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Wed06192013

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Satcon posts 31% Q1 revenue growth

Renewable energy solutions provider Satcon Technology Corporation reported on May 6 that its year-on-year first quarter growth was 31%, driven by international growth and demand for its large-scale renewable energy solutions.

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Silicon Valley storage company raises US $ 30 million

Silicon Valley-based energy storage company, Deeya Energy, has raised $30 million in Series C financing as the company sets its sight on the future markets in renewable energy and the power grid.

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Evergreen Solar reports financial results for the first quarter of 2009

Evergreen Solar, Inc., a company that uses low-cost silicon technology to manufacture solar power products, released its fiscal results for the first quarter of 2009 ended April 4, 2009.

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Renewable Energy Corporation earns NOK 2,013 million ($306.66M) in revenue for the 2009 first quarter

Renewable Energy Corporation ASA (REC) has released its financial results for the first quarter of 2009, revealing an increase of revenue by 14%, from NOK 1,771 million ($270.33M) in the first quarter of 2008 to NOK 2,013 million ($307.27M).

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Q-Cells sells stake in silicon wafer manufacturer REC, raising about €530 million

The world’s largest solar photovoltaic (PV) cell manufacturer, Q-Cells, has sold 84,956,767 of its shares in Norwegian company, Renewable Energy Corporation ASA (REC), raising €530 million. Q-Cells’ stake in REC was about 17.2% of the company’s total outstanding shares.

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Optimax Industries acquires Electric Motors Corporation, changes name

The Colorado-based company, which was formerly known as Optimax Industries Inc., has acquired all of the issued and outstanding shares of stock of California-based electric power drive systems manufacturer, Electric Motors Corporation.

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BC Bioenergy Network invests $ 100,000 in Clean Energy Research Centre’s gasifier technology

Canada’s BC Bioenergy Network recently announced that it has invested $100,000 in the University of British Columbia's (UBC) Clean Energy Research Centre (CERC).

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Zenergy Power raises £9.5 million in institutional placing

Zenergy Power plc has raised £9.5 million by way of an institutional placing of 7,916,667 new ordinary shares of 1p each in the company at a price of 120p.

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Akeena Solar announces 2009 first quarter financial results

Akeena Solar, Inc., a company that designs and installs solar energy systems, has released its financial results for the first quarter of 2009, which ended March 31, 2009.

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The UK’s Ofgem to launch bidding rounds for 5-GW offshore wind transmission links

Two bidding rounds for electricity transmission links that will connect five gigawatts of electricity from offshore wind projects to shore will be launched by UK energy regulator, Ofgem, in June. Ofgem (Office of the Gas and Electricity Markets) announced plans for the bidding rounds on April 30, according to a Dow Jones Newswire report.

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