Clean Energy Collective (CEC), a community-owned solar developer, has been named to the 2014 Inc. 500/5000 list, an exclusive ranking of the nation’s fastest-growing private companies. Ranked number 194 overall, and 11th within the Energy segment, CEC was recognized for its innovative community-owned solar solution being adopted by utilities and communities across the country. Between 2010 and 2013 CEC’s revenue grew 2,217 percent.
CBD Energy Limited has, through its Australian Energy Efficiency subsidiary, Parmac, been awarded installation and maintenance contracts in Melbourne, Australia. The total estimated value of the contracts is approximately US$1.7 million. The projects are expected to be commissioned in September and to be completed in December, 2014. As part of the agreements, Parmac will also earn ongoing operations and maintenance fees.
Tanzanian Minister of Energy and Minerals, Professor Sospeter Muhongo, disclosed that the Tanzania Geothermal Development Company kick started operations last month as a subsidiary of the Tanzania Electric Supply Company (TANESCO). The company’s goal is to start generating up to 4,000 megawatts of electricity from geothermal energy within two years.
Canadian Solar Inc. announced that its wholly-owned subsidiary, Canadian Solar Solutions Inc., has completed the sale of Good Light, a 10 MW AC solar power plant located in the town of Kawartha Lakes, Ontario, Canada, valued at over C$66.0 million ($60.3 million) to a BluEarth Renewables Inc. subsidiary. This is the second of four planned solar projects being acquired by BluEarth from Canadian Solar, totalling 38.5 MW AC.