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Renewable energy VC funding to triple

Zouk Capital's Alois Flatz reported that it is very difficult to raise VC funds for cleantech at present.

A new report, released today by Frost & Sullivan, has predicted that venture capital (VC) funding to renewable energy technologies is set to triple by 2020. The analysts report that this is due to, "environmental support for...

LDK and CIC Group to cooperate on PV projects

LDK Solar branding

Germany-based CIC Group has announced that it will work on photovoltaic projects for LDK Solar. It will also act as a distributor for the Chinese manufacturer.

AFASE: Punitive PV tariffs put 30,000 European jobs in danger

Suntech Chinese Solar photovoltaic modules

In a new study, AFASE has laid out the consequences it expects anti-dumping and anti-subsidy duties on Chinese photovoltaic manufacturers in Europe will have. Expected European-wide is a fall in demand, job losses and price...

Australia’s Solmessis claims proposed 80 MW PV plant close to grid parity

Greenough River solar photovoltaic farm Australia

Australian developer Solmessis claims its proposed flagship project, located in the northern state of Queensland, will be all but commercially viable even without government financial incentives or subsidies.

Solar Millennium transfers 26% stake in 50 MW Spanish solar project to STEAG

Moron de la Frontera Spain

The insolvent Solar Millennium AG has officially transferred its 26% stake in the 50 MW Arenales Spanish solar project to Germany’s STEAG 1 Beteiligungsgesellschaft GmbH.

US: Georgia Power’s solar initiative approved

Georgia Power building

The Georgia Public Service Commission (PSC) has approved Georgia Power’s Advanced Solar Initiative (GPASI). Overall, the utility aims to acquire 210 MW of solar power over the next two years.

€345 million investment secured for Morocco’s Ouarzazate solar project

Morocco flags

The first 125 to 160 MW phase of the 500 MW Ouarzazate solar project has secured €345 million in funding from Europe. It is expected to be operational by 2015. Meanwhile, sources report that a US$1 billion PPA has been secured...

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