RENEWABLE ENERGY WORLD MARKET

UPDATE

December 2011

 

TABLE OF CONTENTS

INDUSTRY NEWS

Australia Passes Carbon Tax

The World is Locking Itself into an Unsustainable Energy Future, IEA Warns in its Latest World Energy Outlook

On the Road to Rio +20, Countries Accelerate Plans for Green Economy Transition

Chu: America Faces a Choice to “Compete in the Clean Energy Race” or “Wave the White Flag”

Department of Energy Announces New Clean Energy Partnership with the Republic of Korea

EPA, DOE Partner to Develop Renewable Energy on Potentially Contaminated Sites

World Bank Supports South Africa’s Renewable Energy Plans

ADB $100-Million Loan Aids Low Carbon Growth, Climate Resilience in Indonesia

IDB, Covelo Foundation to Foster Renewable Energy Use in Central America

Agriculture Secretary Vilsack Announces Funding to Reduce Energy Costs for Rural Small Businesses

USDA Announces Recipients for Energy Audits, Renewable Energy Development Assistance, and Feasibility Studies Funding

Utility Wind Integration Group Announces Scope Expansion, Name Change

Large Energy Storage Deals Push U.S. VC Investment in Cleantech to $1.1 Billion in Third Quarter 2011

PEDA Board Approves $3.7 Million in Funding for 13 Clean Energy Projects

WIND

INDUSTRY NEWS

UVIG Releases Update to Summary of Status of Wind Power in Electricity Markets

U.S. Court Revokes FAA Approval of Cape Wind

TECHNOLOGY NEWS

Advanced Wind Forecasts Save $Millions for Xcel Energy

GE Software Powers Research on Efficient Wind Energy Production

ETAP® Power System Engineering Software for Renewable Energy Sector

Mass Megawatts Reports Current and Future Cost Reduction with the Use of New Material

Pattern Energy Using Red Hat Storage to Manage Business Critical Weather Prediction Data

COMPANY NEWS

NRG Energy Acquires Solar Developer Solar Power Partners

IMPSA Receives IDB Loan to Finance Latin America Wind Energy Investment Plan

Yingli Solar and CIT Announce Strategic Financing Relationship

Siemens Wins Six Wind Turbine Orders in the Americas

Dow and Aksa Sign Joint Venture Agreement for Carbon Fiber and Derivatives

PartnerTech Signs Agreement with Vestas Control Systems

Cat Reman and Vestas Wind Systems Reach Agreement on Remanufacturing Wind Turbine Components

Alstom Opens a New Wind Turbine Plant in Brazil, Its First Wind Facility in Latin America

Pohjolan Voima Transferred Wind Power Production to Shareholders

Western Wind Energy Issues Letter to Shareholders

NASDAQ Panel Issues Favorable Decision for A-Power

Siemens Opens U.S. Wind Power Distribution Center in Wichita, KS

Vestas Launches One-of-a-Kind Marketing Campaign Asking 600 Top Executives at Global Brands to Promote Direct Investment in Wind

FINANCIALS

AMSC

Arise Windpower

Broadwind Energy

Juhl Wind

Western Wind Energy

OFFSHORE

The Windreich AG Has Secured Financing for Its Offshore Wind Park ‘Global Tech I’

Vattenfall Plans Yet another Wind Farm in the North Sea

GE and Göteborg Energi Installing First 4.1-113 Offshore Wind Turbine in Gothenburg Harbor

Offshore Wind Continues to Drive Value to UK Industry

First WindFloat Successfully Deployed Offshore

Bourbon Strengthens its Positions in Offshore Wind by Installing an Innovative Structure off the Coast of Portugal

Alstom is Planning to Establish Two Sites for the Production of Offshore Wind Turbines in Saint-Nazaire and Cherbourg

German Seaports Buzzing in Anticipation of Offshore Wind Boom

RWE Innogy Erects Wind Measurement Station in the North Sea

SMart Wind Successfully Installs Round 3’s First Met Mast

Wind Farm Developers Investigate Potential of East Anglian Ports

NY Power Authority Trustees Vote to End Proposed Great Lakes Offshore Wind Project

