News

Clean Edge covers the latest announcements, activities, and developments in clean energy.

Date Headline Source Description
11/04 Tesla Completes $40 Million Bridge Financing Clean Edge News Tesla Motors, a manufacturer of high-performance production electric cars, recently completed $40 million in bridge financing. The round was co-led by Valor Equity Partners and Elon Musk, entrepreneur and Chairman of Tesla Motors.
11/04 Pythagoras Solar Raises $10 Million Series A for Photovoltaics Clean Edge News Pythagoras Solar Inc., a solar energy company developing innovative photovoltaic technology, announced recently the successful completion of a $10 million Series A financing round, led by Israel Cleantech Ventures and joined by Pitango Venture Capital and Evergreen Venture Partners.
11/04 Sandia and Stirling Energy Systems Set Solar-to-Grid Conversion Efficiency Record Clean Edge News On a perfect New Mexico winter day
11/04 SunPower Signs 3GW Polysilicon Supply Contract with Chinese Company Clean Edge News SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, recently announced that it has signed a multi-year polysilicon supply agreement with Jupiter Corp., Ltd., a sales office of Qingdao DTK Industries Co., Ltd., a corporation based in China.
11/04 GE Invests in Electric Vehicle Producer Think and Battery Manufacturer A123Systems to Commercialize Electric Car Clean Edge News GE recently announced it is ramping up its efforts to enable global electrification of transportation by investing in Norwegian electric car manufacturer Think, which unveiled a five-seat crossover concept car in Geneva.
11/04 Climos Raises $3.5 Million Series A Funding for Ocean Iron Fertilization New Energy Finance Climos, a US startup focused on iron fertilization of the oceans to sequester CO2, announced the close of a USD 3.5m Series A round of financing led by Braemar Energy Ventures.
11/04 US Requires Trains, Ships To Cut Engine Pollution PlanetArk.com The US Environmental Protection Agency on Friday issued tough standards to significantly cut polluting emissions spewed from new diesel engines that will power trains and ships.
11/04 Danish Fund to Raise EUR 375m to Invest in European Wind and Solar Projects New Energy Finance Eric Seem, a former banker at HSH Nordbank, is spearheading a Copenhagen-based fund that aims raise EUR 375m (USD 565m) from institutions to invest in renewable energy projects.
11/04 ZAP Now Offering Plug-in Hybrid Conversion Systems for Toyota Prius and Ford Escape Clean Edge News Electric car pioneer ZAP is now offering plug-in hybrid conversion systems for the Toyota Prius and Ford Escape Hybrid through a collaboration agreement with Hybrids Plus.
11/04 USDA and DOE to Invest $18 Million in Biomass Projects Clean Edge News U.S. Department of Agriculture (USDA) Secretary Ed Schafer and U.S. Department of Energy (DOE) Secretary Samuel Bodman recently announced that combined, USDA and DOE will invest up to $18.4 million, over three years, for 21 biomass research and development (R&D), and demonstration projects.
11/04 Mitsubishi Claims it Set New Solar PV Efficiency Rate Clean Edge News Mitsubishi Electric Corporation said it set a new world record with a photoelectric conversion efficiency rate of 18.6 percent in a 150-millimeter square practical use multi-crystalline silicon solar cell, an improvement of 0.6 percent over the company\'s previous record.
11/04 US BioEnergy Begins Production at 110 MMGY Ethanol Plant in South Dakota Clean Edge News US BioEnergy Corporation, a leading ethanol producer in the United States, announced today that US Bio Marion, its Marion, S.D. ethanol plant, began production in February. The company acquired the 110 million gallon per year (mmgy) ethanol plant while under construction in August 2007.
11/04 Concentrix Secures Second Financing Round for Concentrating PV Clean Edge News Concentrix Solar GmbH, a producer of concentrator photovoltaics, has completed its second financing round. In addition to Good Energies, a leading investor in renewable energy and energy efficiency, the Spanish company Abengoa Solar, as one of the worldwide leaders in the development and construction of solar power plants participated in the new financing round.
11/04 US Liberty and Vista International to Develop Waste-to-Liquid Fuels Project in New York City Clean Edge News Vista International, Inc. recently signed a letter of intent with US. Liberty Ashes, Inc, a commercial waste hauler located in Elmont, New York, for the construction of a waste-to-liquid fuel project in the New York City metropolitan area which would deploy VVIT\'s gasification technology.
11/04 Energiekontor Seals 90MW Repower Offshore Turbine Deal New Energy Finance Repower will supply Energiekontor with 18 of its 5MW offshore wind turbines for the Nordergrunde project off the coast of Germany.
