News

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

Date Headline Source Description
11/04 Ford Invests $135 Million, Adds 220 Electric-Car Jobs Bloomberg BusinessWeek Ford Motor Co., working to make a quarter of its vehicles run at least partly on electricity, plans to invest $135 million and add 220 jobs at three Michigan facilities to help it introduce five such models by 2012.
11/04 Intamac Gets $5.9 Million for Energy Monitoring and Management Technology Clean Edge News Intamac Systems Limited, a developer of internet accessed monitoring and control services, recently announced it has received a GBP 4 million ($5.9 million) investment from a syndicate of London based investors including Carbon Trust Investments, Chandos Capital Ventures and Seraphim Capital.
11/04 Report Outlines Strategy for UK to Become Carbon Neutral by 2030 Recharge ZeroCarbonBritain2030, which received input from 13 universities, 12 research bodies and eight private companies, aims to show how the \"right mix\" of power from renewable energy sources can be harnessed to meet the country
11/04 Clean Edge Stock Indexes Experience Solid Week of Gains Clean Edge News Clean Edge and NASDAQ\'s three benchmark clean-tech stock indexes experienced solid gains last week with the NASDAQ Clean Edge Green Energy Index (CELS) up 6.58 percent, the NASDAQ OMX Clean Edge Global Wind Energy Index (QWND) up 3.49 percent, and the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (QGRD) 3.81 percent higher from the previous week.
11/04 NRG Solar Acquires US Solar\'s Portfolio of Solar Development Projects Clean Edge News NRG Energy, Inc., through its wholly ownedsubsidiary, NRG Solar, has entered into a definitive agreement with US Solar, an affiliate of ArclightCapital Partners LLC, to acquire a portfolio of solar development projects on nine sites in Californiaand Arizona.
11/04 Solyndra Will Not Move Forward with IPO RenewableEnergyWorld.com Solyndra late last week submitted a request with the Securities and Exchange Commission to withdraw its Registration Statement on Form S-1, which was originally filed with the Securities and Exchange Commission on December 18, 2009.
11/04 An Energy-Saving Air Conditioner - NREL Invents 90% More Efficient AC MIT Technology Review Keeping air cool in homes and offices this summer will be expensive--about 5 percent of the energy used in the United States each year goes to running air conditioners. But researchers at the U.S. National Renewable Energy Laboratory (NREL) in Golden, CO, have come up with a new air-conditioner design that they say will dramatically increase efficiency and eliminate gases that contribute to global warming.
11/04 PG&E and SunRun Create $100 Million Home Solar Financing Fund Clean Edge News Pacific Energy Capital II, LLC, a non-utility subsidiary of PG&E Corporation, and SunRun Inc., a provider of home solar financing, recently announced a $100 million tax equity project financing agreement to fund SunRun\'s installation of more than 3,500 new home solar installations across the nation.
11/04 California Considers Mandating Energy Storage Grist The California Assembly has passed legislation [PDF] that takes the first step to requiring that a percentage of electricity generated in the state be stored.
11/04 Toshiba to Produce Electric Motors at Houston Facility Clean Edge News Toshiba Corporation recently announced that it will expand manufacturing capacity at its plant in Houston, Texas for production of high-performance drive motors for hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs).
11/04 Recurve Locks in $8 Million to Make Your Home Energy Tight VentureBeat Recurve, a startup that helps homeowners identify and execute tasks that can make their homes more energy-efficient and thereby slash their monthly electricity bills, has brought in $8 million in a second round of capital. Notably, about $4 million came from major hardware store chain Lowe\'s.
11/04 USDA Releases Biofuels Roadmap, 36 Billion Gallons by 2022 Clean Edge News Agriculture Secretary Tom Vilsack recently released a report outlining both the current state of renewable transportation fuels efforts in America and a plan to develop regional strategies to increase the production, marketing and distribution of biofuels.
11/04 Boston-Power Gets $60 Million for Next Generation Lithium-Ion Battery Tech Clean Edge News Boston-Power, Inc., a provider of next-generation Lithium-ion batteries, recently announced $60 million in Series E funding co-led by existing investors Foundation Asset Management (FAM) and Oak Investment Partners. Current investors Venrock and Gabriel Venture Partners are also participating. Boston-Power has attracted $185 million in investment since being founded in 2005.
11/04 SunPower Sets Solar Cell Efficiency Record at 24.2% RenewableEnergyWorld.com SunPower Corp. has produced a full-scale solar cell with a sunlight to electricity conversion efficiency of 24.2 percent at its manufacturing plant in the Philippines. This is a new world record for large area silicon wafers, and has been confirmed by the U.S. Department of Energy\'s National Renewable Energy Lab (NREL).
