Archive for July, 2008
GE buys into Masdar clean energy fund
GE and Mubadala Development Company, headquartered in Abu Dhabi have announced a multi billion dollar partnership. GE will put up to $50 million into Masdar’s second Clean-Tech Fund and establish a clean energy technology center in Masdar City, Abu Dhabi’s planned $22 billion zero-carbon, zero-waste, car-free city.Mubadala is the investment arm of the Abu Dhabi […]
Google invests in electric car Aptera
If you thought green tech was shaping up as the next dot com, then this investment seems to confirm it. Aptera Motors, the California based electric car start-up, has secured funding from Google.org on Tuesday this week and sealed a $24 million series C financing round by Thursday.
Aptera, which plans to use the capital for […]
Subocean wins £7m deal for off shore wind farm
Aberdeen-based subsea installation company, Subocean Limited, has been awarded a fast track contract with EON UK on the Scottish Robin Rigg wind-farm development in the Solway Firth, bolstering the company’s strategy of generating £50 million in sales from the renewable energy sector in the next two years.
The contract, which is believed to be worth approximately […]
Thin film solar investment takes off in Wales
The investments in thin film solar keep coming. U.K. based solar thin film manufacturer G24 Innovations said today it has raised $30 million from renewable energy fund 4RAE.The company 4RAE will take a seat on the G24i board and will be represented by former ABN Amro chief executive and chairman Rijkman Groenink.
G24i will use the […]
Rape seed glycerol makes biodiesel
Glycerol is normally turfed out as the by product of biodiesel production. But researchers from the University of Cardiff are leading a £1.86M project to turn it into liquid gold.
Biodiesel is an alternative fuel which is helping to reduce dependence on petroleum, but as more nations substitute fossil fuels with sustainable alternatives there is a […]
RWE Npower adds another CHP biomass plant
RWE npower Cogen, the Combined Heat & Power (CHP) division of RWE npower, today announced plans for another CHP plant, bringing its total number of CHP plants to 11.
CHP plants combine electricity generation and heat production, producing significant efficiency and cost benefits. The technology also delivers environmental benefits through lower carbon dioxide emissions.
The new […]
Tesco builds straw powered Power Station
They’ll huff and they’ll puff and they’ll blow their carbon foot print down. Tesco, the worlds third largest grocer, has been given the go ahead to build Britain’s first ever straw-powered power plant.
The Combined Heat and Power plant (CHP) will meet the electricity and heating needs of its Goole Distribution Centre.
The new plant will […]
Tidal power reaches grid in Ireland
SeaGen, the world’s first commercial-scale tidal turbine, located in Northern Ireland’s Strangford Lough and developed by British tidal energy company, Marine Current Turbines (MCT), has delivered electricity into the grid for the first time.
The tidal current turbine has briefly generated 150kW of power onto the grid as part of its commissioning work, ahead of it […]
San Francisco adopts Small Wind policy
Gavin Newsom, the charismatic Mayor of San Francisco, is pushing through an initiative to build Small Wind generators in the City. Small Wind generators are small turbines used locally by homes and businesses, often located on their own rooves.
“An opportunity exists for the City and County of San Francisco to foster continued economic growth and […]
E.ON gets green light for Sheffield Biomass plant
E.ON, one of the UK’s larger green generators, today annouced it has approval from Sheffield City Council to build a new renewable energy plant at Blackburn Meadows in Sheffield.The news means that construction at the site of the former coal-fired power station could start as early as next year, with full commercial operation expected in […]
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