Malcolm Bricklin says he’s confident he will win the cash award for the Automotive X-Prize, (according to CarConnection), with a 100 mpg plug-in hybrid-electric vehicle from his company Visionary Vehicles. Yep, that sounds like good ol’ Bricklin. The 68-year-old car entrepreneur is famous for both bringing […] Read more »
It’s hard to get one’s head wrapped around all the money being poured into the various sectors of cleantech these days. Last year investment in clean energy surged 67 percent over the previous year, but at the same time there was more than $2 billion left […] Read more »
Another morning, another firm has announced the closing of a cleantech fund. This time it’s over $100 million for Expansion Capital Partners, a San Francisco based firm, founded in 2002 by Mark Donohue. Expansion says that it was the first fund to focus solely on expansion-stage […] Read more »
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It was a who’s-who of cleantech last night at the AlwaysOn GoingGreen launch party. A bit smaller crowd than we expected, but a decent turnout for the announcement of AlwaysOn’s list of 100 emerging cleantech companies. Smart grid start-up GridPoint took home the title of “overall […] Read more »
Cleantech Up 10% in Q2: The Cleantech Network says that in the second quarter of this year North American and European cleantech venture investment totaled $1 billion, representing a 10% increase over the $903 million invested in Q1 2007 — release. Icy Thermal Investing: Iceland’s Glitnir […] Read more »
Yeasty Ethanol: “Yeast” would’ve been a better choice for our A to Z list of the Biofuel Economy, instead of, um, “Your chopsticks.” Anyhoo. University of California Irvine researchers have teamed up with Laguna Hills, Calif.-based start-up CODA Genomics to explore ways to turn a common […] Read more »
Update: We just chatted with Virent CEO Eric Apfelbach, who told us the company already has a pilot project “somewhere in the U.S.” Apfelbach also says that the company hopes to do an IPO “in a few years time.” Good luck with that. As traditional biofuels […] Read more »
Written by Georgia Biondo Flight Hybrids and biofuels may be hot topics on eco-watchers’ lips these days, but with two-thirds of the world’s goods still being transported by sea, forward-thinking companies will be focused less on the highway and more on the horizon. Enter UK-based Blue […] Read more »
We weren’t surprised to find Masa Ishii, one of Noventi’s managing directors, on the prowl for investment opportunities at the ASME Energy Nanotechnology International Conference yesterday. Menlo Park-based VC firm Noventi sits on a $100 million fund for early-stage cleantech investments. The firm, once an investor […] Read more »
Over $100 million in funding went to various types of solar startups in just the last few weeks alone. The bulk has been for equipment and manufacturing companies, but startups focusing on solar service business models are getting more cash, too. Tioga Energy, a solar service […] Read more »
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To the skeptical consumer, carbon offsets can seem as shady as Karl Rove. I’ll be the first to admit it, I’m totally overwhelmed by the sheer number of carbon offset providers out there — which ones are reputable, where does my money go, how effective are […] Read more »
Climate Change Capital, an investment banking group based in London that invests in cleantech, says it has closed a fund worth 200 million euros ($273 million). The fund is backed by investors Alpinvest, Robeco, HSBC, USS, Alliance Trust, Bankinter, Woelbern Group and Harcourt. The group, which […] Read more »
Since moving to California two years ago, it seems like I’ve landed in this eco-savvy bubble, cut off from the rest of the country. Looking at the amount of start-up activity and government support for the sector, it’s clear that California is one of the leaders […] Read more »
Written by Jackson West and cross-posted on our sister site NewTeeVee The latest show backed by Next New Networks, ZapRoot, kicks off Wednesday after a soft launch preview on ViroPOP, which claims to be a channel for the “new green generation.” The show is slick and […] Read more »
Greentech Media Launch: Our good friends Greentech Media launched their eco-tech news site today. Check out our blog feed on the site! – release. Cleantech Investing Acquired: As part of Greentech Media’s launch, Cleantech Investing was acquired by the Mass. news and research firm. The blog, […] Read more »
Electric car startup Venturi will start rolling out its first electric sports car this month, says Greentech Media, which recently talked to the CEO. And yes, it has the unfortunate name of the Fetish. Name aside, it’s about time — the Monaco-based company talked up the […] Read more »
The long, hot weekend got me thinking about motivation — and not only because I had none in the 100+ degree weather in the Labor Day L.A. sun. For example, I’ve known for awhile that I have a mild case of “Prius Envy,” but after reading […] Read more »
SolFocus, a Mountain View, Calif. based startup that develops solar concentrator technology said this morning that it has closed $52 million in funding, which included a $27.4 million series A for SolFocus Europe. The rounds were led by New Enterprise Associates, and included Moser Baer India, […] Read more »
The green-themed party is almost over in Black Rock desert, Nevada. Festival-goers at the annual Burning Man event are packing up their tents and festivity gear — think flame throwers and art projects — today for the last day of this year’s festival. The man might […] Read more »
Who: Zee Dynamics is a startup with a patent-pending technology that supposedly reduces the amount of fuel and energy used in the production of rubber products such as shoes and tires, and can also make the rubber last longer. The company is self-funded by founder John […] Read more »
