Sign up for free to get the latest from greenbang direct to your inbox
 
Home | Research Store | Work With Us | Events | Insight | Press | About | Newsletter | Contact

Econcern to stump up €12 billion for green power

Published Monday, 19th May 2008

money5.jpgUtrecht may have the unfortunate curse of a name which sounds roughly the same as someone yakking up a stubborn ball of phlegm, but it’s also home to sustainable energy bunch Econcern, which has just put out its latest lot of results bandying around figures big enough to make Donald Trump’s head spin.

Greenbang was having a browse, and she found some gubbins worth sharing.

Apparently, the company 10 and 12 billion euros in sustainable energy projects in the coming years to 2012. Yep, that’s between 10 and 12 billion euros, or roughly 23,000 euros for each inhabitant of Utretcht.

Econcern also revealed it’s got 6,500 MW of renewable energy in its portfolio and has closed its first project equity fund along with a group of investors, Ampère Equity Fund, at 500 million euros.

And, for that matter, it also revealed its sold its shares in Dutch solar-cell-manufacturing company Solland for a rather coy “good return on investments”.

It’s not turning it’s back on Solland altogether though – it’s inked a 10 year supply contract with the company for solar cells for its Ecostream solar systems retail business.

Bookmark and share:
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • Facebook
  • Reddit
  • StumbleUpon
  • Digg
  • Slashdot
  • del.icio.us
  • email
  • Print
  • PDF




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.












RELATED NEWS

Latest Insight

Newest electric cars make hybrids green with envy thumbnail

Newest electric cars make hybrids green with envy

It’s a good sign when cars once considered among the “greenest” around find
Does energy efficiency matter? thumbnail

Does energy efficiency matter?

Just days on the job, Britain’s new Energy and Climate Change Secretary Edward
Heat dials up on smart-thermostat wars thumbnail

Heat dials up on smart-thermostat wars

Transform boring, old technology into something with next-generation smarts and huge market potential,

LATEST REPORTS
1

Who’s the leading smart-city brand?

More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
more info
2

Managing the smart-grid data overload

Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
more info
3

Incentives fire up UK solar market

The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
more info