Mission Motors Announces Series B Financing

Press release states, “Mission Motors, a developer of cutting-edge electric vehicle technology, today announced that it had closed on a $9.0 million dollar Series B financing round led by Warburg Pincus, a leading global private equity firm. Warburg Pincus is making an initial investment of $7.5 million in the company and Infield Capital is following [...]

DOE to Invest $50 Million to Advance Domestic Solar Manufacturing Market

The press release states, “U.S. Energy Secretary Steven Chu today announced a $50 million investment over two years for the SUNPATH program, aimed to help the nation reclaim its competitive edge in solar manufacturing. SUNPATH, which stands for Scaling Up Nascent PV At Home, represents the second solar Photovoltaic Manufacturing Initiative (PVMI) supporting the Department [...]

Clean Urban Energy Secures $7M Series A from Battery Ventures and Rho Ventures

The press release states, “Clean Urban Energy (CUE), an energy storage and smart grid performance optimization technology provider, today announced that it has secured $7 million in Series A financing. The investment was co-led by Battery Ventures and Rho Ventures, and will be applied to rapid product development and a multi-city expansion within the United [...]

DOE Offers Loan Guarantee for $4.5 Bil in Loans for 3 CA Solar Power Plants

According to the press release, “U.S. Energy Secretary Steven Chu today announced offers of conditional commitments for loan guarantees, of approximately $4.5 billion, to support three alternating current Cadmium Telluride (Cd-Te) thin film photovoltaic (PV) solar generation facilities.  The Department is offering a conditional commitment for a $680 million loan guarantee to support the Antelope [...]

EnerNOC Signs 300 Megawatt Demand Response Contract with PPL Electric Utilities Corporation

The press release states, “EnerNOC, Inc. (NASDAQ: ENOC), the leading provider of demand response applications and services, today announced that it has entered into a contract with PPL Electric Utilities Corporation, a subsidiary of PPL Corporation (NYSE: PPL), to provide 300 megawatts of demand response capacity. By drawing upon its DemandSMART™ network of commercial, institutional, [...]

Morgan Solar Closes $16.5 Million in Funding

The press release states, “Morgan Solar Inc. has closed USD $16.5 million in the first tranche of its Series B funding round to ramp up manufacturing and deployment of its Sun Simba concentrated photovoltaic module. The Sun Simba, based on Morgan Solar’s unique, patented Light-guide Solar Optic, is an ultra-thin, lightweight module that is simple [...]

Solazyme and Bunge Sign JDA Partnership for Production of Renewable Triglyceride Oils

The press release states, “Solazyme, Inc., a leading renewable oils and bioproducts company, today announced a two-year joint development agreement (JDA) with Bunge Limited (NYSE: BG) to develop microbe-derived oils utilizing Brazilian sugar cane feedstock. The agreement builds on Bunge’s earlier equity investment in Solazyme, and the letter of intent signed by both firms in [...]

Exelon Corp and Constellation Energy to Merge

The press release states, “The boards of directors of Exelon Corporation (NYSE: EXC) and Constellation Energy (NYSE: CEG) announced today that they have signed a definitive agreement to combine the two companies in a stock-for-stock transaction. The agreement brings together Exelon’s large, environmentally-advantaged generation fleet and Constellation’s industry-leading customer-facing businesses, creating a platform for growth [...]

Solyndra Closes $75 Mil Credit Facility

According to the press release, “Solyndra, a manufacturer of cylindrical solar photovoltaic (PV) systems for large industrial and commercial rooftops, today announced the closing of a new $75 million secured credit facility underwritten by existing investors. The proceeds from the financing will be used to support Solyndra’s working capital requirements, accelerate the Company’s ongoing cost [...]

Genomatica raises $45M

The press release states, “Genomatica, the emerging leader in sustainable chemicals, announced it has raised an additional $45 million dollars. New investors include VantagePoint Venture Partners, the largest investor in this new round, which has committed $2.5 billion dollars to cleantech investment; Bright Capital, the venture arm of RU-COM group, a diversified business group based [...]