The Oceana County Planning Commission: Facts Show Scandia Wind, LLC Plans for Lake Michigan Industrial Wind Farm Were Not Feasible in Oceana County

U.S. PROJECTS

Fitch Affirms Ratings of Shepherds Flat Guaranteed Trust Certificates; Outlook Revised to Negative

BP Wind Energy Signs Wind Turbine Contract with GE for 560 MW

EDF Energies Nouvelles Commissions the Lakefield Wind Farm in the United States

U.S. Department of the Interior issues Federal Approval of the Iberdrola Renewables’ Tule Wind Power Project

Western Wind Energy Corp. - Full Energization at Windstar

First Wind Secures $210 Million Financing for Palouse Wind Project

S&C Electric Company Boosts Production at California Wind Farm

Edison Mission Group, Midwest Wind Energy and Nebraska Public Power District Announce Construction of New Nebraska Wind Farm

OwnEnergy and Local Equity Partners Sell Wind Farm that will Provide Clean Energy to OG&E and OSU

We Energies Wind Project Begins Commercial Operation

TEP’s First Wind Energy Resource Delivers Renewable Power for 14,000 Homes

Macho Springs Wind Project Completes Construction

RMT Completes Construction of Sheffield Wind Project

PHI Subsidiary is Key Partner in Wind Energy

Gamesa Sells Chestnut Flats Wind Farm to enXco

First Wind Announces Agreement with Vestas to Purchase 77 V100-1.8 MW Turbines

EverPower and OwnEnergy, Leaders in Wind Energy, Join Forces with Pennsylvania Community to Build Local Wind Farm

Siemens Selects Broadwind to Supply Towers for Iowa Wind Project

Fire Island Wind Project in Anchorage Closes Financing

Karbone Structures 20 Year REC Off-Take Agreement for Oregon Community Wind Project with Seattle City Light and OneEnergy Renewables

Juhl Wind Announces Completion and Startup of the Winona County Wind Project

ECC Celebrates Completion of Wind Turbines with Ribbon Cutting Ceremony

EPA, DOE to Study Potential for Renewable Energy Possibilities on West Haymarket Brownfield Site in Lincoln, NE

EPA, DOE to Also Study Possibilities on Milwaukee & St. Paul Rail Yard Company Brownfields Site in Perry, IA

Pattern Abandons Yolo County Wind Power Project for Environmental Reasons

WIND PROJECTS – AROUND THE WORLD

Pattern Completes Renewable Power Sale Agreements for Largest Wind Project in Chile

Sprott Power Corp Announces Acquisition of 100 MW Alberta Development Project

RES Canada Announces Completion of $275 Million Greenwich Wind Energy Project

SSE Renewables Withdraws Plans for Waterhead Moor Wind Farm

GE Energy and Eolfi Asset Management of France Sign Contracts for Projects Totaling 70 MW in Clean Wind Energy

Gordonbush First Power Generation

Enel Green Power Starts up a Further 66 MW in Spain and Portugal

IMPSA Signed Wind Power and Purchase Agreement in Uruguay

Statkraft Consolidates Position as Major PPA Provider

RES Anatolia and Borusanenbw Join Forces to Complete the 50 MW Balabanli Wind Farm

Enel Green Power: Sardinia, the First 40 MW of Wind Power Come Online at Portoscuso

RES Submits Planning Application for Penmanshiel Wind Farm

EDF Energies Nouvelles Commissions a 30 MW Wind Farm in Turkey

RES Submits Application for Solwaybank Wind Farm

GE Marks Northern European Debut of 2.75 MW Wind Turbine Technology in Scotland

Enovos Luxembourg S.A. is Investing in the Construction of its Second Wind Farm in France

SMALL SCALE WIND PROJECTS

Bergey Windpower’s 10 kW Residential Wind Turbine Becomes the First Certified Small Wind Turbine in America

Mass Megawatts Starts Producing in a Colorado Facility

Xzeres Consummates Dealer Agreement with Weole Energy, the Largest French Distributed Wind Energy Dealer

