 |
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
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
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
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
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
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
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 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
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
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
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
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
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
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
Technology-focused venture capital firm New Enterprise Associates (NEA) has appointed industry veteran Ron Bernal as a venture partner. In this new role, Bernal, a former entrepreneur-in-residence with NEA will work with the firm’s enterprise infrastructure and services, electronics and energy technology teams.
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
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
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
Chinese solar energy company Yingli Green Energy reported a fourth quarter loss of $6.6m due to operating expenses and foreign exchange losses but said it remained confident in its ability to achieve its full-year shipment guidance of up to 1GW.
9th March 2010
Publically traded energy production company National Energy Services Company, has agreed to expand its operations to sell and install micro-turbines in California and the Southwestern US to residential and commercial structures.
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
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
US photovoltaic company SPG Solar has hired Chris Robine as senior vice president and CFO. Robine replaces Paul McKnight who will be leaving SPG Solar to pursue other opportunities.
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
Semiconductor equipment maker for the solar industry Applied Materials has increased its dividend by 17 per cent and approved a new stock buyback programme authorising up to $2bn in repurchases over the next three years
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
Renewable energy firm China WindPower Group posted a 55 per cent increase in nine-month profit, with income rising to HK$181.2m ($23.24m) from HK$116.8m ($15m), as it announced its 2010 expansion plans.
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
Chinese solar cell manufacturer Tainergy Tech will list on the Taiwan Stock Exchange this year and enter loan arrangements to boost its domestic production capacity, according to reports.
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
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
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
US community wind developers OwnEnergy and Horn Wind have completed development of a 51MW wind power project in Texas. The two companies developed the project as a joint venture and have subsequently sold a majority stake in the project to a global renewable energy company.
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
Listed US renewable energy company ESE Corp is to change its name to Renaissance BioEnergy.
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
