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16 May 2012

Big is beautiful in offshore wind, Dong tells NewNetp

Dong_offshore_170SQ1 A consistent pipeline of European offshore wind projects is helping large players to bring the cost down, Bent Christensen of Dong Energy told NewNet, but he warned the industry still faces major challenges.

16 May 2012

AFC to invest in power projects across Africap

africa2_170_170 Africa Finance Corporation, a hybrid investment bank and multilateral development financial institution, has revealed it is looking to invest in a number of energy projects across the continent.

16 May 2012

ADB raises $339m from second clean energy bond sale

loan_160512_170 The Asian Development Bank (ADB) has raised $339m from its second sale of Clean Energy Bonds to Japanese retail investors.

16 May 2012

Ambient selected to take part in UK smart grid trial

US smart grid specialist Ambient has been selected to take part in a UK project as part of the Low Carbon Network Fund programme.

16 May 2012

Solar Trust of America cleared for asset salep

blythe_170sq The would-be developer of the world’s largest solar project Solar Trust of America has won approval to sell virtually all of its assets having filed for bankruptcy protection last month.

16 May 2012

Bahamian ocean thermal project needs local investorsp

The developers of a proposed renewable energy plant set to be built in The Bahamas is hoping to partly-finance the scheme by local investment commitments.

16 May 2012

Timar to invest $800m in Malaysian wind

Malaysia-based Timar Wind Solar Energy Group will invest $800m in developing the wind power industry in the south-central province of Ninh Thuan.

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

Bioenergy developer TMO Renewables appoints David Weaver as CEO

UK bioenergy company TMO Renewbles has appointed David Weaver as its new CEO.

16 May 2012

Smart grid innovator en route to closing $2m financing roundp

Grid1_170_170 A smart grid specialist based in Colorado has begun fundraising towards a $2m investment round, and already has $510,000 of commitments.

16 May 2012

Wattner purchases PV plant for €8m

German clean energy investor Wattner has purchased a 3.9MW solar plant in Germany for €7.9m.

16 May 2012

Clean Currents, SolarCity partner to offer free PV

solarstock4_170 US green energy supplier Clean Currents has partnered with SolarCity to allow consumers to pay for photovoltaic (PV) installations through their utility bills.

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

HgCapital, RidgeWind reach financial close of 20MW wind project with £36m RBS loan

wind_turbine_170_170 European private equity firm HgCapital and its portfolio company RidgeWind have reached the financial close of its 20.5MW Wandylaw wind project in Northumberland, England with Royal Bank of Scotland providing a £36m project financing loan.

16 May 2012

UK urged to prioritise low carbon export potential

A failure of the UK government to push forward low carbon growth is undermining the potential for green exports by the country’s technology companies.

16 May 2012

Western Wind buys rights to 4GW project pipeline

Western Wind Energy has executed a term sheet with Champlin/GEI Wind Holdings to purchase the rights and title to a 4GW wind energy development pipeline, with near term projects in Hawaii and Utah, for $20m.

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

PV manufacturer Suntech wins 120MW order

Chinese photovoltaic manufacturer Suntech has been contracted to supply 120MW of panels to Krannich Solar throughout 2012.

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