Africa
12th March 2010
Global energy efficiency company Eltek Valere has signed a $12m frame agreement with an international mobile operator for deliveries of hybrid power solutions, under which Eltek will provide turnkey upgrades to power solutions on at least 460 existing sites.
10th March 2010
Canadian solar LED developer Carmanah Technologies Corporation and airfield technology company ADB Airfield Solutions are to expand a partnership agreement to include Europe, South America, the Middle East, Africa and Asia Pacific, focused on solar-powered LED airfield lights manufactured by Carmanah.
5th March 2010
The United Nations has selected members for a new international advisory group focused on climate change financing that will work towards mobilising funds discussed at the UN Climate Change Conference in Copenhagen last December.
2nd March 2010
Credit ratings and index firm Standard & Poor’s (S&P) is to launch a risk assessment tool for carbon projects after signing an agreement with data analytics firm, Point Carbon.
1st March 2010
The Nigerian state of Ekiti has launched the construction of a third biofuel refinery, at Ipao-Ekiti in the Ikole local government area, according to reports.
23rd February 2010
The United Nations will host an extra round of climate change takes in Bonn, Germany, this April in an effort to revive climate change talks.
23rd February 2010
The Founders Club, a group of venture capital-backed CEOs and founders, is looking to recruit a cleantech chairman ahead of launching a dedicated portfolio, founder and general partner Andrew Romans told NewNet.
22nd February 2010
Japan has announced plans to provide Kenya with JPY29.5bn ($375m) in yen-denominated loans to build a geothermal power plant, according to reports.
18th February 2010
United Nations Framework Convention on Climate Change (UNFCCC) executive secretary Yvo de Boer will resign and join KPMG as climate change adviser in an effort to reach out to the business community after politicians failed to agree on binding measures at the Copenhagen summit.
18th February 2010
NYSE-listed geothermal developer Ormat Technologies’ project subsidiary has signed a letter of intent with Kenya Power & Lighting (KPLC) for further expansion of its Olkaria III power plant by up to 52MW, from 48MW to up to 100MW, within the framework of the existing power purchase agreement.
18th February 2010
Californian solar power provider eSolar has signed a deal with Ferrostaal to provide solar power plants in countries around the world including Spain, United Arab Emirates and South Africa.
16th February 2010
Technology innovation firm 3M has entered into a strategic relationship with MAMA Sustainable Incubation, a newly formed technology incubator based in Germany that specialises in developing solutions for the renewable energy markets. Financial terms of the transaction were not disclosed.
12th February 2010
UK Prime Minister Gordon Brown, alongside UN Secretary General Ban Ki-moon and Prime Minister Meles Zenawi of Ethiopia have launched the High Level Advisory Group on Climate Change Financing.
10th February 2010
Large investments need to be made to get developing countries’ energy systems on a different track than the one the industrialised countries have followed if the problem of climate change is to be tackled, according to non-profit global energy services organisation Global Village Energy Partnership.
19th January 2010
RES Power has acquired a portfolio of early stage wind power projects in South Africa, with an estimated installed capacity of close to 300MW. The projects will be developed by a newly-formed fully-owned subsidiary of the RES Group, RES Southern Africa.
4th January 2010
South African banking group, Old Mutual Group subsidiary Nedbank, and international non-governmental organisation Wildlife Works Incorporated, are to sign a multi-million pound agreement to launch the first African carbon credit scheme, according to the bank.
4th January 2010
Hong Kong green packaging products manufacturer Biopack Environmental Solutions has shipped its first order to South Africa. The order, focusing on the company’s biodegradable fruit trays, represents the 15th market to order Biopack’s products.
15th December 2009
Solarfun Power Holdings, a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, has appointed Andreas Liebheit as vice president and managing director of Solarfun, Europe, Middle East and Africa (EMEA).
14th December 2009
The World Bank Clean Technology Fund has approved financing of $750m, which together with $4.85bn from other sources, will be used to accelerate the global deployment of concentrated solar power (CSP).
24th November 2009
Egyptian private equity firm Citadel Capital has acquired a controlling stake in two solid waste management businesses - The Egyptian Company for Solid Waste Recycling (ECARU) and the Engineering Tasks Group (ENTAG). Citadel has not disclosed the size of the deal.
23rd November 2009
Energy company Sonelgaz, which is controlled by the Algerian government, has instructed its engineering arm, Sonelgaz socéiété of Engineering (CEEG), to instigate the construction of a photovoltaic module manufacturing plant in the industrial area of Rouiba, through a mandate with Rouiba Lighting company.
23rd November 2009
South African waste management service Wasteman Holdings, a portfolio company of asset management firm Marlow Capital, has acquired hazardous cleaning services company Spill Response Team.
10th November 2009
Heads of state, ministers and representatives of governments in Africa, Asia, the Caribbean and Pacific, have urged heads of state and government to intensify efforts and attend the Copenhagen climate change negotiations in December.
9th October 2009
California-headquartered solar power provider eSolar has partnered with Johannesburg-based Clean Energy Solutions (CES) to open eSolarSA to expand sales operations across Sub-Saharan Africa.
29th September 2009
The Sub-Saharan African biofuels market should experience rapid growth in the next five years, according to a report by growth partnership service Frost & Sullivan.
