Daily Archives: April 24, 2013

Iberdrola profits down 14 per cent in first quarter

Iberdrola’s first quarter results today showed profit reductions of 14 per cent, representing €878.6m, compared with €1.02bn in the same period last year.

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CECO Environmental buys Met-Pro for $210m

CECO Environmental is buying Met-Pro for $210m, creating the world’s largest maker of air pollution control products.

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EIB prices climate awareness bond

The European Investment Bank (EIB) has priced its first Climate Awareness Bond (CAB) of 2013, through which it aims to raise funds from fixed income investors to support EIB lending for renewable energy and energy efficiency.

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Electrawinds reveals plans to list on Euronext Brussels

European renewables group Electrawinds has revealed to NewNet it intends to carry out a listing on Euronext Brussels to capture investor interest in its home market.

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Exclusive: South African PE firm Mergence targets $544m for green debt fund

Mergence Investment Managers, a South African asset manager told NewNet it is targeting ZAR5bn ($544m) for a renewable energy debt fund that has already attracted commitment from metalworkers’ pension funds.

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How To Sell Residential Solar Without A Lease

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DOE Selects Four Pilot Projects for Military Drop-in Biofuels Development

After a tumultuous year of opposition and rebuttals from members of Congress, the U.S. biofuels industry was able to maintain support from the more-than-willing U.S. military. The Department of Energy (DOE) announced the next phase of development plans last week – it granted $18 million to four biorefineries to develop pilot-scale drop-in biofuels projects to meet military specifications for jet fuel and ship diesel.

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South Africa Metalworkers to Invest 1 Billion Rand in Renewables

South African metalworkers’ pension funds will invest 1 billion rand ($109 million) in renewable- energy projects as a power-capacity shortage in the continent’s largest economy threatens outages as early as this winter.

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JustGreen® Launches Business Advantage Program Dedicated to Carbon Offsetting and Slowing Global Warming

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TORONTO, April 24, 2013 /PRNewswire/ – JustGreen, is pleased to announce the launch of JustGreen Business Advantage, a new green energy initiative designed to help businesses go carbon neutral and help slow global warming and climate change by pursuing renewable and sustainable…

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FPL's fuel-efficient Cape Canaveral Next Generation Clean Energy Center comes online ahead of schedule, serving customers with clean, domestic natural gas power

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BREVARD COUNTY, Fla., April 24, 2013 /PRNewswire-FirstCall/ – Florida Power & Light Company today announced that its state-of-the-art Cape Canaveral Next Generation Clean Energy Center has begun generating electricity from clean, U.S.-produced natural gas. Over its operational…

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New solar tracker installation helps Berkshire East become world's first ski area fully powered with on-site renewables

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CHARLEMONT, Mass., April 24, 2013 /PRNewswire/ – From its lifts and lodges to its snowmaking, a new solar installation has helped the central Massachusetts family run ski area, Berkshire East, become the world’s first ski area to be powered entirely from on-site renewables. read more

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American Energy Mapping (AEM) Exposes Truth About Energy GIS Data Acquisition

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SPRING, Texas, April 24, 2013 /PRNewswire-iReach/ — American Energy Mapping (AEM) announced today the launch of information meant to help better inform energy GIS professionals about why AEM is the obvious choice when it comes to obtaining energy GIS Data.  “We felt it was…

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Two Cities in San Diego County Join Residential PACE Trend: San Marcos and Vista Pass Resolution to Adopt HERO Financing Program

SAN DIEGO, April 24, 2013 /PRNewswire/ – San Marcos City Council and Vista City Council each passed a resolution to adopt the HERO Financing Program and make the Property Assessed Clean Energy (PACE) program available to its residential and commercial property owners. The…

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Clean Energy Investments in Latin America Total $9.7 billion in 2012

WASHINGTON, April 24, 2013 /PRNewswire/ — Total new financial investments in clean energy in non-Brazil Latin America rose 127% in 2012 compared to 2011 figures, reaching $4.6 billion. This growth reverses the first global decline in new clean energy investments last year, as the region…

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