Green insurance facility for developing countries goes online

Leading global reinsurer Munich Re has partnered with R.S.A. Insurance Group and Carbon Re for a facility that aims to offer standard and customized insurance for renewable energy projects in developing countries

Read more...

C.M.E.A. Capital doubles investment in alternative energy sector

C.M.E.A. Capital plans to pour in an additional $ 100 million over the next three years in alternative energy companies as part of its commitment to the Clinton Global Initiative

Read more...

Pennsylvania electric utility secures $ 1 billion credit

A power-generation subsidiary of Pennsylvania-based Allegheny Energy, Inc. has obtained a $1 billion unsecured revolving credit facility expected to improve liquidity and strengthen financial flexibility

Read more...

ReneSola makes follow-on public offering

China-based ReneSola Ltd. plans to offer 14.4 million American depositary shares, each representing two ordinary shares of the company, in a follow-on public offering

Read more...

Euro Multivision seeks financing for manufacturing facility

India’s second largest manufacturer of CD-ROMs and DVD-ROMs seeks to raise capital for a photovoltaic solar cell manufacturing unit through an initial public offering involving 8.8 million equity shares at 10 rupees apiece

Read more...

Mantra sees financing for carbon technology in the offing

Green technology company Mantra Venture Group Ltd. has concluded a 10-day business trip to South Korea that could yield possible financing opportunities for its carbon recycling technology

Read more...

Infrastructure builder makes Nasdaq debut

Cavico Corp., Vietnam’s largest non-state heavy civil construction contractor, debuted on the Nasdaq Capital Market on Friday, the first company from the Southeast Asian nation to list on a United States securities exchange

Read more...

ICP Solar reports decline in revenues due to supply chain constraints

ICP Solar Technologies Inc., a manufacturer and marketer of proprietary solar panels and products, reported a decline in its revenues for the second quarter of fiscal year 2010, sliding down to US $1.4 million compared with $1.9 million for the second quarter of fiscal year 2009.

Read more...

Ocean Power Technologies reports positive first quarter 2010

Marine energy company Ocean Power Technologies (OPT), Inc recorded strong operational and financial performance in the first quarter of fiscal 2010, it announced yesterday. OPT’s revenues were down at US $1.3 million from $1.8 million in the same period last year. According to the

Read more...

First Solar enters into US $ 300-million credit facility

First Solar, Inc. recently entered into a secured revolving credit facility of US $300 million to be obtained in a three-year term from nine financial institutions. First Solar said the amount is intended to be used for general corporate purposes, including the issuance of letters of credit.

Read more...