SDG&E Launches “Green Button” Customer Energy Usage Data Tool

Press release states, “San Diego Gas & Electric (SDG&E) announced the launch of the “Green Button,” a new tool that will provide customers with easy access to their energy usage data. SDG&E customers are now among the first in the nation to be able to download their energy usage data in a simple-to-read format and [...]

Varentec Gets $7.7M in VC Round

Recently, Varentec received US$ 7.7 million from investors led by Khosla Ventures. Varentec is a Menlo Park based startup working on the concept of utilities giving digital control over power grids.  In October 2011, Varentec received US$ 5 million from an ARPA-E Grant for the GENI program, together with a group of partners that include [...]

First Solar Sets Another World Record for CdTe Solar PV Efficiency

According to the press release, “First Solar, Inc.  today announced it set a new world record for cadmium-telluride (CdTe) photovoltaic (PV) solar module efficiency, achieving 14.4 percent total area efficiency. The U.S. Department of Energy’s National Renewable Energy Lab (NREL) confirmed the record, which eclipsed the prior record of 13.4 percent, which also was set [...]

Senate Passes Udall-Schumer ‘Buy American’ Solar Amendment for Defense Dept.

According to the press release, ” U.S. Senators Tom Udall (D-N.M.) and Charles E. Schumer (D-N.Y.) today hailed the passage of an amendment they sponsored to close loopholes that put American manufacturers of solar technology at a disadvantage to foreign competitors. The Buy American Solar Amendment, which passed Thursday night as part of the 2012 [...]

Better Place Raises $200 Million Series C Financing

The press release states, “with the launch of the first nationwide electric car networksin Israel and Denmark just months away, Better Place today announced that it has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25 billion (post money valuation [...]

Polaris Announces Investment in Brammo

The press release states, “Polaris Industries Inc. (NYSE: PII) today announced a minority investment in Brammo, an Ashland, Ore.-based maker of electric vehicle technology and two-wheel electric vehicles. By investing in Brammo, Polaris obtains access to their proprietary electric vehicle powertrain technology, as well as exposure to the rapidly growing electric motorcycle market. “We are [...]

Apex and Maersk Partner on Offshore Wind Energy

The press release states, “Apex Offshore Wind, LLC and Maersk Line, Limited today announced that they have established a working relationship to support the development, financing and construction of utility-scale offshore wind energy facilities in North America. Maersk Line, Limited (MLL) is a subsidiary of A.P. Moller-Maersk, a global corporation with a long history of [...]

Evergreen Solar Inc. Files for Bankruptcy

The Massachusetts company, Evergreen Solar Inc. has filed for bankruptcy.  The company received millions in state subsidies such as a $58 million financial aid package from Governor Deval Patrick’s administration.  The company listed US$ 485.6 million in debt.  The firm failed to rework its debt and cut 800 jobs.  Evergreen was devastated by competition from low-cost producers in [...]

Leyden Energy Receives $20 Million in Series B Financing Led by New Enterprise Associates

According to the press release, “Leyden Energy, Inc., a leading manufacturer of advanced lithium-ion (Li-ion) batteries for the consumer electronics, energy storage and electric vehicle (EV) markets, today announced that it has received $20 million in Series B financing led by New Enterprise Associates (NEA), with participation from existing investors Lightspeed Ventures, Sigma Partners and [...]

Semprius Secures $20 Million in Funding for Production of Advanced Solar Modules

According to the press release, “Semprius, Inc., a leading innovator in high concentration photovoltaic (HCPV) solar modules, recently secured $20 million in its first tranche of Series C venture fundraising. Siemens Venture Capital led the investment round and was joined by ARCH Venture Partners, Applied Ventures, Illinois VENTURES, Intersouth Partners, In-Q-Tel and GVC Investment. Semprius [...]

Google allocates $280 Mil in Residential Solar Projects

According to the Google Green Blog (official Google Blog), “Imagine sitting on your patio watching the sun’s rays pass overhead, knowing that they power your home with clean energy—at a cost that’s less that what you would have paid using just the grid. That’s what my colleague, engineer Michael Flaster, has been doing at his [...]

Tesla Motors to Raise More Capital

Founded in 2003, Tesla Motors has announced it is offering an additional 5.3 million shares of common stock. In addition, Tesla Motors CEO Elon Musk and Daimler affiliate Blackstar Invesetco plan to purchase additional company shares in a private placement at the public offering price (PIPE). Part of the funds will go into developing Tesla’s [...]

EnerNOC and Electricity North West Limited Sign Five-Year Demand Response Agreement

The press release states, “EnerNOC, Inc. (NASDAQ: ENOC), the leading provider of demand response applications and services, today announced that it will provide demand response capacity to Electricity North West Limited, a major distribution network operator that delivers power to 2.4 million domestic and industrial customers in the North West of England, including Greater Manchester [...]

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 [...]

Alaska Signs Energy Performance Contract with Ameresco to Increase Energy Efficiency in State Facilities

Press release states, “Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, announced today that it has entered into a Professional Services Agreement for Energy Savings Performance Contracting (ESPC) with the State of Alaska encompassing all State of Alaska and University of Alaska Fairbanks facilities. Under this agreement, Ameresco has been selected by [...]

First of 70 eVgo sm Electric Vehicle Charging Stations in Dallas Ready to Charge

The press release states, “NRG Energy, Inc. (NYSE: NRG) is bringing range confidence to electric vehicle (EV) owners in the Dallas/Fort Worth Metroplex by commencing operations at the first privately funded, eVgo sm (ee-vee-go) Freedom Station in Texas, including the first high-speed direct current (DC) charger in Texas that is among the first in the [...]

SunPods Inc. Announces the First Pre-packaged Solar Arrays Ready for Global Export

According to the press release, “SunPods Inc., a manufacturer of the first complete, factory-built solar array, announced today that the SunPods Solar Energy Export Kit (SEEK™) is now available to all International Partners. The pre-packaged and containerized solar arrays are designed for shipment to any global destination. SunPods International Agents will assemble the SunPods and [...]

Johnson Controls Announces Agreement to Acquire EnergyConnect

The press release states, “Johnson Controls (NYSE: JCI), the global leader in delivering products, services and solutions that increase energy efficiency in buildings, and EnergyConnect Group, Inc. (OTC Bulletin Board: ECNG), a leading provider of smart grid demand response services and technologies, today announced the signing of a merger agreement under which Johnson Controls would [...]

US DOE Offers Conditional Commitment for a Loan Guarantee to Support Maine Wind Project

According to the press release, “U.S. Energy Secretary Steven Chu today announced the offer of a conditional commitment to Record Hill Wind LLC for a $102 million loan guarantee. The loan guarantee will support the Record Hill wind project, which includes a 50.6 megawatt wind power plant and an eight mile transmission line and associated [...]

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 [...]

USABC Awards $15.6 Mil in Advanced Battery Tech Contracts to 3 Firms

The press release states, “The United States Advanced Battery Consortium LLC (USABC), an advanced research collaboration among Chrysler Group LLC, Ford Motor Company and General Motors Company, today announced approximately $15.6 million in advanced battery development and technology assessment contracts to three firms. The competitively bid contract awards are co-funded by the U.S. Department of [...]

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 [...]

First Solar, Southern California Edison Sign Contract for 250 MW of Solar PV Power

The press release states, “Southern California Edison (SCE) has signed a power purchase agreement with First Solar for 250 megawatts AC of electricity to be generated with solar photovoltaic panels. This emission-free power source is the equivalent, in greenhouse gas terms, of removing 30,000 cars from the road annually. The solar panels will be ground-mounted [...]

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 [...]

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