Siemens Exits Solar, Focuses on Wind and Hydro
Siemens is in discussions to sell its solar business, which it acquired three years ago. At the time, its CEO said the acquisitions would make Siemens a solar-thermal power leader.
Siemens is in discussions to sell its solar business, which it acquired three years ago. At the time, its CEO said the acquisitions would make Siemens a solar-thermal power leader.
Solar panel company SolarCity Corp. has filed draft registration documents with the SEC, however it declined to name a specific time frame for its IPO.
Morgan Stanley and Main Street Power Co. are teaming up to provide funds for Clean Power Finance Inc.’s customers to install up to $300 million in residential solar energy projects.
Goldman Sachs Group’s global head of the clean technology believes that clean technology is now in the early stages of a strong recovery, the same way the technology sector flatlined...
BrightSource's decision to shelve its planned IPO may be a sign that alternative-energy firms may not be welcome in the stock markets.
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.
Renewable energy deal value rose 40% to $53.5B in 2011 with big deals (>$1B) becoming more common in the wind, solar and biomass segments. Solar and energy efficiency deals nearly doubled year-on-year. Entry of pension and insurance funds show the industry is maturing, and overcapacity and consolidation could make for a tough industry deal environment in ‘12.
Iowa based biodiesel fuel company Renewable Energy Group Inc , is set to go public on Thursday and will be the first U.S. initial public offering in 2012.
At the end of September, the U.S. Department of Energy closed deals with four start-ups to the tune of $4.7 billion in loan guarantees for solar projects.
Cleantech start-ups that received government loan guarantees only to turn around and file for bankruptcy have led to a series of embarrassments for the Obama administration and its...