Siemens Offers Components for Distributed Power Generation

Mass Megawatts and Wind System Installer A-1 Roofing Complete Their First Low Cost “Off-the Grid” Wind Power System

SOLAR

INDUSTRY NEWS

National Solar Jobs Census Finds Solar Employment Soars as U.S. Economy Lags

Growing Support for Interior Department’s Zone Based Approach to Solar Development is Key Component of Smart Solar Report

Senator Wyden Issues Policy Brief on China’s Subsidy Driven Solar Market

$130 Billion for Renewable Energy: German Bank Reduces Investment Risk

SunRun and PV Solar Report Solar Leasing has Eclipsed Cash Purchases

Solar Advocates Challenge Dominion Stand by Rate on Residential Solar Systems

pvXchange Becomes Newest Supporter of Joint Forces for Solar Initiative

Green Mountain Energy Company Invites New York Area Non Profits to Apply for Solar Energy Donations through its Sun Club

TECHNOLOGY NEWS

Federal Laboratory Consortium Highlights Three NREL Research Projects

SolarBridge Technologies Wins Department of Energy ARPA-E Grant

Researchers Unveil Innovative Solar Cooling Project

LightManufacturing Launches First Solar Thermal Energy Solution for Plastics Molding

ACQUISITIONS AND ALLIANCES

Principal Solar, Inc. (PSWW) Announces Follow-on Acquisition from Talmage Solar

Wanxiang & Spire Collaborate on PV Module Supply & Calibration

GE Energy Announces OEM Partnership Agreement with Inovateus Solar for Solar Carport Charging Stations

Natcore Technology Forms Alliance with Largest Solar Manufacturer in Italy

SolarBridge Collaborates with SunPower to Deliver AC Panels

RRC and Youil Partner to Build 100 MW of Solar in the Next Three Years

Sanyo Partners with PV Trackers to Provide Efficient Solar PV Systems for Utilities

Solon and Andersen Corporation Announce Exclusive Agreement for Solar Technology Innovation

Global Solar Energy Forges Strategic Partnerships to Bring PowerFLEX BIPV to U.S. Rooftops

Satcon Partners with Borrego Solar to Supply 35 MW of Utility Ready Solar Solutions

Koenig Technologies and DayDra Holdings Group Announce Clean Energy Partnership

New Energy Capital Invests in FLS Energy

New OneRoof Energy Partnerships Create Single Source Solar and Roofing Solution

Inovateus Solar and GE Energy Industrial Solutions Announce OEM Partnership Agreement to Build Scalable Solar Carport Charging Stations

Granite Chief and SolFocus Partner to Bring Advanced Solar Technology to Mexico

Global Solar Energy Secures New Partnerships

FINANCIAL NEWS

Canadian Solar Updates Third Quarter 2011 Guidance

SunPower Closes New $275 Million Revolving Credit Facility and Enters into Additional $200 Million Letter of Credit Facility

JinkoSolar Buys Shares under its Repurchase Program

Yingli Green Energy Announces Share Repurchase Program

SunEdison Secures $300 Million Project Finance Revolving Credit Facility from Deutsche Bank and Rabobank for the Construction of Solar PV Projects in North America

STR Holdings Secures New $150 Million Credit Facility

Sunsi Files for NASDAQ Capital Market Listing

COMPANY NEWS

Able Skills Opens New Solar PV Center

Amersco Solar to Provide Under Ameresco Brand Small Area Module Product Line Previously Offered by BP Solar

Antaris Solar Announces Official Opening of NJ Market

Astrum Solar Expands

Brightergy Expands to East Coast, Announces Additional Funding

First Solar Measures and Reports its Carbon Footprint

Helianthos Solar Cell Foil Development Stopped

Heritage Global Partners Auctions SpectraWatt in Bulk to Canadian Solar

Mercury Solar Systems Expands Commercial and Residential Solar Business to Massachusetts

Microsemi Solar Bypass Diodes Selected for Power Belgian Entry in Biennial World Solar Challenge

Munro Distributing Now Offers Solar-Powered Waste & Recycling Collection System

Orion Energy Systems, Inc. Not Affected by Solyndra Bankruptcy

Power-Save Energy Company Announces Partial Payment of More than $1 Million from CA Power-Save for Large Solar Installation Project

Sanyo Teams Up with BrightGrid Solar to Offer a Solar Lease Program for Residential Installations

Satcon Helps Southern California Edison Generate Over 48 MW of Solar Power

STR Holdings to Accelerate Consolidation of U.S. Operations

Sungevity and Rabobank Create New Fund for U.S. Residential Solar Projects

Suntech Achieves the Five Gigawatt Milestone

SunWize Offers Largest Solar Electric Distribution Operation in the U.S.

