Posts Tagged ‘renewable energy’

19 December 2008

The Massachusetts Renewable Trust awards $3.2m for renewable energy projects

The Massachusetts Renewable Trust has awarded grants for nine new renewable energy projects totaling more that $3.2m, with backing from the secretary of energy and environmental affairs, Ian Bowles.

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18 December 2008

Inhibition Therapeutics to acquire HPI Partners in $12m move

Inhibition Therapeutics has signed an agreement to acquire HPI Partners along with its operating subsidiary AlumniFuel Power

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18 December 2008

US Fuel Cell Council calls for Obama to set aside $1.2bn for fuel cell development

The US Fuel Cell Council has called for Congress and the incoming Obama Administration to set aside $1.2bn in the planned stimulus package for fuel cells.

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16 December 2008

Raser Technologies finalises $10m sale of its common stock

Raser Technologies has finalised the sale of the remaining $10m of its common stock to Fletcher International, an affiliate of private investment firm Fletcher Asset Management, under an agreement relating to the private placement of $20m of its common stock, agreed in November 2008.

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15 December 2008

The Sustainable Development Commission highlights UK Government’s renewable energy progress

The Sustainable Development Commission has released data highlighting the UK Government's progress towards meeting its own sustainability targets.

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11 December 2008

EU Renewable Energy Directive needs urgent agreement says renewable energy industry

The UK Renewable Energy Association has urged the European Union to reach a political agreement on the draft EU Renewable Energy Directive without delay.

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10 December 2008

Austrian Government putting the agreement on legislation on renewable energy at risk, EREC

The Austrian Government has been accused of going back on the Austrian national objective of 34 per cent of renewable energy share in final energy consumption by 2020and undermining the agreement on the RES Directive reached by the Council, the European Parliament and the European Commission, according to the European Renewable Energy Council, the umbrella organisation of the major European renewable energy industry.

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4 December 2008

Earth Capital Partners targets $5bn for eco-friendly investments

Former CEO of Man Group Stanley Fink has set up fund management firm Earth Capital Partners, targeting sustainable and renewable asset classes.

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4 December 2008

3TIER releases 5km world wind map

Renewable energy assessment and forecasting company 3TIER released a 5km resolution global wind map.

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3 December 2008

Transforming America’s Power Industry: The Investment Challenge 2010-2030p

The US utility industry will have to invest between $1.5tn and $2tn between 2010 and 2030 to maintain current levels of reliable energy service for customers throughout the country, according to a report from the The Brattle Group, sponsored by the Edison Foundation.

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28 November 2008

SGP set to acquire 100 per cent of Caley shares over three-year period

Following the initial acquisition of Caley Geothermal in November 2006, Canadian renewable energy company Sierra Geothermal Power (SGP) is now set to acquire 100 per cent of the company by issuing 18,000,000 shares over a three-year period.

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28 November 2008

Falling energy costs could dampen interest in renewable energy, report

Despite earlier warnings that renewable energy companies should seek to keep their services competitive, the recent softening in oil prices could serve to detract customers from installing renewable energy technology altogether, according to a report from CarbonFree.

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27 November 2008

Native American renewable energy initiative launched

The Acjachemen Nation, otherwise known as the Juaneno Band of Mission Indians, has established a joint venture between alternative fuel company AN Group and waste energy manufacturer Waste-to-Energy Group, called ANEW, committed to renewable energy initiatives.

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27 November 2008

E.ON set to invest €6bn by 2010 in renewable projects

German energy company E.ON said it would stand by its €63bn investment program for 2007-2010, with €6bn being ploughed into renewable energy projects by 2010.

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26 November 2008

Zurich-based renewable energy investor AEG engages environmental finance company AGC to manage renewable projects

Alter Energy Group (AEG) has formally engaged Anemone Green Capital (AGC) to manage the Kyoto Protocol process for its renewable energy projects.

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26 November 2008

Scotland launches new energy centre to boost renewables

A new Scottish European Green Energy Centre (SEGEC) is to be established, with it's headquarters to be based in Aberdeen. First Minister Alex Salmond noted that Scotland's renewable potential and technical expertise would be able to offer Europe something across every energy sector.

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25 November 2008

EU renewable energy targets could be a costly and risky affair for UK, report

The UK Government's efforts to meet its EU 2020 renewable energy targets, even if unsuccessful, may force the UK to adopt an unnecessarily costly and risky approach to reducing carbon emissions, according to the House of Lords Economic Affairs Committee.

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24 November 2008

IESI Bethlehem Landfill, Pepco Energy Services unveil new 5 MW landfill gas energy plant

IESI Bethlehem Landfill and Pepco Energy Services representatives were joined by state and local representatives for the opening of a new 5 MW landfill gas powered energy plant.

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24 November 2008

IBM, EDF join forces to expand EDF’s energy operations

Computing giant IBM and energy company EDF have teamed up to explore key aspects of the energy systems crucial to EDF operations, in a bid to further energy sustainability, the companies said in a statement.

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19 November 2008

Energy industry sees record venture investment amidst general drop, report

Europe's energy and utilities industry saw record investment during the third quarter of 2008, with €192m put into 14 deals, and €187m of that going to 13 deals in the renewable energy sector, according to Dow Jones VentureSource.

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