World’s biggest Solar Power plant

An Australian engineering conglomerate today revealed plans to embark upon the world’s biggest Solar power project. Worley Parsons, a provider of professional services to the energy sector, announced an initial 250-megawatt unit which may start up as soon as 2011. Peter Meurs, managing director of WorleyParsons’ EcoNomics unit, said today in Sydney that some $34 […]

Battery specialist A123 Systems files for IPO

In a sign that a funding window may be opening for green tech companies, Boston based battery specialist A123 Systems has filed plans to raise $175 million in an Initial Public Offering. The company develops and manufactures lithium-ion batteries and battery systems for the transportation, electric grid services and portable power markets.
A123 was founded in […]

Oxford solar company Crystalox signs 260MW deal

Oxfordshire based solar specialist PV Crystalox Solar has signed a huge deal with Suntech Power Holdings, one of the worlds largest photovoltaic manufacturers. Under the agreement, PV Crystalox Solar will supply Suntech with a total of 260MW of silicon wafers from 2008 to 2013.
Crystalox was one of the first companies to develop multicrystalline technology on […]

Biofuel Fund closes early

The success of early stage Biofuel Fund companies has spawned a host of lookalikes.
European-based Schroders’ Alternative Solutions Agricultural fund, which was one of the operators to launch a biofuel fund, has such success they had to close the fund early.

Richard Spurgin, finance professor at Clark University in Massachusetts and a commodity-index consultant, explains that […]

Wonder grass doubles ethanol production

Research at the University of Illinois has shown that the giant perennial grass Miscanthus x giganteus outperforms current biofuels sources by as much as 2 1/2 times.
“What we’ve found with Miscanthus is that the amount of biomass generated each year would allow us to produce about 2 1/2 times the amount of ethanol we can […]