Policy, investment and markets News for November 2012

Policy, investment and markets News Archive

UK: Green Investment Bank “open for business” UK: Green Investment Bank “open for business”

The UK has become the first nation with a state-backed investment bank aimed specifically at financing the clean-tech sector, with the official launch of the UK government’s flagship Green Investment Bank (GIB).

Tokyo Electron buys Oerlikon Solar

Solar PV component manufacturer Tokyo Electron (TEL) has completed its acquisition of Oerlikon Group’s solar arm, buying Oerlikon Solar for 250 million Swiss francs (US$268 million), Oerlikon announces.

New Whitepaper: UK Wind & Marine Energy Business Barometer 2012

The UK wind and marine industry is at a pivotal point. The potential for growth is immense, but there are many unanswered questions about how that growth can be achieved, especially in times of economic austerity. The second UK Wind and Marine Energy Business Barometer highlights industry awareness of the challenges to be overcome.

UK government agrees Energy Bill package

The UK government has unveiled the package for its upcoming Energy Bill, which aims to deliver the biggest reform of the electricity market since privatisation.

Driving forward wind and marine in the UK

Guest Blog by Felicia Jackson

Frost & Sullivan: Venture capital funding for renewables to triple by 2020

Renewables developers will benefit from a threefold increase in availability of venture capital for investment in solar, wind biofuels, geothermal and marine and hydro energy, according to London-based financial services company Frost & Sullivan.

Calls mount for acceleration of clean energy revolution

Greenpeace has joined calls for the acceleration of the clean energy revolution in the wake of the United Nations’ report into progress on scaling back climate change, which revealed that greenhouse gases are 14% higher than they need to be in 2020 if the world is to avoid warming above 2 degrees Celsius.

Masdar to develop 15 MW solar plant in Mauritania

The project is the first utility-scale solar power installation in the Islamic Republic of Mauritania and will deliver 10 per cent of electricity capacity in Mauritania.

Scotland takes advantage of Westminster's mixed messages

In contrast to the mixed messages coming from Westminster in recent times that many believe have constrained renewable energy development in parts of the UK, Scotland has made its renewable energy aspirations clear with some eye catching announcements...

Tough times, tough actions - time for a greentech patent amnesty?

Guest Blog by Barry Johnston

BioTherm Energy steams ahead with South African wind and solar projects

Johannesburg-based BioTherm Energy has agreed financing terms for one wind and two solar PV projects in South Africa.

Sulzer Pumps to supply Spanish, Indian CSP projects

Sulzer Pumps is to supply pumps for several concentrated solar power (CSP) projects in Spain and India, the Switzerland-based company announced on Tuesday.

Areva announces wind turbine factory in eastern Scotland Areva announces wind turbine factory in eastern Scotland

French wind turbine manufacturer Areva has signed a Memorandum of Understanding (MoU) with the Scottish government to build a wind turbine manufacturing plant in eastern Scotland, the company announced today.

Surge in solar energy news from South Africa – Top 5 solar power project announcements this month (so far)

The solar power market in South Africa has ramped up a gear, with a stream of project news emanating from the country in recent days.

UK funding to develop fuel cell and hydrogen manufacturing and supply chain, and foster European collaboration

The UK’s Technology Strategy Board is launching a programme of funding for business-led innovation to stimulate the development of fuel cell and hydrogen technologies, starting with two competitions for feasibility studies.

IMS Research: CPV advances set to "ignite market development"

On-going, significant technological advances from companies such as Solar Junction and Amonix will help drive concentrated photovoltaic (CPV) installations to almost 1.2 GW by 2016, reports IMS.

UK's DECC announces £10 million to spur innovation in offshore wind

Innovators across the country have been invited to develop ideas aimed at reducing the cost of offshore wind power.

Campbell Soup and CH4 Biogas LLC to develop biogas plant in Ohio Campbell Soup and CH4 Biogas LLC to develop biogas plant in Ohio

Campbell says the plant will use direct waste generated from its soup, sauce and beverage facility

Canadian Solar supplies modules for Turkey's largest commercial PV project

The 540 kW solar power plant at Izmir Airport, installed by Gehrlicher Merk Solar, is the first PV project under the new Turkish 500 kW law

SolarReserve consortium completes $586mn financing for South African solar PV power projects

Joint venture's two 75-megawatt solar photovoltaic projects will spur economic development, create jobs and contribute to South Africa's renewable energy goals

AES Solar completes $752mn debt financing and kicks off construction on 266MW utility-scale solar project in US

The company's global solar PV portfolio now totals more than 500MW in operation or construction in seven countries.

Renewable energy to become world's second-largest power generation source by 2015, says IEA

The global energy map is changing “in dramatic fashion”, the International Energy Agency (IEA) said today, as it launched the 2012 edition of its World Energy Outlook.

US set to overtake Germany for utility-scale solar power next year

With more than 1GW installed capacity of large scale solar farms, the US has surpassed Spain to become the second largest market behind Germany, according to the latest data from sector specialists Wiki-Solar.

Indo-European joint initiative to assess biomass and bio-waste conversion potential

An Indo-European joint initiative for strengthening networking on biomass research and bio-waste valorisation for a sustainable bio-based economy has been initiated through 'SAHYOG' under the joint sponsorship of European Commission and Government of India's Department of Biotechnology.

Guest Blog: Global Energy Access by 2030?

By Mathias Aarre Maehlum, EnergyInformative.org

Editor's Blog: Paradise lost?

Who doesn’t dream of a few weeks escape to a tropical island paradise like the Maldives?

New calculations show nuclear is "much more expensive" than offshore wind power

Renewable energy makes sense on cost, security, and environmental grounds, says group

Korean 121.8 MW order for FuelCell Energy is largest yet for the fuel cell industry

US-based FuelCell Energy has received an order from its South Korean partner, POSCO Energy, for 121.8 MW of fuel cell kits and services. The order is the biggest the fuel cell industry has yet seen.

Shocking wake-up call on global warming – report stresses renewable energy investment needs

Despite the billions of investment being ploughed into renewable energy and low carbon technologies across the globe, the world is failing dramatically in its battle to stem the tide of global warming, according to research published yesterday by PricewaterhouseCoopers (PwC).

Guest Blog: Ahead of this week's US election the message is clear - the green revolution will be crowdfunded

The green blogosphere has been ablaze with posts, tweets, and comments about the second US presidential debate in which the two candidates squared off on their respective energy approaches.

Siemens to drop PV but keep wind and hydro

The company says it is holding talks with various parties interested in buying Siemens solar PV assets, but will continue to offer products for solar thermal and PV power plants.

New Podcast: Interview with Jim Doyle, president of Panasonic Eco Solutions North America

To grow its solutions portfolio in North America, Panasonic Eco Solutions North America has engaged in end-to-end solutions that include financing options to better serve and provide added value to our customers. In this Podcast, Jim Doyle tells us what this means for the industry in general, as well as it's customers specifically.