News

Clean Edge covers the latest announcements, activities, and developments in clean energy.

Date Headline Source Description
11/04 Morocco Launches $2.9 Billion Renewable Energy Development Program New Energy Finance Moroccan National Electricity Office, state-owned electricity generator, has launched a $2.9 billion program for development of renewable energy in the country.
11/04 DOE Extends Application Deadline for Renewable Energy Loan Guarantee Solicitation Clean Edge News The U.S. Department of Energy (DOE) recently announced that it is extending the due date for submission of applications for loan guarantees under Title XVII of the Energy Policy Act of 2005 for the June 30, 2008 solicitation for energy efficiency, renewable energy and advanced transmission and distribution technologies.
11/04 Oregon BEST and BPA to Fund Wind Energy Storage Research Clean Edge News A proposal from Oregon State University researchers to the Bonneville Power Administration to explore new ways of controlling, storing and releasing power generated by wind turbines has been funded in part because the Oregon Built Environment & Sustainable Technologies Center (Oregon BEST) was able to supply needed matching funds at a critical time.
11/04 Danish Export Credit Agency Guarantees $60 Million Loan for Caribbean Wind Farm New Energy Finance A 30MW wind project on Aruba in the Netherlands Antilles has secured the $60 million of debt it needs to buy and install Vestas turbines, thanks to some financial muscle from Denmark\'s Eksport Kredit Fonden.
11/04 South Korea Announces $186 Million in Renewable Energy Funding New Energy Finance South Korea\'s Ministry of Knowledge Economy has announced a list of firms which will benefit from $186 million in funding for renewable energy development projects.
11/04 Construction of Massive 166 MW Solar Plant in Southern China Begins New Energy Finance Construction has begun of the Kunming Shilin 166 MW demonstration solar power plant located in southern China\'s Yunnan Province.
11/04 Time Magazine\'s Picks for Top Green Stories of 2008 GreenBiz.com The election of Barack Obama, the passage of renewable energy credits by Congress and the offshore drilling debate made the list of Time magazine\'s Top 10 Green Stories of the year.
11/04 EU Climate Package Accommodates Industry, Angers Environmentalists New Energy Finance European leaders have come to a compromise on the long disputed EU energy and climate package, allowing for more carbon credits and derogations from the auctioning system.
11/04 RWE Acquires Enova Division, Commits $3.9 Billion for 960 MW German Wind Farm New Energy Finance RWE Innogy, the renewables arm of German power group RWE, will invest $3.9 billion in a North Sea wind farm after acquiring project group Enova Energieanlagen.
11/04 Vestas Wind Announces Plan to Build in Portland Yahoo Finance Vestas Wind Systems, the world\'s largest maker of wind turbines, said Monday it plans to expand its North American headquarters in Portland by increasing its work force in the city from about 350 employees to at least 1,200 and building a roughly 500,000 square-foot office.
11/04 Imara Corporation, Developer of Advanced Lithium-Ion Batteries, Emerges From Stealth Mode Clean Edge News Imara Corporation, a researcher, designer andmanufacturer of next generation lithium-ion batteries,recently officially launched and announced its plan to deliver U.S.-based energy storage solutions.
11/04 Mariah Power, Manufacturer of the Windspire, Closes Second Round of Financing Clean Edge News Mariah Power,manufacturer of the Windspire, a residential and commercial wind power appliance,recently announced the closing of its second round of financing, aimed atfunding the growth of the company.
11/04 SolFocus to Develop the First Commercial CPV Plant in Greece Clean Edge News SolFocus recently announced an agreement with Concept, a division of the Samaras Group, to jointly develop the first commercial installation of Concentrator Photovoltaic (CPV) solar technology in the country of Greece.
11/04 Al-Husseini Group and Amelio Solar to Build Solar Plant and Manufacturing Facility in Jordan Clean Edge News The Al-Husseini Group, a diversifiedreal estate, industrial and trading organization based in Amman, Jordan, and Amelio Solar, a developer ofphotovoltaic module technologies and related manufacturing and power generation solutionsbased in Ewing, New Jersey, recently announced a joint venture to bring large-scale photovoltaicenergy production capacity to the Hashemite Kingdom of Jordan in cooperation with the government andthe national utility.
