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Carbon Trusts joins strong investor line-up with £3m commitment to sensor developer Oxsensis

UK clean energy investor Carbon Trust Investment has invested £3m in Oxsensis, which develops high-temperature sensors, joining a group of existing investors that include Albion Ventures and Frog Capital.

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SunEdison to build Europe’s largest solar power plant in Rovigo, Italy

Solar energy company SunEdison, a division of MEMC Electronic Materials, has received final approval from the Italian government to develop and construct a 72MW photovoltaic (PV) solar power plant in Northeastern Italy, near the town of Rovigo. When completed, this is expected to be the largest PV solar power plant in Europe.

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E.ON continues renewables investment as it records slight drop in sales in 2009

Energy group E.ON said it continued to invest in renewables through large-scale wind-farm projects in the US and its first solar projects during 2009 despite recording a six per cent drop in sales

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David Harrison joins clean energy private equity firm Plane Tree Capital

Clean energy investment management firm Plane Tree Capital has appointed David Harrison as its non-executive chairman where he joins from Macquarie Infrastructure Group

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US concentrated solar energy systems company Soliant Energy adds Ben Jamison to executive team

Soliant Energy, a US provider of concentrated solar energy systems, has appointed Ben Jamison as vice president of marketing, reporting to Terry Bailey, chairman and CEO.

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Spanish renewable energy company Acciona wins €450m Mexico wind park deal

Spanish renewable energy company Acciona Energy has won a €450m contract to construct and operate three wind parks in the Mexican state of Oaxaca, beating rivals Iberdrola Renovables and Elecnor.

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European Commission proposals for separate carbon mechanisms undermine UN work, campaigners say

European Commission (EC) proposals on post-Copenhagen climate policy that suggest establishing sectoral carbon market mechanisms, outside of the scope of the UN, will undermine negotiations and lead to a volatile carbon market, a campaigning group said.

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Disenco’s CHP technology up for sale following appointment of administrators

Following the appointment of joint administrators, UK energy technology companu Disenco has been put up for sale by property and asset consultants with a view to sell within a week.

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AEG Power Solutions acquires majority stake in skytron energy

Industrial power electronics company AEG Power Solutions has taken a majority stake in skytron energy. The amount of the transaction, which was paid in cash, is not being disclosed.

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German solar equipment maker Phoenix Solar shares jump as highest ever revenues recorded in Q4 2009

German solar-system integrator Phoenix Solar saw its share price jump today as it recorded its best results yet with revenues for the final quarter of the year totaling €230.8m, almost half of the full-year’s result.

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Renewable Energy Holdings to focus on wind projects after asset sales led to 2009 profit

AIM-listed Renewable Energy Holdings (REH) is to focus on the wind sector of its business after divesting non-core assets in 2009 as it looks to progress projects in the UK and Poland, the company’s CEO Mike Proffitt told NewNet.

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UK waste management company rejects Carlyle’s bid

Sales talks between US buy-out giant Carlyle and UK private waste treatment company Shanks have broken down after the private equity firm’s 120 pence per share bid was rejected.

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Prime Sun Power to sell Italian solar PV plant for €100m

Solar power developer Prime Sun Power has agreed to sell a 25MW solar photovoltaic power plant in Italy. The company said that the sale is expected to generate gross revenues of over €100m in 2010.

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Clipper Windpower CEO resigns as company posts 2009 second half loss

Wind energy developer Clipper Windpower said its president and CEO Doug Pertz has resigned as it expects to report a loss in the second half of 2009 due to customer order deferrals and increased costs.

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Chinese water treatment equipment maker Duoyuan Global Water appoints David Nickols as director

Chinese domestic water treatment equipment supplier Duoyuan Global Water has appointed engineering and construction specialist David Nickols to its board of directors.

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Solon closes 20MW solar module supply agreement with entrason

European solar module manufacturer Solon has closed a framework agreement for the supply of solar modules over several years with the solar distributor entrason.

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Bridges Ventures leads investment in waste energy company AeroThermal Group

UK investment group Bridges Ventures has led an investment with green venture capital investor Carbon Trust Investments in AeroThermal Group, a Dorset, UK-based developer of an autoclave-based steam treatment technology for waste.

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Shell’s Japanese solar subsidiary Solar Frontier targets US market in global expansion

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.

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Waste management firm Biffa to sell landfill gas business for £350m

Waste management group Biffa has put its landfill gas business up for sale at a price of £350m, according to reports.

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Areva and Siemens head alliance for renewable European grid

Founding members of the Friends of the Supergrid (FOSG), a new alliance to set up an offshore infrastructure network in the North Sea, include Areva T&D, Mainstream Renewable Power and Siemens.

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Smart grid and appliance technology to be leading wealth driver, report shows

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.

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ITM Power signs deal with Ballast Nedam Sustainability Services for pilot energy storage project

Energy storage and clean fuel company ITM Power has signed an agreement with Dutch construction and infrastructure development company Ballast Nedam Sustainability Services for a pilot project showcasing the potential of hydrogen energy storage technology.

