News

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

Date Headline Source Description
11/04 LG Opens 120 MW Crystalline Manufactuting Plant in South Korea Clean Edge News LG Electronics (LG) recently announced the launch of a new business initiative with the unveiling of a solar cell production line in Gumi, about 200 kilometers southeast of Seoul.
11/04 Another Greentech IPO Registration: Codexis and Biofuels Greentech Media Today sees another Greentech IPO registration filing, this time from Codexis, a provider of biocatalysts. We\'ll report on the S-1 in detail shortly but a quick take shows the company losing money on $58 million in revenue in the first nine months of 2009.
11/04 Motech to purchase GE Energy\'s Delaware Solar Module Assembly Operation Clean Edge News Taiwanese solar manufacturer Motech Industries Inc. has signed an agreement to acquire GE Energy\'s Delaware solar module assembly operation.
11/04 Innovalight Raises $18 Million for Silicon Ink-Based Printed Solar Cells Clean Edge News Innovalight, Inc., a privately-held firm selling silicon ink-based high efficiency solar cell materials and technology, recently announced that the company has raised $18 million in additional capital.
11/04 HaloSource Gets $10 Million for Water Purification Technology Clean Edge News HaloSource, a clean water technology company, has raised $10 million from new investors to support the further commercialization of its HaloPure water purification business.
11/04 UK Announces Major Offshore Wind Property Rights Clean Edge News The Crown Estate, a property portfolio of the UK government, recently announced the successful bidders for each of the nine Round 3 offshore wind zones within UK waters.
11/04 PC Energy Management Startup Verdiem Raises Close to $5M Earth2Tech A weak economy is a solid time to sell a product that can save companies 30-60 percent on their energy bills. Computer energy software maker Verdiem, which passed the 1 million mark back in August for the number of government and business PCs that are running its software, has raised $4.71 million of a $5.93 million round from investors including Kleiner Perkins and Catamount Ventures, according to a filing with the SEC.
11/04 AMSC, Dongfang to Develop 5 MW Wind Turbine Clean Edge News American Superconductor Corporation, a global power technologies company, announced today that its wholly-owned AMSC Windtecsubsidiary has signed a follow-on contract with Dongfang Turbine Co. Ltd. todesign and jointly develop 5 megawatt (MW) full conversion wind turbines for the offshore windpower market.
11/04 $2.3 Billion for U.S. Clean Energy Manufacturing Clean Edge News President Obama recently announced awardees of the clean energy manufacturing tax credit in the American Recovery and Reinvestment Act.
11/04 eSolar to Develop 2 GW of Solar Thermal in China Clean Edge News eSolar, a provider of concentrating solar power (CSP) plants, and Penglai Electric, a privately-owned Chinese electrical power equipment manufacturer, recently announced a master licensing agreement to build at least 2 gigawatts (GW) of solar thermal power plants in China over the next 10 years.
11/04 GE to Supply 88 Turbines for Chinese Wind Farms Clean Edge News GE announced recently that it has signed contracts to supply 88 wind turbines to HECIC New Energy Co., Ltd, a Chinese wind energy developer, for three new projects in Hebei and Shanxi Provinces.
11/04 Biobutanol Developer Cobalt Technologies Opens California Facility Clean Edge News Cobalt Technologies, a company hoping to commercialize biobutanol as a renewable fuel and chemical, has formally launched its first facility in California.
11/04 Sanyo Unveils Two-Sided Solar PV Panels in Canada Clean Edge News Sanyo Canada Inc. and AVACOS Solar Energy, a Canadian solar photovoltaic installation and project integration company, are demonstrating the first Canadian photovoltaic system combining Sanyo\'s HIT (Heterojunction with Intrinsic Thin-layer) Double bifacial solar PV modules and DuROCK Tio-Coat reflective roof membrane at DuROCK Alfacing International Ltd.\'s headquarters in Woodbridge.
11/04 Nine Countries Pen Agreement on First European Offshore Wind Grid Clean Edge News Nine European countries including the UK have signed up to develop an offshore wind grid in the North and Irish Seas, with potential to connect some 40GW of wind power.
11/04 China Enacts Law To Promote Renewable Energy Associated Press via TheStreet.com China\'s utilities will be required to buy all the power produced by wind farms and other renewable sources under a new law meant to promote the industry and reduce heavy reliance on coal.
