Posts Tagged ‘biomass’

16 June 2009

Sustainable energy company Econcern’s core activities to be taken over by Eneco

Sustainable energy company Econcern, has entered into bankruptcy proceedings. Econcern is the holding company of Ecofys, Evelop, Ecostream, OneCarbon and Ecoventures.

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15 June 2009

Swedish waste energy company EcoEnergy and Ukrainian government sign €20bn agreement on construction of green energy facilities

Swedish waste energy company EcoEnergy Scandinavia and the Ukrainian government have signed an agreement on constructing and operating waste incineration plants in the country.

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15 June 2009

US announces $57m in government grants for biomass energy projects

US Agriculture Deputy Secretary Kathleen Merrigan has announced projects funded by the American Recovery and Reinvestment Act (ARRA) for wood-to-energy and biomass utilisation. These 30 projects are located throughout 14 states, with funding totaling $57m - $49 m for wood-to-energy grants and $8m for biomass utilisation.

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12 June 2009

GreenHunter Energy’s largest institutional shareholder voluntarily converts existing preferred stock into common stock

Greenhunter Energy, Inc., a diversified renewable energy company focused on wind development projects, biomass power generation and the production of biodiesel, has announced that its largest institutional investor, West Coast Opportunity Fund, has elected to convert a significant portion of its Series A convertible preferred stock into common stock.

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11 June 2009

New renewables survey shows south west UK is embracing renewable fuelp

The annual Survey of Renewable Electricity and Heat Projects in South West England, carried out by south west sustainable energy agency Regen SW, shows that heat from renewable sources has risen by 36 per cent to 56MW, while electricity from renewable sources has grown by just 2.89MW to 155MW.

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11 June 2009

PDM establishes UK food-chain recycling joint venture with SARIA Bio-Industries

PDM Group has joined forces with European food-chain recycling businesses, SARIA Bio-Industries, to introduce its anaerobic digestion operation to the UK, operating under the name ReFood UK.

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10 June 2009

City of London launches initiative to convert food waste into biofuel

The Mayor of London, Boris Johnson, has launched a major initiative to convert London’s food waste into biofuel to cut landfill rates and carbon emissions.

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10 June 2009

Global Energy Holdings informed by NYSE Amex of possible delisting

Diversified renewable energy company Global Energy Holdings Group, Inc. has received notice from the NYSE Amex that the company is not in compliance with listing standards, as it has sustained losses, which may result in a delisting of its stock.

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9 June 2009

E.ON to build 150MW biomass power plant in Bristol, UK

UK power and gas company E.ON has announced plans to a biomass-fired plant in Bristol, England. The 150MW proposed Portbury Dock Renewable Energy Plant would generate enough power to supply more than 200,000 homes by burning carbon neutral wood, the company said.

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9 June 2009

Axis Private Equity invests $11m in Indian renewable energy company

Axis Private Equity, a division of the Indian private bank, has invested INR540m ($11.4m) in Shalivahana Green Energy Limited (SGEL), a renewables company which focuses on the biomass and small hydro power projects, according to reports.

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8 June 2009

Biomass energy company Waste2Energy completes reverse-merger with Maven Media Holdings

Maven Media Holdings, Inc. has completed a reverse-merger with renewable energy company Waste2Energy, Inc. The company is in the process of changing its name to Waste2Energy Holdings, Inc., at which time it will also receive a new trading symbol, according to a statement.

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8 June 2009

UK announces grants for anaerobic waste energy programmes

UK Environment Secretary Hilary Benn has announced five successful projects are to receive government grants to create energy from organic waste, such as food.

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8 June 2009

Renewable energy company GreenHunter Energy appoints Ronald D Ormand to board of directors

GreenHunter Energy, Inc., a diversified renewable energy company focused on wind development projects, biomass power generation and biodiesel production has appointed Ronald D Ormand to the company's board of directors.

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4 June 2009

Europe’s 2020 renewable energy targets could create 2.8 million new jobs and boost the economy

Hitting the European 2020 renewable energy targets is expected to create 2.8 million jobs in the sector and generate a total value of around 1.1 per cent of GDP, according to the European Commission's study on the impact of renewable energy policy on economic growth and employment.

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3 June 2009

Welsh research project seeks to develop biofuel from grass

Welsh scientists are working on a research project to turn grass into a green transport fuel. The £1m ‘Grassohol' research project aims to develop commercially and economically viable processes to make ethanol from perennial ryegrass - the most commonly sown grass in the UK which is normally used for grazing or silage.

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2 June 2009

Investment in innovation vital for clean technology and renewable energy companies to prosperp

Private investment in energy innovation is vital, with commitments also required from corporations and public pension funds going forward, according to speakers and delegates at the NewNet Private Equity and Venture Capital Clean Energy Investor Forum.

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1 June 2009

US venture capital funds Burrill & Company and Khosla Ventures invest in biomass technology company HCL CleanTech

US venture capital firms Burrill & Company and Khosla Ventures have invested in biomass technology company HCL CleanTech, a US company and its Israeli subsidiary founded by Professors Avram Baniel, Professor Ari Eyal and Eran Baniel. Burrill & Company and Khosla Ventures were joined in this Series A round of financing by Zohar Gilon, the lead seed investor, alongside company founders. The proceeds will serve to continue R&D in Israel and build a pilot plant in the US to be completed in 2010.

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29 May 2009

Turkey receives World Bank and Clean Technology Fund financing for renewable energy and energy efficiency programme

The World Bank board of executive directors has approved financing of $600m for Turkey's Private Sector Renewable Energy and Energy Efficiency Project. The main objective of the project is to help increase privately owned and operated energy production from indigenous renewable sources within the market-based framework of the Turkish Electricity Market Law, thereby helping to enhance energy efficiency and curb greenhouse gas emissions as a result.

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28 May 2009

German city to generate energy from waste

The German city of Lünen is building a dedicated biogas network, powered by agricultural waste, offering an alternative to oil, coal and Russian gas.

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28 May 2009

UK waste-to-energy company Advanced Plasma Power signs deal with green private equity firm

Advanced Plasma Power, a UK waste-to-energy company, has entered into a partnership with Leveraged Green Energy, a private equity fund focused on investing in renewable energy assets, to spread APP's Gasplasma technology across international markets.

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