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Clean energy investor Low Carbon Accelerator looks to cash-on in UK incentives with investment in Vigor Renewables

AIM-listed investment firm Low Carbon Accelerator (LCA) has invested £500,000 in wind and solar power project developer Vigor Renewables in order to cash-in on UK feed-in tariffs (FITs).

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Swedish wind energy firm O2 Wind applies for March listing on NASDAQ OMX

Swedish wind power company O2 Wind has applied for listing on NASDAQ OMX, with a share price expected in the range of SEK65 (€6.7) to SEK85 (€8.8), and an expected first day of trading on 22 March.

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Future Fuels acquires UK biofuel plant site

Future Fuels, an investment product focusing on renewable transport fuel from alternative investment boutique Future Capital Partners (FCP), has acquired a site and planning permission consent for its industrial scale plant in Grimsby, England.

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REH moves to full year profit on sale of CETO Wave Technology

AIM-listed investor and developer of European wind farms Renewable Energy Holdings (REH) moved to a full-year profit in 2009, helped by the sale of its CETO Wave Technology business to Carnegie Wave Energy.

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European energy firms propose North Sea super-grid to aid wind power developments

A group of ten European energy and construction majors will today propose a plan to build a super-grid in the North Sea aimed at helping the development of large volumes of offshore wind power, according to reports.

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Italian power utility Enel looks to merge Spanish power assets

Italian power utility Enel may merge its Spanish renewable energy assets and those of Endesa into its Enel Green Power subsidiary ahead of a possible sale this year, according to reports.

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Clean technology investors move towards funding mature firms, technology boutique says

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.

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Growing Chinese solar market may soak up European excess capacity, analyst says

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.

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European geothermal industry calls for new fund covering exploration and drilling risk

With the European Commission’s recent awards of €2.3bn to 43 gas and electricity projects under the Economic Recovery Package, the European Geothermal Energy Council (EGEC) has urged a further commitment to create a European fund covering geothermal exploration and drilling risk.

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Solar module manufacturer Suntech reports revenue, profit increase in 2009

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.

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German wind turbine developer Nordex reports rise in Q4 sales but sees earning plummet in 2009

The shares of German wind turbine developer Nordex rose slightly on news that it sales climbed marginally in the final quarter of 2009 despite a €40m drop in earnings.

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EU money injects new life into electricity interconnection

The European Commission has allocated over €903m to electricity interconnection projects as part of its broader European Economic Recovery Plan, injecting new impetus into long standing electricity grid development plans within the EU.

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State-owned Finnish Industry Investment makes €6.6m investment in solar glass supplier Glaston

Government-owned investment company Finnish Industry Investment has made a €6.6m investment in glass technology company Glaston, which supplies the solar industry.

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United Nations selects advisory group to mobilise climate change funds

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.

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New-to-market Solar Capital shares hold strong after 2009 results announcement

The share price of investment company Solar Capital recovered after an initial drop yesterday after it said it had $863.1m under management at the end of 2009, a month after it raised $109m in an initial public offering (IPO

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Proinso awarded 3.2 MW of Greek solar supply contracts

Spanish renewable energy company Proinsohas been awarded the supply of 3.2MW of various solar photovoltaic farms in Greece.

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Technology-focused boutique Clipperton Finance appoints Mike Callow from Kennet Partners

Technology corporate finance boutique Clipperton Finance has appointed Mike Callow to its London office where he joins from European and North American technology growth equity investor Kennet Partners.

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Clean technology firm Hydrodec joins with Kobelco Eco-Solutions for Asian expansion

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.

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Solar technology company SwissINSO appoints Timothy Tolhurst as new director

Solar technology company SwissINSO Holding has added Timothy Tolhurst to its board of directors.

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UK wave and tidal plan must be followed by government investment, says trade body

UK renewable energy trade association RenewableUK (formerly BWEA), has called for the government to invest a further £150m-£200m in wave and tidal technologies.

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Japan’s Kyocera to open US solar manufacturing plant as it ramps up production

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.

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International Energy Forum calls for urgent review of biofuel policies

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.

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UK to map offshore potential of south west coast

The UK is to map the offshore renewable energy potential around its south west coast to assess the potential of wave, tidal and offshore wind installations up to 2030.

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Mersey Tidal Project selects possible technologies following feasibility study

The proposed Mersey Tidal Power project, which would see a renewable energy installation built on the UK’s Mersey Estuary, has completed the first stage of a major feasibility study designed to select a preferred scheme for generating electricity.

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Canadian Solar looks to prioritise German shipments ahead of planned tariff cuts

Canadian Solar will ramp-up its deliveries in the first half of the year ahead of proposed cuts to the country’s feed-in tariffs, the Chinese company said during an earnings call.

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Waste electronics recycler environCom opens largest UK facility

UK waste electrical and electronic equipment (WEEE) recycler environCom has opened the UK’s largest processing facility with the capacity to treat over 100,000 tonnes each year.

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Canadian Solar gives optimistic 2010 outlook as it posts revenue drop of $40m

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.

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UK sets out plan to green homes and cut carbon emissions by 29 per cent

The UK government has launched a new green strategy setting out its plan to reduce carbon emissions produced from the household sector by 29 per cent.

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