11/04 DOE Announces $60 Million to Support Transmission Planning Clean Edge News Energy Secretary Steven Chu recently announced award selections for $60 million in funding from the American Recovery and Reinvestment Act to support transmission planning for the country\'s three interconnection transmission networks.
11/04 Danotek Motion Gets $13.2 Million for Advanced Wind Turbine Generators Clean Edge News GE Energy Financial Services, CMEA Capital, Khosla Ventures and Energy CapitalManagement will invest a combined $13.2 million in Danotek Motion Technologies, a companythat develops and manufactures advanced generators and components to supply wind energy tothe power grid.
11/04 Brazil\'s Lula signs law cutting CO2 emissions Agence France-Presse via Grist President Luiz Inacio Lula da Silva signed a law Tuesday requiring that Brazil cut greenhouse gas emissions by 39 percent by 2020, meeting a commitment made at the Copenhagen climate talks.
11/04 Suzlon Receives 27 MW Turbine Order from ITC Clean Edge News Suzlon Energy Ltd., the world\'s third largest wind turbine maker, recently signed repeat orders with ITC Limited to set up, operate and maintain two new wind power projects in the states of Karnataka and Maharashtra.
11/04 Silver Spring Raises $100M for Smart Grid War Greentech Media Can $275 million be wrong?That is the question Silver Spring Networks will try to answer. The company, which specializes in networking equipment for connecting utilities to consumers and large industrial users, has raised another $100 million in a preferred equity round.
11/04 Soitec Acquires Concentrated Photovoltaics Developer Concentrix Solar Clean Edge News The Soitec Group, a supplier of engineered substrates for the microelectronics industry, recently announced that it has signed an agreement to acquire privately held Concentrix Solar GmbH, a provider of concentrated photovoltaic (CPV) solar systems.
11/04 Clean-Tech Funding to Rise, Survey Shows TheStreet.com Next year should be a great time to start a clean-technology company and a lousy time to open a semiconductor business, according to a new report from the National Venture Capital Association.
11/04 SunPower and SunRay Renewable Energy Complete 24 MW Solar Plant in Italy Clean Edge News SunRay Renewable Energy, an independent solar power producer, and SunPower Corp., a manufacturer of high-efficiency solar cells, solar panels and solar systems, have announced the completion of the 24-megawatt (MW) Montalto di Castro solar photovoltaic (PV) power plant, the largest in Italy.
11/04 Obama Announces $5.4B in Tax Credits to Stimulate Green Job Market VentureBeat With climate policy grinding to a halt in Copenhagen, president Barack Obama turned his attention to the domestic growth of green today, announcing that $5.4 billion in tax credits will be granted to spur the creation of tens of thousands of new green collar jobs in the next three years, predominantly in the manufacturing sector.
11/04 Amory Lovins to Give Closing Remarks at Clean-Tech Investor Summit Clean Edge News Named one of TIME Magazine
11/04 Solar Module Maker Plans a Public Offering New York Times Solyndra, a well-financed solar module maker, filed a registration statement for an initial public offering on Friday to raise $300 million to expand its manufacturing capacity.
11/04 Energy Storage Developer Valence Technology Secures Purchase Order From Smith Electric Vehicles Clean Edge News Valence Technology, Inc., an international developer of lithium iron magnesium phosphate energy storage solutions, has confirmed purchase orders from Smith Electric Vehicles U.S. Smith U.S. is the U.S. associate of Smith Electric Vehicles in the UK, which employs Valence\'s U-Charge energy storage solutions for electric delivery trucks in Europe.
11/04 Pelamis Wave Power and Vattenfall Launch Joint-Venture to Develop Scotland Wave Power Project Clean Edge News Pelamis Wave Power, the Edinburgh technology developer, and Vattenfall, one of thelargest utilities in Europe, recently launched a joint-venture to develop the first wave powerproject off the Shetland Islands.
11/04 Utility PG&E, SolarReserve Sign Power Contract Reuters California utility PG&E will buy power from a 150 megawatt solar power plant built by privately held SolarReserve under a long-term contract, the companies announced on Tuesday.
11/04 New Report: Smart Grid Investment to Total $200 Billion Worldwide by 2015 Clean Edge News Ubiquitous electricity has served as the foundation for numerous technological innovations in the modern world, but the electrical grid itself is based on decades-old technology and has suffered from low levels of investment for many years.

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