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29 March 2010

German solar manufacturer Odersun appoints new COO

Berlin-based solar cell manufacturer, Odersun has appointed Frank Prein as its new COO and as a member of its board of management.

26 March 2010

NREL and technology company 3M sign agreement for renewable energy research

The US Department of Energy's National Renewable Energy Laboratory (NREL) has announced a series of cooperative biofuel research and development agreements with Minnesota-based technology company 3M.

26 March 2010

Waste processor AW Jenkinson Forest Products and the Stobart Group create UK biomass distribution venture

UK green waste processor AW Jenkinson Forest Products has created a new joint venture with UK multimodal logistics company the Stobart Group to source and distribute biomass fuel to the UK's renewable energy market.

26 March 2010

Investing non-directly proves popular in private equity, experts say

Non-direct plays in the clean technology space are becoming popular in the private equity space, according to speakers at the recent NewNet Clean Energy LP-GP Forum

26 March 2010

Columbian integrated biofuel company Ecopetrol elects government to its board

Colombia's integrated biofuel, oil and gas company, Ecopetrol, has elected a number of representatives from the government of Columbia to its board and distributed an annual per share dividend payment of COP91 ($0.05).

26 March 2010

FTSE 350 companies fail to report carbon data, study showsp

The majority of FTSE 350 companies are not providing sufficiently credible sustainability and carbon data, according to a new report.

26 March 2010

New Generation Biofuels’ increased revenues and decreased losses mirror escalating biofuel production and sales

NASDAQ-listed renewable fuels provider New Generation Biofuels Holdings, based in Maryland, US, has reported increased revenues with decreased losses and expenses year-on-year for the final quarter of fiscal 2009, paralleling an increase in biofuel production and sales.

26 March 2010

UK feed-in tariffs to generate ten per cent returns, investment bank says

The UK's feed-in tariffs (FITs) will generate up to ten per cent in pre-tax index-linked returns for the solar industry, even before today's immature installation infrastructure reduces costs, according to a research note by investment banking group Nomura Code.

26 March 2010

Hydrogenics remains optimistic for 2010 as losses subside

NASDAQ-listed Canadian hydrogen fuel cell developer Hydrogenics CEO Daryl Wilson said he remains optimistic about the outlook for 2010 after the company experienced an increase profits following gains in the fourth quarter of 2009.

26 March 2010

Enfinity expands its Indian front in collaboration with Indian conglomerate Videocon Group

Global renewable energy developer Enfinity has signed a strategic collaboration agreement with Indian conglomerate Videocon Group, which is active in the power, retail and consumer electronics sector, to develop large-scale Indian projects in solar energy.

26 March 2010

Siemens Energy to set up Israeli solar component facility to cope with new orders

The energy arm of electrics giant Siemens, Siemens Energy, is expanding its international breadth by investing in a new solar thermal components facility in Israel due to come online in 2012, while accruing new Spanish solar receiver orders.

26 March 2010

Fitch predicts optimistic outlook for US geothermal company OrCal

The outlook for geothermal company OrCal Geothermal looks positive, as Fitch Ratings has affirmed the company's BBB-rating (better business bureau) for $165m senior secured notes due in 2020, saying the rating outlook for the company looks stable and that it has no reason to believe its financial performance will differ from original projections.

26 March 2010

Siemens Energy to conduct carbon capture study at Longview Power coal plant

GenPower Holdings' energy subsidiary Longview Power has selected Siemens Energy to conduct a carbon capture study on its 695MW electrical power generating facility under construction in Maidsville, West Virginia also called Longview Power.

25 March 2010

Hydrogen fuel supplier Air Products to build fuelling station at third UK university

Hydrogen fuel station manufacturer Air Products said it will install its Series 100 fuelling station at Coventry University this month.

25 March 2010

US clean energy investors see opportunities in downstream assets

US clean energy investors are eyeing investments in downstream companies as they remain bullish on the service side of the business.

25 March 2010

Global solar developer OPEL International remains optimistic despite increased losses

OPEL InternationalOPEL International, a global developer and supplier of photovoltaic solar panels, said it remains optimistic despite reporting its 2009 revenue suffered as a result of the global economic downturn.

25 March 2010

American Solar Electric and Fronius USA sign supply agreement

Arizona-headquartered solar system designer American Solar Electric and global solar electronics company Fronius USA have committed to a photovoltaic (PV) inverter supply agreement that calls for Fronius to supply American Solar Electric with enough high-efficiency inverters to support the generation of more than 2.3MW.

25 March 2010

Danish wind turbine developer Vestas signs deal with We Energies for 145MW Glacier Hills Wind Park

Danish wind turbine developer VestasDanish wind turbine developer Vestas has received an order from US energy distributor We Energies for 81 1.8MW V90 wind turbines for the Glacier Hills Wind Park in Wisconsin, US, including a two-year service agreement.

25 March 2010

Solar wafer maker PV Crystalox Solar cuts dividend as profits slide

UK solar wafer and ingot manufacturer PV Crystalox Solar told NewNet it cut its dividend to reinvest back into the business as it reported an EBIT slide of 53 per cent in 2009.

25 March 2010

GE canvases €340m for EU offshore wind, launches UK manufacturing base

NYSE-listed global infrastructure, finance and media company GE plans to invest around €340m in its European wind turbine manufacturing, engineering and service facilities.

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