Concentrating solar firm GreenVolts nabs $30M, working on utility project

Concentrating solar firm GreenVolts nabs $30M, working on utility project

GreenVolts, a San Francisco company taking the approach of focusing large amounts of sunlight onto small, high-efficiency solar cells — called concentrating solar photovoltaic (CPV) — has raised a significant $30 million funding from the giant venture firm Oak Investment Partners.

Other recent solar fundings we’ve… Continue Reading

Roundup: Americans watch 12 billion online videos, Tesla breaks production logjam and more

Roundup: Americans watch 12 billion online videos, Tesla breaks production logjam and more

Here’s the latest action:

Americans watched 12 billion online videos in May — That’s up 45 percent compared to the same period in 2007. While Google’s sites — especially YouTube — remained dominant, accounting for 34.8 percent of videos watched, Fox Interactive Media (owner of MySpace) climbed… Continue Reading

Greenvolts, solar power concentrator, raises cash

Greenvolts, solar power concentrator, raises cash

One problem with solar power farms are the massive expanse of land they require. That’s why a crop of companies developing “concentrator” technologies are getting financial backing lately.

These companies use mirrors and other techniques to concentrate the sun on solar cells, which boosts the conversion… Continue Reading

Alternative energy companies keep coming: Zeachem, Catilin, Range Fuels, Sopogy

Alternative energy companies keep coming: Zeachem, Catilin, Range Fuels, Sopogy

A host of new alternative energy companies have emerged and raised funding.

Here’s a roundup of the latest action, including news at Zeachem, a cellulosic ethanol company; Catilin, a biodiesel company, Range Fuels, another cellulosic company; Sopogy, a solar thermal company; and finally, a note… Continue Reading

Greenvolts raises $250,000 for solar concentration

Greenvolts, a Berkeley start-up that is developing solar concentration technology, has raised $250,000 in seed capital and is now looking to raise its first round of venture capital, it told VentureWire (sub required).

Greenvolts’ apparent leak of its plans to the media is notable because it… Continue Reading