11/04 Evonik and Daimler Establish Lithium-Ion Battery JV New Energy Finance German companies Daimler and industrial group Evonik have joined forces to develop and produce lithium-ion batteries for electric vehicles.
11/04 Vu1 Completes $5 Million Round of Funding for Mercury-Free Efficient Lighting Clean Edge News Seattle-based Vu1 recently announced that between August 27 and November 15, 2008 it completed a round of funding with gross proceeds of $5 million.
11/04 UK Institute Reveals Pledges for $870 Million Investment in Offshore Technologies New Energy Finance Waters around the UK could host a 50 billion pounds sterling energy market in wind, wave and tidal power according to the Energy Technologies Institute, as it revealed 600 million pounds sterling of private and public sector funding for research-based projects.
11/04 Germany\'s Energy Efficiency Initiative Gets Another $20 Million New Energy Finance The German ministry of economy and technology has lent a boost to its Energy Efficiency and Climate Protection program with an additional 15 million euros ($20 million).
11/04 POET\'s Pilot Plant Producing Cellulosic Ethanol at a Rate of 20,000 GPY Clean Edge News POET, a producer of ethanol, recently announced that the POET Research Center in Scotland, S.D. is now producing cellulosic ethanol at a pilot scale, completing a crucial step toward development of commercially viable cellulosic ethanol.
11/04 Better Place Adds Ontario to List of Electric Car Network Projects Clean Edge News Better Place, a developer of electric car networks, recently announced a partnership with the government of Ontario to help bring an electric car network to the province and create a model for the adoption of electric cars in Canada.
11/04 Latest Clean Energy Investment Data Show Slowdown in H2 2008 New Energy Finance New investment in clean energy in 2008 broke the $150 billion barrier for the first time, according to figures released today by New Energy Finance, but there was a pronounced deceleration in the second half of the year.
11/04 Better Place Secures 103 Million Euros for Danish Electric Car Charging Network Clean Edge News Better Place, a developer of electric vehicle networks, recently announced in conjunction with DONG Energy, that it has closed approximately 103 million Euros in equity and convertible debt for the initial deployment of their electric car charging network in Denmark.
11/04 Beacon Power and National Grid to Study Flywheel Energy Storage Clean Edge News Beacon Power Corporation, a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, announced that it has executed an information sharing and performance evaluation agreement with the energy utility company National Grid.
11/04 Masdar Begins Construction on 10MW Solar Plant New Energy Finance Masdar, the Abu Dhabi renewable energy investor, has started construction on the first 10MW solar plant in the Middle East/North Africa region, at an estimated cost of $50 million.
11/04 Borrego Solar Raises $14M in First VC Round earth2tech Solar installer Borrego Solar Systems Inc. said Wednesday it has raised $14 million in venture capital financing.
11/04 Israeli BrightView Brightens Up With $6 Million Investment New Energy Finance Israeli solar start-up BrightView Systems has raised $6 million in a Series A round of financing.
11/04 $714 Million Syndicated Loan for FCC to Acquire Babcock & Brown Wind Spanish Assets New Energy Finance Spanish construction company Fomento de Construcciones y Contratas has revealed that it secured a 528 million euros syndicated loan to acquire Babcock & Brown Wind Partners\' Spanish portfolio.
11/04 Vattenfall to Pour $3.2 Billion Into UK Wind Energy Market by 2018 New Energy Finance Swedish state-owned utility Vattenfall has confirmed to New Energy Finance its intention to invest 2.5 billion euros ($3.2 billion) in Britain\'s wind energy market by 2018.
11/04 X Prize Foundation Targets Ultracapacitor Technology for New Contest Clean Edge News UC Irvine students Kyle Good and Bryan Le were crowned the winners of the X PRIZE Foundation
11/04 grosolar Acquires Residential Division of Borrego Solar Clean Edge News Two American solar power installers recently announced that they have entered into an agreement for groSolar of White River Junction, VT, to acquire the residential solar division of Borrego Solar Systems of El Cajon, CA.

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