Yingli Green Energy Announces New and Improved Warranty Terms

SUPPLY AGREEMENTS

BioSolar Starts Supplying Sample BioBacksheet to Asian PV Manufacturers

Suniva Chosen to Supply High Performance Solar Panels to Innovative Residential Leasing Program

CNPV Announces Master Distribution Agreement for North America

PRODUCT NEWS

Solar Central Inverters from AEG Power Solutions Awarded Unit Certificate from German Association of Industry and Water (BDEW)

Aide Solar Modules Receive Government Accreditation and Eligibility for Use in Australia and New Zealand Installations

AMtec Solar Releases New Solar Contractor Combiner Box and Remote Solar Disconnect Control Panel

ArrayPower Launches Sequenced Inverter

Canadian Solar Introduces Intelligrated Power Product Featuring New CommercialAC Module

Diodes Incorporated’s Low-Profile Rectifier Simplifies Solar Panel Design

DOW Brings the Revolutionary DOW Powerhouse Solar Shingle to U.S. Markets

Dunmore Black FPE Product Answers Demand for Backsheets that Fade into Background

Enecys Selects Ember’s ZigBee Technology to Help Optimize Solar PV System Performance

Enphase Energy Unveils Revenue Grade Metering and Management Solution for Solar PPA and Leasing Companies with Silver Spring Networks

Enphase Microinverter System Certified in France, Belgium, Netherlands, Luxembourg and Italy

Hanwha SolarOne Unveils High Performance Solar PV Modules with Enphase Microinverters

Hanwha SolarOne Simplifies Installation with Zep Solar Mounting Solution

IXYS Colorado Introduces the SlV-3028 Handheld Solar Curve Tracer

IXYS Releases Second Generation IXOLAR SolarBIT Products for Energy Harvesting

LG Electronics Invests in North America Solar Business with High-Efficiency Modules

Molex Introduces SolarSpecPanel Mount DC Connectors and Terminals

Solar System Company mp-tec is a Multiple Winner at the Plus X Award

OutBack Power Technologies Introduces New Product Line

PanelClaw Moves to High Volume Manufacturing and Opens New Solar Mounting Systems Innovation and Testing Lab

Q-Cells Introduces Q.PEAK

S&C Switchgear Solution Accelerates Solar Power Plant Project Completion

Saint-Gobain Announces UL and CEC Listing for Versatile SG Solar Suneka® PB Module

Satcon 1.25 MW Equinox Prism Platform Medium Voltage Inverter System Receives North American Certification with 98 Percent CEC Efficiency

New Solar Company Silevo Launches with Industry’s Best Performance to Cost Ratio Modules

Simrit Unveils Solar Retaining Clip

Sky Power Solutions Unveils Residential, 2kW Solar Concentrating, Electric Power Generation System

SolarEdge’s Next Generation Optimizers Now Available and Certified for Module Embedding

SolarTech Unveils “Good Faith Estimate” Template to Address Customer Acquisition Costs Through ‘MPG-like’ Reporting for Residential Solar

SOLON Launches SOLquick for Leaner, Faster Rooftop Solar Installations

German Firm Soltecture Granted U.S. Product Certification

Sopogy® Launches Next Generation of Concentrating Solar Thermal Collector

Suniva® Expands PV Product Line with Balance of System Solutions

SunLink Unveils New Solar Roof Mount System

SunLink Launches Next Generation of HomeRun Combiner Boxes, Offering 2,500 Standard Product Configurations

SunPower Concentrated Photovoltaic C7 Tracker Delivers Lowest Cost for Utility Scale Solar Power Plants

