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17th March 2010
US manufacturer of high-efficiency monocrystalline silicon solar cells and modules, Suniva, has commissioned its largest solar power installation from Titan Energy Systems to be built in Karnataka, India
17th March 2010
Global electric conglomerate Toshiba Corporation and Toshiba Lighting and Technology Corporation, a Toshiba group company, have ended the production of general-use incandescent bulbs, which Toshiba was first to manufacture in Japan and has produced for 120 years.
17th March 2010
International biomass operator Dragon Power told NewNet it is actively seeking further international equity investment as it closes a $4.1bn debt agreement with the China Construction Bank.
17th March 2010
US renewable energy developer Pattern Energy Group has acquired the 283MW Gulf Wind project, which includes 118 wind turbines, from liquidated global investment firm Babcock & Brown.
17th March 2010
Chinese solar-cell manufacturer China Sunergy has announced an agreement to purchase all outstanding shares of CEEG Solar Science & Technology and CEEG New Energy for $47m.
17th March 2010
Aurora Biofuels has secured an additional $15m in a recent funding round led by Oak Investment Partners, with the continued support of Gabriel Venture Partners and Noventi Ventures, bringing the total amount of money raised by the company to more than $40m.
17th March 2010
A new renewable energy company called Pro Renewables has been launched in Michigan at Kalamazoo Valley Community College to deploy the Green Machine, a technology that turns waste heat into usable electricity, across Midwest US.
17th March 2010
Eco-friendly microcontroller developer Energy Micro has secured $13m in capital from venture funds, Northzone Ventures and Investinor, in its first external financing round.
17th March 2010
A strong performance by Canadian energy company Etrion Corporation’s solar division could not stop it reporting a net loss of $59.1m in 2009, representing a loss per share of $0.37 compared to a net loss of $23.2m or $0.15 per share the previous year, because of costs in its oil and gas business.
17th March 2010
Growth equity firm General Atlantic has backed Asian Genco, an Indian infrastructure company with investments in power generation assets and engineering services businesses, in a $425m deal.
17th March 2010
The higher capital costs of marine projects means the latest leasing round by The Crown Estate, which awarded contracts totaling 1.2GW, is optimistic at best, a leading analyst told NewNet.
17th March 2010
The UK government said carbon capture and storage (CCS) plants may add £6.5bn to the economy as it awarded £6.3m to Scottish Southern Energy (SSE) for its trial project in Yorkshire.
17th March 2010
One of Arizona’s largest and most successful solar installation companies, Salt River Solar & Wind, is planning to appoint 50 new sales, marketing and solar installation recruits as it struggles to meet the surging demand from residential customers seeking solar power installations on their rooftops across Arizona.
17th March 2010
Danish wind turbine manufacturer Vestas has successfully placed its first debt issuance with a €600m corporate Eurobond placement. Vestas said the deal is the first Eurobond transaction by a pure play wind power systems supplier and will use the proceeds for general financing and corporate purposes.
17th March 2010
Canadian independent power producer Boralex has successfully refinanced the first 40MW phase of the Thames River wind farm, and obtained financing for the second 50MW phase at the same site.
17th March 2010
The chief executive of solar-thermal power plant operator Solar Millennium Dr Utz Claassen has resigned after just three months in the job, sending shares of the German company sliding.
17th March 2010
German solar module manufacturer First Solar has joined the Desertec Industrial Initiative as an associated partner, to demonstrate the potential of photovoltaic solar technology to harness the desert sun.
16th March 2010
UK motorway service area company Moto has significantly reduced food waste sent to landfill at its Exeter location, thanks to the installation of BioNova’s Accelerated Aerobic BioDigester.
16th March 2010
US Pink Sheets-listed solar technology provider TGI Solar Power Group plans to file international patents for Ukraine-based research group Ekoplaz Technology.
16th March 2010
Pink Sheets-listed energy efficiency and biofuel technology developer Global Resource, which develops patented microwave-based technologies for recycling tyres and converting hydrocarbon materials into fuels, has restructured its board of directors.
16th March 2010
Financing for renewable energy projects will be available for well structured projects but will not recover to pre-credit crunch levels, RES UK and Ireland COO Gordon MacDougall told NewNet, as the company announced a £76m funding package through the European Investment Bank (EIB).
16th March 2010
Pink Sheets-listed restaurant waste-to-biofuel developer EcoPlus and Berkeley County, South Carolina, US have entered into an agreement for the development of a brown grease processing facility to be situated in the county, which will convert brown grease restaurant waste into a solid fuel product.
16th March 2010
Natural resource investor FourWinds Capital Management (FWCM) said it plans to launch a fund targeting opportunities in the Middle East and Africa (MEA) water and waste-to-energy sectors, its CEO Kimberly Tara told NewNet.
16th March 2010
Power utility E.ON Climate & Renewables (EC&R) will invest €6.6m to reduce greenhouse gas emissions from a landfill site near Hanoi, Vietnam, with landfill gas specialist Bionersis, which is already discussing further opportunities in the country, Bionersis CEO Nicolas Heuzé told NewNet.
16th March 2010
BAE Systems has delivered its first hybrid electric systems to bus manufacturer Alexander Dennis, which it has partnered with since 2007, to power 56 clean, green and efficient double-decker buses in Oxford and Manchester, UK.
