LS9 Raises $30 Million to Ready Products for Commercial Production

The press release states, “LS9, Inc. today announced that it has received $30 million in its latest round of funding. BlackRock, a prestigious, global-reaching firm with over $3 trillion in assets under management, led the investment round. All previous investors also participated in the round, including; Flagship Ventures, Khosla Ventures, Lightspeed Venture Partners and CTTV [...]

Elevance Renewable Sciences Raises $100 Million in Series C Financing

According to the  press release, “Elevance Renewable Sciences, Inc. announced today that it has raised $100 million in its Series C financing round. Elevance produces high performance ingredients for use in personal care products, detergents, lubricants and other specialty chemicals and fuel markets from renewable feedstocks. Naxos Capital Partners led the round with additional new [...]

EnerNOC Enters into Agreement to Acquire Global Energy Partners

According to EnerNOC’s press release, “EnerNOC, Inc. (NASDAQ: ENOC) today announced that it has entered into a definitive agreement to acquire Global Energy Partners, an industry leader in designing and implementing utility energy efficiency and demand response programs. Through this acquisition, EnerNOC will expand its addressable market and will be able to deliver a broader, [...]

Racktivity Secures $8 Million in Series B Funding

According to the press release, “Racktivity, an innovator in next-generation energy and uptime management solutions for data centers, today announced the closing of an $8 million Series B round of financing led by Partech International, with the participation of existing investor Big Bang Ventures. The funds will be used to accelerate Racktivity’s product, technology and [...]

H2 Logic: Hydrogen station for Lillestrøm Norway in 2011

According to the press release, “Recently Hynor Lillestrøm AS signed a contract with H2 Logic A/S on delivery of a hydrogen station in summer 2011, after a competitive tender exercise. The station will be installed at a new hydrogen research facility at Akershus Energy Park in Lillestrøm just outside of Oslo in Norway. The station [...]

NewWorld Capital Group invests in Coolerado Corporation

The press release states, “NewWorld Capital Group today announced a strategic investment in Coolerado Corporation, a manufacturer of super-energy-efficient air conditioning systems for commercial and residential applications. Electrical energy costs associated with commercial air conditioning exceed $45 billion in the United States alone, representing more than a third of total electricity consumed in these buildings. [...]

Carbonflow Corp. Closes Second Round of Venture Financing

According to the press release, “Carbonflow® announced today that it has closed a Series B round of venture funding totaling $4.2 million. The proceeds will be used to expand the company’s global sales presence and accelerate the release of new software products and services. The round was led by OVP Venture Partners and included @Ventures [...]

1366 Technologies raises $20 million series B financing round

According to the press release, “1366 Technologies, whose innovative approaches to solar manufacturing have the potential to halve the cost of solar energy, announced today the close of a $20 million Series B financing bringing the Company’s total amount raised to $37.55 million. Korea’s Hanwha Chemical and Ventizz Capital Fund IV L.P., one of Europe’s [...]

Ice Energy Closes $24 Million in Series C Funding

According to the press release, “Ice Energy, a leading provider of smart grid-enabled distributed energy storage solutions to the electric utility industry, today announced it has completed a $24 million first closing of its Series C financing. The $24 million investment provides Ice Energy with working and growth capital to support its deployment of utility-scale [...]

Yingli Green Energy Announces New 700 MW Capacity Expansion Projects

According to the press release, “Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which markets its products under the brand “Yingli Solar,” today announced its new 700 MW capacity expansion projects to be located [...]

Enel has green light for Europe’s biggest 2010 IPO

According to Reuters, “Italy’s market regulator has cleared Enel’s plans to list its Enel Green Power (EGP) renewables unit, paving the way for Europe’s biggest initial public offering so far this year. In a statement on Wednesday, Enel said it received the go-ahead for the publication of its EGP IPO prospectus from market regulator Consob, [...]

US Bur. Land Mgmt approves Brightsource Energy’s Ivanpah Solar Electric Generating System

According to the press release, “BrightSource Energy, Inc., developer of utility scale solar power plants, today announced that the U.S. Bureau of Land Management (BLM) issued its Record of Decision (ROD) for the company’s Ivanpah Solar Electric Generating System. With today’s BLM decision, the Ivanpah project now has all of the necessary permits to commence [...]

Secretary Salazar Promotes Clean Energy, Signs Cape Wind Lease at AWEA Conference

October 7, 2010  
Written by , in Green Investments, Green News, Green News Feature, Wind

According to the press release & speech, “Today, Secretary of the Interior Ken Salazar delivered the keynote address at the American Wind Energy Association’s (AWEA) annual North American Offshore Wind Conference in Atlantic City, New Jersey. Following his remarks, Secretary Salazar and Cape Wind Associates, LLC signed the nation’s first lease for commercial wind energy [...]

