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| Hungarian BudaSolar Recieve order for 85MW/yr Plant | BudaSolar Technologies, a Hungary-based thin film solar cell maker, has signed a deal with China City Investments Limited, a project company set up by Chinese investors, to provide technology for the turnkey delivery of production lines at the capacity of 85MWp/year using Silicon-based thin film PV technology. | |
| Hungarian Bioethanol Plants Receive Backing | The government has made two planned bioethanol and biogas power plant investments worth a combined €270 million “priority projects”, speeding up the process of obtaining permits for their construction, a decree by the National Development and Economy Ministry shows. | |
| EBRD/Iberdrola Subsidiaries Team for Eastern Europe Wind Development | The European Bank for Reconstruction and Development (EBRD) has announced plans to finance projects in several emerging wind energy markets in eastern Europe.
The EBRD, a London-based international financial institution that supports projects in 29 countries from central Europe to central Asia, said it would acquire 25% stakes in the Hungarian and Polish subsidiaries of the Spanish wind power Iberdrola. The EBRD will invest a maximum of EUR125million for the stakes and will also evaluate the possibility of collaborating with Iberdrola in the Romanian market. | |
| Hungarian Geothermal Company Discussed | PannErgy’s geothermal arm Polifin's ownership and actions are discussed. | |
| Hungarian Ethanol Growth Expected in 2011 | BUDAPEST, Jan 26 (Reuters) - Hungary expects three new ethanol plants to come on stream in 2011 which would greatly increase capacity and absorb over one million tonnes of maize per year from the market, an agriculture ministry official said. | |
| Wind Turbine Suppliers to Hungary Ranked | Wind power capacity in Hungary is expected to rise to 330MW by year end and to 740MW by 2015. This article lists leading turbine suppliers. | |
| US Bioethanol Giant Fagen to Build Plant in Hungary | The US based ethanol giant Fagen is going to construct a bioethanol plant in Hungary, business daily Napi Gazdasag said, citing overseas press reports. The project will most probably be located in Dunafoldvar, a town 100 kms south of Budapest along the Danube. Works on the new plant are planned to start in April. | |
| Biofuels Company With Operations in Hungary Files for IPO | Codexis, which is developing liquid transportation fuels using non-food biomass feedstock, intends to test the public markets in a bid to raise up to $100m.
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The company, which is also applying its enzyme development technology in the pharmaceutical industry, filed a registration statement with the U.S. Securities and Exchange Commission on Monday, laying the groundwork for a possible public offering. In addition to its headquarters in Redwood City, California, Codexis has laboratories in Singapore and Hungary. | |
| STX Group Wins $428M Deal to Supply Wind Turbines | STX Group, a South Korean business conglomerate, said Wednesday that it has clinched a 300 million euro (US$428 million) order to build wind farms in eastern European nations including Poland, Romania, Hungary and Bulgaria. | |
| Hungarian Solar Plant (Sanyo) to Nearly Double Production in by 2011 | In Europe, the Hungary Factory (Dorog City, Hungary) currently has a production capacity of 165MW and will nearly double it to 315MW by the end of March 2011. | |
| Oil/Gas Industry Skills Could Bring Geothermal Benefits | from Frost and Sullivan - The European geothermal energy market emerged relatively unscathed from the financial crisis compared to other renewable energy sources, and today the largest European markets for geothermal energy are: Italy, Iceland, Turkey, Germany and France, followed by Portugal, Austria, Spain, Hungary and the UK. Improved information regarding resources in emerging markets will allow more companies to enter the industry, especially those with multiple synergies with the geothermal industry such as oil and gas service companies.
Drilling companies in the oil and gas sector have diversification opportunities in the drilling and exploration phase of geothermal energy projects.
There are also a number of techniques and expertise that can be transferred from oil and gas to geothermal and therefore better co-operation between the sectors is necessary.
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| Ukrainian Biofuel Portal Covers Pellets, Solid and Liquid Fuels | Ukrainian Biofuel Portal is a specialized online resource on biomass and biofuel that is aimed to assist the companies in expanding their business, finding reliable suppliers and buyers. | |
| Geothermal Exploration Tool Viewed By Hungarian President | ENERGY and Resources Minister Peter Batchelor today took the President of the Republic of Hungary Laszlo Solyom on a tour of the Department of Primary Industries’ 3D visualisation room. Batchelor said the room can be used for geothermal exploration because it provides a greater understanding of how heat flows through rock layers. | |
| Iberdrola Renovables Opens Office in Romania | Iberdrola Renovables has 700 MW of wind projects well along in their planning stages. Adrian Goicea, a Romanian national, has been appointed Country Manager. With this move, IBERDROLA RENOVABLES has bolstered its presence in Eastern Europe, adding to its existing operations in Poland, Hungary, Estonia and Bulgaria.
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| Abbey in Hungary Turns to Biomass, Other Renewables | Before winter sets in, the picturesque hilltop Abbey will get its own heating plant that runs on wood refuse from a nearby forestry and plant debris from local farms. | |