16th March 2010
The head of Siemens’ wind power division, Andreas Nauen, has left to become chief executive of rival REpower and is due to join on 1 October 2011 at the latest.
16th March 2010
UK wave energy converter developer Pelamis Wind Power and renewable energy developer Marine Current Turbines (MCT) are among the successful bidders for the 1.2GW world’s first commercial wave and tidal leasing round for ten sites in Scotland’s Pentland Firth and Orkney waters, proposed for 2020.
16th March 2010
The Crown Estate’s Pentland First and Orkney Waters licensing round will echo the development of oil by Saudi Arabia in the area of marine renewables, according to Scotland’s First Minister Alex Salmond
16th March 2010
Scottish renewable power generator SSE Renewables and technology developer Aquamarine Power have been granted exclusive development rights in the latest leasing round by The Crown Estate for a 200MW Brough Head wave farm off the coast of Orkney.
16th March 2010
Swiss technology provider for the solar markets Meyer Burger has diversified its order book with a new CHF250m (€172m) contract from a customer in Asia.
16th March 2010
Pink Sheets-listed Atlantic Wind and Solar has successfully completed a $120m financing agreement with green energy funding company Canada Green ESCO, which it said paves the way for its wholly owned subsidiary Atlantic Solar to proceed with its photovoltaic projects and expand its foothold in the Ontario rooftop market.
16th March 2010
NASDAQ-listed clean technology financer Sustainable Development Technology Canada (SDTC) has announced it will award $2.5m in funding to a project led by Vancouver-based Pulse Energy to develop and demonstrate an intelligent energy management platform.
16th March 2010
A subsidiary of biomass power plant operator Dragon Power, National BioEnergy, will receive up to RMB28bn ($4.1bn) in funding from the China Construction Bank for it to construct facilities across China over the next five years.
15th March 2010
Energy companies E.ON and ScottishPower have received awards from the UK government as part of its on-going competition to develop a commerciallyviable clean coal project.
15th March 2010
Germany may delay proposed cuts to its solar feed-in tariffs that the cabinet has recently approved to be implemented on 1 July, according to reports
15th March 2010
Belgium transmission system operator Elia and infrastructure investor Australian Industry Funds Management (IFM) have agreed to purchase Nordic electricity generator Vattenfall’s German transmission grid for €810m and will work to ensure reliability of supply as offshore wind installations get added to the network.
15th March 2010
The Carbon Trust’s fund manager Threadneedle and developer Stanhope are to partner in a new fund that aims to significantly increase the availability of high specification low carbon commercial property in the UK.
15th March 2010
NYSE-listed solar (PV) photovoltaic manufacturer Trina Solar is to increase its yearly shipments to Italian turnkey solar plant provider ENERQOS.
15th March 2010
The Carbon Trust has invested £7m in the creation of a consortium of UK businesses led by Axion Energy to develop a commercially viable process to turn municipal and wood waste into transport biofuel.
15th March 2010
German superconducting materials developer Bruker Energy & Supercon Technologies (BEST) has acquired the assets of Aachen, Germany-based AIXUV, which develops extreme ultraviolet XUV and EUV systems for thin-film applications. The company said AIXUV has been relocated to the BEST operations base in Bergisch Gladbach but financial terms of the transaction were not disclosed.
15th March 2010
Future Capital Partners, a £6bn alternative investment boutique, has appointed Esther Lewis as business development manager.
15th March 2010
US biodiesel manufacturer Renewable Energy Group (REG) has completed the acquisition of two commercial-scale biodiesel plants, increasing its capacity to 122 million gallons per year (MGY).
15th March 2010
The European Union said that it is on track to meet its commitment for 20 per cent of power production met by renewable resources by 2020. The EU is on course to surpass the target set out in the Renewable Energy Directive by 0.3 per cent, according to a recent forecast.
15th March 2010
UK private equity buy-and-build specialist Sovereign Capital has acquired certain trading assets of Future Environmental Services in the first transaction for the recently-backed Euro Environmental Group, creating a UK provider of drain and sewer cleaning, inspection, surveying and repair services.
15th March 2010
US solar company First Solar has sold a 30MW photovoltaic solar project in New Mexico to electricity generator Southern Company and solar development company Turner Renewable Energy. Financial terms of the transaction were not disclosed.
15th March 2010
A group of Japanese vehicle manufacturers have joined forces with a major utility to standardise how electric vehicles are charged to speed-up the adoption of the clean energy cars around the world.
15th March 2010
Hydroelectric and wind power plant operator Innergex Renewable Energy is one of the companies awarded power purchase agreements by Canada’s largest utility British Columbia Hydro (BC Hydro) under its recent clean power call.
12th March 2010
E.ON and ScottishPower have received funding for design and development studies as part of the competition to build one of the world’s first commercial scale carbon capture and storage (CCS) demonstration plants in the UK.
12th March 2010
NASDAQ-listed renewable oil company Neste Oil’s operating profit in 2009 increased to €318m in 2009 from €183m in 2008, though the company’s revenue decreased to €7.63bn from €12.64bn, according to its recent annual report.
12th March 2010
French solar company Solaire Durance, a joint venture between state-owned financial institution Caisse des Dépôts and French solar operator Solairedirect, has closed the financing of the Les Mées 1 and 2 photovoltaic solar parks in Provence for more than €100m.
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