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Crown Estate’s Orkney licensing is ‘Saudi Arabia’ of marine power, Scotland’s First Minister says

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

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Swiss solar technology company Meyer Burger wins €172m Asian order

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.

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Atlantic Wind and Solar signs $120m project financing agreement with Canada Green ESCO

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.

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Pulse Energy project awarded $2.5m by Sustainable Development Technology Canada

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.

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Biomass energy company Dragon Power receives $4bn from China Construction Bank

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.

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E.ON and ScottishPower awarded carbon capture and storage funding

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.

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Elia to buy Vattenfall’s German grid for €810m, focus on offshore wind connection

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.

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Trina Solar ramps up delivery of solar PV products to Italian ENERQOS

NYSE-listed solar (PV) photovoltaic manufacturer Trina Solar is to increase its yearly shipments to Italian turnkey solar plant provider ENERQOS.

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Carbon Trust forms consortium to develop carbon efficient transport biofuel and awards grant to develop microwave waste-to-biofuel technology

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.

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German superconductor developer Bruker Energy & Supercon Technologies (BEST) acquires assets of thin film developer AIXUV

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.

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US biodiesel supplier Renewable Energy Group acquires two new plants to increase capacity

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).

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Sovereign Capital and Future Environmental Services form Euro Environmental Group

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.

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First Solar sells 30MW New Mexico solar project to US electricity generator Southern Company and Turner Renewable Energy

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.

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Hydro developer Innergex wins three contracts under Canadian utility BC Hydro’s clean power call

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.

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Caisse des Dépôts and Solairedirect close financing of twin 23.6MW solar park

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.

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Renewable energy company RES secures funding for Scottish wind farm under European Investment Bank scheme

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

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Lyondell Chemical to pursue $3.25bn of first priority debt financing

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.

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US solar manufacturer SunPower awarded two research grants totalling $1.5m

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.

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Israeli biofuel developer Evogene’s revenues triple in 2009

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.

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UK marshes to get £3.76m grant to develop renewable energy hub

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.

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Powerit Solutions completes Diana Solutions merger

Seattle-based smart grid developer Powerit Solutions has completed its merger with Scandinavian counterpart, Sweden-based Diana Solutions.

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Eltek Valere signs $12m hybrid power solution agreement with international mobile operator

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.

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Ormat Technologies completes acquisition of interest in Tuscarora geothermal project

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.

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Carbon Trusts joins strong investor line-up with £3m commitment to sensor developer Oxsensis

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.

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Technology developer Sensata in $569m IPO

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.

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Energy utility Edison to buy 200MW of SunPower’s solar equipment for expansion programme

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

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Siemens wins €30m contract to improve power supply network in Middle East

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.

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Trina Solar signs solar PV sales agreement with US wholesale distributor Essco

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.

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US electricity provider NV Energy to buy power from Waste Management’s landfill site

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.

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U.S. Geothermal announces $8.6m private placement financing

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.

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Spanish renewable energy company Acciona wins €450m Mexico wind park deal

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.

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ThermaSource signs geothermal drilling contract with Polaris Energy Nicaragua

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.

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AEG Power Solutions acquires majority stake in skytron energy

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.

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WI Harper Group invests in Chinese LED lighting company Testar

LED lighting technology company has agreed to become an independent entity and to receive an investment from China-focused venture capital firm WI Harper Group. This infusion of capital allows the company to expand its operations in providing testing services for LED chip manufacturers across Asia, Testar said.

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First Solar signs contract with PG&E for 300MW photovoltaic solar power project

NASDAQ-listed solar module manufacturer First Solar has signed a power purchase agreement to supply US energy utility Pacific Gas and Electric Company with renewable electricity from a 300MW utility-scale photovoltaic solar power facility that First Solar is developing in Southern California.

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Prime Sun Power to sell Italian solar PV plant for €100m

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.

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Solar Power receives $24.7m commitment from $787bn American Recovery and Reinvestment Act

Solar module manufacturer Solar Power has received an initial commitment of $24.7m in Recovery Zone Facility Bonds (RZFB) by Sacramento County

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First Wind receives $117m loan from US government for Hawaii wind project

US wind energy company First Wind has been awarded a $117m loan guarantee from the US Department of Energy (DOE) to finance the build of a 30MW Kahuku wind project in Hawaii.

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Solon closes 20MW solar module supply agreement with entrason

European solar module manufacturer Solon has closed a framework agreement for the supply of solar modules over several years with the solar distributor entrason.

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Bridges Ventures leads investment in waste energy company AeroThermal Group

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.

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Bergamo announces $500m Lebanese solar power project

Listed energy developer Bergamo Acquisition has announced a new, $500m solar power project for the Republic of Lebanon.

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ITM Power signs deal with Ballast Nedam Sustainability Services for pilot energy storage project

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.

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Clean energy investor Low Carbon Accelerator looks to cash-on in UK incentives with investment in Vigor Renewables

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).

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Future Fuels acquires UK biofuel plant site

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.

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Suzlon receives 52.5MW wind turbine order from Gujarat State Petronet

India’s largest wind turbine manufacturer Suzlon Energy Limited (SEL)has won a major order from Gujarat State Petronet Ltd (GSPL) to set up, operate and maintain its 52.5MW wind energy project in the Rajkot and Porbandar districts of Gujarat.

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South Korea-based Daewoo chooses Nova Scotia for wind turbine production plant

South Korea-based industrial group Daewoo Shipbuilding & Marine Engineering (DSME) has chosen Nova Scotia, Canada, for its North American production centre for wind turbine towers and blades. The operation will be located in Trenton, Pictou County, and is expected to be operational by fall 2010.

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Italian power utility Enel looks to merge Spanish power assets

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.

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Wind turbine manufacturer Suzlon secures Indian wind farm deal and pushes portfolio to more than 100MW

India’s largest wind turbine developer Suzlon Energy will increase its portfolio to more than 100MW with a new order from Gujarat State Petronet (GSPL) to set up, operate and maintain a 52.5MW wind energy project.

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State-owned Finnish Industry Investment makes €6.6m investment in solar glass supplier Glaston

Government-owned investment company Finnish Industry Investment has made a €6.6m investment in glass technology company Glaston, which supplies the solar industry.

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Proinso awarded 3.2 MW of Greek solar supply contracts

Spanish renewable energy company Proinsohas been awarded the supply of 3.2MW of various solar photovoltaic farms in Greece.

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