Mainstream Energy, a local solar installer, gets $40M from Norwegian firm

Renewable Energy Corp., a vertically-integrated solar supplier based in Norway, has put $40 million into San Luis Obispo, Calif.-based Mainstream Energy for a 20 percent stake in the company.

Mainstream supplies and installs solar modules to consumers and businesses, and also negotiates supply agreements with utilities…. Continue Reading

Roundup: Cleantech gets record investments, Google opens enterprise market and more

Roundup: Cleantech gets record investments, Google opens enterprise market and more

Here’s the latest action:

Cleantech investments laugh in the face of recession — Everyone knows the economy is in the dumps, right? (Heck, it even says so in The New York Times.) Well, no one told the VCs putting their money in cleantech. The Cleantech Group… Continue Reading