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16 May 2012

Solar manufacturer Moser Baer restructures $738m in loans and bonds

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.

16 May 2012

Skyline completes 3 California solar heating systems

US solar company Skyline Innovations has completed the installation of solar water heating systems on three residential buildings in California.

16 May 2012

Impax sees H1 loss, increases assets

Ian-Simm_Impax_170SQ 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.

16 May 2012

Conergy records 21% profit margin in Q1

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.

15 May 2012

A123 forecasts constraints ahead

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.

15 May 2012

Active Energy ‘cautious but confident’ after 2011 loss leads to biomass move

UK-based Active Energy Group has reported a £2.5m net loss for the 2011 financial year after writing off goodwill of £700,000.

15 May 2012

Ener-G Romania expansion will strengthen Eastern European roots, says MDp

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.

15 May 2012

Banks Renewables unveils £4.7m fund to support wind farm pledge

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.

15 May 2012

Nordex records first quarter loss, profit to lift in second half

German wind turbine manufacturer Nordex has made a €14m first quarter loss, compared to a €1.8m loss in the same period last year.

15 May 2012

Google-backed $4bn Atlantic Wind Connection passes key landmarkp

pylon_natgrid_170SQ 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.

15 May 2012

KiOR reports $16.8m Q1 net loss

nomoney_150412_170 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.

15 May 2012

Upsolar completes Italian PV arrays for schools

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.

15 May 2012

SPI Solar makes Q1 net loss

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.

15 May 2012

Tumbling prices impact Phoenix Solar results

german_flag_170SQ Tumbling prices and write-downs have impacted revenue at Germany-based Phoenix Solar.

14 May 2012

Hybrids pave the way for EV, but challenges remainp

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.

14 May 2012

UK’s Green Deal expected to succeed where FIT failedp

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.

14 May 2012

Ener-G expands Romanian operations

UK cleantech company Ener-G has expanded operations in Romania, bringing together two teams at a new office in Bucharest.

14 May 2012

Solar company Spire turns 2011 loss to Q1 profit

US solar company the Spire has recorded a first quarter net income of $3.4m, turning around last year’s loss of $1.5m.

14 May 2012

Clarity needed from UK government on renewable policyp

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.

14 May 2012

GERO brings online 28MW PV plant in Germany

GERO Solarpark has inaugurated its 28MW installation in Amsdorf near Halle after a construction time of just seven weeks.

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