On the Radar - New DOE Grant Programs and NYC's First Green Hackathon

April 13, 2012

The U.S. DOE has announced new grant programs to fund small cleantech businesses as well as bio-oil and wireless charging station research. Mayor Bloomberg announced NYC's first green...

Solar Bankruptcies Flare Up

April 5, 2012

The solar shakeout continues as Solar Trust and Q-Cells both filed for bankruptcy.

Algae Biofuel Startup Raises $144 Million

April 5, 2012

Sapphire Energy, which converts algae into synthetic crude oil, raised $144 million in one of the biggest clean tech deals in the past 12 months.

New Cleantech IPO's Hit Market

April 5, 2012

Two U.S. clean tech companies have gone public as the industry hopes high energy prices and better technology will make investors forget the sector's recent struggles.

Germany, Italy Reign In Renewable Energy Subsidies

April 5, 2012

German parliament approved cuts in aid to solar power and Italy reconsiders its renewable energy subsidies.

NStar’s Deal Pays Cape Wind $940M Over Market

April 5, 2012

Massachusetts utility NStar has agreed to buy power from the Cape Wind offshore wind farm for more than double the projected cost of electricity from conventional sources.

New Products+Startups

Pike: 73 Million Smart Meters Shipped in ‘11

Summary:

A new Pike Research report provides detailed analysis of worldwide utility smart grid and smart meter programs and an examination of technologies and vendor market share analysis.

Fundings+Deals

Deloitte: Utilities Fill Void Left by VC's

Summary:

Utilities are the largest investors in smart grid infrastructure, with more than $8 billion in projects in the works. The Deloitte report details clean tech investments made by U.S. power and utility companies.

Fundings+Deals , New Products+Startups , Policy

IBIS: Wind Industry to Grow Annually by 8.4%

Summary:

The wind industry will grow to $6.4 billion in revenue by 2017, driven by growth in electric power consumption. The IBIS report examines macro industry trends and key structural risks faced by the industry over the next 5-years.

Policy

Charles River: Cape Wind Saves $7.2 billion

Summary:

Cape Wind will displace higher-priced fossil-fueled units, resulting in an average savings of $286 million per year in New England, according to a report by Charles River Associates.