OwnEnergy catches new funds for wind farms
OwnEnergy, a company that works with landowners to build and manage 10 to 80-megawatt wind farms, added an undisclosed amount to its first round of funding, bringing new investors Clearpoint Ventures and GoGreen Capital into its fold. Following a first chunk of funds received in October, this extension pushes the company closer to the $100 million mark it needs to hit for a 51-megawatt project in north Texas.
Based in New York, the company has also… Continue Reading
CoaLogix fires up clean coal efforts with new $11.5M
CoaLogix, a unique company that specializes in filtering out harmful agents from coal-fired plant emissions, has secured $11.5 million to deploy its technology for more electric utilities. Offering a combination of chemical processes and equipment, the Acorn Energy subsidiary says it can substantially reduce environmental footprints for plants that might otherwise continue to pump harmful fumes into the atmosphere.
For example, its two lead products/processes right now work to remove heavy metals and nitrogen oxides from… Continue Reading
OwnEnergy shoots for $100M to fund wind power
OwnEnergy just brought in an undisclosed amount in first-round funding, but the 1-year-old wind and alternative energy company is already looking ahead to the full $100 million it needs to raise to develop its first project, a 51-megawatt wind farm in north Texas — and to have it up and running by the end of 2009.
It’s unclear how close the Brooklyn-based company is to this goal, and I haven’t been able to reach OwnEnergy executives… Continue Reading