Cisco and Itron Join Forces to Deliver Next-Generation Smart Grid Platform

According to the press release, “Itron Inc. (NASDAQ: ITRI) and Cisco announced today a strategic alliance that will advance the transformation of the world’s energy infrastructure. Together, the two will deliver a definitive 21st century Internet Protocol (IP)-based communications platform to the smart grid market and help advance more consistent and reliable delivery of energy [...]

Biofuel demand driving “land grab” in Africa: report

According to Reuters, “Biofuel demand is driving a new “land grab” in Africa, with at least 5 million hectares (19,300 sq miles) acquired by foreign firms to grow crops in 11 countries, a study by an environmental group said on Monday. The contracts by European and Asian companies for land to grow sugar cane, jatropha [...]

Former Bridgelux CEO Mark Swoboda Takes the Reins at Intematix

According to the press release, “Intematix, a leading innovator of patented phosphors for high quality LEDs, today announced the appointment of Mark Swoboda as chief executive officer. Swoboda, one of the LED industry’s most successful leaders, has been a pioneer in lighting with a track record that spans 27 years. Swoboda will guide Intematix as [...]

Cosan and Shell sign joint venture

According to the press release, “London and São Paulo, August 25, 2010 – A US$12-billion joint venture between Shell International Petroleum Company Limited (Shell) and Cosan S.A. (Cosan) moved closer to reality today when the two companies signed binding agreements. The proposed joint venture, which still requires regulatory approval, will produce and commercialize ethanol and [...]

Statoil: renewables must be profitable long-term

According to Reuters, “Statoil said on Monday that renewable energy projects must demonstrate their long-term profitability for the Norwegian company and other oil and gas producers to invest in them. Chief Executive Helge Lund said his company, which has invested in offshore wind and carbon capture storage (CCS) technology in recent years, was committed to [...]

Silver Spring Networks Announces Contract Extension with FPL

According to the press release, “Silver Spring Networks, a leading Smart Grid solutions provider, announced today a multi-year extension of its agreement to provide managed services to Florida Power & Light Company (FPL), the largest electric utility in Florida and one of the largest rate-regulated utilities in the United States. Under the terms of the [...]

enXco and Solaria Sign Supply Agreement

The press release states, “enXco – an EDF Energies Nouvelles Company (PARIS: EEN) and Solaria Corporation announced today a five year global supply agreement under which module manufacturer Solaria will supply their patented solar module to enXco as well as a small equity investment from enXco in Solaria. The agreement, which is a combination of [...]

Japan to subsidize energy-efficient plants: report

According to Reuters, “Japan’s government plans to subsidize domestic plants producing clean-energy and energy-efficient goods under steps to support the slowing economy, the Nikkei newspaper said, as the murky outlook keeps firms from boosting spending at home. A strong yen is putting additional pressure on Japan’s fragile economy, which is already seeing slowing growth and [...]

Magma Energy Purchases of a Further Interest in Icelandic Geothermal Energy Producer

According to the press release, “Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed a portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds an 84.21% interest in HS Orka. The acquisition was originally announced [...]

Centrica reaches agreement to acquire additional Canadian gas assets

According to the press release, “Centrica plc today announced that its North American subsidiary, Direct Energy, has reached an agreement with Suncor Energy (TSX: SU, NYSE: SU), to acquire its natural gas assets in the Wildcat Hills region of Alberta, for a cash consideration of C$375 million (£229 million). This acquisition will provide Direct Energy [...]

Ford, Detroit Edison, Xtreme Power to Build One of Michigan’s Largest Solar Energy Systems

According to the press release, “Ford Motor Company is teaming with Detroit Edison, Xtreme Power and the state of Michigan to establish one of the largest solar power generation systems in the state at Ford’s Michigan Assembly Plant. The renewable energy captured by the project’s primary solar energy system will help power the production of [...]

Gevo to Acquire Agri-Energy Ethanol Production Facility to Produce Isobutanol

According to the press release, “Gevo, a privately held renewable chemicals and advanced biofuels company, today announced it has signed definitive agreements to acquire Agri-Energy’s ethanol production facility in Luverne, Minn. “This transaction is another important step in achieving our goal of bringing commercial volumes of renewable isobutanol to the market as soon as possible,” [...]

