 |
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.
12th March 2010
A leading German politician, Bavaria state premier Horst Seehofer said plans to cut solar energy feed-in tariffs are excessive and unacceptable, according to reports.
12th March 2010
Renewable energy developer RES has secured a £76 financing deal with BNP Paribas and Lloyds Banking Group for its Hill of Towie wind farm in Scotland, the first large-scale project to benefit from the European Investment Bank (EIB)’s intermediated UK onshore wind scheme
12th March 2010
Massachusetts-based wind company Mass Megawatts Wind Power reported a net loss of one cent per share or $96,935 in its third quarter ending January 2010.
12th March 2010
US biofuel company LyondellBasell’s wholly owned subsidiary, Lyondell Chemical Company, said it plans to raise $3.25bn of first priority debt, including an offering of senior secured notes in a private placement and borrowings under a senior term loan facility.
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
US hydrogen fuel cell developer NASDAQ-listed Hydrogenics has completed the consolidation of its issued and outstanding common shares, implemented with a ratio of one post-consolidation share for every 25 pre-consolidation shares.
12th March 2010
US solar cell manufacturer SunPower, which recently committed to providing 200MW of solar capacity to Edison International, has been awarded two grants totalling around $1.5m from the California Solar Initiative Research, Development, Deployment and Demonstration (CSI RD&D) programme.
12th March 2010
Israel-headquartered biofuel developer Evogene’s revenues for fiscal 2009 nearly tripled to $10m at the end of the year, compared to $3.4m for the same period in 2008.
12th March 2010
Wave energy developer Ocean Power Technologies (OPT) reduced its net loss in the last nine months of 2009 as it increased profits despite a drop in revenues.
12th March 2010
The Yorkshire Forward board has committed up to £3.76m to fund drainage improvements on the Killingholme Marshes area of the South Humber Gateway to enable the development of the site into a hub for renewable energies.
12th March 2010
Biodiesel supplier Renewable Energy Group (REG) told NewNet the biofuels industry in the US has almost entirely ground to a halt since the lapse of the government tax credits took effect at the beginning of the year.
12th March 2010
Seattle-based smart grid developer Powerit Solutions has completed its merger with Scandinavian counterpart, Sweden-based Diana Solutions.
12th March 2010
European venture capital firm DFJ Esprit has hired Mikko Suonenlahti, who joins the team as a senior adviser, focusing on investments in the B2B and B2C software, medtech, bio-IT and energy efficiency sectors in the Nordic region.
12th March 2010
Profits more than doubled in 2009 for trading emissions and environmental products exchange Climate Exchange, jumping to £6.8m from £2.8m in 2008, despite falling volumes on its subsidiary Chicago Climate Exchange (CCX), according to its annual fiscal results.
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.
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
The first 510 large-scale projects have been given the go-ahead under a new feed-in tariff (FIT) programme launched in Ontario, Canada.
11th March 2010
A subsidiary of Ormat Technologies has completed the acquisition of membership interests in Hot Sulphur Springs II in the US state of Nevada, which includes the Tuscarora geothermal project. No financial terms of the deal have been released.
11th March 2010
The co-founder and CEO of German solar power firm Q-Cells Anton Milner has resigned with immediate effect after the company posted a 2009 loss of €1.4bn.
11th March 2010
Danish electricity major Dong Energy said it increased its renewable power production by eight per cent in 2009, to 2,810GW hours, and invested DKK18bn (£2.2bn) during the year in clean energy, despite its profit being slashed by more than three-quarters.
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
Sensata Technologies, a maker of sensor and controls technology for applications including alternative fuel vehicles and solar panels, has raised $568.8m from its initial public offering, with shares to be listed on the New York Stock Exchange tomorrow.
11th March 2010
Solar technology manufacturer SunPower will provide 200MW of solar power capacity to Edison International, equivalent to 80 per cent of the utility’s large solar photovoltaic (PV) installation programme. Financial terms of the deal have not been disclosed
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.
11th March 2010
Energy major Siemens has won a €30m contract from the Dubai-based Federal Electricity and Water Authority to carry out the build and modernisation of substations in its northern emirates to improve the power supply network.
11th March 2010
Us biodiesel producer Imperium Renewables has restarted production at its Grays Harbor facility. The plant, which had paused production after a glycerin tank ruptured in December, is producing biodiesel from regionally-grown canola to meet demand from British Columbia and Oregon.
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
US electricity provider NV Energy has signed a 20-year power purchase agreement with waste collector and recycler Waste Management for the sale of renewable energy produced from a landfill site located in Nevada.
11th March 2010
The US Senate has approved the extension of the $1-a-gallon tax credit for biodiesel, which had expired at the end of 2009, in a move that domestic biofuel producer Renewable Energy Group (REG) has described as critical to a successful energy policy.
11th March 2010
U.S. Geothermal has raised $8.6m as the result of a private placement of stock. The proceeds of the offering will be used by the company to further develop its Neal Hot Springs geothermal project and for general working capital purposes, it said.
11th March 2010
Solar photovoltaic (PV) company Applied Materials has opened it newly expanded Tainan Manufacturing Center in Tainan, Taiwan.
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
The US Department of Energy (DOE) has launched a new funding programme to advance projects involved in marine and hydrokinetic technology
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
The wind energy industry has called on the US government to pass a strict national renewable electricity standard (RES) to drive demand and create jobs.
10th March 2010
Solar technology manufacturer GT Solar saw its share price fall today as it priced a secondary offering of 25 million shares of common stock at $4.85 each.
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
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
Mining and natural resources company Cliffs Natural Resources has appointed James F Kirsch as a director. Kirsch also currently serves as chairman, president and chief executive officer of Ferro Corporation.
10th March 2010
Geothermal services company ThermaSource and Nevada, US-based renewable energy company Ram Power, through its subsidiary Polaris Energy Nicaragua, have announced a drilling contract for the geothermal development of the San Jacinto-Tizate Project in Nicaragua.
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.
10th March 2010
NRG Energy has been selected by the US Department of Energy (DOE) to receive up to $154m, including funding from the American Recovery and Reinvestment Act (ARRA), to build a post-combustion carbon capture demonstration unit in Houston, Texas.
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
Recurrent Energy, an independent power producer and developer of distributed solar power projects, has hired Patrick Caramante as the company’s new vice president of engineering & construction. In this role, Caramante will be responsible for the design, installation, commissioning, and operation of Recurrent Energy’s portfolio of distributed-scale solar projects.
‘Pat adds to the team’s depth of [...]
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.
NewNet's Essential CleanTech Investor Summit was completely sold out. Over 450 investors, innovators and influencers within clean technology and renewable energy attended on the day. The Investor Summit was Europe's largest event focused around investors and deal-makers.
For more on the Summit go to: www.NewNetInvestorSummit.com
