Today's Date:
Tuesday, October 07, 2008
Finance & Venture Capital
September 24, 2008
The India wind energy giant makes splash at Clinton Global Initiative with its plan to bring green power to 10 million people, mostly in India and China.
September 24, 2008
The country will consider a 500-megawatt cap for 2009 as part of its lucrative solar incentive program, a sharp increase from previously proposed 300 megawatts.
September 24, 2008
The round, from undisclosed investors, brings the California energy-storage company's capital to $68 million, according to previous announcements.
September 23, 2008
A KPMG survey finds that venture capitalists, entrepreneurs and others expect more fundings for energy storage, wind and clean coal.
September 22, 2008
Public and private companies announced plans to raise money in the past week despite turmoil in the financial markets.
September 19, 2008
Southern California Edison plans to install 5.3 million electric meters between 2009 and 2012. The utility has signed a $480 million deal to buy most of the meters from Itron.
September 19, 2008
The Senate tried to vote on more than $17 billion in renewable-energy tax incentives Thursday, but objections from one lawmaker delayed the final vote until Tuesday.
September 18, 2008
Geothermal power company faces executive departures amidst aggressive growth plans. The company plans to raise the cash by issuing shares or borrowing money
September 18, 2008
Investors, such as Bill Gates, have already turned 2008 into a record-breaking year for algae-based biofuel companies raising venture capital.
September 18, 2008
Key Senate Republicans and Democrats have agreed on an energy bill that would provide more than $17 billion in renewable-energy incentives.
September 18, 2008
The co-founder of the two-year-old startup in California says the company is seeking funding for developing energy storage centers for power companies.
September 17, 2008
Gates' Cascade Investment has put money in Sapphire Energy, which has raised over $100 million since its inception.
September 17, 2008
Solar-cell developer Ampulse said it is looking to raise $10 million in its first round of financing, and morphing wind-blade developer FlexSys wants $8 million.
September 17, 2008
The electric car startup is lining up $250 million to build a new assembly plant and headquarters in Silicon Valley.
September 16, 2008
The global investment bank's bankruptcy filing will likely make it even tougher for greentech companies to raise capital.
September 16, 2008
The Santa Monica, Calif.-based company raises cash to develop plants that make electricity from the sun's heat, while Platina Partners closes €128 million in debt financing, Suntech breaks ground on a new solar-cell factory.
September 16, 2008
The city plans to create a special tax district to buy solar-power systems for its residents and businesses, which would pay the city back through property taxes.
September 15, 2008
The thin-film startup plans build the €30 million ($42.75 million) facility in the same town as its previously announced 1-megawatt solar farm and panel-assembly factory.
September 15, 2008
Analysts predict solar-panel prices will fall next year as the production booms. Meanwhile, public solar companies see their shares fall 5 percent.
September 15, 2008
The startup has filed for an IPO and plans to use the money to stockpile indium. Some thin-film solar companies plan to use the metal – also used for LCDs and LEDs – which could boost its value.