SunPower Launches New AC Solar Panels with Integrated Microinverter Solution

Teal Electronics Launches PVobserver Wireless String Monitoring and Communications Option for TEALsolar Configurable Combiner Box Product Family

Unirac Launches Improved ISYS Ground Mount 2.0 for Commercial Solar Installations

Unirac Launches Improved ISYS Single Access Tracker for Commercial and Utility Solar Arrays

Upsolar Launches AC Module with Enphase Microinverters

Upsolar Modules Qualify for 10 percent Premium on Italian Feed in Tariff

LARGE SCALE U.S. INSTALLATIONS

BrightSource Energy Files Application for Certification for Rio Mesa Solar Electric Generating Facility

First Solar Sells 550 MW Desert Sunlight Solar Farm

Topaz Solar Farm, North County Watch and Carrizo Commons Reach Agreement on Topaz Solar Farm

Eaton to Provide Energy Management Solutions for Arizona’s Largest Solar Power Plant

NRG Energy Completes Acquisition of 250 MW California Valley Solar Ranch from SunPower

Exelon to Expand its Clean Energy Fleet with Acquisition of 230 MW Solar Photovoltaic Project from First Solar

Energy Department Finalizes $337 Million Loan Guarantee to Mesquite Solar 1 for Innovative Solar Power Plant

Tenaska Solar Ventures Chooses First Solar to Construct Imperial Solar Energy Center South

Neo Solar Power to Invest in Blue Chip Energy’s 120 MW Sorrento Solar Farm Project

SolarReserve Completes Financing for Advanced Technology Solar Power Project in Nevada

Array Technologies Initiates Tracker Shipments for 50 MW PV Project in California

Suntech Selected by Cupertino Electric for 35 MW for Solar Projects

BrightSource Energy Delivers World’s Largest Solar to Steam Facility for Enhanced Oil Recovery to Chevron

SunPower’s 25 MW McHenry Solar Farm Poised for Construction Start

AES Solar and Met Life Announce the Financing and Start of Construction of its Ilumina Project – a 24 MW Solar Photovoltaic Power Plant in Puerto Rico

Cupertino Electric Selected by PG&E for Second Year Solar Project to Help PG&E Meet 250 MW Renewable Goal

Constellation Energy Begins Construction on Maryland’s Largest Solar Photovoltaic Power System

SOLON and PG&E 15 MW Five Points Solar PV Station Goes Live

Oltmans Solar Completes Construction of Largest Rooftop Solar Installation in North America

Third Major Project from SPI’s Alliance with KDC Solar Results in 6.8 MW Solar Facility in New Jersey

KDC Solar to Build 6.1 MW Solar Facility for the Lawrenceville School in Lawrence Township, NJ

Satcon Chosen for Landmark’s 5 MW Project by Arizona Western College

Hawaii PUC Approves SunPower-Hawaiian Electric Contract for 5 MW Solar Farm in Kalaeloa

LARGE SCALE PROJECTS AROUND THE WORLD

World’s Largest Solar Power Plant Produces Power with Canadian Solar Modules

Satcon Selected by Q-Cells for the Second Largest Solar Plant in North America

JinkoSolar Wins Bid for 38 MW of Solar Module Supply and Signs Agreement for the First 18 MW with China Guangdong Nuclear

SunEdison Announce Sale of Solar Projects in Italy and Spain to KGAL

ONYX to Boost New Solar Project to 22 MW with Advanced High Efficiency Panel

Sunlight Will Grow Crops While Generating Electricity at Italy Greenhouse Co-Owned by Moser Baer and GE

ONYX Wins Approval for Massive $84 Million Solar Power Project

Premier Power to Provide 16.2 MW of Solar in Bulgaria

Canadian Solar Supplies 15 MW to Build the UK’s Three Largest Photovoltaic Solar Power Plants

Saudi Arabia Inaugurates First Solar Power Plant

LDK Solar Signs EPC Agreement with Guodian Longyuan Zhangye New Energy Limited

COMMERCIAL/RESIDENTIAL

Energy Department Finalizes Loan Guarantee for Transformational Rooftop Solar Project

