Investors may not be so keen to put money into solar manufacturing these days, but they are pumping quite a bit of money into the solar retail sector. Sunrun is benefitting from this investor sentiment and announced Wednesday that it’s raised a $60 million in equity. Read More »
Cleantech
Azure Power will be building one of India’s first megawatt-scale rooftop solar projects that will put solar panels on dozens of rooftops and share revenues from power sales with building owners. Read More »
Grid battery startup Aquion Energy announced on Tuesday that it plans to build a factory in Pennsylvania and begin production of its sodium batteries starting in 2013. Read More »
Vineeth Vijayaraghavan is the founder and editor of a site focused on cleantech in India, Panchabuta, and here’s what he’s been watching, reading, and writing about this week: Read More »
Aquion Energy, which is developing a low-cost battery for the power grid made from sodium and water, has closed $20 million of a planned $30 million round and has brought on investor Foundation Capital in addition to existing investor Kleiner Perkins Caufield & Byers. Read More »
Silver Spring Networks filed for a potentially $150 million IPO this week, but the group that stands to gain in the short term is Silver Spring’s stead fast venture backer Foundation Capital. Foundation Capital owned 41.5 percent of shares before the offering. Read More »
Power conversion startup Transphorm has added yet another high-profile investor to its list of backers: George Soros’ investment fund Quantum Strategic Partners. On Thursday Transphorm announced that it has raised another $25 million from Quantum Strategic Partners, as well as existing investors. Read More »
GE has unveiled the second winners of its smart grid challenge, this time focused on home energy. GE says along with its VC partners, it’s investing another $63 million — of its $200 million fund — into 10 companies and giving $100,000 awards to 5 more. Read More »
When it comes to clean-energy investing 2.0, venture capitalists are beyond looking for the silver bullet — or the magic battery –- they spent the last decade hunting and hoping for. Today, VCs are more likely to invest their dollars in slightly less ambitious energy-efficiency projects. Read More »
The smart grid has one of the hottest acquisition markets in cleantech right now, and at our third annual Green:Net event on April 21 in San Francisco, we’re bringing together the pieces of the smart grid M&A ecosystem. Read More »
In the midst of a seeming malaise around cleantech venture investing emerges a bright spot of news: Private equity firm Silver Lake is launching a clean energy fund with investment from George Soros, and led by dream team Adam Grosser and Cathy Zoi. Read More »
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