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- May 2009
Policy, investment and markets News for May 2009
Renewable energy advocates in the USA were disappointed with the renewable portfolio standard (RPS) included in legislation passed by a key House committee on 21 May.
22 May, 2009
KPMG’s annual report into mergers and acquisitions (M&A) in renewable energy, The Winds of Change, has uncovered ‘hot spots’ for future deal activity and the implications of the recession on the renewables market.
19 May, 2009
The Ontario Power Authority (OPA) has revised its proposed feed-in tariffs for renewable energy in Ontario, Canada.
18 May, 2009
The UK Carbon Trust and the China Energy Conservation Investment Corporation (CECIC) have signed an agreement to develop and deploy low carbon technologies in China – a deal that could help British export of low carbon technologies into China.
15 May, 2009
Solar cell manufacturer Q-Cells saw a 75% fall in first quarter (Q1) operating profit (EBIT) to €14.7 million as uncertainty over the financing of solar photovoltaic (PV) system hit.
15 May, 2009
A solar water heating programme has been launched in Ottawa, Canada, by Canadian renewable energy electricity provider, Bullfrog Power, together with Enbridge Gas Distribution, EnerWorks, and the Government of Canada.
13 May, 2009
The Australian approval of the federal government’s renewable energy target (RET) brings Australia to the brink of unleashing more than A$20 billion of new clean energy investment, according to the Australian Clean Energy Council (CEC).
11 May, 2009
All homes in Britain could have smart meters installed by 2020, according to plans published by the UK Department of Energy and Climate Change (DECC).
11 May, 2009
President Obama’s Fiscal Year 2010 budget request for the Department of Energy has cut $100 million from the Fuel Cell Technologies program (formerly Hydrogen Technology), reducing it by nearly 60% compared with the FY 2009 appropriation. The National Hydrogen Association and US Fuel Cell Council were quick to criticize the program cuts, saying in a joint statement that the cuts ‘threaten to disrupt commercialization of a family of technologies that are showing exceptional promise, and beginning to gain market traction.’
07 May, 2009
3TIER has received an American Wind Energy Association 2009 Award for developing FirstLook - a free Web-based wind and solar energy prospecting tool.
06 May, 2009
First Solar reports first quarter (Q1) net income of US$164.6 million, soaring 253% from the same period in 2008. At the same time, the solar company has initiated the search for a new chief executive officer.
06 May, 2009
Solar energy offers enormous potential for a tropical country like India where around 45% of households, mainly rural, do not have access to electricity, according to Research and Markets’ report Indian Solar Energy Market Outlook 2012.
06 May, 2009
The European Parliament passed the €5 billion European Union (EU) Economic Recovery Plan on 6 May 2009, which will see investment in energy projects, broadband internet infrastructure and rural development.
06 May, 2009
The Oerlikon Group was hit by the global recession in the first quarter (Q1) of 2009 with orders down 46% to CHF599 million, but Oerlikon Solar is set to recover by the second half of the year.
05 May, 2009