Startup of Solar Installation Completes One of the Largest Solar Power Systems in the East

Renewvia Energy and PSE&G Cut Ribbon on Milestone Solar Project

GloPak Corp. Announces Grand Opening of Solar-Powered Plastics Manufacturing Facility

Nestle Purina Flagstaff Unveils Largest Private Solar Array in Northern Arizona

The Dependable Companies Goes Solar with Record Breaking Point

elQ Energy Enables Largest Ever Solar System with Distributed Electronics at Granite Construction’s Coalinga, CA Facility

King Estate Winery Teams Up with SolarCity, Lane Electric Co-op, and Advanced Energy Systems to Install the Largest Solar Power System at a Winery in the Pacific Northwest

Onyx Awarded Solar Power Project for Upscale Caribbean Resort

Sunvalley Solar Awarded 220 kW Solar Installation Contract for Year 2012

City of Dinuba Goes Solar with Tioga Energy and Chevron Energy Solutions

Republic Services Caps Atlanta Landfill with Flexible Solar Cover

Massachusetts Water Resources Authority Partners with SourceOne to Increase Efficiency at Deer Island Treatment Plant

REgeneration Finance Arranges Financing for 4.29 MW Solar Project for Buckeye Union High School District

SolarCity and Chico Unified School District Announce Solar Project

Kyocera Supplies Locally Produced Solar Modules to Help Power San Diego’s Largest University Campus

Cupertino Electric Completes Multi-Site San Bruno Park School District Solar Project to Meet District’s Power Needs

Santa Clara University Makes Top Ten List of Higher Education Institutions with Largest Solar Photovoltaic Installations

Sol Installs Mission-Critical Solar Lighting Systems at the Famed Top Gun Flight School

DaVita’s First Solar Thermal Dialysis Clinic Trial Shows Substantial Energy Reduction

NEW FACILITIES

GE Plans to Build Largest U.S. Solar Factory in Colorado

TSMC Solar Completes Phase I Equipment Move-In

Spire to Deliver 25 MW Solar PV Module Assembly Line to India

Eyelit’s Solar Edition Selected and Implemented at Stion’s PV Thin-Film Solar Panel Facilities

Solar Cell Manufacturer Sunpreme Closes $50 Million Financing

LDK Solar Reaches Mechanical Completion Milestone for Third 5,000 MT Train at Mahong Polysilicon Plant

JinkoSolar Resumes Production at its Haining Facility

Hilco Industrial to Conduct the Sale for the PV Solar Wafer/Cell/Panel Manufacturing Assets at Evergreen Solar

BIOMASS

Southern Company Receives First Fuel Load Delivery at Biomass Plant

Gainesville Biomass Plant Celebrates Construction Start

Enviva Executes Agreement with Dominion Virginia Power for Biomass Supply

First Nations Renewable Power Project Moving Forward at Meadow Lake

Laidlaw Energy Group and Cate Street Capital, Inc. Announce Settlement of Dispute Regarding Berlin Project

DP Cleantech Announces First Electricity and Steam Project in Thailand

Eastern Illinois University and Honeywell Fire Up New Biomass Fueled Steam Plant

Ferrum College to Go “Greener” with New Biomass Boiler

Pratt & Whitney Power Systems to Deliver Biomass Waste Heat Recovery Power Plant for Nechako Green Energy in British Columbia

Fortum Supplies Burners to Vaskiluoto Voima’s New Bio-gasification Plant

GDF Suez Unveils the Rodenhuize 100 Percent Biomass Power Station in Belgium

Wood Energy Introduces the Green Heat Module

WASTE-TO-ENERGY

Waste Management Announces Third Quarter 2011 Earnings

Covanta Reports Solid 2011 Third Quarter Results

Dynamis Energy and Planova Sign Agreement to Construct Waste-to-Energy Plants in Brazil

China Recycling Energy Announces Acquisition of Shenqiu Power Generation System

Vadxx Energy Engages Rockwell Automation to Transform Waste into Energy

Waste-to-Energy System Using Ballard Fuel Cells Successfully Supplies Power to South Korean Grid

