RENEWABLE ENERGY NEWS – CLEANTECH NEWS – ENVIRONMENTAL TECHNOLOGY NEWS ESSENTIAL INTELLIGENCE FOR INVESTORS, INNOVATORS & DEAL-MAKERS
6 September 2010
OSS, a UK-based recycler of waste lubricating and fuel oils that are reprocessed for use in power plants, is to be sold from its private equity owner Dunedin, according to reports.
6 September 2010
AXA Private Equity has made a €3m investment into France-based photovoltaic solar energy company JIT Solaire.
6 September 2010
Engineering group JGC has become the first Japanese company to invest in concentrating solar power, forming a partnership with Abengoa Solar to jointly own two 50MW concentrating solar power plants in El Carpio in Córdoba, Spain.
6 September 2010
Renewable Energy Holdings has entered into an agreement to sell its interests in two wind projects to Allianz Renewable Energy Management in order to raise capital to develop its other portfolio projects.
6 September 2010
California-based developer Cool Planet Biofuels raised $3m in a recent round of funding, according to reports.
6 September 2010
Nevada-headquartered geothermal company Ram Power has completed the takeover of Vancouver-based developer Sierra Geothermal Power, following last week’s approval of the transaction by Sierra stakeholders.
6 September 2010
Magma Energy Sweden, a wholly-owned subsidiary of Magma Geothermal, has closed the final portion of a previously announced agreement to acquire further shares of Iceland-based geothermal company HS Orka, resulting in it now holding a 98.53 per cent interest.
3 September 2010
The University of Michigan’s Frankel Commercialization Fund has provided an initial investment to a spin-out focused on the development of next generation energy-efficient microcontrollers aimed at extending the battery life of wireless devices Ambiq Micro.
3 September 2010
The announcement that a division of Canada-based SunOpta has been sold to Mascoma for $51m shows biofuel assets continue to demonstrate value to the to developers within this technology bracket.
3 September 2010
Tempress Systems, the solar power-focused subsidiary of global automation and solar product supplier Amtech Systems,has secured about $37m in new orders for its diffusion processing solar power systems from new and existing customers in Asia.
3 September 2010
Nevada Geothermal Power said it hopes to raise up to CAN$10m ($9.4m) through a non-brokered private placement in which it will sell 20 million of its shares at CAN$0.50 ($0.47) each after recording heavy losses earlier in the year.
3 September 2010
Wastewater company Insituform Technologies has been awarded a $5.9m wastewater pipeline contract from the city of Calgary in the Canadian province of Alberta.
3 September 2010
Communication technology major Cisco Systems plans to acquire Arch Rock, a privately-held developer of internet protocol-based wireless network technology for smart-grid applications based in San Francisco.
2 September 2010
Scotland-headquartered developer of innovative tidal energy technology Nautricity has completed its first equity investment funding round.
2 September 2010
Sierra Geothermal’s shareholders have approved a takeover of the company by US renewable energy business Ram Power, which is now set to acquire all of Canada-based Sierra’s issued and outstanding shares once approval is obtained from the Supreme Court of British Columbia.
2 September 2010
Australian algae biofuel company Algae Tec said it is undertaking an initial public offering (IPO) that is expected to close on 16 September and will lead to it listing on Australian Securities Exchange (ASX) by the end of the month.
1 September 2010
The Asian Development Bank plans to issues its inaugural clean energy bond to support renewable energy projects in the Asia and Pacific.
1 September 2010
Mustang Geothermal has completed the acquisition of three geothermal leases for a total of 9,800 acres located in the US state of Nevada from Minera Cerro El Diablo and Dakota Resource Holdings.
1 September 2010
Environment and energy-focused technology support service provider Aecom Technology has acquired government national security and intelligence services firm McNeil Technologies from private equity firm Veritas Capital and certain management shareholders.
1 September 2010
New Mountain Capital has acquired Mallinckrodt Baker, a company that manufactures high-purity chemicals used in the energy and environmental sectors, from Covidien for about $280m through an affiliate.
1 September 2010
Next-generation energy company KiOR has reached an agreement with the US state of Mississippi to build five commercial-scale renewable crude oil production facilities supplied by biomass in return for a state assistance package that includes a $75m loan.
1 September 2010
Argentina-headquartered renewable energy company IMPSA has sold over $730m worth of wind turbines to a selection of Brazilian buyers through its subsidiary Wind Power Energia, according to reports.
1 September 2010
UK private equity firm 3i Group is looking to sell its portfolio wind farm developer Global Energy Services (GES), according to reports.
31 August 2010
Unilever-backed advanced water desalination start-up Voltea has completed a €3.6m financing round to support the commercial roll-out of its breakthrough capacitive deionisation (CapDI) technology.
31 August 2010
Millennium Private Equity (MPE), which is owned by Dubai Islamic Bank and United Gulf Bank, has invested in an Islamic bond issued by clean technology development company International Innovative Technologies (IIT), according to reports.