Elster Group SE Files Registration Statement for IPO

According to the press release, “Elster Group SE, one of the world’s largest electricity, gas and water measurement and control providers with products and solutions widely used by utilities in the traditional and emerging Smart Grid markets, today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission for a [...]

Exelon Expanding Into Wind Generation with Acquisition of John Deere Renewables

According to the press release, “Exelon Corporation today announced an agreement to acquire John Deere Renewables, a leading operator and developer of wind power, in a transaction that will add 735 operating megawatts of clean, renewable energy to Exelon’s generation portfolio, as well as an additional 230 megawatts in advanced stages of development. The acquisition, [...]

Japan to subsidize energy-efficient plants: report

According to Reuters, “Japan’s government plans to subsidize domestic plants producing clean-energy and energy-efficient goods under steps to support the slowing economy, the Nikkei newspaper said, as the murky outlook keeps firms from boosting spending at home. A strong yen is putting additional pressure on Japan’s fragile economy, which is already seeing slowing growth and [...]

Magma Energy Purchases of a Further Interest in Icelandic Geothermal Energy Producer

According to the press release, “Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed a portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds an 84.21% interest in HS Orka. The acquisition was originally announced [...]

Enel Green Power Espana receives 50% of the Iberian JV Assets

August 7, 2010  
Written by , in Green Investments, Green News, Renewable

According to the press release, “Today Enel Green Power SpA (“EGP”) and its subsidiary Enel Green Power España SL (“EGPE”) announced the signing of an agreement with Gas Natural SDG, SA (“Gas Natural Fenosa”) for the break-up of all the assets of Enel Union Fenosa Renovables, SA (EUFER), a 50% joint venture between EGPE and [...]

GM and Bright Automotive Announce Strategic Relationship

According to the press release, “Bright Automotive and General Motors Co.  announced Tuesday they have agreed to pursue a strategic relationship and that GM has  provided funding to the Indiana automaker, the first  funding action by the newly formed General Motors Ventures LLC. The funding will help accelerate Bright’s production of the IDEA, a revolutionary [...]

President Obama Announces a conditional commitment offer for a $1.45 Bil Fed. Loan Guarantee for Abengoa Solar

According to the press release, “President Obama announced today in his weekly video address that DOE has offered a conditional commitment for a $1.45 billion loan guarantee to Abengoa Solar, Inc. The loan will support the construction and start-up of Solana, a 250 net megawatt (MW) concentrating solar power (CSP) plant in Arizona. “After years [...]

Boston-Power Announces $60 Million in Growth Capital

According to the press release, “Boston-Power, Inc., the rapidly growing provider of next-generation Lithium-ion batteries, today announced $60 million in Series E funding co-led by existing investors Foundation Asset Management (FAM) and Oak Investment Partners. Current investors Venrock and Gabriel Venture Partners are also participating. Among the world’s most well-financed companies in energy storage and [...]

ITOCHU Corporation and GE entered into collaboration agreement

According to the press release, “ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter “ITOCHU”) and General Electric Company (headquartered in Fairfield, CT; Jeff Immelt, Chairman & CEO) entered into a collaboration and cooperation agreement to identify co-investment opportunities in renewable energy worldwide. Under this agreement, General Electric’s GE Energy Financial Services [...]

U.S. Commerce Secretary Gary Locke Kicks Off Clean Energy Biz Dev in Hong Kong

According to the press release, “U.S. Commerce Secretary Gary Locke arrived in Hong Kong today for the first stop of a clean energy business development trade mission to promote exports of leading U.S. technologies and services related to clean energy, energy efficiency, and electric energy storage, transmission and distribution. The mission will continue through May [...]

Microvi Signs Three-Year Exclusive Commercial Agreement with Clean TeQ Limited

According to the press release, “Microvi Biotechnologies Inc., (Microvi) the leader in advanced clean water treatment technologies, today announced that it has entered into a three-year commercial contract with Clean TeQ Limited, the Australian leader in air purification solutions and an emerging player in water and wastewater treatment for beneficial reuse. Under the terms of [...]

Renovalia Energy delays its initial public offering due to financial market conditions

According to the Press Release, “Despite the good acceptance and the demand generated by investors, the important losses in stock markets in the past days and the no resolution of the uncertainty about the regulation of renewable energy sector made the company take this decision. -The decision has been taken following the advice of the [...]

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