Dynamis Energy Launches Revolutionary Mobile Waste-to-Energy Line

BIOGAS

GE Enables Mississippi’s First Landfill Gas-to-Electricity Project to Support Regions’ Grid

First Biogas Plant for Electricity and Heat Generation by Enovos Luxembourg S.A. in Belgium

Town of Munster Generating Electricity from Local Centennial Park Landfill

FlexEnergy Opens New Clean Tech Worldwide Headquarters in Irvine, California

Cost Reduction Consultancy Plays Key Role in a New England Renewable Energy Project

HYDRO

The Hydropower Trend is Growth, Not Removal

Departments of Energy and Interior Award Nearly $17 Million for Advanced Hydropower Technologies

EPRI to Test Advanced Hydropower Technology under $1.5 Million Award

FERC Approves First Hydroelectric Project in Colorado under Small Hydro Agreement

NHPC Signs Promoter’s Agreement with SJVNL and Government of Manipur for Implementation of 1500 MW Tipaimukh H.E. Project in Manipur

RusHydro Blocks Kolyma River for Ust’-Srednekanskaya Hydroelectric Power Plant

Two Hydropower Contracts for €180 Million in Latin America

Alstom Confirms Its Presence in Peru with an €80 Million Contract for Chaglla Hydroelectric Dam

Krasnoyarsk Hydropower Plant Relies on IBM Smarter Computing to Keep the Region’s Lights On

New Pakistan Hydro Plant to Ease Nationwide Power Shortages

Altagas and Tahltan Nation Sign McLymont Creek and Volcano Creek Impact Benefit Agreements

ADB $350 Million to Help India’s Himachal Pradesh Tap Hydropower Potential

RusHydro Completed the Construction of Spillway of Sayano-Shushenskaya Hydropower Plant

100 Year Old Energy Generation Scheme Rheinfeiden Officially Back on the Grid

Voith Hydro Receives Order for Modernization of Russian Saratovskaya Hydropower Station

Statkraft to Build its Third Hydropower Plant in Turkey

Andritz to Supply Hydropower Equipment to Statkraft

Toshiba and Meidensha to Collaborate in Hydroelectric Power Plant Systems

Contract Awarded for Elephant Butte Powerplant Improvements

SMUD Projects Awarded Grants Totaling Nearly $6.5 Million to Advance Hydropower Technologies

New Small Hydropower Project Commences Operations in Washington State

MIF Invests $5 Million in Chilean Renewable Energy Fund

Reclamation Requests Comments on a Proposed Hydropower Project at Ridgway Dam

GEOTHERMAL

GEA Geothermal Energy Expo 2011 Closes with Record Attendance

First Google.Org-Funded Geothermal Mapping Report Confirms Vast Coast-to-Coast Clean Energy Source

NETL Projects Selected to Conduct Geothermal Energy Research

Scottish Government announces that it will Commission a Research Program into Deep Geothermal

Energy Department Finalizes Loan Guarantee for Ormat Geothermal Project in Nevada

Alterra Power announces Receipt of Permit to Expand Reykjanes Plant

OPIC Board Approves $310 Million for Geothermal Project in Kenya

£6 Million Grant for Geothermal Energy Project in Cornwall

90 MW Addition to Iceland’s Hellisheidi Geothermal Power Plant

Ormat Technologies, Inc. to be Awarded Five New Exploration Concessions in Chile

Ram Power Updates Information on San Jacinto Project and Casita Project

Mannvit and Verkis Contracted to Design Two New Geothermal Plants in Northeast Iceland

EnLink Wins $3.8 Million Award to Build Part of Largest U.S. Geothermal Heat Pump System at Ball State University

DEEP Earth Energy Production Secures Geothermal Rights through Landsolutions

Nevada Geothermal Power Reports Results for the Year ended June 30, 2011 and Project Status Report

Ormat Technologies Finalizes Loan Agreement of Up to $350 Million under the DOE’s 1705 Loan Guarantee Program

Subsidiaries of Ormat Technologies, Inc. Issue $151,739,500 of 4.687 Percent Series A Notes Due December 31, 2032

