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TUUSSO Energy raises US $ 2M in Series A financing for utility-scale solar projects

TUUSSO Energy, LLC, a Seattle, Washington-based developer of utility-scale solar power plants, has raised US $2 million in a Series A financing round led by Pivotal Investments, a venture capital firm that invests on clean technology. TUUSSO plans to use the net proceeds in the financing


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China Recycling Energy reports significant increases in Q2 revenue

China Recycling Energy Corp. (CREG), a leading industrial waste-to-energy company in China, reported vast improvements in its unaudited financial results for the second quarter of the year ended June 30, 2009. CREG reported revenues of US $11.1 million for the second quarter


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Suntech reports improvements in Q2 but shows year-ago period losses

Suntech Power Holdings Ltd. reported improvement from the preceding quarter but comparison with the same period of the previous year showed an 80% revenue drop. The world's largest crystalline PV module manufacturer posted net revenues that rose 1.7% at US $321.0 million


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Yingli reports losses in Q2; Revenue drops from last year

Yingli Green Energy on Wednesday reported strong numbers in their second quarter despite losses on derivative liabilities and debt extinguishment. The company’s total net revenues for the quarter declined 24.6% to US $219.45 million, from $1.99 billion in the same period last year.


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Losses reported in the second quarter for Transtech Industries

Transtech Industries, Inc. recently reported revenue losses in the second quarter as the company suffers from expenses incurred in the waste recovery and waste management industries. A company that generates electricity utilizing methane gas and manages methane gas recovery operations


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Trina Solar reports financial results for second quarter 2009

Trina Solar Limited, a China-based manufacturer of solar photovoltaic products, has released its quarterly financial results for the second quarter ended June 30, 2009. Trina Solar recorded second quarter net revenues of US $150 million, representing an increase of 13.5% from first quarter revenues


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ECOtality reports second quarter losses but cites operational growth

ECOtality, a leader in clean electric transportation and storage technologies, reported revenue of $1,747,085 in the second quarter of 2009, down from US $2,936,150 in Q2 of 2008 or a 40.5% decline, due to the effect of the economic crisis on the company’s industrial charger sales.


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China Clean Energy reports improvements in second quarter

In its fiscal report for the second quarter, biodiesel producer China Clean Energy Inc. showed a strong financial performance, reflecting a healthy recovery from a difficult first quarter. The company’s net revenue for the quarter increased by 51.7% to US $4.3 million


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Spire Corporation’s solar business up in second quarter

Spire Corporation’s solar products and services made a significant impact on the company’s financial performance for the second quarter of 2009, accounting for 86% of total revenues. Revenues from operations for the second quarter ended June 30, 2009 increased by 39% to US $22.2 million


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Tata Power plans US $ 5.75 billion capex in three years

Tata Power Company Limited, India's leading private sector power developer, plans to invest US $5.75 billion to develop more power-generating capacity in the next three years. The company has set its goal at 25,000 megawatts (MW) of power-generating capacity by 2017.


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