18th September 2009
Industrial biotechnology can slash greenhouse gas emissions by 2.5 billion tonnes per year and play a key role in building a green economy, according to a new report by WWF.
16th September 2009
The world’s largest global investors grouped together to call upon international policy makers to take strong action in the fight against global warming.
14th September 2009
Countries that are able to adapt quickly to a carbon-restrained world will offer lasting prosperity for their citizens, a new report states.
14th September 2009
The World Bank Group saw its financing of renewable energy and energy efficiency projects and programmes across the developing world rise by 24 per cent in the last fiscal year to hit $3.3bn, the banks highest ever.
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Africa,
Asia,
Australasia,
Europe,
Latin America,
Middle East,
North America,
biomass/biofuel,
deals,
energy efficiency,
knowledge,
wind
25th August 2009
The African Union Commission played host to a meeting of the Representatives of the Conference of African Heads of State and Government on Climate Change, to see what Africa was doing to combat climate change.
15th July 2009
The leaders of the world’s countries with the largest economies, including the United States and the European Union, have set a target to slash global greenhouse gas emissions by 2050, with the intent to hold global warming at less than 2 degrees Celsius above pre-industrial levels.
14th July 2009
The DESERTEC Initiative will overcome hurdles in the rollout of solar power worldwide, according to former Vice President Al Gore.
26th June 2009
Carmanah Technologies Corporation has received a follow-up order from France-based telecom provider TWIST to supply solar power systems to its telecommunications project in North Africa in a contract valued at CAD$2.3m.
16th June 2009
A group of 20 companies including Munich Re, Deutsche Bank, Siemens and RWE a planning a €400bn solar energy project in Africa, called Desertec, according to reports.
10th June 2009
The emission-neutral energy provided by wind power represents a unique opportunity to help the world end its reliance on expensive, polluting fossil fuels, and to spur the economy by creating millions of green collar jobs, according to a new market study by NextGen Research.
9th June 2009
The global green building materials market continues to grow, despite the global economic downturn. The worldwide green building materials market was valued at $455.3bn in 2008, and NextGen Research, in its new report forecasts the market will grow at a CAGR of nearly five per cent to reach $571bn by 2013.
4th June 2009
In 2008, $155bn was invested in clean energy companies and projects worldwide, not including large hydro, according to a new report from the UN.
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Africa,
Asia,
Australasia,
Europe,
Latin America,
Middle East,
North America,
biomass/biofuel,
companies,
deals,
energy efficiency,
geothermal,
knowledge,
solar,
water,
wind
4th June 2009
IFC, a member of the World Bank Group, is investing up to $50m in Creative Energy Resources, which will make investments in the Middle East, North Africa, and South Asia to address the growing demand for electricity and improve energy reliability.
2nd June 2009
The African Development Bank Group has made a ZAR100m ($12.4m) equity investment in Evolution One Fund, a private equity fund focused on the deployment of clean energy across southern Africa as a means to tackle climate change.
1st June 2009
Kofi Annan, president of the Global Humanitarian Forum, has unveiled a new report looking at the human impact of climate change.
28th May 2009
Jatropha-derived biofuels may be competing with food production for land and water, according to a new report by Friends of the Earth.
27th May 2009
Investment in Concentrated Solar Power (CSP) this year will exceed €2bn ($2.58bn) and could be worth €20.8bn ($26.8bn). according to the latest report from Greenpeace, Global Concentrating Solar Power Outlook 2009, published jointly with the European Solar Thermal Electricity Association and the International Energy Agency’s SolarPACES. The report outlines how CSP can meet up to seven per cent of the world’s projected power needs in 2030 and a full quarter by 2050.
12th May 2009
Global wind capacity increased an estimated 27,051MW in 2008, with cumulative installations up almost 29 per cent, according to the Worldwatch Institute. The US led in new installations, surpassing Germany to rank first in wind energy cumulative capacity and electricity generation.
29th April 2009
UK Secretary for Energy and Climate Change Ed Miliband has expressed support for the Major Economies Forum set to take place in July 2009.
1st April 2009
The founder of environmental organisation Green Cross International, Mikhail Gorbachev, has urged world leaders and the private sector to make significant investments in solar energy as a means to tackle climate change.
26th March 2009
Marlow Capital, a South Africa-based private equity firm, has led a consortium to acquire waste management group Wasteman Group from a group of shareholders including Suez Environnement for an undisclosed sum.
17th March 2009
Teraco Data Environmental, a South African vendor co-location facility provider, has closed a Series A financing round on ZAR47.5m ($4.8M). Both new and existing investors participated.
16th March 2009
The global solar photovoltaic market installations hit unprecedented highs of 5.95GW in 2008, marking an increase of 110 per cent over the previous year, according to a report by Solarbuzz.
9th March 2009
Geothermal and renewable energy business Ormat Technologies, Inc., through its wholly-owned subsidiary, Orpower 4, Inc., has closed its previously announced loan documents for up to $105m project financing to refinance the company’s investment in the Olkaria III geothermal project. The 48MW power plant is located in Naivasha, Kenya.
9th March 2009
Israeli biodiesel company Galten is eyeing up a potential $10m IPO on the Tel Aviv Stock Exchange, according to reports.