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16th March 2010
UK motorway service area company Moto has significantly reduced food waste sent to landfill at its Exeter location, thanks to the installation of BioNova’s Accelerated Aerobic BioDigester.
16th March 2010
US Pink Sheets-listed solar technology provider TGI Solar Power Group plans to file international patents for Ukraine-based research group Ekoplaz Technology.
16th March 2010
Pink Sheets-listed energy efficiency and biofuel technology developer Global Resource, which develops patented microwave-based technologies for recycling tyres and converting hydrocarbon materials into fuels, has restructured its board of directors.
16th March 2010
Financing for renewable energy projects will be available for well structured projects but will not recover to pre-credit crunch levels, RES UK and Ireland COO Gordon MacDougall told NewNet, as the company announced a £76m funding package through the European Investment Bank (EIB).
16th March 2010
Pink Sheets-listed restaurant waste-to-biofuel developer EcoPlus and Berkeley County, South Carolina, US have entered into an agreement for the development of a brown grease processing facility to be situated in the county, which will convert brown grease restaurant waste into a solid fuel product.
16th March 2010
Natural resource investor FourWinds Capital Management (FWCM) said it plans to launch a fund targeting opportunities in the Middle East and Africa (MEA) water and waste-to-energy sectors, its CEO Kimberly Tara told NewNet.
16th March 2010
Power utility E.ON Climate & Renewables (EC&R) will invest €6.6m to reduce greenhouse gas emissions from a landfill site near Hanoi, Vietnam, with landfill gas specialist Bionersis, which is already discussing further opportunities in the country, Bionersis CEO Nicolas Heuzé told NewNet.
16th March 2010
BAE Systems has delivered its first hybrid electric systems to bus manufacturer Alexander Dennis, which it has partnered with since 2007, to power 56 clean, green and efficient double-decker buses in Oxford and Manchester, UK.
16th March 2010
The head of Siemens’ wind power division, Andreas Nauen, has left to become chief executive of rival REpower and is due to join on 1 October 2011 at the latest.
16th March 2010
UK wave energy converter developer Pelamis Wind Power and renewable energy developer Marine Current Turbines (MCT) are among the successful bidders for the 1.2GW world’s first commercial wave and tidal leasing round for ten sites in Scotland’s Pentland Firth and Orkney waters, proposed for 2020.
16th March 2010
The Crown Estate’s Pentland First and Orkney Waters licensing round will echo the development of oil by Saudi Arabia in the area of marine renewables, according to Scotland’s First Minister Alex Salmond
16th March 2010
Scottish renewable power generator SSE Renewables and technology developer Aquamarine Power have been granted exclusive development rights in the latest leasing round by The Crown Estate for a 200MW Brough Head wave farm off the coast of Orkney.
16th March 2010
Swiss technology provider for the solar markets Meyer Burger has diversified its order book with a new CHF250m (€172m) contract from a customer in Asia.
16th March 2010
Pink Sheets-listed Atlantic Wind and Solar has successfully completed a $120m financing agreement with green energy funding company Canada Green ESCO, which it said paves the way for its wholly owned subsidiary Atlantic Solar to proceed with its photovoltaic projects and expand its foothold in the Ontario rooftop market.
16th March 2010
NASDAQ-listed clean technology financer Sustainable Development Technology Canada (SDTC) has announced it will award $2.5m in funding to a project led by Vancouver-based Pulse Energy to develop and demonstrate an intelligent energy management platform.
16th March 2010
A subsidiary of biomass power plant operator Dragon Power, National BioEnergy, will receive up to RMB28bn ($4.1bn) in funding from the China Construction Bank for it to construct facilities across China over the next five years.
15th March 2010
Energy companies E.ON and ScottishPower have received awards from the UK government as part of its on-going competition to develop a commerciallyviable clean coal project.
15th March 2010
Germany may delay proposed cuts to its solar feed-in tariffs that the cabinet has recently approved to be implemented on 1 July, according to reports
15th March 2010
Belgium transmission system operator Elia and infrastructure investor Australian Industry Funds Management (IFM) have agreed to purchase Nordic electricity generator Vattenfall’s German transmission grid for €810m and will work to ensure reliability of supply as offshore wind installations get added to the network.
15th March 2010
The Carbon Trust’s fund manager Threadneedle and developer Stanhope are to partner in a new fund that aims to significantly increase the availability of high specification low carbon commercial property in the UK.
15th March 2010
NYSE-listed solar (PV) photovoltaic manufacturer Trina Solar is to increase its yearly shipments to Italian turnkey solar plant provider ENERQOS.
15th March 2010
The Carbon Trust has invested £7m in the creation of a consortium of UK businesses led by Axion Energy to develop a commercially viable process to turn municipal and wood waste into transport biofuel.
15th March 2010
German superconducting materials developer Bruker Energy & Supercon Technologies (BEST) has acquired the assets of Aachen, Germany-based AIXUV, which develops extreme ultraviolet XUV and EUV systems for thin-film applications. The company said AIXUV has been relocated to the BEST operations base in Bergisch Gladbach but financial terms of the transaction were not disclosed.
15th March 2010
Future Capital Partners, a £6bn alternative investment boutique, has appointed Esther Lewis as business development manager.
15th March 2010
US biodiesel manufacturer Renewable Energy Group (REG) has completed the acquisition of two commercial-scale biodiesel plants, increasing its capacity to 122 million gallons per year (MGY).
15th March 2010
The European Union said that it is on track to meet its commitment for 20 per cent of power production met by renewable resources by 2020. The EU is on course to surpass the target set out in the Renewable Energy Directive by 0.3 per cent, according to a recent forecast.
15th March 2010
UK private equity buy-and-build specialist Sovereign Capital has acquired certain trading assets of Future Environmental Services in the first transaction for the recently-backed Euro Environmental Group, creating a UK provider of drain and sewer cleaning, inspection, surveying and repair services.
15th March 2010
US solar company First Solar has sold a 30MW photovoltaic solar project in New Mexico to electricity generator Southern Company and solar development company Turner Renewable Energy. Financial terms of the transaction were not disclosed.
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.
15th March 2010
Hydroelectric and wind power plant operator Innergex Renewable Energy is one of the companies awarded power purchase agreements by Canada’s largest utility British Columbia Hydro (BC Hydro) under its recent clean power call.
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.
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
