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Solar firms struggle in tough first quarter
05 May 2011Solar manufacturers have started reporting first quarter results, with policy uncertainty among the factors lowering profits and leading to a gloomy outlook for the next three months.
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Italian solar sector may get three-month subsidy reprieve
05 May 2011Italian solar developers appear to have won a small reprieve, with the government indicating current incentives for solar installations will be extended until the end of August.
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Targets will lift Australian clean energy investment to $39bn by 2020
04 May 2011Renewable energy investment in Australia could total A$36 billion (US$39 billion) over the coming decade, as the country targets 20% clean energy by 2020, according to Bloomberg New Energy Finance (BNEF).
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Total makes bid to buy SunPower
03 May 2011French oil firm Total has made a friendly takeover offer for SunPower, which values the California-based solar manufacturer and project developer at $2.3 billion.
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Acquisition boosts Suez Environnement earnings nearly 30%
02 May 2011French water and waste firm Suez Environnement posted a nearly 30% rise in first quarter pre-tax earnings while revenue was up 14%, boosted by the acquisition of Spanish water and services group Agbar.
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AEP sets new 2020 carbon reduction targets, but warns its hands are tied on climate
28 April 2011Giant coal-burning utility American Electric Power (AEP) has set a new goal for reducing greenhouse gas (GHG) emissions, following the expiry of its targets under the Chicago Climate Exchange (CCX) programme.
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CCS boost as $1.3bn Saskatchewan project gets nod
28 April 2011Canadian authorities have given the green light to a C$1.24 billion (US$1.3 billion) carbon capture and storage (CCS) demonstration plant in Saskatchewan, which aims to slash annual greenhouse gas emissions by around 1 million tonnes of carbon dioxide equivalent.
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BrightSource eyes $250m IPO
26 April 2011California-based solar thermal developer BrightSource Energy hopes to raise up to $250 million in an initial public offering (IPO), it said on Friday in a filing to the US Securities and Exchange Commission.
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Biofuels could meet a quarter of transport need without starving the poor – IEA
21 April 2011Global biofuel use could increase more than 13-fold by 2050 and meet more than a quarter of demand for transportation fuel, without jeopardising food and environmental security, the International Energy Agency (IEA) has said.
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EnBW eyes €8 billion renewables investment, bemoans nuclear shutdown
21 April 2011German utility EnBW plans to almost double its renewable power capacity in the next 10 years, requiring an investment of €8 billion ($12 billion).