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17.12.2010
3W Power Holdings makes new appointments as it lists in Frankfurt
3W Power Holdings, the holding company of solar equipment manufacturer AEG Power Solutions, has started trading its shares on the Frankfurt Stock Exchange.http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/solar/3w-power-holdings-makes-new-appointments-as-it-lists-in-frankfurt.html3W Power Holdings, the holding company of solar equipment manufacturer AEG Power Solutions, has started trading its shares on the Frankfurt Stock Exchange.Simultaneously, the company has appointed a new chief financial officer (CFO), chief technology officer (CTO) and chief strategy officer (CSO) after successfully issuing a €100m bond to fund strategic repositioning.AEG has developed a range of products for the solar energy industry – including solar inverters and turnkey solar solutions – and the listing forms part of its Agenda 2012 programme.AEG has appointed Gerald Henschel as CFO of the group and will take up the position on 1 March, at which time he will then be appointed as an executive director of both 3W Power and AEG Power Solutions.Dr Horst Kayser, chief executive officer of AEG and executive member of the company’s board of directors, said Henschel has a strong track record in both industry and finance.‘He combines broad capital markets expertise with in-depth controlling know-how, which will help to focus even more on financial performance and to position the company successfully in the financial markets, now that our shares are listed on the Prime Standard in Frankfurt,’ Kayser said.AEG has also appointed Gladwyn de Vidts and Dr. Peter Wallmeier to the positions of CSO and CTO of the group, respectively.
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16.12.2010
Motech Industries ramps up Day4 Energy supply deal
Taiwan-based solar cell manufacturer Motech Industries has agreed to increase the quantity of multi-crystalline silicon solar cells it will supply under a deal with global solar photovoltaic (PV) product provider Day4 Energy.
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14.12.2010
Yingli secures SAG solar module supply deal
Global solar company Yingli Green Energy has secured a three-year sales contract, which will see it supply 220MW of photovoltaic (PV) modules to solar developer and system integrator SAG Solarstrom until 2013.
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14.12.2010
REG secures planning approval for UK wind farm
UK-based renewable energy project developer Renewable Energy Generation (REG) has been given the go-ahead to construct a two-turbine wind farm at Orchard End in Lancashire.
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14.12.2010
ADB to offer solar loan guarantees in India
The Asian Development Bank (ADB) is set to offer a loan guarantee programme in India to help solar projects get financing, a spokesperson announced today in Mumbai.
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13.12.2010
India on course to meet solar targets
India is set to tie 1.1GW of solar power generation capacity to its electricity grid by 2013, meaning it is on course to meet its 20GW by 2022 target, the country’s government announced today.
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13.12.2010
GreenWorld plans $20m boost to India joint wind venture
US-based green energy company GreenWorld Development plans to target the fast-growing wind energy market in India, which it said is one of the top five markets for wind, through growing a joint venture wind company.
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09.12.2010
UK calls for second Kyoto commitment period
The UK government has called for a second commitment period for the Kyoto Protocol at the Cancún negotiations, in order to prevent global temperatures rising beyond a dangerous two degrees Celsius threshold.
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07.12.2010
Duke Energy secures $231m to finance wind projects
Duke Energy’s renewable energy development and energy generation services unit has secured $231m in non-recourse credit facilities, including an 18-year loan of $193m and nearly $38m in credit letters.
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06.12.2010
Green for Growth Fund promotes energy efficiency in Turkey
The south-east Europe arm of the Green for Growth Fund is set to invest €20m in the expansion of Turkish leasing company Yapi Kredi Finansal Kiralama’s energy efficiency leasing programme, which will help small- and medium-sized enterprises (SMEs) in the region cut energy consumption by at least 20 per cent.
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06.12.2010
First Wind secures $98m for Rollins Wind project
The company closed an $81m non-recourse construction loan and a $17m credit facility for the project, jointly arranged by Bank National Association and Norddeutsche Landesbank Girozentrale.
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