Blog Archives

The Week In Green Energy: ‘Plug The Damn hole!’


Week of May 24 – to – May 28, 2010
U.S. President Obama tours oils spill disaster on Gulf Coast
President Obama tours the beach at Port Fourchon with Parish President Charlotte Randolph. The oil spill resulting from the Deepwater Horizon disaster now officially ranks as the worst in U.S.…

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Google Buys Mountains of Carbon Offsets



That's clean energy…

Earlier this week Google announced the purchase of carbon offsets, for an undisclosed amount, that will support the deployment of a biogas power generation facility in South Carolina.

Google spokeswoman Emily Wood emails G.E.R. that it has…

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Exclusive: Canadian Energy Management Co. Ponders $14M Series C Raise


Energate, a Canadian developer of home energy management solutions, is looking to raise as much as  $14 million from current and new investors as  part of a Series C that could happen in the next 12 months, Marketing Director Karen…

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Exclusive: Canadian Energy Management Co. Ponders $14M Series C Raise


Energate, a Canadian developer of home energy management solutions, is looking to raise as much as  $14 million from current and new investors as  part of a Series C that could happen in the next 12 months, Marketing Director Karen…

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Exclusive: Innova Dynamics Eyes Series B


Innova Dynamics, the advanced materials spinout from the University of Pennsylvania, will likely tap investors for a Series B sometimes in coming year, company CEO and co-founder Alexander Mittal tells G.E.R.

Mittal said the amount is still not settled but…

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New Wind Farm Installs Set To Dip In 2010, Study Says



Expected new wind power capacity for the 2010 – 2025 period

2009 was great, 2010 won’t be as good, that’s the key take away of a study (U.S. Wind Power Markets and Strategies: 2010-2025) released today by IHS Emerging Energy…

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Innova Dynamics Raises $5.5 Million Series A Financing


Innova Dynamics, a developer of advanced materials that can be used in the cleantech industry, has raised $5.5 million as part of an inaugural financing led by Rho Ventures. MentorTech Ventures also participated in this Series A round.

Innova, a…

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BPGlobalPR Calls The Shots


BP and its armada of flacks are being outdone by a lone Twitter account: BPGlobalPR, launched shortly after the start of the massive BP oil spill. The Twitter account has garnered about six times more followers than BP America’s real…

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SunEdison Secures Long-Term Project Financing With $1.5bn PE Venture


Solar power plant developer SunEdison and energy-focused private equity fund First Reserve have formed a venture that will finance solar projects developed by SunEdison.

The two companies will  first invest an initial $165 million in the venture. However, eventually the…

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BofA’s Lu Yeung Top Analyst For Alternative Energy In WSJ Ranking


Lu Yeung, a Hong Kong-based analyst covering solar power companies at Bank of America Merrill Lynch, made two crucial calls last year that helped land him the top spot  as the best equity analyst covering alternative energy stocks in the…

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U.S. Patent Office Streamlines IP Protection For Renewable Energy


The U.S. Patent and Trademark Office has made it easier for green inventors to protect their intellectual property. On Friday the government agency announced that it had changed the application process for its Green Technology Pilot program in a bid…

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MEMC Ready To Pay $76M for Silicon Wafer Maker Solaicx


MEMC Electronic Materials has agreed to buy Solaicx, a  Santa Clara, Calif.-based maker of silicon wafers for photovoltaic panels for $66 million. MEMC could pay an aditional $10 million if Solaicx gets additional investments from current shareholders.

MEMC owns solar…

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Tony Blair Goes Gore, Joins Khosla Ventures as Senior Adviser


Middle East Quartet's Session - MoscowFollowing in Al Gore’s footsteps, former British Prime Minister Tony Blair is looking to cash-in on cleantech opportunities and as has signed-on as a senior adviser with Khosla Ventures, one of silicon Valley’s most ambitious green venture capital fund. On…

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Reblog: Kerry-Lieberman: Short on Innovation


This post by Mark Muro, fellow and policy director, Metropolitan Policy Program at the Brookings Institution, was first published on the Brookings’s Up Front Blog.
As the spin cycles speculate on whether the Kerry-Lieberman Senate climate bill has a chance…

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The Week In Green Energy: Storms in the Horizon?


Week of May 17 – to – May 21, 2010

Jonathan Nelson, CEO Providence Equity Partners on Charlie Rose this week defending his industry as Congress debate a plan to place higher taxes on partnerships involved in private equity, venture…

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Cleantech Banker Exits HSH Nordbank


We learn that a New York-based project finance banker has exited the energy financing group at German bank HSH Nordbank. He’s joining anoter European project finance bank.
Gregory Hutton, a v.p. with HSH Nordbank’s energy project finance group, is leaving…

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Toyota Acquires $50M Stake in Tesla Motors


Japanese auto maker  Toyota announced today that it’s investing $50 million in electric-car maker Tesla Motors. As part of the deal Tesla  gets its hands on a factory in California, where it will build its Model S car and other…

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Cleantech Is Where Most of The VC Dollars Are Heading These Days


PeHUB, today released a Top 10 ranking of this year’s largest venture capital deals, so far. And, not surprisingly, half of the 10 deals listed involved cleantech companies. Better Place, the battery service provider, leads the ranking with $150 million…

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PE Firm Mid Europa Set To Grow Cleantech Portfolio


Mid Europa Partners is considering other investments in east European solar and wind companies, Stefan Tzvetkov, a  London-based director with the private equity fund, tells G.E.R.

With the European Union seeking to cut carbon dioxide emissions by 20 percent over…

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NTE Energy Staffs Up, Hires Calpine Veterans For Business & Project Development


NTE Energy, which last month entered into a joint venture last month with Energy Investors Funds (EIF) to develop hybrid gas/solar power plants, has hired Mark Daley, director of strategic origination at Independent Power Producer Calpine, as executive vice president,…

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