11/04 Boeing Successfully Flies Fuel Cell-Powered Airplane Clean Edge News Boeing recently announced that it has, for the first time in aviation history, flown a manned airplane powered by hydrogen fuel cells.
11/04 New Jersey Utility to Offer $105 Million in Solar Loans Clean Edge News Public Service Electric and Gas Company (PSE&G) recently received approval from state regulators to begin offering $105 million in loans to help finance the installation of solar systems on homes, businesses and municipal buildings throughout its electric service area.
11/04 BrightSource Lands the Largest Solar Deal Yet VentureBeat.com When we talk about solar power projects, the cost is generally counted in the millions, not billions, of dollars. But a new deal between the California utility PG&E and a solar thermal company heralds the next age of renewable energy, when capital begins to flow in earnest.
11/04 6N Silicon Secures up to $20 Million in Financing Led by Good Energies Clean Edge News 6N Silicon Inc., a supplier of solar grade silicon for the photovoltaic industry, has secured up to USD $20 million in second round financing.
11/04 SMUD and Woodside Homes to Build 1,400 Solar Homes Clean Edge News Nearly 1,500 solar-powered, super energy-efficient SolarSmart homes will be built in the Sacramento area in an agreement between SMUD and homebuilder Woodside Homes.
11/04 Construction Begins on Largest Windfarm in Sweden Clean Edge News Wind energy company RES (Renewable Energy Systems Group) and its subsidiary RES Skandinavien AB, based in Gothenburg, have started construction of Havsnas wind farm. RES has developed and will construct and operate the project. RES will retain 25% ownership alongside HgCapital, who has acquired a 75% stake.
11/04 ReliOn Secures $23 Million Series C Equity Financing for Fuel Cells Clean Edge News ReliOn, a provider of high-reliability fuel cell solutions for backup power applications, announced recently that it has secured an additional U.S. $23 million in equity financing as a result of Series C funding activities.
11/04 Huaneng Plans 1GW Wind Base in Tongliao Area New Energy Finance Huaneng New Energy, a Chinese developer of clean energy, has signed a memorandum of understanding with local authorities to build a 1GW wind base by 2010 in Tongliao, Inner Mongolia.
11/04 Epuron Cooks Plan for 3GW of Wind Projects in Turkey New Energy Finance Epuron, the wind project arm of German solar firm Conergy, has submitted plans to the Turkish authorities for 10 wind parks totalling 3GW of capacity.
11/04 DOE Seeks to Invest up to $60 Million for Advanced Concentrating Solar Power Technologies Clean Edge News U.S. Under Secretary of Energy Clarence Albright recently announced the issuance of the Solar Funding Opportunity Announcement (FOA) for up to $60 million in funding over five years (Fiscal Years 2008-2012), which includes $10 million in FY 2008 appropriations and $10 million in the FY 2009 Budget request, to support the development of low-cost Concentrating Solar Power (CSP) technology.
11/04 Bipartisan Companion for Extension of Renewable Energy Tax Credits Introduced RenewableEnergyWorld.com Congressman Roscoe Bartlett (R-MD) and 34 other members of the U.S. House of Representatives have introduced H.R. 5984, a bipartisan companion to S. 2821, also known as the Clean Energy Tax Stimulus Act of 2008. S. 2821 was introduced by Senators Maria Cantwell (D-WA) and John Ensign (R-NV) and has 43 cosponsors. S. 2821 was included as an amendment to The Foreclosure Prevention Act of 2008 which was approved by a vote of 88-8.
11/04 eSolar Raises $130 Million for Pre-Fabricated Solar Thermal Power Plants Clean Edge News eSolar, a producer of scalable solar thermal power plants, announced that it has closed $130 million in funding from Idealab, Google.org, Oak Investment Partners, and other investors for the construction and deployment of pre-fabricated power plants.
11/04 US Clean-Tech Investments Increase 18% in Q1 2008 Clean Edge News Venture capital investments in cleantech companies continued to show robust growth in the first quarter of 2008, according to an Ernst & Young report based on data from Dow Jones VentureOne.
11/04 Osage Raises $300 Million for Barley-to-Ethanol Plants Clean Edge News Osage Bio Energy has received a commitment of $300 million from First Reserve Corporation, an energy-focused private equity firm, to fund the construction of four next generation bio-refining facilities that will produce ethanol and a specialty protein feed.
11/04 Talent Shortage Poses Threat to Clean Energy Expansion New Energy Finance The world clean energy sector has a high hurdle to jump over in order to continue its fast growth of the last four years - a shortage of experienced senior managers.

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