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.
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. It’s an even more novel idea to put some wind-powered generators on top of the shipping containers to have them generate their own electricity.
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 filing with the Securities and Exchange Commission.
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.
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.
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.
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.
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.
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.
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 advanced computer algorithms to efficiently distribute electricity and minimize loss of power.
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 pollution.
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.
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.
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.
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.
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.
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.
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 U.S. Department of Energy said today it will grant up to $130 million to renewable energy projects that can’t find funding from private investors.
California Gov. Jerry Brown signed a new law today requiring power companies to generate 33 percent of all electricity from renewable energy sources like wind and solar power by 2020.
Wind power deployment fell sharply in the United States after ramping up quickly for three straight years. The change puts the U.S. behind China in terms of total wind power sources deployed, according to the American Wind Energy Association.
General Electric has finished acquiring thin-film solar panel maker PrimeStar Solar and will build a 400-megawatt thin-film solar panel manufacturing plant in the U.S., the company announced today.
Investments in clean technology startups rose 13 percent in the first quarter this year in North America, Europe, China and India — to $2.57 billion from $2.28 billion in the first quarter of 2010 across 159 companies — according to a report by Cleantech Group.
China will ramp up its deployment of solar power and cut its power capacity target for nuclear power by 2020 in the wake of the nuclear crisis in Japan, according to the country’s National Development and Reform Commission.
General Electric will acquire Converteam, a company that specializes in technology that converts electricity to mechanical energy and vice versa, for a whopping $3.2 billion to improve its power transmission and management network.
George Bernard Shaw once claimed that England and America were “two countries divided by a common language”. This adage may hold true even when the language is smart grid.
Ireland has been in the news lately for all the wrong reasons, starring in a soap opera of EU intrigue and enforced bank bailouts. Watching my home country’s progress over the past few years has been like the troubled career of singer Amy Winehouse: huge talent and instant riches followed by a rapid and self-inflicted downward spiral cataloged in tabloid headlines.
Here are the stories we’re following today on the GreenBeat: