Asia
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.
12th March 2010
Global solar installations totaled 15,000MW at the end of 2008 with Chinese production sky-rocketing to five times the output of the US, according to figures released by the Earth Policy Institute (EPI).
12th March 2010
The first wind turbine plant to be set up by a Chinese firm in the US will be constructed by wind turbine manufacturer A-Power Energy Generation Systems in co-operation with US partners.
11th March 2010
Technology investor Battery Ventures has closed its ninth fund, BV IX, on its $750m target. This brings total committed capital in Battery’s nine funds to nearly $4bn.
11th March 2010
Solar photovoltaic (PV) manufacturer Trina Solar has signed a sales agreement with Essco Wholesale Electric, the southwest US company of electric distributor Sonepar USA, through Trina’s subsidiary, Changzhou Trina Solar Energy.
11th March 2010
Solar photovoltaic (PV) company Applied Materials has opened it newly expanded Tainan Manufacturing Center in Tainan, Taiwan.
10th March 2010
AIM-listed Modern Water said its entrance into the Chinese market and the deployment of its technology in Gibraltar and Oman were key factors in the company moving towards commercialisation during 2009, its executive chairman Neil McDougall told NewNet.
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.
9th March 2010
LED lighting technology company has agreed to become an independent entity and to receive an investment from China-focused venture capital firm WI Harper Group. This infusion of capital allows the company to expand its operations in providing testing services for LED chip manufacturers across Asia, Testar said.
9th March 2010
Chinese solar energy company Yingli Green Energy reported a fourth quarter loss of $6.6m due to operating expenses and foreign exchange losses but said it remained confident in its ability to achieve its full-year shipment guidance of up to 1GW.
9th March 2010
The China-Israel fund Infinity I-China has established six joint venture private equity funds throughout China to support domestic technology firms as part of its ten-year plan for the region.
9th March 2010
Solar module manufacturer Solar Power has received an initial commitment of $24.7m in Recovery Zone Facility Bonds (RZFB) by Sacramento County
9th March 2010
The Asian Development Bank (ADB) is in the early stages of evaluating the potential of a clean technology-focused venture capital fund, a spokesperson told NewNet.
9th March 2010
Chinese domestic water treatment equipment supplier Duoyuan Global Water has appointed engineering and construction specialist David Nickols to its board of directors.
8th March 2010
Shell’s Japanese solar subsidiary Showa Shell’s rebranding to Solar Frontier represents its first real entry to the US markets where it sees significant growth potential, its director of international business Brooks Herring told NewNet.
8th March 2010
Listed energy developer Bergamo Acquisition has announced a new, $500m solar power project for the Republic of Lebanon.
8th March 2010
Renewable energy firm China WindPower Group posted a 55 per cent increase in nine-month profit, with income rising to HK$181.2m ($23.24m) from HK$116.8m ($15m), as it announced its 2010 expansion plans.
8th March 2010
The deployment of smart grid technology could easily be one of the leading drivers of wealth well into the next 15 years with the smart appliance market expected be five times larger than it is today, according to a new report.
8th March 2010
Chinese solar cell manufacturer Tainergy Tech will list on the Taiwan Stock Exchange this year and enter loan arrangements to boost its domestic production capacity, according to reports.
8th March 2010
India’s largest wind turbine manufacturer Suzlon Energy Limited (SEL)has won a major order from Gujarat State Petronet Ltd (GSPL) to set up, operate and maintain its 52.5MW wind energy project in the Rajkot and Porbandar districts of Gujarat.
5th March 2010
Clean technology investments have evolved from focusing on start-ups to those companies further along the development chain, a technology-focused corporate finance boutique told NewNet.
5th March 2010
An emerging Chinese solar market may help reduce excess global capacity as many European countries struggle to sustain their businesses models in the face of changing government incentives, an analyst told NewNet.
5th March 2010
Solar module manufacturer Suntech Power reported an increase in both revenue and profit for the fourth quarter 2009 and expects first quarter 2010 shipments to increase by five to ten per cent.
5th March 2010
India’s largest wind turbine developer Suzlon Energy will increase its portfolio to more than 100MW with a new order from Gujarat State Petronet (GSPL) to set up, operate and maintain a 52.5MW wind energy project.
