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 »
Cleantech
This week Solyndra announced plans to file for bankruptcy and said it will lay off 1,100 employees. How will the event impact the larger cleantech industry, greentech startup funding and the solar sector as a whole? We ask you to weigh in. Read More »
Car-sharing companies highlight the fact that people only use their own cars less than 10 percent of the time. But when it comes to boats, owners use them even less, or about two weeks out of the year — that’s according to startup Nautical Monkey. Read More »
Will huge returns on social media investments — like Groupon, LinkedIn or Pandora — help make up for underperforming greentech investments in a venture firm’s portfolio? If so, perhaps this gives firms time — and wiggle room — to keep up their cleantech investing. Read More »
Early stage startups competing for the MIT Clean Energy Prize have a lot more than the $200,000 grand prize winnings on the line. Winning the annual contest also means a team, with students making up at least half of its members, will get a spotlight in … Read More »
The rate of innovation in clean tech, next-generation transportation, green products and sustainable business initiatives has never been higher. This year, nearly $4 billion in venture capital investment has been poured into green innovation, making it the most active sector of VC investment … Read More »
Want to hit it big in cleantech? Sign your Chief Financial Officer up for Mandarin lessons. “The hottest commodity today is a Chinese-speaking CFO with an MBA from an American school –- that person is worth a mint,” venture capitalist Steve Westly said this week … Read More »
Exceeding expectations is the name of the cleantech game for investor Steve Westly these days. Last night, he said at the Reuters Global Climate and Alternative Energy Summit that his firm, the Westly Group, set out to raise $100 million for a new cleantech fund … Read More »
Electric car startup Tesla Motors saw 2,500 of its shares trade yesterday for $10 apiece, valuing the company at $1 billion. No, Tesla has not gone public. Rather, it’s the first private company to have its stock sold in a new — and at this point … Read More »
Evolution Solar Shopping for Startups: Evolution Solar has announced that it is searching for a suitable acquisition of an existing solar company, preferably one that’s involved in sales and distribution, but which lacks an expansion plan. — PV Tech AEP Signs Up for Solar: Ohio utility … Read More »
London Mayor Boris Johnson wants his city to take the lead in making the UK the electric vehicle capital of the EU. Like the leaders from San Francisco, Calif. and Portland, Ore., he threw down the gauntlet earlier this year. But in the midst … Read More »
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