Soladigm Closes US$ 40M in Series C Financing

Press release states, “Soladigm, a developer of highly energy-efficient Dynamic Glass for next-generation buildings, announced today that it closed additional financing to the previously announced $30 million Series C funding, bringing the total Series C equity financing to$40 million. New investors The Westly Group and Navitas Capital join existing investors to complete the financing. Concurrent [...]

Tesla Motors Reports Fourth Quarter and Full Year 2010 Results

According to SEC Filings, “Tesla Motors, Inc. (Nasdaq: TSLA) today announced its preliminary unaudited financial results for the quarter and year ended December 31, 2010. Revenues for the fourth quarter of 2010 were $36.3 million, a 16% increase from the $31.2 million reported in the prior quarter. Gross margin improved to 31%, up from 30% for [...]

Lighting Science Group Files Registration for Public Offering of Common Stock

According to the press release, “Lighting Science Group Corporation (OTCBB: LSCG), a leading American maker of LED lighting, has filed a Form S-1 registration statement with the Securities and Exchange Commission for a proposed public offering for the sale of $150,000,000 of its common stock. Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC [...]

EnerNOC Acquires M2M Communications

Press release states, ” EnerNOC, Inc. (NASDAQ: ENOC) today announced that it has acquired M2M Communications, a leading provider of wireless technology solutions for energy management and demand response. M2M manages hundreds of megawatts of demand response capacity throughout the United States and has contracts with leading utilities including Pacific Gas and Electric, Idaho Power, [...]

GE buys Lineage Power from The Gores Group

According to the press release, “GE (NYSE: GE) today announced it has signed an agreement to acquire privately-held Lineage Power Holdings, Inc., from The Gores Group, LLC. Lineage Power is a leading global provider of high-efficiency power conversion infrastructure technology and services for the telecommunications and datacenter industries. The deal will open the door for GE [...]

Mascoma, Frontier Renewable Resources and Valero Ink Deal to Develop Commercial Cellulosic Ethanol Biorefinery

According to the press release, ” Mascoma Corporation, an innovative biofuels company, today announced that Valero Energy Corporation, the nation’s largest independent oil refiner, has invested in Mascoma Corporation. Further, Mascoma, Valero, and Mascoma’s operating subsidiary, Frontier Renewable Resources LLC, jointly owned with natural resource management company, J.M. Longyear LLC, have signed a non-binding letter [...]

Abound Solar closes $400 million loan guarantee from US DOE and $110 million equity investment

Press release states, “Abound Solar, a manufacturer of next-generation, cadmium telluride, thin-film photovoltaic solar modules, today announced that it has closed on a $400 million loan guarantee from the U.S. Department of Energy (DOE) to fund the expansion of the company’s manufacturing capacity. The company also announced that it has raised an additional $110 million [...]

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 [...]

Soladigm Secures $30 mil from investors

The press release states, “Soladigm, a developer of highly energy-efficient Dynamic Glass for next-generation buildings, announced today that it has secured $30 million in Series C equity financing. Combined with previously announced Mississippi state manufacturing financing and other arrangements, the funding will allow Soladigm to build and launch high-volume commercial operations and develop sales and [...]

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, [...]

OPOWER raises 50 mil from VCs

The press release states, “OPOWER, the leading energy efficiency and Smart Grid software company, today announced the closing of a $50 million strategic round of financing.  The round was co-led by Accel Partners and Kleiner Perkins Caufield & Byers, with participation from New Enterprise Associates (NEA), OPOWER’s largest investor.  The investment will support OPOWER’s rapid [...]

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 [...]

Boeing has started mass production of its Newest Terrestrial Solar Cell

Press release states, “The Boeing Company [NYSE: BA] today announced that Spectrolab, a wholly owned subsidiary, has started mass production of its newest terrestrial solar cell, the C3MJ+. With an average conversion efficiency of 39.2 percent, C3MJ+ will be the industry’s highest-efficiency cell. The concentrator photovoltaic (CPV) cells — used for renewable energy — draw [...]

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. [...]

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