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news

30 August 2012

Chinese solar company Yingli doubles losses in Q2

Chinese photovoltaic manufacturer Yingli Green Energy made a RMB573m ($90m) net loss in the second quarter, double the amount lost in the opening months of 2012.

30 August 2012

Biorefinery developer ZeaChem secures $29m

ZeaChem_170SQBiorefinery developer ZeaChem has secured $29m in additional funding through a combination of equity and warrants.

30 August 2012

OriginOil technology to be used in Japanese biofuel project

Japan’s Research Institute of Tsukuba Bio-tech, partner of US cleantech company OriginOil, has received government funding for an algae biofuel programme.

30 August 2012

Infigen sees $55.9m yearly loss

Renewable energy group Infigen has reported a $55.9m loss for the year ended 30 June but said it achieved debt amortisation.

30 August 2012

Creditors approve sale of Q Cells to Hanwha

The creditors of insolvent German solar company Q Cells have approved the sale of the business to South Korean conglomerate Hanwha Group.

30 August 2012

Suntech feels heat from Italian courts

China-based Suntech Power Holdings is under investigation after an Italian court filed criminal charges against the solar group’s investment fund, accusing it of illegally building solar farms to benefit from state subsidies.

30 August 2012

Germany addresses offshore wind grid delays with draft law

German Chancellor Angela Merkel has given the green light to a law that would accelerate the expansion of offshore wind as it continues its bid to move away from nuclear energy.

29 August 2012

Ormat Industries receives $310m loan from US government

Ormat Industries, a subsidiary of Ormat Technologies, has received a $310m loan from the US government’s Overseas Private Investment Corporation for its Olkaria III geothermal power plant in Kenya.

29 August 2012

UK’s Energy Committee urges support for China’s race towards low carbon futurep

The UK’s Energy and Climate Change Committee has urged the country to assist China in its low-carbon development.

29 August 2012

Scotland aims to raise global profile of marine energy activitiesp

A £10m competition scheme and a new marine energy park in Scotland highlights the region’s global ambition in the wave and tidal arena, with Saltire prize competitor Aquamarine Power telling NewNet this vision it something it also shares.

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