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Posts Tagged ‘biomass’

10 May 2011

Cycleenergy’s €18m fundraising cements expansion plans

Cycleenergy Biomass Power, which operates a group of biomass cogeneration plants in Austria, has raised €18m from private and institutional backers in its third round of fundraising.

9 May 2011

NewNet Investor Profile: Peter Dickson, BNP Paribas Clean Energy Partnersp

Launching a fund five days before the collapse of Lehman Brothers could be seen as ill-timed. For many, it would almost certainly lead to a reversal of plans and an end to fundraising activities. For green infrastructure investor BNP Paribas Clean Energy Partners and its technical director Peter Dickson, however, focusing its activities on renewable energy proved to be an unexpected redeeming feature.

5 May 2011

United Nations panel says renewable energy costs will drop: leaked report

Key findings from an upcoming climate change report released by the United Nations are expected to show that cost reductions in the renewable energy sector are likely to continue through to 2050, boosting their deployment.

27 April 2011

Metso wins €20m biomass conversion order in Poland

Finnish power technology provider Metso is to convert a coal-fired plant to biomass under a new €20m deal with energy provider EC Tychy.

19 April 2011

Helius Energy awards contracts for 7.5MW biomass plant

Helius Energy has entered into a full suite of construction contracts for its 7.2MW biomass project in Scotland, after it closed financing of the project earlier this week.

19 April 2011

Rentech to up stake in ClearFuels

Biomass gasification company Rentech is to exercise its option to increase its equity stake in biomass company ClearFuels Technology, which would leave it with a majority stake in the company.

13 April 2011

Europe’s biofuel rules encourage unethical practices, inquiry finds

European biofuel policies encourage unethical practices and are especially weak when it comes to reducing greenhouse gas emissions in developing countries, the results of an inquiry have shown.

11 April 2011

LitCapital commits €3m to Lithuanian bioenergy innovator

Venture capital fund LitCapital has invested €3m in Lithuanian bioenergy start-up UAB Lignoterma, signalling a new era for the country’s cleantech industry.

8 April 2011

RWE switches coal to biomass at UK 1GW plant

RWE, one of the UK’s largest energy generators, will convert a 1.05GW coal-fired power station in the UK to biomass, under new plans.

8 April 2011

Opcon Bioenergy secures repeat order in Czech Republic

Opcon Bioenergy has secured its first repeat order for plants that recycle waste heat within bioenergy applications in the Czech Republic.

29 March 2011

US slips to third place in cleantech investmentp

The US has fallen to third place in clean energy investment, behind China and Germany, according to a report by non-profit group the Pew Charitable Trusts.

29 March 2011

Deal round-up: Development banks step-up support for Asia cleantech

Global development banks have re-emerged over the past week to finance a due of renewable energy developments on the Asia continent; while the US showed renewed confidence in solar power and Europe stepped-up investment in biomass.

23 March 2011

Biomass company Rentech settles lawsuits

US-based biomass gasification process developer Rentech has reached settlement agreements on the class action lawsuits launched against its former directors.

21 March 2011

ReEnergy secures biomass supply in $61m Rumford Mill deal

US paper company Rumford, a subsidiary of coated paper manufacturer NewPage, has agreed to sell its cogeneration energy assets to integrated biomass fuel producer ReEnergy for $61m.

21 March 2011

A-Power bags $19m biomass contract

Distributed power system provider A-Power Energy Generation Systems has bagged an RMB125m ($19m) contract to construct the first phase of a combined heat and power plant in Shandong province, China.

18 March 2011

CoolPlanetBiofuels gets Series B backing from Google Ventures

California-based CoolPlanetBiofuels has received an undisclosed Series B investment from Google Ventures to accelerate the development of its technology.

14 March 2011

EPA proposes deferral of bioenergy Clean Air Act emissions rules

The US Environmental Protection Agency is proposing to defer Clean Air Act permitting requirements for carbon dioxide emissions from bioenergy and other biogenic sources for three years.

14 March 2011

A-Power wins $30.5m contract for Chinese biomass plant

Wind turbine and distributed generation system producer A-Power Energy has signed a RMB200.7m ($30.5m) deal to develop a 30MW biomass power plant in China.

8 March 2011

A-Power initiates Thai biomass project

China-based distributed power and wind developer A-Power Energy Generation Systems said it will begin implementing power equipment for a 150MW biomass plant in the Thai province of Prachinburi after securing down payment for the project.

3 March 2011

Biomass company Nexterra raises $15m in venture funding

Canadian biomass system provider Nexterra has raised $15m in equity funding from growth capital firms Tandem Expansion Fund and ARC Financial.

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