11/04 Taiwan Semiconductor Invests $50 Million, Takes 21 Percent Stake in Thin-Film Developer Stion Clean Edge News Taiwan Semiconductor Manufacturing Company (TSMC) and Stion Corp., a manufacturer of high-efficiency thin-film solar photovoltaic modules, recently announced that the two companies have reached a series of agreements covering technology licensing, supply, and joint development.
11/04 EPA Says Senate Climate Bill Would Cost Less than $1 a Day Sustainable Business The U.S. Environmental Protection Agency yesterday released its cost analysis of the American Power Act, finding that it would cost American families less than a dollar a day to establish the carbon capping measures proposed in the bill.
11/04 DOE Announces $29 Million Funding for Weatherization Job Training Centers Clean Edge News The U.S. Department of Energy recently announced that 34 projects in 27 states have been selected to receive $29 million under the American Recovery and Reinvestment Act to develop and expand weatherization training centers across the country.
11/04 First Solar to Double Germany Manufacturing Plant Capacity Clean Edge News First Solar, Inc. announced its intent to expand its German manufacturing plant in Frankfurt an der Oder, doubling local production capacity and creating several hundred new jobs.
11/04 Home Fuel Cell Maker ClearEdge to Tackle Korea Earth2Tech Bloom Energy may capture the lion\'s share of buzz among fuel cell startups, but ClearEdge Power - working on a $50,000 fuel cell device for producing heat and power - has been generating a fair amount of business.
11/04 Virent, With Backing From Shell and Cargill, Gets $46.4 Million for Biogasoline Technology Clean Edge News Virent Energy Systems, Inc. recently announced it has closed a$46.4 million third round of funding in which Shell and Cargill deepened their commitmentto Virent\'s technology platform.
11/04 NY Solar Bill Would Create 22,000 Jobs, $20 Billion Economic Output: Report Clean Edge News A landmark solar power bill pending in the New York State legislature would create thousands of green jobs and billions of dollars in economic output for the state, according to a recent report released by Vote Solar, a national grassroots solar advocacy group.
11/04 Bill Gates, John Doerr: We Need $16B Per Year for Energy Innovation Earth2Tech Americans spend more on potato chips every year than energy investment, said Kleiner Perkins venture capitalist John Doerr at an event on Wednesday morning for the newly created American Energy Innovation Council.
11/04 Murkowski Resolution Goes Down to Defeat in Stupid Episode That Means Nothing Grist The Murkowski \"Resolution of Disapproval\" to overturn the EPA\'s endangerment finding on carbon pollution was defeated in the Senate today by a vote of 53-47.
11/04 U.S. Geothermal to get $102 Million DOE Loan Guarantee for 22 MW Oregon Plant Clean Edge News U.S. Geothermal, a renewable energy development company focused on theproduction and sale of electricity from geothermal energy, recently was offered aconditional commitment for a $102.2-million loan guarantee from the U.S. Department ofEnergy (DOE) to construct a planned 22-megawatt-net power plant at Neal HotSprings in Eastern Oregon.
11/04 Clean Edge Stock Indexes Experience Mild Movement Last Week Clean Edge News Clean Edge and NASDAQ\'s three benchmark clean-tech stock indexes experienced mild movement last week with the NASDAQ Clean Edge Green Energy Index (CELS) up 1.20 percent, the NASDAQ OMX Clean Edge Global Wind Energy Index (QWND) losing 1.03 percent, and the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (QGRD) 1.74 percent higher from the previous week.
11/04 Tesla Sets IPO Terms, Now Expects to Raise $185M Earth2Tech Electric vehicle startup Tesla Motors has set the terms of its long-awaited IPO and is looking to raise substantially more than it previously estimated.
11/04 AES Expands Wind Development Pipeline in Poland Clean Edge News The AES Corporation recently announced that its wind business has signed an agreement with Jan Reichert, a Polish wind developer, to acquire its development pipeline of 353 MW.
11/04 Nevada Geothermal Power to get $98.5 Million Loan with DOE Acting as Loan Guarantor Clean Edge News Nevada Geothermal Power (NGP) recently announced that it has received a conditional commitment from John Hancock Financial Services as lead lender for a $98.5 million loan and an offer for a conditional commitment from the U.S. Department of Energy (DOE) as loan guarantor for up to 80 percent of the loan amount.
11/04 Clean Edge Stock Indexes Lose Ground Clean Edge News Each of Clean Edge and NASDAQ\'s three benchmark clean-tech stock indexes fell last week with the NASDAQ Clean Edge Green Energy Index (CELS) down 3.95 percent, the NASDAQ OMX Clean Edge Global Wind Energy Index (QWND) down 3.37 percent, and the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index (QGRD) 3.44 percent lower from the previous week.
11/04 Itron Chosen by Iberdrola for Spain Smart Meter Deployment Clean Edge News Itron, a developer of smart metering and smart grid solutions, recently announced that it has been selected by Spain-based Iberdrola, one of the world\'s largest electricity utilities, for the first phase of its smart metering program.

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