A123 and Imperium exemplify the boom and bust of cleantech
There’s a bad moon on the rise for Imperium Renewables. The biodiesel maker has lost a major contract that was one of the lynchpins holding the company together, according to the Seattle PI’s John Cook, who has been chronicling the company’s rise and fall.
Imperium, as… Continue Reading
Roundup: Supreme Court’s new patent ruling, gas prices at record, multiple services give up the ghost, and more
Supreme Court gives supply chains protection from patents — In a notable ruling today, the Supreme Court has ruled that patent holders can’t demand royalties from supply chain customers who bought products from license-holders further up the chain. The decision should help reduce “patent exhaustion” in… Continue Reading
Cleantech roundup: Martin Tobias out at Imperium, solar’s grand future, and more
If, like us, you took some time off during the past week, you’ve missed a few cleantech news items. To help out, we’ve assembled a quick catch-me-up on a few interesting or significant stories:
1) Martin Tobias out at Imperium Renewables
2) The grand plan for solar… Continue Reading
Biodiesel maker, Imperium Renewables, files for IPO amid growing losses
Imperium Renewables, a biodiesel maker in Seattle, Wa, filed for an initial public offering to raise up to $345 million, the latest sign of heat in the green technology industry.
This was expected. See the filing here.
Note that the company had an operating loss of… Continue Reading
Green, the new boom
The excitement among green technology investors continues in the wake of the Supreme Court ruling earlier this month on climate change, and Rob Day has a good summary of the latest chatter.
“People are comparing it to the Internet boom of 1999,” said one green entrepreneur… Continue Reading
Whopping $113M round for biodiesel company, Imperium
Biodiesel company Imperium Renewables, of Seattle, said it has raised $113 million in equity financing and is wrapping up a $101 million line of credit, continuing the massive injection of capital into the alternative fuel sector.
The financing of Imperium, run by former Microsoft executive and… Continue Reading