News

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

Date Headline Source Description
11/04 U.S. Solar Firms\' Co-Dependency With China Forbes Ascent Solar Technologies is the latest to join other U.S. companies with a growing symbiotic relationship with China.
11/04 ClearEdge Power Announces $73.5 Million Series E Financing Clean Edge News ClearEdge Power, a manufacturer of stationary fuel cells, announced that it has raised $73.5 million in Series E financing through the sale of new shares and the conversion of previously issued promissory notes.
11/04 Japan Spurs Solar, Wind Energy With Subsidies, in Shift From Nuclear Power Bloomberg Japan approved a bill to subsidize electricity from renewable sources, joining European nations in shifting away from nuclear power after the Fukushima reactor meltdowns in March.
11/04 USDA Guarantees $75 Million Loan to Florida Biofuels Facility Clean Edge News Agriculture Secretary Tom Vilsack announced that the U.S. Department of Agriculture\'s Rural Development recently issued a $75 million loan guarantee to support construction of a waste-to-energy bioprocessing facility in Vero Beach, Fla., that will produce up to 8 million gallons per year of cellulosic ethanol and create an estimated 380 new jobs.
11/04 Mitsui, Toshiba Join Forces to Build 50 MW PV Plant in Japan PV-Tech Mitsui and Toshiba are joining forces to build Japan's largest PV system, according to financial newspaper Nikkei.
11/04 8minutenergy and Gestamp Solar Sign Agreements With Imperial Irrigation District for 355 MW of Solar PV Clean Edge News 8minutenergy Renewables - which holds the second largest solar PV portfolio in California and in the United States - and its partner Gestamp Solar, a top five global solar developer, announced that they have signed a Generation Interconnection Agreement (GIA), with the Imperial Irrigation District (IID) for 355 Megawatts of utility-scale solar PV power.
11/04 USDA Awards More Than 900 Grants for Renewable, Energy Efficient Projects Clean Edge News Agriculture Secretary Tom Vilsack announced grants for more than 900 agricultural producers and rural small businesses across the country to implement renewable energy and energy efficiency measures in their operations.
11/04 Abengoa Bioenergy Recieves $133.9 Million Conditional Commitment Loan Guarantee From DOE Clean Edge News U.S. Energy Secretary Steven Chu recently announced the offer of a conditional commitment for a $133.9 million loan guarantee to Abengoa Bioenergy Biomass of Kansas to support the development of a commercial-scale cellulosic ethanol plant.
11/04 Japan\'s Renewable Legislation PM Kan\'s Last Act PV Magazine Democratic Party Prime Minister Naoto Kan has informed his cabinet that he will step down however it appears as if his final act in power will be to see renewable energy legislation signed into law.
11/04 Mission Motors Announces $9 Million Series B Financing Clean Edge News Mission Motors, a developer of electric vehicle technology, recently announced that it had closed on a $9.0 million dollar Series B financing round led by Warburg Pincus, a global private equity firm.
11/04 DOE Finalizes $102 Million Loan Guarantee to Record Hill Wind for Maine Wind Project Clean Edge News U.S. Energy Secretary Steven Chu recently announced the Department of Energy finalized a $102 million loan guarantee to Record Hill Wind.
11/04 SoloPower Receives $197 Million Loan From DOE Clean Edge News SoloPower, a San Jose, California-based manufacturer of thin film solar cells and modules, announced recently that it has received a $197 million loan guarantee from the U.S. Department of Energy\'s (DOE) Loan Programs Office.
11/04 DOE to Invest $50 Million to Advance Domestic Solar Manufacturing Clean Edge News U.S. Energy Secretary Steven Chu announced a $50 million investment over two years for the SUNPATH program, aimed to help the nation reclaim its competitive edge in solar manufacturing. SUNPATH, which stands for Scaling Up Nascent PV At Home, represents the second solar Photovoltaic Manufacturing Initiative (PVMI) supporting the Department of Energy\'s SunShot Initiative.
11/04 NextEra to Spend Up to $5.8 Billion on Wind, Solar Power by 2014 Bloomberg NextEra Energy, the largest U.S. wind-energy producer, plans to spend as much as $5.8 billion in the next three years to build wind and solar projects.
11/04 Solar Millennium, OHL Industrial and RREEF Infrastructure Close Financing for Arenales Project in Spain Clean Edge News Solar Millennium, together with OHL Industrial, a company of the Spanish construction group Obrascon Huarte Lain, S.A. (OHL), sold 49 percent of the project company of the planned 50 MW power plant Arenales to the RREEF Pan-European Infrastructure Fund, L.P., a fund managed by RREEF Infrastructure, a business unit of Deutsche Bank\'s Asset Management division.
11/04 Craton Leads $60 Million Investment in Bridgelux Clean Edge News Craton Equity Partners, a Southern California clean tech private equity fund, recently announced it has led a $60 million round in Series Efinancing for Bridgelux, a developer and manufacturer of LED lightingtechnologies.
11/04 AES Solar Closes 68 Million Euro Project Financing for PV Portfolio in Italy Clean Edge News AES Solar, a joint venture between the AES Corporation and Riverstone Holdings, announced that one of its subsidiaries closed earlier this month on long-term non-recourse financing facilities of 68 million euro, named \"Azimuth\", to finance the construction of a portfolio of solar photovoltaic (PV) projects totaling 18 MW, located in the Lazio, Puglia and Sicily regions of Italy.
11/04 Inter-American Development Bank Offers $70 Million Loan to Barbados for Renewable Energy Clean Edge News The Inter-American Development Bank has approved a $70 million loan to help Barbados reduce its dependence on fossil fuels by diversifying its energy matrix, promoting sustainable energy sources, and supporting power saving efforts.
11/04 Adam Capital Extends $8 Million to Finance 600 Residential Solar Systems Clean Edge News Adam Capital Clean Energy Asset Finance has agreed to extend $8 million to finance solar projects in California, Oregon, Texas, and throughout the NE United States.

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