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Creator of 'world's most powerful wind turbine' raises funding
28 February 2014A company that claims to have invented the world's most powerful wind turbine has completed its latest funding round, valuing the firm at €40 million ($54.7 million).
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Renewables M&A deals up a third in 2013, further activity expected in 2014
28 February 2014The value of mergers and acquisitions in renewable energy rose nearly a third in 2013, driven by utilities looking to offload the assets to raise capital, a consultancy firm has found.
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German fuel cell company attracts new VC investors
27 February 2014Sunfire, a German developer of high-temperature fuel cells, has secured a "high seven-figure" sum in second-round financing, which attracted two new investors – Total Energy Ventures and Electranova Capital.
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Lighting and energy storage companies in line for takeovers, says VC investor
27 February 2014Most mergers and acquisitions (M&A) in the cleantech sector in coming years are likely to focus on makers of low-energy lighting and energy storage technologies, investors have been told.
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GE buys Irish wind farms, commits another $10bn to clean energy
26 February 2014GE Energy Financial Services has bought two Irish windfarms, with a total capacity of 51MW, from Element Power, a project developer owned by private equity firm Hudson Clean Energy Partners.
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GIB and Societe Generale form £50m energy efficiency alliance
25 February 2014The UK's Green Investment Bank has formed a £50 million ($83.2 million) alliance with Societe Generale to finance energy efficiency measures.
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Lightsource buys commercial rooftop installation team
24 February 2014Solar developer Lightsource Renewable Energy has bought the UK's most experienced commercial rooftop panel installation team, as it looks to "unlock the huge potential" of the technology in the sector.
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Ocean power firm's share price soars on plans to develop largest-ever wave project
12 February 2014Ocean Power Technologies' share price jumped 55% yesterday after it signed an agreement with Lockheed Martin to develop the world's largest wave power project.
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Vestas to issue new shares and renew credit lines after 'turnaround'
04 February 2014Wind turbine maker Vestas has announced plans to issue new shares and has struck a deal with banks for new credit lines, after it reported its first quarterly profit since mid-2011.
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Canadian fund manager buys £644m stake in world's biggest offshore wind farm
03 February 2014A Canadian financial institution has signed an agreement to buy half of Dong Energy's stake in London Array, the world's largest offshore wind farm.