US-based Optimum Energy told NewNet that it will now look to recruit the best data scientists having closed a $12.2m round led by new investor Navitas Capital. The company may also be looking to secure additional capital, according to an SEC filing. Powered by WPeMatico

Venture capital firm Accel Partners has pumped $100m of capital from its existing funds into a second vehicle aimed at making big data investments. Powered by WPeMatico

Indonesia has established a fund dedicated to the development of geothermal power across the country. Powered by WPeMatico

Next Energy Technologies, a California-based organic photovoltaic innovator, has received additional commitments to a $5m equity round launched last December. Powered by WPeMatico

UK communications giant BT will reduce carbon emissions by at least three times the end-to-end overall impact of its business activities under a new sustainability initiative launched in London today. Powered by WPeMatico

Triogen Group, a supplier of waste heat recovery solutions, has closed a €6.5m financing round led by new investor Netherlands-based Wadinko. Powered by WPeMatico

Malaysian power and water conglomerate Ranhill Energy and Resources is expected to launch a RM1bn ($319.23m) IPO later this month. Powered by WPeMatico

Canadian clean power producer Innergex Renewable Energy has extended its $425m revolving term credit facility with a new five-year term ending in 2018. Powered by WPeMatico

RWE has formally submitted plans for a 1.2GW Atlantic Array that it will look to build in the British Channel. Powered by WPeMatico

Overpopulation and depletion of resources in developing countries combined with the overconsumption and hazardous environmental practices of developed countries must be key priorities in the UN’s Sustainable Development Goals (SDGs) for 2015, the International Institute for Environment and Development (IIED) has stressed. Powered by WPeMatico

Officially launched in January after years of development, a new CLEAN (feed-in tariff) program from the Los Angeles Department of Water and Power (the city’s municipal electric utility) promises 100 MW of new local renewable energy by 2016.  In absolute size, the program will be among the largest CLEAN programs in the U.S., but compared to [...]

Officially launched in January after years of development, a new CLEAN (feed-in tariff) program from the Los Angeles Department of Water and Power (the city’s municipal electric utility) promises 100 MW of new local renewable energy by 2016.  In absolute size, the program will be among the largest CLEAN programs in the U.S., but compared to [...]

Officially launched in January after years of development, a new CLEAN (feed-in tariff) program from the Los Angeles Department of Water and Power (the city’s municipal electric utility) promises 100 MW of new local renewable energy by 2016.  In absolute size, the program will be among the largest CLEAN programs in the U.S., but compared to [...]

Officially launched in January after years of development, a new CLEAN (feed-in tariff) program from the Los Angeles Department of Water and Power (the city’s municipal electric utility) promises 100 MW of new local renewable energy by 2016.  In absolute size, the program will be among the largest CLEAN programs in the U.S., but compared to [...]

Myanmar is blessed with an abundance of natural resources and a youthful workforce, but with many of its people living in extreme poverty, the newly opening economy is attracting the interest of investors and aid workers alike. In the middle of the fastest growing region in the world, East Asia, Myanmar holds great promise as [...]