A biofuel startup with some stellar investors is making some big claims about its technology and production costs. But it will have to raise some serious money to prove itself. Read more »
The federal government’s decision yesterday to slap fairly hefty tariffs on Chinese solar panels has prompted worries about a big rise in costs for consumers to go solar. But the impact will not likely be as significant for two reasons. Read more »
Electric car charging network owner Coulomb Technologies has lined up $47.5 million to expand its reach during a year when more new electric vehicle models are showing up. Read more »
Solar bellwether First Solar has two pieces of big news out of its earnings on Thursday: a new CEO with deep experience with conventional power and a new 5-year plan to transform the company into a power plant developer. Read more »
Brightsource Energy could go public as early as Thursday on the Nasdaq, and with that move the solar power plant developer will be making history. Read more »
Starting a electricity retailer doesn’t sound like an easy thing to do, but startup Ethical Electric is setting out to do that – but without needing to building and operating distribution lines. Read more »
SolarCity isn’t content with being just an installer of solar panels on rooftops. The company, which reportedly has plans to go public, has expanded beyond solar to a broader set of energy-related services, including upgrading air conditioners and insulating air ducts. Read more »
Solar service provider Sungevity under went some serious expansion in 2011 as it began to target the East Coast and overseas, and lined up Lowe’s as an investor and partner. Now following that growth, the startup has started raising a new funding round of $40.8 million. Read more »
While 2011 will be remember as a troubling year for solar manufacturers, it also is a year when major U.S. power companies such as Duke, MidAmerican and Exelon took a plunge into investing and owning solar power plants. Read more »
The big question for SolarCity when it didn’t secure a federal loan guarantee for an ambitious project a few months back was this: could it carry on with the plan? The answer is yes. SolarCity will get a $350 million loan from Bank of America . Read more »
Solar manufacturers have been on supercharged expansion mode over the past five years in order to cut costs and solar prices. But to continue that march at this point is just unwise. First Solar is now putting off bringing online a solar panel factory in Vietnam. Read more »
The solar market has been marked by falling profits and controversial federal government loans this year, but one bright spot is the growth of the residential and small commercial solar sector in which investors are setting up more funds to financial installations. Read more »
A Department of Energy loan guarantee program that has attracted unwanted attention through its Solyndra deal is ending today, and the DOE is marking the occasion by finalizing billions of dollars of loan guarantees to First Solar, SunPower and Prologis. Read more »
Corporate venture capital plays a key role in the startup world, including the cleantech sector. In his Today in Green IT post, the curator of our research service, Adam Lesser, highlighted the role of corporate venture capital and pointed to an article in the Detroit Free Press […] Read more »
First Solar has become the biggest solar beneficiary of a federal renewable energy loan guarantee program. On Thursday, the U.S. Department of Energy announced three loan guarantee offerings totaling roughly $3.73 billion for First Solar’s three photovoltaic power plants in California. Read more »
Turning wastewater – from cities or food processing plants – into electricity has always attracted investors fancy. Now an investor consortium of GE, NRG Energy and ConocoPhillips is making its first bet on an Israeli technology developer via its new fund called Energy Technology Ventures, the companies said Tuesday. Read more »
The DOE on Wednesday said it is offering a partial loan guarantee for a $1.4 billion loan that will fund Project Amp, which will erect solar panels on hundreds of rooftops around the country. The project is the largest rooftop solar plan in the country. Read more »
On Friday BrightSource Energy received approval from the Bureau of Land Management to restart the part of its Ivanpah Solar power plant project that was suspended in April of this year in order to reassess the project’s impact on desert tortoises. Read more »
Applied Materials had a blockbuster quarter in its solar business in the most recent quarter, but its dim market outlook points reflects changes that aren’t good for manufacturers but great for project developers. Read more »
Solar project developers typically distinguish themselves, among other things, by technology choices. Those who develop photovoltaic power plants tend to stick with PV. That trend is changing. Solar Trust of America is teaming up with a German company to develop PV power plants. Read more »
BrightSource Energy has stopped working on phases 2 and 3 of the Ivanpah solar project –- which includes investors such as Google and NRG Energy –- after finding more desert tortoises on the project site than previously anticipated. Read more »
The rumor has become reality: BrightSource Energy, which is heavily backed by private and public money for its concentrating solar thermal technology, on Friday filed for an initial public offering to raise $250 million. Read more »
Is the greentech industry headed for a breakout year or is it retrenching for hard times to come? The first three months of 2011 provided evidence that could support both assertions, with a big rise in venture capital investment and a big drop-off in global energy financing. Solar power remained the largest green technology sector in terms of venture capital investment, while in the world of electric vehicles, GM’s Chevy Volt hybrid and Nissan’s all-electric Leaf — the first two mainstream plug-in vehicles — hit the showroom floors in significant numbers. Meanwhile the smart grid sector’s relative dearth of VC investment was more than made up for by the massive round of acquisitions. Companies mentioned in this report include NRG Energy, Microsoft, Silver Spring Networks, Tesla and BrightSource Energy. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
Renewable energy is enjoying a rising profile at the expense of nuclear power. But nuclear power producers and technology developers aren’t necessary the losers there. Some of them have been snapping up solar and wind companies and power plant projects, and the trend will continue. Read more »
Corporate investors will play an increasingly important role in the energy technology world and perhaps even outshine the traditional VC firms. The latest evidence: NRG Energy, Conoco Phillips and GE have created a $300 million greentech fund. 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 »
It’s been a sport for analysts and competitors to speculate when solar panel maker First Solar might no longer be the industry’s low-cost leader. First Solar executives issued their sales forecast and promised the company’s reign won’t end next year. Read more »
NRG Energy has taken big stakes in solar and wind power generation, has a lot of green power retailing clout and is planning the first-ever for profit car charging network in the United States. What are the strengths and drawbacks of this end-to-end green power moneymaking ... Read more at GigaOM Pro »
In the past two years, a large electricity generator has emerged to be key booster of solar energy in the United States. NRG Energy is continuing its acquisition spree with an announcement Tuesday that it plans to buy a 250-megawatt project by SunPower. Read more »
Thin-film solar PV maker First Solar has been aggressively buying solar projects, hoping to drive down project costs while spurring demand for its solar modules during the economic downturn. But First Solar isn’t in the business of holding onto these projects over the long term. In […] Read more »