Energy Conversion Devices Announces Manufacturing Capacity Realignment

According to the press release, “Energy Conversion Devices, Inc. (ECD) (Nasdaq:ENER), the leading global manufacturer of thin-film flexible solar laminate products for the building-integrated and commercial rooftop markets, today announced that it is realigning solar manufacturing capacity in its United Solar business among its existing facilities as part of its overall cost reduction activities. Effective [...]

ICE cuts staff at Chicago Climate Exchange: sources

According to Reuters, “Market operator Intercontinental Exchange Inc. is laying off staff at newly acquired U.S. environmental bourse the Chicago Climate Exchange (CCX), industry sources told Reuters, citing a lack of U.S. action on climate change. They said the first round of layoffs began on July 23 and, although the total number of jobs to [...]

Enel Green Power Espana receives 50% of the Iberian JV Assets

According to the press release, “Today Enel Green Power SpA (“EGP”) and its subsidiary Enel Green Power España SL (“EGPE”) announced the signing of an agreement with Gas Natural SDG, SA (“Gas Natural Fenosa”) for the break-up of all the assets of Enel Union Fenosa Renovables, SA (EUFER), a 50% joint venture between EGPE and [...]

Spurned Chinese developers blast U.N. CO2 rulings

According to Reuters, “Developers behind the 19 Chinese wind and hydropower projects rejected by a U.N.-backed clean energy investment panel have accused the board in charge of making arbitrary and non-transparent rule changes. Most said they had no choice but to reapply to try to earn internationally tradeable carbon offsets they said were needed to [...]

GM and Bright Automotive Announce Strategic Relationship

According to the press release, “Bright Automotive and General Motors Co.  announced Tuesday they have agreed to pursue a strategic relationship and that GM has  provided funding to the Indiana automaker, the first  funding action by the newly formed General Motors Ventures LLC. The funding will help accelerate Bright’s production of the IDEA, a revolutionary [...]

Vestas receives order from leading Chinese wind energy developer

According to the press release, “Vestas, the world leader in wind energy, received an order from China Longyuan Power Group for 18 units of the V80-2.0 MW turbine, totaling 36 MW. The order represents another step in the collaboration, which Vestas has had with this important customer for several years. China Longyuan Power Group is [...]

Yingli Green Energy to Collaborate with Innovalight, Aiming to Boost Multicrystalline Cell Efficiency

According to the press release, “Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which holds the brand “Yingli Solar,” today announced that it has signed a technology, research and production collaboration agreement with Innovalight, [...]

Finavera Renewables Signs $7.5 million Joint Development Agreement with GE Energy

According to the press release, “Finavera Renewables Inc. (‘Finavera Renewables’ or the ‘Company’) (TSX-V: FVR) is pleased to announce it has entered into a project development partnership with GE Energy, a business unit of GE. Under the terms of the Joint Development Agreement (JDA), GE will provide Finavera Renewables with project development funding up to [...]

Applied Materials Announces Restructuring of E & E Solutions Segment

According to the press release, “Applied Materials, Inc. (Nasdaq:AMAT) today announced plans to restructure its Energy and Environmental Solutions (EES) segment to put a primary emphasis on opportunities in crystalline silicon (c-Si) solar and advanced energy, including light emitting diode (LED) technology. Upon completion of the restructuring plan, annual operating expenses are expected to decrease [...]

Terra-Gen Power Announces Closing of $1.2 Billion Construction Financing and Wind Turbine

According to the press release, “Terra-Gen Power, LLC (“Terra-Gen”) announced today that it has closed a $1.2 billion financing for four wind power projects with a total of 570 megawatts (MW) of capacity at its Alta Wind Energy Center in Kern County, California. The four projects, known as Alta Projects II-V, will use 190 V90-3.0 [...]

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China dismisses IEA label as world’s top energy user

According to Reuters, “China on Tuesday disputed that it had surpassed the United States last year to become the world’s largest energy user, and defended its efforts in boosting cleaner energy sources. The International Energy Agency estimates China last year consumed 2.265 billion tonnes of oil equivalent of energy from sources including coal, oil, natural [...]

Secretary Chu Announces Initiatives to Promote Clean Energy at First Clean Energy Ministerial

According to the press release, “At the world’s first Clean Energy Ministerial, U.S. Energy Secretary Steven Chu today announced that the United States is helping launch more than 10 international clean energy initiatives.  These initiatives will cut energy waste; help deploy smart grid, electric vehicle, and carbon capture technologies; support renewable energy markets; expand access [...]

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