A Colorado startup has come up a light-weight motor for wind turbine generators that borrows the design of a printed circuit board. Boulder Wind Power is lining up its first customer that plans to give its technology a try. Read more »
Japanese scientists have pinpointed large deposits of rare earth elements that are necessary for all sorts of cleantech gear. The discovery gives hopes that China’s chokehold on the rare earth supply could be over, but accessing those minerals will be difficult. Read more »
Rare earth mining company Molycorp has made another acquisition, and yes, its shares are even higher than when we last covered the company earlier this month. Molycorp has acquired Santoku America, based in Tolleson, Ariz., from Japanese firm Santoku Corporation, for $17.5 million. Read more »
I didn’t think it was possible for the shares of rare earth mining company Molycorp to go much higher. But this morning, on news that Molycorp plans to buy 90 percent of European rare earth mining company AS Silmet, shares in Molycorp are surging. Read more »
Clean Edge’s new report lays out five trends that could drive the next decade’s green markets, from those relying on hard, cold economic realities to others susceptible to changing government mandates or consumers preferences. Read more »
Earnings are looking a whole lot brighter for most greentech and solar firms, compared to a year ago. Well, that was the case for both rare earth mining company MolyCorp and solar panel maker Suntech. However for Evergreen Solar not even a bullish solar sector helped. Read more »
Greentech marked its best year ever in 2010, and part of that is thanks to the wealth of activity across sectors during the fourth quarter. Global investment in clean energy surged, and while wind power remained the biggest greentech area, solar power saw the fastest growth. The energy efficiency sector appears to have more room for smaller players to make their mark amidst a rapidly maturing market. Meanwhile, China’s stance as a growing greentech giant continued to complicate its relationship with the United States. Companies mentioned in this report include General Electric, Intel, ZigBee, iControl, People Power and EnerNOC. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
On the back of a series of positive news for recently-public rare earth mining company Molycorp, the Colorado-based company’s stock is soaring at above $50 per share this morning. That’s waaay up from its New York Stock Exchange debut price of $13.25 in July. Read more »
First Wind Holdings has canceled its IPO, joining the ranks of greentech hopefuls that have found the recent economic climate — or perhaps, their own financials — too unfavorable to risk the public markets. Read more »
Greentech IPOs and the Department of Energy’s loan guarantee program are like peas in a pod these days. An initial public offering slated for later this week (that of Molycorp, which mines minerals used in many green technologies) offers the latest example. Read more »
In the second quarter of 2010, greentech startups scored record venture capital and increased spending despite a weak economy. Solar power retained its lead in greentech venture financing, while global investment for clean energy asset financing fell. China, meanwhile, underscored its rising might in the greentech industry, raising billions of dollars in green energy financing. Read more at GigaOM Pro »
A group of 20 senators is urging the Department of Energy to open its loan guarantee program to projects meant to increase U.S. production of rare earth elements, a group of metals used in used in a variety of green technologies. Read more »
Molycorp, which mines of a group of metals known as rare earth elements used in hybrid vehicle batteries, wind turbines, compact fluorescent light bulbs and other technologies, filed with regulators Friday afternoon to raise up to $350 million in an IPO. Read more »
Updated: Google likes to buy things — sometimes with grand designs. But as we all know, grand designs have a habit of turning into delusions of grandeur. Today, the search giant made two moves. First, it made a smart and strategic bet by agreeing to buy […] Read more »
