Clean-tech startup LightSail pulls in $37.3M from Bill Gates, Peter Thiel
LightSail has earned some heavyweight support from both venture capital firms and angel investors, including Microsoft co-founder Bill Gates.
LightSail has earned some heavyweight support from both venture capital firms and angel investors, including Microsoft co-founder Bill Gates.
The U.S. Department of Energy today awarded a $102 million conditional loan guarantee to Record Hill Wind to build a 50.6-megawatt wind power farm in Maine.
Record Hill Wind will also build an eight-mile transmission line between the farm and …
A few years ago, creating a “data center in a box” was a novel idea. Essentially it meant loading up a big shipping container with servers, which you could then deploy just about anywhere you could get power into it. …
Aquion Energy, a maker of sodium-ion batteries that can store large amounts of electricity, has raised $20 million of a roughly $30 million round that includes Kleiner Perkins Caufield & Byers and Foundation Capital as investors, according to a regulatory …
Only around a quarter of the new electricity capacity introduced in 2010 came from wind power, down from 42 percent in 2009, according to a report from the U.S. Department of Energy.
The average cost of installing new wind power …
Investments in clean technology projects fell 10 percent in the second quarter this year to $1.83 billion when compared to $2.03 billion in the second quarter of 2010, according to research firm Cleantech Group.
Kleiner Perkins Caufield & Byers led …
Glori Energy, which specializes in extracting additional oil from existing oil wells, announced today that it has secured funding from Energy Technology Ventures. The terms of the funding were not disclosed.
Typical wells extract oil by flooding the well with …
Aggressive spending and expansion in clean technology would generate 1.1 million new jobs by 2030 and reduce U.S. greenhouse gas emissions by 13 percent, according to a new report by Google. If the U.S. employs more federal mandates and provides …
French President Nicolas Sarkozy (pictured right) announced today that the country will pledge €1 billion ($1.4 billion USD) to nuclear power research and development.
France will also commit €1.3 billion to renewable energy projects. Sarkozy said that the moratorium on …
Google is still bullish on wind energy. The company said today that it’s invested an additional $102 million in the Alta Wind Energy Center, bringing its total investment in the wind power farm to $157 million.
Google previously invested in …
The U.S. Department of Energy said Tuesday it has granted a $136 million conditional loan guarantee to Granite Reliable Power for a 99-megawatt wind farm project in New Hampshire.
The wind farm will be located in northern New Hampshire, a …
Primus Power announced today that it has raised $11 million in its latest round of funding to finance its battery technology, which store energy and provide backup power for large power grids and “smart grids” — power grids that use …
Another day, another batch of complaints about wind power turbines. This time, residents of the small island of Vinalhaven, Maine, are arguing that the owners of three wind turbines violated state noise ordinances and are creating a lot of noise …
Google has invested $55 million in a wind energy farm in southern California that will generate up to 1,550 megawatts of power — bringing the search giant’s total investments in clean energy up to $400 million.
The farm is located …
Connecticut regulators struck down plans to install the state’s first wind power farm that would produce 3.2 megawatts of power after a group of residents complained that the turbines would bring down property values.
This is a familiar argument for …
Wind, solar and four other forms of renewable resources have the potential to outstrip energy demand by 2020 and replace fossil fuels as a power source, according to a new report by the United Nations.
The report is called the …
Investors were still pouring money into solar power ventures in April — with about 45 percent the $330 million invested in clean technology ventures pointed toward solar power startups.
Wind power ventures were still able to attract nearly $45 million, …
General Electric saw a drop in demand for its wind power turbines to around half of its 2009 sales levels as power companies turned to natural gas for cheaper alternative energy forms, the company said on a conference call.
GE …
So much for the not-in-my-backyard argument: California homes with solar panels installed on them sell for more than their panel-free counterparts, according to a study by the University of California at Berkeley.
The study found that homes with solar panels …
Google will purchase an extra 100.8 megawatts of wind power from NextEra to power its data centers as part of a huge green push the company has made in the past month.
The wind farm should be completed later this …