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  • Chinese wind turbine manufacturer Goldwind Science & Technology Co. has pulled its $1.2 billion initial public offering because the retail portion was undersubscribed.
  • The state of Massachusetts is rethinking biomass as clean energy after a new study by the Manomet Center for Conservation Sciences determined biomass power can be worse for global warming than burning coal.
  • Boise-based U.S. Geothermal is close to securing a $102.2 million U.S. Department of Energy loan to build its 22 MW Neal Hot Springs project Malheur County, Ore.
  • Osaka Gas Co. is looking to spend $1.3 billion in power plant and pipeline acquisitions by 2020 in its strategy to expand overseas in Europe, North America and Australia.
  • Bill Gates and other business leaders met with President Barack Obama and lawmakers Thursday to advocate increasing government spending on clean energy to $16 billion from a present $5 billion.
  • Vestas Wind Systems is expecting its unit in Greece to expand as the government attempts to attract more investment for renewable energy projects.
  • A consortium including Siemens has received an order worth over EUR500 million ($604.23 million) to connect two wind farms with a combined capacity of 800 MW northwest of the German island Borkum in the North Sea to the power grid.
  • Hunt Oil Co.'s Peru LNG is expected to encourage investment in the energy field in the small nation, says company Chairman Ray Hunt, after the facility opened for operations this week.
  • Catalyst Renewables has begun talking to lenders to finance two $100 million biomass plants in New York State.
  • SunEdison is closing a financing with NordLB this week for 20MW of photovoltaic projects in Canada.