Monthly Archives: April 2013

Exclusive: Greenbriar Capital sets 300MW target for Puerto Rico JV with Alterra

Greenbriar Capital CEO Jeff Ciachurski told NewNet that its newly-formed joint venture with Alterra Power through which it will target the Puerto Rican solar market could see the pair install 300MW of capacity.

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US tax regime makes it attractive for corporate sustainability

The US is the most attractive country in terms of using its tax regime to drive sustainable corporate behaviour and achieve green policy goals.

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SolarWorld comes to initial agreements with creditors

SolarWorld, which today said it recorded losses of €492.4m in 2012, has come to agreements with creditors over 80 per cent of its outstanding loans.

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Soitec wraps up $111m debt financing for its 44MW South African solar project

French solar developer Soitec has closed the sale of its ZAR1bn ($111m) senior unsecured bond for the support of its 44MW solar project in the Western Cape of South Africa.

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Michael Pope joins Clean Power Finance as CFO

Online solar financing marketplace and sales software provider Clean Power Finance (CPF) has appointed Michael Pope as chief financial officer (CFO).

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Verizon unveils $100m solar spending spree in ClearEdge, SunPower deals

Telecommunications giant Verizon has laid out plans to invest $100m in a solar and fuel cell energy project that will help power 19 of its facilities across seven states in the US.

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Vestas deploys turbine measurement tools at Australia’s 420MW Macarthur wind farm

Wind turbine manufacturer Vestas has deployed three hub height and full rotor wind speed measurement systems at the 420MW Macarthur Wind Farm in Australia.

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Jupiter adopts new FTSE ET100 index for Ecology Fund

FTSE Group’s newly-launched ET100 index has been immediately adopted as the benchmark for the £402m, 25-year old Jupiter Ecology Fund.

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L&T Infra targets renewables in $500m debt fund

L&T Infrastructure Finance, the investment arm of Indian construction and engineering group Larsen & Toubro, will invest in distressed green assets through a newly-launched $500m infrastructure debt fund.

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Masdar’s partnership with UK’s Green Investment Bank could see £2bn pumped into green infrastructure

A partnership between Abu Dhabi’s state-backed renewables investment company Masdar and the UK’s Green Investment Bank may result in up to £2bn of investment into the country’s alternative energy schemes.

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US water treatment specialist lays out $2m equity needs

A US-based business specialising in water oxidisation has begun raising a $2m equity round.

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Solar glass becomes latest focus in EU-China trade battle

Illegal Chinese solar dumping will destroy the European solar industry if it is not stopped, industry lobby group EU ProSun told NewNet as the European Commission launches an investigation into complaints of the practice.

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Triodos Bank launches retail SRI funds

Green banking firm Triodos has launched two Socially Responsible Investment (SRI) funds, giving retail investors the opportunity to invest in ethical stocks.

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Update: UAE’s Masdar confirms investment into UK green energy

Abu Dhabi’s state-backed renewable investment company Masdar has confirmed it will invest up to £1bn in alternative energy schemes alongside the Green Investment Bank.

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