company news

28 January 2009

Suntech Power, Standard Solar sign up to 5MW supply agreement

Suntech Power Holdings, a manufacturer of photovoltaic modules, and Standard Solar have entered an agreement by which Suntech will supply up to 5MW of solar panels to the Maryland-based solar developer during 2009.

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28 January 2009

Biological Sciences Research Council invests £27m into bioenergy

The UK has ploughed its biggest investment in bioenergy research, with the Biotechnology and Biological Sciences Research Council (BBSRC) launching a $27m Sustainable Bioenergy Centre.

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28 January 2009

The GridWise Alliance welcomes five new directors to the board

The GridWise Alliance, a coalition of companies and organisations in the US backing the development and deployment of a smart electricity grid, has appointed a new board of directors.

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28 January 2009

South Jersey Gas launches green jobs initiative

South Jersey Gas, a subsidiary of US company South Jersey Industries, has filed a petition for an initiative that seeks to create ‘green' jobs.

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28 January 2009

Electric Power Research Institute studies feasibility of carbon capture technology

The Electric Power Research Institute has been joined by five electric utilities in the US and Canada to host studies of the impacts of attaching carbon dioxide capture technology to existing coal-fired power plants.

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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.

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27 January 2009

enXco signs agreement with Carrier Clinic to supply solar power

enXco, an EDF Energies Nouvelles company, has signed a 25-year agreement with Carrier Clinic, a healthcare system in New Jersey, US, to develop a solar photovoltaic array that is projected to reach up to 1.9MW when completed.

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27 January 2009

Evolution Solar welcomes Obama’s New Energy Plan

Solar energy technology company Evolution Solar Corporation has welcomed President Obama's New Energy Plan. The plan is designed to create millions of new jobs and help the US in its bid to limit its energy dependence on foreign sources, dramatically reduce carbon emissions and stimulate the economy.

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27 January 2009

Denver’s Driving Change leads to fall in CO2 emissions

Driving Change, the first internet-based vehicular greenhouse gas tracking system, said it has witnessed a significant reduction in emissions across the city of Denver as a result of online feedback on how driving behaviour impacts the environment and fuel costs.

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27 January 2009

SkyPower Corp’s wind farm selected by Ontario Power Authority

Renewable energy developer SkyPower Corp's proposed 64.5MW Byran Wind Project has been selected in the Ontario Power Authority's Renewable Energy Supply (RES III) supply process.

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27 January 2009

Canada blown away with the arrival of two new 99MW wind farms

Renewable Energy Systems Canada, an affiliate of RES Americas, and the Ontario Power Authority have joined forces to develop and construct the Talbot and Greenwich Wind Farms.

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27 January 2009

Private equity-backed waste energy company to build Scottish biogas plant

UK buy-out specialist Matrix Private Equity Partners has facilitated one of the first large scale biogas waste energy projects in the UK, through its investment in Monsal, which it backed as part of a £5m MBO in 2007.

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26 January 2009

Entech Solar appoints Kent Van Houten as CFO

Entech Solar, a provider of solar energy systems, has appointed Kent Van Houten as CFO, with immediate effect.

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26 January 2009

Cyclone Manufacturing creates jobs with greener approach

Ontario-based company Cyclone Manufacturing is creating 133 jobs by investing in environmentally-friendly products.

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26 January 2009

Sunrise Solar Corporation turns its attentions to Mexico

Sunrise Solar Corporation is looking into providing solar power resources to two large hospitals in Mexico.

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26 January 2009

Green St.Energy acquires land to generate wind power

Green St. Energy has completed the acquisition of 160 acres of land in California for the production of wind energy.

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26 January 2009

New Generation Biofuels, First Florida Biofuels team up to explore biofuel projects

New Generation Biofuels Holdings, a renewable fuels provider, has signed an agreement with First Florida Biofuels to pursue development of potential biofuel projects in Florida.

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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.

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26 January 2009

Renewable Energy Corp appoints Tore Torvund as executive vice president

Norwegian company Renewable Energy Corp has appointed Tore Torvund as executive vice president, following news that Gøran Bye, the current executive vice president will be leaving his position in February 2009.

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26 January 2009

NextEra Energy Resources secures financing for Aquilo

Aquilo LP, a wholly-owned subsidiary of NextEra Energy Resources, part of the clean energy FPL Group, has entered into a CAD$94.6m limited-recourse senior secured variable rate term loan maturing at the close of 2023.

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