Posts Tagged ‘renewable energy’

10 September 2009

Renewable energy investors Reservoir Capital secures $5m of financing through sale of 8.3 million shares

Renewable energy investors Reservoir Capital has completed a non-brokered private placement financing of $5m through the issuance of 8.3 million units.

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9 September 2009

Norwegian power group Statkraft praises Norwegian-Swedish green certificates system

Statkraft, a Norwegian renewable energy group, expressed delight that hydropower has been given the same status as other renewable energy sources in the new Norwegian-Swedish green certificates system.

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9 September 2009

Sentinel Capital Partners invests in energy infrastructure services company PPS

Sentinel Capital Partners, a private equity firm focused on middle-market companies, has made an investment in Precision Pipeline Solutions. The companies declined to divulge financial details.

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9 September 2009

Asian Development Bank ramps up spending on carbon-cutting projects in Asia

The Asian Development Bank is set to ramp up its spending on pollution-reduction projects in Asia, according to reports.

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9 September 2009

Mixed second quarter financial results for renewable energy plant designers Argan

Renewable energy plant designers Argan has reported mixed financial results for the second quarter of the year with revenue primarily coming from the company's Gemma Power Systems.

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9 September 2009

Washington forms public-private partnership to build renewable power projects

Kittitas County in Washington, US has teamed up with Central Washington University, the Economic Development Group of Kittitas County, Puget Sound Energy and enXco to create a public-private partnership focused on renewable power.

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8 September 2009

Ethos Fund launches new green energy loan programme for West Coast markets, US

Ethos Fund has launched a new green energy loan programme that offers loans between $250,000 and $5m to commercial renewable energy developers of 10-200KW systems in West Coast markets, US.

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8 September 2009

Turkish renewable energy investment trust Rhea Investments acquires Vakif Risk Sermayesi Yatirim Ortakligi

Istanbul-based Rhea Investment, a private investment office with operations in the renewable energy sector, is set to purchase all of the controlling shares of Vakif Risk Sermayesi Yatirim Ortakligi, an Istanbul Stock Exchange listed joint stock company.

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7 September 2009

Philippines’ EDC Partners with Ayala Anew to sow rare native trees in Laguna

Philippines-based renewable energy company Energy Development Corporation (EDC) has linked up once again with Filipino conglomerate, Ayala to bring its ‘Binhi: Tree for the Future' programme inside the prime Nuvali eco-community in Laguna, Philippines.

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7 September 2009

Green investment company Future Capital Partners adds Trevor Castledine as COO

Renewable energy investment company Future Capital Partners has appointed Trevor Castledine as its new COO.

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4 September 2009

Will the US rule the green economy?p

With the debate over US energy policy now at a fever pitch, the Worldwatch Institute, a Washington-based international environmental research organisation looks at the effect the new administration is having on efforts to create a greener economy.

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3 September 2009

Renewable energy investors Impax Group appoints Vince O’Brien as a non-executive director

Clean energy investment company Impax Group has appointed Vince O'Brien as a non-executive director.

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2 September 2009

T Kevin DeNicola steps down as CFO at engineering company KBR

KBR, an engineering and construction services company, said T Kevin DeNicola, senior vice president and CFO, will step down from his post effective with the filing of the company's third quarter 10-Q.

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2 September 2009

Iberdrola Renewables uses nearly $300m in US Treasury grants to generate clean energy

Iberdrola Renewables has received US Treasury Department approval of five grants totalling $294,889,003 supporting new wind energy projects in four states. These grants represent investment by the Oregon, US-based company of approximately $1bn in US wind power.

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2 September 2009

Renewable energy utility Solverdi acquires data services company Aristos International

Solverdi Worldwide Ltd, a renewable energy utility, has acquired 100 per cent of the stock in Aristos International, a data center services design and build firm, for five million ordinary shares of Solverdi at $0.13 per share.

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1 September 2009

Mark Riedy joins law firm Mintz Levin’s clean technology practice group

Mark J Riedy has joined international law firm, Mintz Levin Cohn Ferris Glovsky and Popeo at its Washington DC office as a member in the corporate practice and energy and clean technology practice group.

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1 September 2009

Gulf countries exploring alternative energy sources as world prepares for $45tn renewable energy investment

The Gulf region is exploring alternative sources of energy as the world braces itself for $45tn in renewable investments over the next 40 years to balance energy options, according to reports.

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1 September 2009

Norway’s sovereign wealth fund ploughs $4bn into green shares

Norway's $400bn sovereign wealth fund has upped its exposure to environmentally responsible companies in a bid to tackle climate change, according to reports.

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27 August 2009

ITC Holdings and NorthWestern Energy team up to develop renewable energy transmission project

ITC Holdings Corp. and NorthWestern Energy have signed an expression of interest to collaborate on development of ITC's seven-state Green Power Express transmission project.

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27 August 2009

Södra and renewable energy company Statkraft to develop €1bn portfolio of renewable energy projects

Forestry and timber product company Södra has signed an agreement of intent with renewable energy company Statkraft to initiate a range of renewable energy investment projects. The €1bn deal will see the two companies develop projects in the wind power, district heating and biofuels sectors as well as electricity supplies.

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