An 180-mile drive takes me through the farm belt of California to Coalinga, where Chevron runs an old oil field that uses steam to boost its production. It operates a demonstration project, completed last fall, that uses sun’s energy instead of natural gas to produce steam. … Read More »
Cleantech
Three greentech IPO hopefuls pulled the plug on their public market plans this month. There’s a lot that these companies have in common, and it’s not that they’re green: it’s the lack of profits and even revenues. Read More »
Waste to fuel startup Enerkem has withdrawn its IPO plans citing — what else — poor market conditions. The move is the third greentech IPO hopeful to cancel public market plans this month. Read More »
The second greentech startup that had planned an IPO this month has now withdrawn its plans citing market conditions. Luca Technologies, a startup which uses biotech to produce natural gas via microbes in coal beds, announced that it intends to withdraw its IPO plans. Read More »
It’s not meant to be after all. Solar power plant developer BrightSource Energy, plans to withdraw its plan to go public because of poor market conditions, the company said Wednesday night. Read More »
Brightsource Energy could go public as early as Thursday on the Nasdaq, and with that move the solar power plant developer will be making history. Read More »
Enphase Energy will become the first solar company to go public on the U.S. market since the fall of 2010, when its stock begins trading on the Nasdaq on Friday under the symbol ENPH. Read More »
Stuart Bernstein, the head of the clean energy group at Goldman Sachs, showed up at Cleantech Forum in San Francisco to talk about the IPO market, and his message to startups and investors was: hang in there. Read More »
The kind of flat solar mirrors that BrightSource Energy is erecting in California’s Mojave Desert run 7.2 meters by 10.5 meters. The kind that Saul Griffith is working on stretches all 5 centimeter by 5 centimeter and sit on trackers that are no taller than a … Read More »
Solar Frontier, the largest manufacturer of copper-indium-gallium-selenide (CIGS) solar panels, announced Wednesday that it’s shipped 13.2MW to NRG Solar, which is evolving from being a buyer of solar power projects to a developer. Read More »
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 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 »
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