Hiroshi Development, LLC Closes Initial $300 Million to Fund Renewable Energy and Technology Projects

Hiroshi Development, LLC addresses an opportunity in the renewable energy market that neither traditional private equity nor venture capital investors currently address. Renewable energy financings require a strong understanding of project equity, senior and subordinated debt structures, regulatory compliance, fuel supply and power purchase agreements.... 

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Crews Begin Hanging Panels on Largest Solar Array in Martin County

The largest solar energy array in Martin County began construction a little over 4 weeks ago after the town was able to quickly issue permits to the solar energy contractor, Abundant Energy Inc. (http://www.abundantenergy.com). Though South Florida solar energy companies have been making little headway in the commercial energy market with the exception... 

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Natural Resources Canada: Government of Canada Invests in Saskatchewan Biofuels

Thanks to an investment by the Government of Canada, up to $77.75 million over seven years will support the production of ethanol in Saskatchewan, sustain job creation and help stimulate the economy. Ray Boughen, Member of Parliament for Palliser, on behalf of the Honourable Lisa Raitt, Canada’s Minister of Natural Resources, today announced that... 

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Magma Awarded $10 Million in Department of Energy Grants for Its Soda Lake and McCoy Properties in Nevada

Magma Energy Corp. announce that its US subsidiary, Magma Energy (US) Corp. (”Magma”), has been awarded $10 million in American Recovery and Reinvestment Act funding for two of its Nevada geothermal exploration properties, Soda Lake and McCoy. The grants will reimburse 50 – 80% of Magma’s planned innovative exploration expenditures... 

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World Energy Brokers 1.4 Million CER Deal over the World Green Exchange

World Energy Solutions, Inc., an operator of online exchanges for energy and green commodities, today announced it has successfully brokered a purchase agreement for over 1.4 million certified emissions reductions (CERs) on the World Green Exchange®. The deal, significant in both volume and revenue, was conducted on behalf of B-road International... 

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First Home Energy Audit Franchise Launches Nationally

Pro Energy Consultants, the nation’s first home energy audit franchise, announced today the national launch of its low-cost, home-based franchise concept. Pro Energy Consultants provides homeowners with qualified residential energy auditing designed to maximize the home’s energy efficiency and reduce energy costs. With more than 13 years... 

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Clear Skies Solar Announces $8 Million Solar Farm Project in Badger, CA

Clear Skies Solar Inc., has signed a Memorandum of Agreement with Badger Creek Development L.L.C. of Beverly Hills, CA for the design and construction of a 2.1 MW Solar Farm to be located in Badger, CA. The project, which is expected to exceed $8 million, is now in the initial design and engineering stages and will be structured as a utility Power Purchase... 

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RedShift Energy Acquires Superior Solar LLC

RedShift Energy LLC is pleased to announce the acquisition of Superior Solar Systems LLC on Monday, January 26, 2009. Superior Solar is a leading solar energy design and installation firm specializing in solar pool heaters, solar water heaters and photovoltaic systems used for producing solar electricity. Serving commercial, institutional and residential... 

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Offshore wind power to contribute to Europe’s economic recovery

The European Commission recognised offshore wind energy as a key technology in Europe’s attempt to stimulate the Union’s economies. The European Wind Energy Association (EWEA) considers that the €500mn in “smart investment” to specific offshore projects that the EC has earmarked is money well spent. All projects are in an advanced stage of... 

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Yingli Green Energy Enters Into Credit Agreement for a Three-Year Loan Facility With ADM Capital

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic (”PV”) product manufacturers, today announced that one of its wholly-owned subsidiaries has entered into a credit agreement for a three-year loan facility with a fund managed by Asia Debt Management Hong Kong Limited (”ADM... 

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