Hopefully you’re not spending your Labor Day weekend like me, with a green guilt hangover after traveling hundreds of miles for my holiday festivities. Regardless, check out some of our killer stories from last week. The Tesla Roadster takes a Tahoe road trip after Gavin Newsom […] Read more »
Corporate VC for Cleantech: The National Venture Capital Association recently issued a report that says that corporate venture capital investment — ie. from the Intels and Ciscos of the world — in the first half of 2007 was the highest percentage of corporate venture deals and […] Read more »
If you’re like me, planning on doing a good deal of traveling to get to your holiday revelries this Labor Day Weekend, then maybe you feel similar to how I felt this morning – full of major green guilt. So far I’ve already logged more than […] Read more »
If you’ve been scratching your head over oil companies’ green PR attempts, there’s a new goodie coming up: Chevron (CVX) is due to unveil its latest eco PR effort, and this time it amounts to an earth-friendly-version of SimCity. We were recently emailed a link to […] Read more »
VC $$$ for Cleantech: A report released today by research firm New Energy Finance notes that VC and private equity investment in the cleantech sector surged 67 percent in 2006 over the previous year. Yet clean energy VCs only invested 73 percent of the total money […] Read more »
Plextronics, a Pittsburgh, Pa.-based startup developing organic semiconductors for thin film solar and lighting applications, says it raised $20.6 million in a Series B funding, in a round led by Solvay North American Investments, a member of Solvay Group (SVYSY), a chemical and pharmaceutical group headquartered […] Read more »
The Environmental Protection Agency (EPA) says that the nation’s first renewable fuels standard (RFS) program, which was created by the Energy Policy Act of 2005 and will promote the use of American-grown biofuels, will take effect Sept. 1. As in over Labor Day weekend, folks. That […] Read more »
Solarcentury Holdings, a London-based supplier of solar photovoltaic systems, says it has raised 13.5 million British pounds ($27.2 million) led by Zouk Ventures and Good Energies, and including Vantania Holdings Limited, Foursome Investments, VantagePoint Venture Partners and Scottish and Southern Energy. The funding round — the […] Read more »
Nova Scotia Makes Waves: Nova Scotia government-appointed research group is reviewing the region’s plans for tidal power — InsideGreentech 10,000 MPG: Students at France’s La Joliverie in Loire won a race with a 10,000 MPG fuel economy, using gasoline fuel. Whoa — Cleantech Blog. Sustainable Forestry […] Read more »
Cow-Powered Fuel Cells: Fluid found in the stomach of cows has been used to generate electricity by researchers at Ohio State University. They filled a microbial fuel cell with cellulose and rumen fluid — the fluid found in the largest part of a cow’s stomach — […] Read more »
What could be more “San Francisco” than Mayor Gavin Newsom taking the Tesla Roadster — Silicon Valley’s clean tech hot rod — for a spin around the block down at Fisherman’s Wharf? I almost choked on the orange smoothie the caterers were passing out as the […] Read more »
Propel Biofuels, a Seattle-based startup that is building public biodiesel fueling sites, has raised $4.75 million in its Series A round of funding from @Ventures and Nth Power, the company announced on Wednesday. @Ventures led the round and was joined by local business investors including Andrew […] Read more »
We’ve written plenty about the growing biofuel market and the rising concern over the sustainability of corn or wheat ethanol and soy biodiesel production. Here’s an A to Z of alternative materials and innovative processes that can turn that biomass into fuel. From milk-based ethanol, to […] Read more »
Lighting Up Cleantech: Venture analyst Roger Franklin thinks Europe is missing the boat on LEDs and a $12 billion lighting market –- BusinessGreen.com. Israel Corp’s Electric Car: Israel Corp will invest $100 million of a $200 million investment in entrepreneur Shai Agassi’s electric car venture –- […] Read more »
Dan Primack at PeHub pulls two cleantech fundings out of his Regulation D filings grab bag today, while VentureWire reports on an energy fund from EnerTech Capital. Solexant, a Sunnyvale, Calif.-based startup that’s developing efficient, low-cost solar cells, has raised $4.3 million in a Series A […] Read more »
Carnivores, take note: Meat is the latest food group that is falling victim to biofuel production. At least in the U.K. That’s after reports that food like corn, tortillas, and even gummy bears have been getting the pinch. Already hurting from bird flu, floods, and foot-and-mouth […] Read more »
EnerWorks, a Dorchester, Ontario-based maker of solar thermal products, said today that it has acquired the Blue Peter Project Group (BPPG), an alternative energy services provider and project management company. We don’t know much about the Blue Peter Project Group, only that it was founded in […] Read more »
The first thing that comes to mind when you hear the words eco and military strung together is irony, right? Isn’t it hypocritical to use clean technology like solar, biofuel, fuel cells and hybrid vehicles, while “securing” nations with rich oil reserves? The U.S. military doesn’t […] Read more »
Solar power has plenty of applications for remote regions where the electricity grid is distant and the sun shines bright. The latest, comes from two-year-old startup Solis Energy, which is using solar generators to power Wi-Fi routers located, well, just about anywhere. The Orlando, Fla.-based company […] Read more »
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