Green

On the GreenBeat: Solar and wind stocks jump, cleantech funding rose in 2010

Here’s what’s happening today on the GreenBeat:

Wind and solar stocks jump in wake of Japanese nuclear crisis. Shares of
clean energy equipment makers are rising as much as 27 percent for the second day in a row. Analysts speculate that the meltdown in Japan has permanently changed the value of nuclear for the worse.

Investments in US cleantech companies rose 46 percent to $5.1 billion in 2010. Research firm Clean Edge also said that cleantech investments made up 23 percent of all venture capital investments last year.

Veolia announces partnerships with startups. The environmental engineering company made the announcement at Cleantech Forum San Francisco. Among the partners: eco-friendly fertilizer company Ostera, software firm CoSMo, and design and marketing company Envolure.

Solar plant company BrightSource Energy raises its fundraising goal from $100 million to $125 million. The company has already brought in about $122.5 million in equity and options. The money from this round will be used for projects in the American southwest.