MARINE POWER

U.S. Marine and Hydrokinetic (MHK) Renewable Energy Technology Roadmap Announced

Over Thirty Wave and Tidal Sites Now Leased Around UK

Pelamis Wave Power Secures Agreement for Lease for Western Isles’ First Ever Wave Farm

Ocean Power Technologies and Lockheed Martin to Collaborate on Utility Scale PowerBuoy for Oregon Wave Power Project

Carbon Trust Grant to Support First Welsh Tidal Stream Energy Device

Mull of Kintyre in Line for Tidal Power Scheme

Marine Current Turbines Installation Proposed for Waters off the Coast of North Wales

Sandia Researchers Use Wind Power Expertise to Help Create U.S. Industry for Tidal, Wave Energy Production

First WaveRollers Soon to Leave the Assembly Line

Ocean Thermal Energy Corporation Reaches Written Understanding toward Building the World’s First Ocean-Powered Clean Energy Plants

Aquamarine Power Secures £7 Million New Funding and Ongoing Commitment from Shareholders

Fortum and DCNS to Develop Wave Power in France

Ocean Power Technologies to Showcase Technology Innovation in Spain

RME Wins R&D Grant from the Department of Interior

Fortum and DCNS to Develop Wave Power in France

Ocean Power Technologies to Showcase Technology Innovation in Spain

TRANSMISSION

BPA and California ISO Enhance Regional Coordination with Faster Response in Energy Scheduling

CPUC Orders Edison to Stop Transmission Line Work in Chino Hills and to Submit Options

FERC Sets New Compensation Method for Regulation Service

Southern California Edison Selects Quanta Services for Construction of Devers-Palo Verde 2 Transmission Project

Pike to be Subcontractor to Fluor of Clean Line Energy 800-Mile Transmission Line

Pattern’s Southern Cross Transmission Project Receives Key FERC Approvals

Eastern Interconnection Grid Planning Completes First Phase of Study

MISO Files Entergy Transmission Cost Allocation Plan with FERC

ABB Completes Acquisition of Powercorp

North American Electric Transmission Investments Could Top $160 Billion Between 2012 and 2020

Iberdrola Renewables Lauds Landmark Case

STORAGE

AES Wind Generation and AES Energy Storage Announce Commercial Operation of Laurel Mountain Wind Facility Combining Energy Storage and Wind Generation

Axion Power’s PowerCube Battery Energy Storage System Integrated into PJM Utility Grid

Princeton Power Systems Integrates Grid-Tied Inverter into PJM Regulation Market

ZBB Energy Corporation Chosen by LEMA Construction for Florida Solar Park Project

Saft Awarded Contract from General Atomics Aeronautical Systems, Inc. to Provide Li-ion Battery for High Energy Laser Program

ZBB Energy Corporation Chosen by Facility Gateway for Lower Valley Utility Grid Interactive Energy Storage System Project

Beacon Power Settles with DOE Loan Programs Office

EnerSys Announces Grand Opening of New Production Facility in China

Axion Power Reports Third Quarter Results for 2011

China BAK Reports Fourth Quarter and Fiscal Year 2011 Financial Results

EnerSys Reports Second Quarter Fiscal 2012 Results

COMPANY NEWS

DNV has Acquired 74.3 Percent of KEMA’s Shares

RWE Innogy and Bankhaus Lampe Pool Venture Capital Activities in Support of Renewables

Siemens U.S. Sales Up 12 Percent and Orders Intake Up 8 Percent in Fiscal 2011

Reznick Group Acquires Think Energy, Inc.

Mainstream Renewable Power Led Consortium Awarded Preferred Bidder Status to Deliver 238 MW of Wind and Solar Projects into Commercial Operation in South Africa by 2014

Travelers Forms Dedicated Clean Energy & Technology Practice

Alterra Power Announces Results for First Quarter Ended September 30, 2011

Argan, Inc. Reports Third Quarter Results

Cleantech Solutions International Reports Third Quarter 2011 Results

Arista Power Reverse Stock Split Effective December 27, 2011

GE Opens New Renewable Energy Logistics Center in Mississippi

Sunbelt Signs LOI with Private Bank

AMSC and The Switch Terminate Acquisition Agreement