31 August 2010
USG Nevada, a subsidiary of project developer US Geothermal, has closed financing for its geothermal project Sam Emidio through a project loan agreement with engineering specialist Science Applications International (SAI).
31 August 2010
Energy utility Exelon has made its entry into the wind power sector with an agreement to acquire project developer John Deere Renewables in a deal it expects will close late this year.
31 August 2010
Gortahile Windfarm, which owns and operates a 20MW project in County Laois, has been acquired by the fund managed by BNP Paribas Clean Energy Partners as a cornerstone investment to its Ireland portfolio.
31 August 2010
Taiwan-based solar energy company DelSolar has secured a second long-term wafer supply contract with GCL Solar Energy Technology after listing its shares in an initial public offering last week on the Taiwan Stock Exchange.
31 August 2010
Nordic-focused energy company Fortum has acquired a 40 per cent stake in the Blaiken wind farm, one of the largest onshore projects under development in Europe, the remaining 60 per cent of which is held by Swedish energy company Skellefteå Kraft.
27 August 2010
GoSolarUSA has inked another deal to configure energy development start-up PREE’s innovative proprietary PREEcharge technology, which captures electrons from local area network (LAN) and Bluetooth waves to convert power to recharge batteries for wireless devices.
27 August 2010
Rechargeable battery developer for electric vehicles ReVolt Technology has secured a $6.8m loan and tax credit package from authorities in Oregon and Portland in the US.
27 August 2010
Renewable energy services company Ameresco has agreed to purchase Oregon and Washington-focused energy services company Quantum Engineering and Development.
27 August 2010
Swiss-headquartered growth capital fund Cleantech Invest has sold a stake in SiC Processing in a trade sale to Nordic Capital Fund VII.
27 August 2010
Doughty Hanson Technology Ventures has acquired a significant stake and additional warrants to purchase shares in next generation solar inverter manufacturer Sustainable Energy Technologies for gross proceeds of $500,000, as part of a deal announced earlier in the month.
26 August 2010
Energy efficient lighting developer Lumenergi has raised $12.7m in Series B funding in a round led by Braemar Energy Ventures and joined by Townsend Venture Capital in addition to return backers Low Carbon Accelerator and Noventi Ventures.
26 August 2010
Agribusiness Bunge has joined a funding round for US-based industrial algae biofuel company Solazyme.
26 August 2010
Canadian developer Finavera Renewables has signed a co-development agreement with Scottish and Southern Energy (SSE) Renewables and Ireland state-owned renewables company Coillte, to jointly develop the 105MW Cloosh Valley wind project in the County Galway region of Ireland.
26 August 2010
UK electric vehicle infrastructure developer Chargemaster will look to secure venture capital funding by the end of the year, NewNet has learned.
26 August 2010
The California Energy Commission has approved the first loan from the Clean Energy Business Financing Program (CEBFP) to a Silicon Valley solar cell manufacturing facility and awarded more than $1.6m in funding to a variety of energy and water conserving research projects.
25 August 2010
A $12bn joint venture between Shell International Petroleum and Brazilian biofuel company Cosan is a step closer to being realised as the two companies have this week signed a binding agreement.
25 August 2010
Suntech Power has agreed to develop several solar plants in South Africa with a domestic company in a deal rumoured to reach up to $1bn.
25 August 2010
Data services provider TierPoint has secured $8.2m in debt financing from Bank of America, Evergreen Business Capital and the Small Business Administration, in addition to an internal cash infusion, which it will use to build an environmentally-friendly data centre.
25 August 2010
A team led by Pennsylvania State University has been granted a funding package from the US Department of Energy of up to $122m that will be awarded over the next five years to help it establish an Energy Innovation Hub.
25 August 2010
The US arm of Brazilian energy producer Petrobras and biofuel developer KL Energy have agreed to work together to optimise KL’s proprietary cellulosic ethanol process technology for sugarcane bagasse feedstock under a new joint development agreement.
24 August 2010
The European Bank for Reconstruction and Development (EBRD) will finance the introduction of electric trolleybuses in Moldova’s capital city Chisinau.
24 August 2010
South Africa’s state-owned utility Eskom will launch an international turbine tender for its first utility-scale wind farm towards the end of the year or early in 2011, NewNet has learned.
24 August 2010
The US Export-Import Bank (Ex-Im) said it will finance Energía Eólica de Honduras’ purchase of 51 Gamesa wind turbines for the first utility-scale wind project in Honduras with a $159m loan.
23 August 2010
Applied Materials’ early-stage technology backer Applied Ventures has taken an equity stake in Australian supplier of inspection and quality control systems for the photovoltaic manufacturing industry BT Imaging.
23 August 2010
Clean technology developer National Clean Fuels has acquired China National Solar, a company focused on the growth of solar technology and manufacturing in China.
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