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Polish energy utility PGE selects PCN Technology for smart grid pilot

Polska Grupa Energetyczna (PGE), Poland's largest utility company, has selected PCN Technology to develop its smart grid pilot launch in Warsaw. The US company has been tasked with integrating PGE's...

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PACE financier Renewable Funding raises $12.2m Series A round

Renewable Funding, a US financier of property assessed clean energy (PACE) programmes, has closed a $12.2m Series A funding. Investment was led by NGEN Partners and Draper Fisher Jurvetson, with other...

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TPI Composites expands Turkish footprint through JV with Alke Insaat

TPI Composites has formed a joint venture with Turkey-based manufacturing company Alke Insaat to manufacture large wind turbine blades.

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Mitsui takes 25% stake in Scotland’s renewables player GEG

Japan-based Mitsui has secured a 25 per cent stake in Global Energy Group (GEG) in what has been rumoured as a multimillion-pound deal.

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Stock round-up: Assessing the value of efficiency

Recent NewNet investor profiles have indicated a growing favour in the cleantech financial community for funding energy efficiency projects and companies, seeing this area as more commercially secure...

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Cofely purchases UK power centre from Humber Energy

Cofely, a UK-based energy and environmental services provider, has purchased a large scale energy centre from Humber Energy.

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ABB to fund 40 energy saving research projects at universities worldwide

ABB, a power and automation technology company headquartered in Switzerland, has selected 40 energy-saving research projects for funding after choosing from over 500 proposals.

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Imperial Innovations-backed Nexeon secures chemicals giant Wacker as...

Nexeon, a UK battery materials and licensing company backed by Imperial Innovations, has signed a partnership and investment agreement with German chemical company Wacker.

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Solar printer Notion Systems bags seed funding from High-Tech Gründerfonds

Notion Systems, a producer of inkjet and laser systems for pho­to­voltaics, printed elec­tron­ics, and printed cir­cuit boards, has received funding from High-Tech Gründerfonds (HTGF) alongside a...

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Siemens signs MoU with Qatar’s Green Gulf

Siemens has signed a memorandum of understanding (MoU) with Green Gulf that will see the two cooperate on the development of energy efficiency and urban transport projects.

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GDF Suez signs demand response solutions agreement with Viridity Energy

GDF Suez Energy Resources, a US-based retail electricity provider, has signed an agreement to provide demand response solutions to Viridity Energy.

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Philips unveils ‘most energy efficiency’ LED light

Philips has developed an LED lamp it describes as ‘the world’s most energy-efficient’.

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Raiffeisenbank receives €7.5m credit from EBRD for Bulgarian energy investment

Raiffeisenbank has signed a second line of credit for €7.5m under the Bulgarian Programme for Energy Efficiency and Renewable Energy, allowing its local arm to expand financing for sustainable energy...

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Sustainability solutions company Optimum Energy boosts team with GE Energy exec

Seattle-based Optimum Energy, a provider of enterprise optimisation and sustainability solutions, has hired former GE Energy executive Erik Leonard as VP of business development.

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Bill Gates-backed waterless toilet seeks funding for Western expansion

London-based Loowatt, which received a $1m grant from the Bill & Melinda Gates Foundation in late June, has exclusively told NewNet that it will seek further funding to develop its business in...

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Transport efficiency company Zendrive raises $1.5m seed funding

San Francisco, California-based efficient transport company Zendrive has raised $1.5m in seed financing.

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Military energy efficiency, storage supplier Earl Energy raises $1m

Military energy efficiency and storage systems supplier Earl Energy has raised $1m.

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Sustainable transport app Driveway Software receives $1.3m

Transport efficiency company Driveway Software has received $1.3m in funding from five investors.

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UK green investment firm Foresight provides IEL £350,000

UK green investment firm Foresight has provided £350,000 in financing to Industrial Efficiency Limited, an energy efficiency company.

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European Investment Bank boosts Lithuanian energy efficient housing by €40m

The European Investment Bank is to give a boost to Lithuanian energy efficiency initiatives with a €40m loan to Šiaulių bankas.

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