Iberdrola commits $8B investment to U.S. cleantech sector
Spanish utility and renewable heavyweight Iberdrola has revealed that it will invest a hefty $8 billion in the American cleantech sector over the next 3 years. Though it plans on focusing most of its investment activities in the U.S.’s burgeoning wind sector, it also hopes to gain a foothold in the country’s other clean energy markets.
Iberdrola chairman Ignacio Sanchez Galan said he considers the U.S., with its growing interest in renewable energy and ideally flat… Continue Reading
TechnoSpin raises $8M for small wind turbines
TechnoSpin, a New York-based company creating small wind turbine designs for both consumer and commercial use, has raised $8 million in its first venture funding.
While the company is gearing up to make a turbine for sale mainly in remote and rural areas, it is also working on a gear mechanism that may be useful in applications beyond turbines.
The $8 million funding was led by 21Ventures. The company itself also has facilities in Israel, Eastern Europe… Continue Reading