Europe
11th March 2010
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.
11th March 2010
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.
10th March 2010
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
10th March 2010
Clean energy investment management firm Plane Tree Capital has appointed David Harrison as its non-executive chairman where he joins from Macquarie Infrastructure Group
10th March 2010
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.
10th March 2010
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.
10th March 2010
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.
10th March 2010
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.
9th March 2010
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.
9th March 2010
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.
9th March 2010
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.
9th March 2010
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.
9th March 2010
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.
9th March 2010
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.
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.
9th March 2010
European solar module manufacturer Solon has closed a framework agreement for the supply of solar modules over several years with the solar distributor entrason.
9th March 2010
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.
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
Waste management group Biffa has put its landfill gas business up for sale at a price of £350m, according to reports.
8th March 2010
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.
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
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.
8th March 2010
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).
8th March 2010
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.
8th March 2010
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.
8th March 2010
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.
8th March 2010
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.
5th March 2010
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.
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
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.
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
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.
5th March 2010
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.
5th March 2010
Government-owned investment company Finnish Industry Investment has made a €6.6m investment in glass technology company Glaston, which supplies the solar industry.
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.
5th March 2010
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
5th March 2010
Spanish renewable energy company Proinsohas been awarded the supply of 3.2MW of various solar photovoltaic farms in Greece.
4th March 2010
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.
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
Solar technology company SwissINSO Holding has added Timothy Tolhurst to its board of directors.
4th March 2010
UK renewable energy trade association RenewableUK (formerly BWEA), has called for the government to invest a further £150m-£200m in wave and tidal technologies.
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
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.
4th March 2010
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.
4th March 2010
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.
4th March 2010
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.
3rd March 2010
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.
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
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.