News in brief

CORK-BASED renewable energy firm Kedco has raised €3.2 million from investors to help fund a 4MW power plant in Newry

CORK-BASED renewable energy firm Kedco has raised €3.2 million from investors to help fund a 4MW power plant in Newry

IRISHMAN MARTIN McAdams’ wave energy firm Aquamarine Power is working with BAE Systems in the UK to lower the cost of its devices

ERNST YOUNG plans to build a 300-strong dedicated cleantech team over the next three years

THE EU has launched a €205 million grants programme for environmental research and innovation

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DUNG FROM 4,000 cows is helping power Ukraine’s first biogas plant, running on GE gas engine technology

SAMSUNG HAS invested about $15 million (€11.8 million) in California solar nanomaterials firm Nanosys in order to boost its development of cleantech products

THE EUROPEAN Investment Bank has loaned US tractor maker John Deere €220 million for the development of low-carbon farm machinery

GOOGLE HAS signed a 20-year agreement to buy wind energy from an Iowa wind farm run by investee firm Nextera