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tag: Solar

On the GreenBeat: Coda wants to sell 50,000 electric cars by 2015, Powerit raises $5M

On the GreenBeat: Coda wants to sell 50,000 electric cars by 2015, Powerit raises $5M

March 2, 2011 11:49 AM Iris Kuo

Here’s the latest action we’re following today on the GreenBeat:

Coda aims to sell 50,000 electric cars by 2015 — The clean-wheeling startup recently hired a new chief executive and former GM executive Phil Murtaugh, who told reporters of its …

How solar and oil can coexist in Saudi Arabia

How solar and oil can coexist in Saudi Arabia

March 2, 2011 10:10 AM Iris Kuo

Oil-rich Saudi Arabia wants to become an exporter of solar.

Yup, that’s right. The country’s oil minister confirmed Saudi Arabia’s solar ambitions last year and said the country has the potential to export power, not just oil. So far it …

On the GreenBeat: Warren Buffet, wind king? 1366 raises $28M; Soliant suspends operations

On the GreenBeat: Warren Buffet, wind king? 1366 raises $28M; Soliant suspends operations

March 1, 2011 1:54 PM Iris Kuo

Here’s the latest action we’re following today on the GreenBeat:

1366 raises $28.4 million for cheaper wafers – Silicon wafer startup 1366 has raised $28.4 million in capital from investors that include GE Energy Financial Services, VantagePoint Venture Partners and …

On the GreenBeat: Solyndra raises $75M credit facility, Reno's wind experiment

On the GreenBeat: Solyndra raises $75M credit facility, Reno's wind experiment

February 28, 2011 12:53 PM Iris Kuo

Here’s the latest action we’re following on the GreenBeat today:

Solyndra raises $75 million in credit facility – The solar manufacturer’s latest round of financing to shore up its capital needs come in the form of a secured credit facility …

More investors for renewables: BlackRock and NTR team up

More investors for renewables: BlackRock and NTR team up

February 28, 2011 9:21 AM Iris Kuo

Good news for green entrepreneurs: There’s a handful of new investment funds forming that have their eye on cleantech investing.

Today, investment firm BlackRock and European renewables company NTR said they would team up to launch a new renewable power …

On the GreenBeat: Geothermal wins $96.8M loan guarantee, ethanol could suffer in national budget cuts

On the GreenBeat: Geothermal wins $96.8M loan guarantee, ethanol could suffer in national budget cuts

February 25, 2011 12:02 PM Iris Kuo

Here’s the latest action we’re following today on the GreenBeat:

Oregon geothermal project wins $96.8 million loan guarantee – The Department of Energy has finalized a loan guarantee to a project sponsored by U.S. Geothermal. The funds will go to …

Minus a partner, Accel puts energy in China cleantech

Minus a partner, Accel puts energy in China cleantech

February 24, 2011 1:23 PM Iris Kuo

Updated

Accel Partners is planning to raise $2 billion in new funds and invest more broadly into energy opportunities in China, VentureBeat has learned, even as Peter Wagner, the man who led its cleantech efforts, is leaving the company.

The …

Solyndra and government support for cleantech under fire

Solyndra and government support for cleantech under fire

February 22, 2011 1:05 PM Iris Kuo

As public and political eyes turn to the federal budget and cost-cutting, Silicon Valley startups backed by Department of Energy loan guarantees and grants are coming under scrutiny.

Solar cell company Solyndra is at the front of this. There’s a …

MiaSole reportedly raises $125M for solar, IPO question hangs

MiaSole reportedly raises $125M for solar, IPO question hangs

February 18, 2011 11:55 AM Iris Kuo

Thin-film solar panel maker MiaSole has reportedly raised $125 million in sixth round of equity financing.

The round values the company at less than half it was in 2008, dropping from a $1.2 billion pre-money valuation in 2008 to a …

SoloPower wins $197 million loan guarantee for solar panel factory

SoloPower wins $197 million loan guarantee for solar panel factory

February 17, 2011 3:18 PM Iris Kuo

Updated

The Department of Energy has granted a $197 million loan guarantee to SoloPower for the building of a thin-film solar panel manufacturing facility in Wilsonville, Ore.

