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Wed05222013

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Clean tech investments reach new peak in second quarter

Venture capital bankrolls clean technology with $1.5 billion investments in the second quarter

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Siemens makes a bid for Russia’s wind power through joint venture

Siemens establishes joint venture to set up production facilities for wind turbine components

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Petra Solar closes $ 40 million for expansion

Petra Solar Inc. has raised $40 million in funding to help expand its customer base for integrated pole-mounted solar and smart grid solutions. Craton Equity Partners and Espirito Santo Ventures joined existing investors Element Partners, Blue Run Ventures, OnPoint Technologies and Kuwait’s National Technology Enterprises Company in the financing round.

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Helix Wind secures shares from divestment

Helix Wind undertakes share lockup with three largest shareholders involving over 19.6 million shares

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AES Solar projects assured of $ 75 million funding

AES Corporation secures 50 million euro financing for four photovoltaic projects in Greece and Spain

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Iberdrola Renovables’ profit slides as wind prices dive

Iberdrola Renovables’ consolidated net profit for first three quarters fall to 167.6 million euros

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Terra-Gen Power assured of $ 240 million credit

Terra-Gen Power closes $240 million debt facility to boost 831-MW renewable generation portfolio

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China Integrated names price for public offering

China Integrated Energy prices 5 million shares of common stock at $5.75 apiece

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Slowdown in wind market causes revenue fall for Broadwind

Broadwind Energy reports lower revenues due to slowdown in the U.S. wind energy industry

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How to finance saving the world

High risks associated with investing in green technology notwithstanding, green investments retain appeal

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