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Renewable Ventures closes $200 million solar fund
06 August 2009Renewable Ventures has raised $200 million into its latest solar fund, which will finance development of 35MW of utility-scale projects across the US in the next year.
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Germanischer Lloyd and Garrad Hassan to merge
06 August 2009Germanischer Lloyd (GL) and Garrad Hassan, two of the leading engineering and consultancy companies serving the wind industry, have announced plans for a merger.
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Bosch acquisitions herald solar consolidation
06 August 2009Technology giant Bosch announced this week plans to take over two German solar companies – potentially representing the largest clean-tech deal since the financial crisis and heralding likely consolidation in the sector.
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Production cuts help ArcelorMittal reduce emissions
06 August 2009ArcelorMittal cut its greenhouse gas emissions by 8.2% in 2008, despite increasing the emissions intensity of its steelmaking operations.
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Morgan to head WRI's climate team
06 August 2009Climate policy veteran Jennifer Morgan is to join the World Resources Institute (WRI) as director of its climate and energy programme, succeeding Jonathan Pershing who left in March to become deputy special envoy for climate change for the US.
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US wind energy expansion slows
30 July 2009The expansion of the US wind sector slowed in the second quarter of 2009, jeopardising the industry's record pace of growth.
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Indian Energy to reopen AIM IPO market?
30 July 2009Indian wind energy developer Indian Energy has announced that it is seeking a listing on the London Stock Exchange's Alternative Investment Market (AIM) – which would be London's first clean-tech flotation since the financial crisis began last year.
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China steps up solar, wind support
30 July 2009With more policy support for renewable energy still forthcoming, China this month announced a plan to subsidise at least 500MW of solar power installations as well as a fixed feed-in tariff for wind power projects.
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Banks, EIB plan £1 billion financing for UK onshore wind
30 July 2009In a bid to re-start UK onshore wind development after the credit crunch, the government, the European Investment Bank (EIB) and three commercial banks are planning a £1 billion ($1.65 billion), three-year financing programme.
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€546m funding closes for former Econcern offshore wind farm
30 July 2009The Belwind offshore wind project has closed €546 million ($768 million) in financing, bringing it back from the brink after the original developer Econcern filed for bankruptcy. Construction of the 165MW first phase of the €613.9 million wind farm, located 47 kilometres off the Belgian coast, is set to begin on 1 September.