The failure rate of developers to fulfill their renewable energy contract in California has historically been around 30-40 percent, but that failure rate is expected to come down now that utilities are seeing better prepared and managed projects — and more developers who are in the… Read More »
Cleantech
Cleantech venture capital and corporate investing for the full 2011 year was up in terms of overall dollar amounts compared to 2010, according to the research firm The Cleantech Group, but large follow-on rounds for matured companies continued to dominate the year. Read More »
Solar tech companies have suffered in 2011, and a speedy recovery in 2012 doesn’t seem likely. But the market holds huge potential for growth, and this dark time shall pass. Here is our look at solar trends to watch for in 2012. Read More »
Clean power giant NRG Energy has mostly been building a solar empire based on large centralized solar farms, but it’s keenly interested in the distributed solar market. That explains the company’s announcement that it has bought a project developer Solar Power Partners. Read More »
It was roughly a year ago when the California Energy Commission approved nine solar farms all within a few months in order to make sure those projects could qualify for a federal program that subsidizes 30 percent of their costs. Where are they now? Read More »
BrightSource Energy is still building its first solar farm, but the company already is steaming ahead with the third, 810 MW project called Rio Mesa, for which the company said Friday it has applied for approval from the California Energy Commission. Read More »
A massive selloff of stocks back in August raised the possibility of a closing IPO window for cleantech companies. But if you were hoping for a more uplifting prognosis since, then you’re out of luck — at least for the rest of the year. Read More »
Most of the oil giants have made small investments in cleantech and Chevron’s investment arm, Chevron Technology Ventures, was no exception. Bu Chevron has been moving away from making any cleantech investments, and hasn’t invested in a cleantech startup in two years, according to its President. Read More »
Are there other Solyndras waiting in the wings that could one day lose over a billion in funds to failed green technologies? Well, there are a couple of other green startups that have raised similarly massive private funds and DOE support. Read More »
Infinia, a solar startup which is using Stirling engines to produce solar power, is looking to raise $25 million in funding, and has closed $6 million of that round according to a filing with the U.S. Securities and Exchange Commission. Read More »
Green chemical developer Genomatica has filed for an initial public offering to seek up to $100 million, according to its government filing on Wednesday. The company engineers processes to create chemical from renewable sources for making a variety of products, from clothing to auto parts. Read More »
A year ago, California and federal regulators were busy reviewing and signing off on giant solar farms. Now, the pace has slowed considerably as fewer projects are up for review and uncertainty over federal subsidy programs loom. Read More »
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