Harvest Power is raising $110 million from investors including Al Gore’s fund, venture firm Kleiner Perkins and a fund led by former First Solar CEO Michael Ahearn to build out its facilities that turn organic waste into fertilizer and energy. 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 game. Read more »
Former First Solar CEO and founder Michael Ahearn officially launched his $300 million greentech fund, dubbed True North Venture Partners, on Monday. Greentech entrepreneurs, send them your best pitches! Read more »
First Solar Chairman and former CEO Michael Ahearn is raising a $300 million venture fund, according to an SEC filing. Will the money be going to solar startups, or even cleantech? Read more »