U.S. Military Sets 25 Percent Renewable Energy Goal
The White House announced that the U.S. military will deploy 3 GW of renewable energy, including solar, wind, biomass and geothermal, by 2025.
News
Energy Efficiency Company Raising More Funds
Stem Inc., which raised $10.2 million in Series A funds in September, is considering taking in additional funding.
On the Radar - New DOE Grant Programs and NYC's First Green Hackathon
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
The solar shakeout continues as Solar Trust and Q-Cells both filed for bankruptcy.
Algae Biofuel Startup Raises $144 Million
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
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
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
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.
Denmark Leads Global Clean Tech Innovation Race
A global index developed by research firm Cleantech Group reveals that Denmark has created a home where clean tech companies are most likely to thrive, ahead of such places as the...
China’s Wind Industry Boosted by Espionage
In a case of corporate espionage, China's Sinovel Wind Group Co. was discovered to be running a stolen version of American Superconductor Corp.'s software.