daily news

Vancouver, Canada - Magma Energy announces that it has closed an agreement to acquire from Geysir Green Energy an 8.6% stake in HS Orka. , a large producing geothermal company in Iceland, for 2.5 billion Icelandic Kronur ("ISK") (approximately $20 million).

Berkeley, USA - Indias rapid economic growth rate coupled with aging and inefficient energy infrastructure suggest dire environmental consequences if “business as usual” continues.

Hamburg, Germany / Denver, USA - REpower USA Corp., a subsidiary of Germany’s third largest wind turbine manufacturer, REpower Systems AG, has signed a contract with the US project developer Heritage Sustainable Energy LLC to supply nine 2 MW-class MM92 wind turbines with a total output of 18.45 MW.

Washington, DC – Energy Secretary Steven Chu announced that DOE is awarding nearly $40 million in funding from the American Recovery and Reinvestment Act to Florida and Maine to support clean energy projects.

Xinyu City, China and Sunnyvale, USA - LDK Solar Co., Ltd. a manufacturer of multicrystalline solar wafers, announced that it has entered into an agreement to sell a 15% ownership stake in its 15,000 metric ton (MT) annualized capacity polysilicon plant in Xinyu City, China.

Vinalhaven, USA - Harnessing Maine’s strong ocean winds, three wind turbines supplied by GE now are producing power for the residents of Vinalhaven and North Haven, two year-round communities that comprise the Fox Islands located in Penobscot Bay in mid-coast Maine.

Exeter, Devon / UK - Latest research has shown that emissions of CO2 will need to be reduced close to zero by the end of this century if a rise in the mean global temperature beyond 2 °C is to be avoided.

San Jose, USA - SunPower Corp. announced that based upon an internal review of its Philippine manufacturing operations, the company believes there may have been unsubstantiated accounting entries made in the first three quarters of 2009, some of which relate to the company's fiscal year ended December 28, 2008.

Nairobi, Kenya - A rising number of green energy and climate-friendly projects are up and running or being planned across Africa new figures show.

Berlin, Essen / Germany - RWE AG is expanding its activities in Eastern Europe and has signed a Memorandum of Understanding with the Serbian utility JP Elektroprivreda Srbije (EPS) and the Serbian government for this purpose.

Nairobi, Kenia - Some of the most climate-vulnerable countries in the world called for help this week at a meeting organized by the Maldives, a member of the Climate Neutral Network.

Beijing, China - Vestas has announced that Jens Tommerup will join Vestas China as its new President, effective November 16.

Beijing, China - Suntech Power announced that its first U.S. manufacturing plant for the growing North American market would be located in the Greater Phoenix, Arizona area.

Konstanz, Germany - Sunways AG´s sales from continuing operations - i.e. after deduction of the sales volume attributable to MHH Solartechnik GmbH, the subsidiary scheduled to be sold - rose by 9.1 % against the prior year period to EUR 39.4 million (Q3/2008: EUR 36.1 million).

Zurich, Switzerland – ABB will work on a joint development project with the Nordic utility Fortum to design and install a large-scale smart grid in a new district of the city of Stockholm.

Wuxi, China - Suntech Power Holdings announced that it expects to develop approximately 20% of the 91MW of solar projects that were approved under China's Solar Rooftop Program.

Prenzlau/Oldenburg - aleo solar AG (ISIN: DE000A0JM634) generated revenue of EUR 220.8 million in the first nine months of 2009 (January to September 2008: EUR 256.2 million).

London - GE (NYSE: GE) and E.ON Climate & Renewables (EC&R) North America have signed a seven-year operation and maintenance (O&M) agreement covering EC&R’s complete fleet of 529 GE wind turbines installed in the United States.

Sulzemoos - Phoenix Solar AG (ISIN DE000A0BVU93) is today releasing its figures as per 30 September 2009. Seen from an operational standpoint, the two segments of "Power Plants" and "Components & Systems" developed in very different directions in the third quarter of 2009 and generally fell short of own expectations.

Hamburg - In the first half of fiscal year 2009/10 REpower Systems AG (WKN 617 703) realized total performance of EUR 617.0 million compared to EUR 531.1 million in the same period of the previous year.

Bitterfeld-Wolfen – Q-Cells SE (QCE; ISIN DE0005558662) has published its report as of 30 September 2009 containing information on the implementation of the Q-Cells Reloaded reorganisation programme.

Xinyu City, China/Sunnyvale, USA - LDK Solar announced that, upon its motion, the Superior People's Court in Jiangxi Province has issued a civil order freezing any payment that may be made by the relevant guarantor/counter-guarantor banks pursuant to the guarantee and/or counter-guarantee issued in connection with the prepayments made by Q-Cells SE.

Boulder, USA – Officials from the U.S. Department of Energy (DOE) joined industry representatives and managers from DOE’s National Laboratories to celebrate the latest tool to advance the Department’s wind energy research.

Washington D.C., USA – The Department of Energy announced that Energy Secretary Steven Chu will travel to India and China from Thursday, November 12 to Wednesday, November 18.

Blaubeuren, Germany - In the first nine months of 2009, centrotherm photovoltaics AG achieved revenue growth of 58.1 percent to EUR 374.7 million (previous year: EUR 236.9 million).