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25 May 2012

Deal round-up: Cleantech innovators close funding roundsp

This week has seen encouraging news around the globe with many cleantech companies securing millions in investment as their financing rounds draw to a close

25 May 2012

Primary Energy Recycling closes $110m credit facility

Primary Energy Recycling, a TSX-listed company focused on capturing and recycling recoverable heat from industrial processes, has closed a $110m credit facility.

25 May 2012

Chinese small-scale turbine producer reaches out to potential distribution partnersp

A Chinese wind energy company is reaching out to regional distributors to grow its international activities.

25 May 2012

Atraverda partners with Sharp for solar storage project

UK energy storage company Atraverda has been selected to partner with Sharp Laboratories Europe and Sharp UK Manufacturing for the Intelligent Solar Energy Storage project.

25 May 2012

Energy efficient technology provider edges towards financing closep

A Texas-based company developing an oxygen transfer technology is nearing the close of an equity investment round with just $300,000 still to secure.

25 May 2012

US energy storage company nears halve way point for $20m financing roundp

dollarbill_2003152_170 A US-based energy storage company has closed additional capital towards its $20m funding round, securing a total of $8.95m so far.

25 May 2012

Israel Cleantech leads $6m investment into AcousticEye

Israel Cleantech Ventures has led a $6m financing round into Acoustic Eye, a company focused on developing non-invasive tube inspection for the global heat exchanger market.

25 May 2012

Frank Lloyd Wright Foundation, First Solar and Big Green Zero join for PV solar system

The Frank Lloyd Wright Foundation has inaugurated a new 250kw solar photovoltaic (PV) power system donated by First Solar.

25 May 2012

Evcarco completes The Third Stone acquisition

Green transport specialist Evcarco has completed the acquisition of The Third Stone, a consumer-oriented software provider.

25 May 2012

Moventas wins €80m deal from Areva Wind

windmills_gathered_170SQ Finnish wind turbine component-maker Moventas has supplied two 5MW offshore gears to Areva Wind and secured an €80m follow-on agreement for future deliveries.

25 May 2012

Azure Power raises $70m funding for solar plant

Indian solar company Azure Power has raised $70.35m from the US Export Import Bank for a new plant at Nagaur, Rajasthan.

24 May 2012

Cleantech start-ups join New York accelerator scheme

Three new start-up companies have joined the New York City Accelerator for a Clean and Renewable Economy (NYC ACRE) at NYU-Poly.

24 May 2012

Smart metering specialist GreenPocket closes $3.5m Series B round

mobilephone_170_170 Smart metering specialist GreenPocket has secure €3.5m of Series B financing led by NRW.Bank.

24 May 2012

Serbian businesses to benefit from new energy efficiency funding schemep

green Private businesses and public utility companies operating throughout Serbia are set to benefit from an energy efficiency loan programme after domestic bank Komercijalna Banka signed a €23m loan agreement with the Green for Growth Fund Southeast Europe.

24 May 2012

Khosla leads $15m Series B round of Liquid Metal Battery

greenbattery_170sq Cleantech innovator Liquid Metal Battery has raised an additional $15m in funding, completing its Series B round, led by Khosla Ventures.

24 May 2012

Vestas signs global deal with methanol producer Methanex

Vestas has signed a global agreement with Latin American methanol producer Methanex to collaborate on wind development.

24 May 2012

Bahrain poised to attract $20bn in energy investmentsp

Renewable power pilot projects are part of Bahrain’s efforts to see $20bn of investment flow into its energy sector over the coming 15 years.

24 May 2012

Iowa transmission line developer to begin negotiating with potential customersp

pylon_natgrid_170SQ Transmission line developer Clean Energy Line has obtained a key regulatory agreement for the Rock Island 500-mile transmission project, which means it can begin negotiating service agreements with potential customers.

24 May 2012

Covanta and GMB to join forces for waste-to-energy plant in UK

UK trade union GMB and waste-to-energy company Covanta Energy have signed an agreement to support the development of Convanta’s Ince Park in the north west of England.

24 May 2012

Infrastructure investors pick power generation over transmission in India, says expertp

transmission1_170_170 Infrastructure investing in India has been focused on new energy generation as opposed to improving the transmission side of the power sector, a leading investor in the space said.

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