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Camco Intl to become Camco Clean Energy

(SeeNews) - Oct 15, 2012 - UK-based firm Camco International Ltd (LON:CAO) today unveiled plans to change its name to Camco Clean Energy plc to better reflect its increased focus on green energy projects in North America, Asia and Africa.

The company will need its shareholders to give the green light to the move at a general meeting on October 31.

Camco explained that it was broadening its business activities to owning and operating clean energy projects from only supporting other developers. Camco Clean Energy will be active in the following areas -- biogas, renewables, energy efficiency, land-use, energy storage and policy development. It sources its revenues from the sale of power, green certificates, by-products and carbon credits.

On the renewable energy front, the company powered up a 4.5-MW anaerobic digester in the US state of Idaho in January 2012, while in August it purchased a 2-MW biogas project in Malaysia.

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

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