Energy Efficiency Hot with VC’s
Doubts about alternative energy have driven cleantech venture capital into less capital intensive start-ups, such as software firms that help people conserve energy.
Doubts about alternative energy have driven cleantech venture capital into less capital intensive start-ups, such as software firms that help people conserve energy.
Khosla Ventures closed a $1.05 billion fund, which ranks among the top 5 largest new venture funds this year, and plans to invest about half in clean technology.
Bank of America invested $177 million in a tax-equity transaction associated with a wind farm developed by NextEra Energy Resources, LLC.
Bank of America invested $177 million in a tax-equity transaction associated with a wind farm developed by NextEra Energy Resources, LLC
Ethanol producer POET will receive $105 million in funding by the U.S. DOE to expand a factory that will make motor fuel from corn waste.
U.S.-based private equity firm FE Clean Energy Group Inc. bought a minority stake worth $40mm in Indian-based power producer NSL Renewable Power Pvt. Ltd.
First Solar Inc.(FSLR) has won a loan guarantee worth $4.5 billion from the U.S. DOE stimulus-funded loan guarantee program to finance renewable energy projects in California.
KKR teamed up with Munich Re to take a 49% share in southern European solar plants owned by Grupo T-Solar.
New investment in clean energy rose 22% to $41.7 billion in the Q2 vs. 1 year ago.
The Department of Energy is putting money into clean fuel technology to spur clean auto technology.