Asia, with its rapidly growing number of car owners and large pollution problems, could very well be the biggest market for biofuels and green chemicals one day. LanzaTech, which announced Monday it has raised $55.8 million, is certainly finding more willing customers and partners Asia. Read More »
Cleantech
Startups looking to disrupt the traditional energy industries — oil, coal, gas-burning cars — need to have more than just innovative technology. They need a team and a plan in place that can scale their technologies to compete on the massive scale needed. Read More »
A complaint accusing Chinese solar cell and module manufacturers of flooding the U.S. market with unfairly low-priced goods cleared a hurdle to move forward Friday with a 6-0 vote by the U.S. International Trade Commission. Read More »
Kleiner Perkins’s $250 million China fund represents the logical next step in a migration of cleantech investment toward China, points out GigaOM Green IT analyst Adam Lesser. Here’s three reasons cleantech VC dollars are heading east. Read More »
Another dark cloud is waiting for solar companies: the decline of government incentives that in the past have pumped the growth of the solar market worldwide. The United Kingdom, for example, plans to halve its subsidies for solar panels in 2012. Read More »
Solyndra bankruptcy has helped to fuel resentment toward China for its generous subsidies of Chinese solar companies. That resentment has morphed into petitions filed Wednesday that ask the U.S. government to investigate Chinese companies for allegedly flooding the U.S. market with goods below costs. Read More »
China has long been perceived as the must-tackle market for clean power and cleantech, but it’s also become a spigot of private capital for startups that find the marriage of money and market opportunity particularly appealing. Read More »
Boston-Power, which once dreamed of building a lithium-ion cell battery factory in the United States, announced Tuesday it has lined up $125 million of investments to shift a big part of its business to China and thin its operation in the U.S. by about 35 percent. Read More »
Does the Chinese government want to be a cleantech VC? That seems to be the case as the government announced a plan to invest directly or through venture capital funds in startups that are developing technologies including alternative energy and cars. Read More »
Only 72 percent of China’s wind-power sources are connected to its grid — meaning there’s a good deal of wind turbines that are spinning that aren’t providing usable clean power. Battery maker A123 Systems hopes its first deal in China can help with that problem. Read More »
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