This marks a big win for SoloPower, which is coming off several weeks …

On the GreenBeat: Abengoa to build bioethanol plant; Solar demand stronger than expected this quarter

On the GreenBeat: Abengoa to build bioethanol plant; Solar demand stronger than expected this quarter

February 17, 2011 12:46 PM Iris Kuo

Here’s the latest action we’re following today on the GreenBeat:

Abengoa to build biofuels plant in Kansas — Spanish multinational corporation Abegnoa said today it will build a 26.4 million-gallon capacity bioethanol plant in Hugoton, Kansas.  It is the largest …

SolarCity makes another buy, outlines expansion plans

SolarCity makes another buy, outlines expansion plans

February 17, 2011 8:17 AM Iris Kuo

SolarCity has expanded again.

For the second time this year, the residential solar company has made an acquisition to expand its business on the East Coast. The company said today it purchased the residential solar installation division of GroSolar to …

On the GreenBeat: Tessera sells Imperial Valley Solar project, Tesla posts fourth-quarter losses

On the GreenBeat: Tessera sells Imperial Valley Solar project, Tesla posts fourth-quarter losses

February 16, 2011 1:46 PM Iris Kuo

Here’s the latest action we’re following today on the GreenBeat:

Tesla posts losses for fourth quarter — Electric car company Tesla released its fourth-quarter and 2010 earnings yesterday and said it would be looking to raise another $150 million to …

Drawing a line: DOE offers $343M loan guarantee for Nevada transmission project

Drawing a line: DOE offers $343M loan guarantee for Nevada transmission project

February 15, 2011 1:59 PM Iris Kuo

The Department of Energy has finalized a $343 million loan guarantee to develop a 500-kilovolt transmission line in northern Nevada that will connect the state with renewable energy sources.

Transmission lines and infrastructure that enable renewable energies to get to …

On the GreenBeat: Solar and wind prices drop, Solar Junction hits efficiency milestone

On the GreenBeat: Solar and wind prices drop, Solar Junction hits efficiency milestone

February 15, 2011 1:08 PM Iris Kuo

Here’s the latest news we’re following today on the GreenBeat:

Solar and wind prices have dropped — Increased manufacturing in China and the financial crisis has led to over-capacity and pushed prices down over the last three years, according to …

BrightSource raises $89M out of planned $100M for solar thermal

BrightSource raises $89M out of planned $100M for solar thermal

February 14, 2011 3:04 PM Iris Kuo

Solar thermal company BrightSource Energy has raised $89.5 million out of a planned $100 million round, according to an SEC filing.

Last summer, the company set out to raise $215 million and closed on $176 million of it as of …

LED company files for $150 million public offering – is this the year for cleantech IPOs?

LED company files for $150 million public offering – is this the year for cleantech IPOs?

February 11, 2011 10:02 AM Iris Kuo

Florida-based LED maker Lighting Science Group (LSG) announced today it has filed for a $150 million IPO.

The news follows this week’s successful IPO of Gevo, a biofuels and biochemicals company (that has never turned a profit) that raised $107 …

On the GreenBeat: MiaSolé snared in patent suit, Nissan to show off electric sports car

On the GreenBeat: MiaSolé snared in patent suit, Nissan to show off electric sports car

February 10, 2011 12:07 PM Iris Kuo

Here’s the latest action we’re following on the GreenBeat:

MiaSolé accused of patent infringement — The solar startup has been served a patent infringement lawsuit by solar technology company Solannex. The suit alleges that MiaSolé lifted aspects of Solannex’s patented …

On the GreenBeat: Electric car charger Coulomb gets new CEO, Gevo's biofuels shares rise

On the GreenBeat: Electric car charger Coulomb gets new CEO, Gevo's biofuels shares rise

February 9, 2011 12:29 PM Iris Kuo

Here’s the latest action we’re following on the GreenBeat:

Gevo shares rise after $107 million biofuels IPO
— Gevo’s shares have climbed about 13 percent today to $16.94 at the time of this posting, up from its initial offering price …

On the GreenBeat: Bridgelux raises $21 million, Nissan says it'll deliver Leafs by summer

On the GreenBeat: Bridgelux raises $21 million, Nissan says it'll deliver Leafs by summer

February 8, 2011 12:52 PM Iris Kuo

Here’s the latest action we’re following today on the GreenBeat:

Bridgelux raises $21 million — According to an SEC filing, the LED company has raised $20.7 million of a $21 million fundraising goal. The company recently announced a new line …

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