Today's Date:
Friday, August 29, 2008
Finance & Venture Capital
June 24, 2008
The San Francisco company will use the money to offer services it says will make solar energy more affordable for homeowners.
June 23, 2008
Citigroup CFO Todd Thomson aims for a $3 billion cleantech fund, while Intel spins off SpectraWatt, Schott plans an IPO and SolFocus, Inventure Chemical Technology and GreenFuel Technologies seek cash.
June 23, 2008
After eliminating a subsidies program in 2005, Japan is considering an incentive program to give its solar companies an edge and meet emission-reduction goals.
June 20, 2008
The greentech venture capitalist becomes a target of a lawsuit by a prison inmate with a history of frivolous suits against the likes of Brad Pitt and Angelina Jolie, the Magna Carta and Hank Aaron's baseball bat.
June 19, 2008
The solar industry could produce 10 percent of the United States' total electricity by 2025, according to a study by Clean Edge and Co-Op America, but it'll take help from utilities and billions of dollars in investments.
June 17, 2008
The algae company gets a new CEO and says it plans to announce one or two U.S. projects soon, as well as close its long-awaited third round of funding.
June 17, 2008
Intel spins off SpectraWatt, joining other semiconductor companies, such as Applied Materials and IBM, which are making plays in the field. Should the rest of the solar industry be worried?
June 16, 2008
As gasoline prices breach $4 per gallon, Xtreme Energetics, GE Energy, G24 Innovations, Aurora Biofuels and Firefly Energy score funding, among others.
June 13, 2008
While the U.S. invests in commercializing plug-in vehicles by 2016, Nissan says it will have an electric vehicle ready by 2010 and Tesla strikes a deal with Daimler.
June 13, 2008
The new leader of a two-year-old company will be busy persuading investors that cellulosic ethanol is a good bet.
June 12, 2008
A quarterly report on cleantech patents shows a drop in solar, electric car and biofuel segments. Fuel cell patents are highly sought after.
June 12, 2008
On the first day of Intersolar in Munich, a two-year-old company begins selling its shares to raise $122.9 million.
June 9, 2008
Timminco rounds out a news-heavy week by closing a factory that makes cast-magnesium billet. Insiders are mixed on how this will affect the techology.
June 9, 2008
RockPort Capital Partners raised a $450 million fund and Khosla Ventures is looking to raise $640 million. Meanwhile, investors are pumping money into solar, biofuel and fuel-cell companies.
June 5, 2008
Air New Zealand plans to use biofuels to fly its jets for the first time. Rising crude oil prices have caused the airline industry to spend 40 percent of its budget on fuels.
June 4, 2008
The wind energy producer debuted on the Lisbon exchange with fanfare, but lost its luster by the end of the day.
June 4, 2008
The metallurgical-silicon company files a lawsuit against Lawrence Asset Management after a fund manager allegedly calls the company "virtually worthless" and says there is no evidence it can deliver on its claims.
June 3, 2008
The engineering company and geothermal energy equipment maker will help build five power plants in Iceland.
June 3, 2008
As Bosch lays out plans to acquire the German solar company, one industry analyst says the German engineering and manufacturing firm has put a high price tag on its target. Another analyst suggests the deal is symbolic of things to come.
June 2, 2008
The Canadian company announces a deal to sell up to 5,000 metric tons of upgraded metallurgical silicon to Canadian Solar. Analysts say they still don't have proof the technology is cost-competitive, but add that the stock drop is unrelated.