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Energy & Renewables Newsletter January 12, 2012 |
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| This Week´s Featured News Stories |
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BP and Sempra team up for $1bn US wind farm programme
Just weeks after controversially ditching its solar division, oil giant BP has underscored its commitment to the fast-expanding wind energy sector by announcing plans to build two giant US wind farms, with a combined capacity of 560MW. The company announced yesterday that it has expanded its partnership with developer Sempra US Gas & Power in an agreement that will see the two companies jointly develop the proposed Mehoopany Wind Farm in Pennsylvania and the Flat ... | ||
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Cleantech venture investment in 2011 reaches the highest level since 2008
Cleantech Group™ has released preliminary 2011 results for clean technology venture and corporate investments around the globe, totaling $8.99 billion, a 13 percent increase over 2010. Cleantech mergers & acquisitions reached record highs in 2011 with 391 deals and a dollar volume of $41.2 billion, a robust 153 percent growth over 2010. "While 2011 has been a difficult year for cleantech and venture capital, our 2011 numbers show surging interest in cleantech from global enterprises," said Sheeraz Haji, CEO of Cleantech Group. "Despite some of the well-publicized headwinds, venture ... | ||
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