company news
16 May 2012
Solar manufacturer Moser Baer India will restructure $738m loans and bonds in a bid to stay afloat after a supply surge claimed at least ten US, German and French panel makers.
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16 May 2012
US solar company Skyline Innovations has completed the installation of solar water heating systems on three residential buildings in California.
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16 May 2012
UK environmental infrastructure investor Impax Asset Management has recorded a first half revenue of £9.2m, slightly down on the £9.9m achieved in the same period last year.
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16 May 2012
After a rocky year, Hamberg, Germany-based Conergy has reported a 21 per cent gross profit margin in the first quarter of 2012, as well seeing a positive net cash flow of €5m for the first time since its IPO in 2005.
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15 May 2012
Lithium-ion battery maker A123 Systems said it expects production capacity to be constrained over the next several quarters as it recovers from a recall of defective battery packs that seriously impacted its quarterly loss.
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15 May 2012
UK-based Active Energy Group has reported a £2.5m net loss for the 2011 financial year after writing off goodwill of £700,000.
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15 May 2012
Ener-G managing director Derek Duffill told NewNet he will use the company’s recent expansion in Romania to further strengthen its grounding in Eastern Europe.
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15 May 2012
UK clean energy developer Banks Renewables has unveiled a £4.7m community package for residents in South Lanarkshire, Scotland, which would be derived from the 76MW Middle Muir wind farm.
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15 May 2012
German wind turbine manufacturer Nordex has made a €14m first quarter loss, compared to a €1.8m loss in the same period last year.
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15 May 2012
A Google-backed $4bn transmission plan that would see power produced at mammoth wind farms off the US East Coast has passed a major hurdle, with the Department of the Interior concluding there is no competitive interest.
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15 May 2012
Biofuels company KiOR made no money in the first quarter of the year and as such saw losses of $16.8m or $0.16 per share, compared to a net loss of $14.9m for the fourth quarter of 2011.
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15 May 2012
Upsolar has completed installation of two photovoltaic rooftop arrays for schools in the Italian town of Sestri Levante, around 20 miles south-east of Genoa.
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15 May 2012
US company SPI Solar made a $300,000 net loss in the first quarter, an improvement of the $1.9m loss made in the same period last year.
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15 May 2012
Tumbling prices and write-downs have impacted revenue at Germany-based Phoenix Solar.
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14 May 2012
The mass adoption of electric vehicles is a few years off but hybrid models are paving the way, according to one expert involved in developing the charging infrastructure necessary to usher in low carbon cars.
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14 May 2012
The Green Deal will provide the platform to create long-term employment in the UK, not the boom and bust of the photovoltaic feed-in tariff, according to one company looking to capitalise on the scheme.
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14 May 2012
UK cleantech company Ener-G has expanded operations in Romania, bringing together two teams at a new office in Bucharest.
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14 May 2012
US solar company the Spire has recorded a first quarter net income of $3.4m, turning around last year’s loss of $1.5m.
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14 May 2012
An increased deployment of renewables and the drive towards efficiency is providing a much-needed boost to the UK’s trade industry, but government policy still needs to be clarified, according to one expert.
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14 May 2012
GERO Solarpark has inaugurated its 28MW installation in Amsdorf near Halle after a construction time of just seven weeks.
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