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23 April 2009

Raser Technologies establishes new US geothermal power plant

Energy technology company Raser Technologies, Inc., together with Utah Governor Jon Huntsman, have formally opened its Hatch geothermal power plant near Thermo, Utah.

23 April 2009

Private equity firm Hudson Clean Energy Partners appoints GP advisory board

Private equity firm Hudson Clean Energy Partners has appointed energy and finance veterans Robert Catell, Michael Eckhart, Richard Green, Alexander Karsner, George Lindemann, Joseph McConnell and Edward Miller to its GP advisory board.

23 April 2009

Carbon capture and storage company Powerspan closes $50m in new financing

Powerspan Corp., a clean energy technology company, has closed over $50m in new financing from a group of new investors including George Soros, Tenaska Energy, Inc., investment management firm AllianceBernstein, and private equity firm Persimmon Tree Capital, and returning investors NGEN Partners, The Beacon Group, The Tremont Group, RockPort Capital Partners LP, Calvert, Angeleno Group, Fluor Corporation and FirstEnergy Corp.

23 April 2009

EBRD signs €29m loan agreement with Megawatt Baltica for Polish wind farm

The EBRD has signed a €29m loan agreement with Megawatt Baltica to support a 50MW wind farm project in Poland which is due come online at the end of this year.

23 April 2009

FPL Group signs solar power supply agreement with SunPower

FPL Group and SunPower Corp. have agreed a supply agreement for SunPower's solar panels beginning in 2010, up to 2012. In addition, SunPower has separately committed to locating a research and development center in Florida, if the state continues its robust solar programme, the company said.

23 April 2009

Solar energy provider SunEdison signs REC Solar as first channel partner

SunEdison, a Californian solar energy services provider, has signed national integrator REC Solar as its first channel partner.

23 April 2009

Evolution Solar Corp to team up with US companies to expand market share

US solar energy technology company Evolution Solar Corporation has identified US partners with whom the company can apply for major grants under the alternative energy provisions of the $800bn stimulus package.

23 April 2009

US Vice President Joe Biden pledges $300m to electric vehicles programme

US Vice President Joe Biden said $300m in funding from the American Recovery and Reinvestment Act would be made available for state and local governments to expand the nation's fleet of electric vehicles. This funding is in addition to the Department of Energy's vow to pledge $11bn to energy efficiency programmes.

23 April 2009

Deloitte’s environmental tax team believes the Budget fails to improve existing tax measures

Following Chancellor Alistair Darling's declaration in his Budget statement that the government would support a low-carbon industry, Michele Hood of Deloitte's environmental tax team believes that the Chancellor failed to improve the tax measures currently in place.

23 April 2009

T Boone Pickens welcomes President Obama’s support for renewable energy

T Boone Pickens offered his measured support for President Obama recent speech on the US' plans for a green economy.

23 April 2009

Energy Investors Fund acquires biomass project from Tamarack Energy

Energy Investors Fund, a private equity fund manager in the US energy and electric power sector, has acquired Watertown Renewable Power from Tamarack Energy through its United States Power Fund III. EIF declined to disclose financial terms

23 April 2009

Solar company Spire Corporation upgrades and expands Massachusetts facility

Spire Corporation, a global solar equipment company, has upgraded and expanded its Advanced Technology Center in Massachusetts, US.

23 April 2009

First Wind obtains financing for Milford I Wind Project

First Wind, an independent North American wind energy developer, has obtained a $376m financing for its 203.5MW Milford Wind Corridor Phase I project in the US, in Milford, Utah.

22 April 2009

Exelon and SunPower Corp team up to install 10MW PV solar plant in Chicago

US electric utility Exelon and SunPower Corp. have joined forces to develop the nation's largest urban solar power plant in Chicago, US. The 10MW solar photovoltaic site is expected to be completed by the close of 2009.

22 April 2009

Energy solutions developer PaceControls appoints Stephen Costantino as CEO and executive vice president

PaceControls, an energy-saving HVACR solutions developer, welcomed Stephen A Costantino on board as executive vice president and CEO.

22 April 2009

First Wind gets the go-ahead for Maine wind project

First Wind, a US wind power developer, has received approval from the Maine Department of Environmental Protection for its 60MW Rollins Wind project in Maine, US following a permit application filed in October 2008.

22 April 2009

UK Government pledges billions in support of renewable energyp

In today's budget address, Chancellor Alistair Darling announced measures to support the UK's burgeoning green economy. These included £1bn in support of the fight against climate change and a commitment for the UK to cut CO2 emissions by 34 per cent by 2020.

22 April 2009

UK waste-to-energy business New Earth Energy welcomes three new members

New Earth Energy, a UK waste-to-energy company, has welcomed three new members of senior management on to the team.

22 April 2009

Sierra Geothermal Power Corp and Da’naxda’xw/Awaetlala Nation sign geothermal agreement

Sierra Geothermal Power Corporation has signed an agreement with Da'naxda'xw/Awaetlala Nation to develop geothermal power projects in their traditional lands within British Columbia, Canada.

22 April 2009

Sunrise Solar Corp offers energy efficient lighting to cities

US solar company Sunrise Solar Corp. has teamed up with Barker Communications to deliver 50 per cent more efficient lighting options to cities and agencies concerned about high energy consumption.

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