Sometime shortly after 7 a.m. PST on Monday, execs at algae oil company Solazyme and members of the media will board a plane at Houston’s Bush Intercontinental Airport and take off on the first commercial U.S. domestic flight to use Solazyme’s algae-based jet fuel. Read More »
Cleantech
Looks like Groupon will go public on Friday morning at $20 per share, giving it a valuation of $12.6 billion for its online coupon business. Let’s compare it to some of the greentech startups and big energy firms and try not to get disturbed. Read More »
Biofuels made from algae that will be able to scale, and compete with oil, will have to be synthesized and will not come from nature, says genomics scientist and entrepreneur Craig Venter. That notion could put a damper on Venter’s current deal with oil giant Exxon. Read More »
Next-gen biofuel and biochemical companies Genomatica and Mascoma have filed notices recently indicating that they plan to go public some time soon. But how are the other next-gen biofuel companies that have gone public in recent months now faring on the stock market? Mostly down. Read More »
The U.S. military has stepped up efforts to invest and use more cleantech at its bases and battlefields, including renewable electricity, energy storage and a host of energy efficiency technologies. Here is a list of plans and projects underway. Read More »
To promote biofuel production, the U.S. government is becoming both the investor and customer. The White House announced Tuesday a $510 million investment to speed up biofuel production for the military and beyond. Read More »
After the great market sell-off yesterday, stocks are rebounding slightly on Tuesday, including many of the greentech stocks that took a beating yesterday. But most of them are only up slightly. Here’s the latest: Read More »
Algae oil company Solazyme, which went public in May of this year, reported both revenue and losses up for the second quarter of the year. At the same time, the company said it expects to produce 500,000 metric tons of algae oil by 2015. Read More »
When it comes to greentech investing, it’s basically all or nothing, and either you have a commitment to the field or you don’t, says VantagePoint Capital founder Alan Salzman. Read More »
Biofuel companies may not get as much venture capital investments, but they sure are attracting a good number of investors in the public markets. Renewable Energy Group is turning to the public market route and on Monday said it will go public to raise up to… Read More »
Cleantech venture investments dropped by a third in the second quarter of this year compared to the same quarter last year, according to the Cleantech Group. However, energy efficiency technologies such as LED lighting and energy management software are still getting some love from private investors. Read More »
Four-year-old OPX Biotechnologies, which uses genomics to make biofuel production more efficient and economic, is in the process of raising a $45 million round, and has closed on $37 million of that funding, according to a filing. Read More »
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