In Brief

BP WILL buy Brazilian biofuel company CNAA for €493m

GE HAS bought Wastach Wind, an innovative US wind turbine tower maker

UK RETAILER the Co-Operative Group will invest €1.15bn in green energy

IKEA PLANS to build a nine-turbine wind farm to power 17 of its Swedish stores

COCA-COLA IS backing a €17.5m plastic bottle recycling plant in Britain

THE EUROPEAN Investment Bank (EIB) invested €19bn in green projects last year

COMMODITY SHIPPER Cargill is testing a giant kite-sail to cut its ships fuel consumption

ICELAND MAY lay a 727-mile cable to transmit geothermal and hydro power to Britain

SIEMENS WILL provide €640m of energy efficiency financing for UK businesses

FERTILISER AND biotech giant Monsanto has bought an undisclosed stake in US algae biofuel firm Sapphire Energy

SAUDI ARABIA has contracted two South Korean companies to build a $1.5bn (€1bn) solar panel factory