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.
4th March 2010
Energy storage device manufacturer Prudent Energy president Tim Hennessy told NewNet there will be a general pullback in the energy storage space but the slowdown will not be as bad as previously anticipated.
4th March 2010
AIM-listed technology firm Hydrodec has signed a joint venture agreement with Kobelco Eco-Solutions to exploit its environmentally sustainable technology for use in the chemical and mineral oils industries in Japan and across the East Asian market.
4th March 2010
US developer of solar power plastic films Konarka has received $20m in funding after signing an agreement with Konica Minolta.
4th March 2010
Japanese manufacturer Kyocera said it will begin manufacturing solar modules in California, US, this year as it increases its annual production targets to 1QW per year by 2013.
4th March 2010
Chinese wind turbine manufacturer Sinovel said it plans to raise more than $500m through an initial public offering (IPO) and list on the Shanghai Stock Exchange, according to reports.
4th March 2010
An urgent review of global biofuel policies is needed, with current targets over ambitious or unsustainable, according to a report by the International Energy Forum.
3rd March 2010
The Chinese government has put together a ten-year programme to boost the generation of clean energy and ensure it accounts for 15 per cent of the country’s electricity by 2020, according to reports.
3rd March 2010
Solar cell manufacturer Canadian Solar said it remains optimistic about its prospects in 2010 with an increasing customer base in emerging markets and the ability to leverage Canadian feed-in tariffs, as it posted a 2009 revenue decrease of about $40m.
3rd March 2010
Spring Capital Asia, a private equity firm investing exclusively in China and Hong Kong, has held a second closing of its debut fund on $184m and tied up an investment in Qingdao Wuxiao Group, a wind and electricity tower manufacturer based in the Shandong Province of mainland China.
2nd March 2010
United Green Technology, a subsidiary of ONE Bio, which utilises green process manufacturing to produce raw chemicals and other products, has signed a distribution agreement with food processing manufacturer Shineway Group for distribution of the company’s organic bamboo shoots.
2nd March 2010
Energy storage technology developer Prudent Energy has secured $22m in a Series C financing round led by Chinese investment firm Northern Light Venture Capital.
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 global pulp and paper industry has witnessed a rapid worldwide expansion in the use of biomass for its energy generation, according to a report by forest industry consultancy Wood Resources International.
1st March 2010
Japanese electronic conglomerate Toshiba has agreed to purchase 32MW of high-efficiency solar panels from US-based solar company SunPower in 2010 under a strategic supply agreement.
1st March 2010
China-based cleantech investment holding firm Shenzhen Goch Investment, a partner of US clean energy storage and electric vehicle company ECOtality’s joint venture in China, ECOtality China, has obtained a credit facility agreement with China Construction Bank for a credit line of RMB10bn ($1.5bn).
1st March 2010
India is to establish a clean energy fund by imposing a tax on coal produced within the country and imported from abroad, the country’s finance minister has announced, which a regional expert told NewNet is expected to generate between $500 and $550m.
1st March 2010
Global electronics heavyweight Mitsubishi Electric has completed construction of a new photovoltaic (PV) cell production facility at its Nakatsugawa Works Iida Factory in Nagano Prefecture, Japan, the PV Cell Plant 2.
1st March 2010
The Japanese arm of Royal Dutch Shell, Showa Shell, is to undergo a rebranding and expand into the US and European markets as it aims for 1GW annual sales of its thin-film solar technology.
26th February 2010
Hong Kong-based China Everbright has established a RMB3bn ($439m) fund to invest in new energy projects, resources and affiliated enterprises.
25th February 2010
NYSE-listed Chinese solar company Yingli Green Energy Holding Company Limited has signed a three-year framework agreement with European photovoltaic system integrator Gehrlicher Solar.
25th February 2010
Japanese engineering firm Mitsubishi is to enter the UK offshore wind market with a £100m investment agreement signed with the government.
24th February 2010
Solar power plant developer P2 Solar has signed a letter of intent with South Korean photovoltaic engineering company OSolar to form an alliance for a 25MW solar project in Punjab, India.
23rd February 2010
Clean energy-focused private equity firm Global Environment Fund (GEF) has invested $30m in UPC Renewables to develop wind energy projects in China.
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.