects & Services Group has won an Indefinite Delivery Quantity Energy Savings Performance Contract from the US Department of Energy.

7 January 2009

US business leaders urge support for sustainable energy in Stimulus Bill

In a letter delivered today, 159 US businesses and organisations - joined by 61 individual activists - urged the members of the US Senate and the House of Representatives to focus on sustainable energy technologies and green jobs, but not nuclear power and fossil fuels, when it takes up consideration of the economic stimulus bill this week.

6 January 2009

Advanced Hydro raises $500,000 seed investment

US start-up Advanced Hydro has raised $500,000 in seed investment from venture capital firms Quercus Trust and 21 Ventures.

6 January 2009

Hydro Green Energy installs hydrokinetic turbines

US company Hydro Green Energy has installed one of two turbines at the nation's first commercial hydrokinetic power project. The second turbine is expected to be installed in the spring of 2009.

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