Fundings+Deals

The company delayed its IPO and cut its valuation in half, expecting now to sell 11.5 million shares at $8 each.

The military’s plans to expand its use of biofuels could generate $10Bil in revenue and jumpstart the biofuel market, according to a new report.

Google is investing $75Mil in an Iowa-based wind farm as part of its plan to develop cleaner energy sources for its data centers.

Some of cleantech’s most promising young startups share “lessons learned” from their experiences raising venture funding, and offer some advice to the venture community.

With cleantech venture investing shifting to smaller, more capital- efficient deals, the sector saw a big drop in terms of dollars invested in Q3: only $791m flowed in during that period, versus $991m in Q2, according to the MoneyTree report. The number of cleantech deals, 58, was virtually unchanged.

Energy storage company LightSail Energy's new funding was led by Peter Thiel, co-founder of PayPal, and included Bill Gates and Khosla Ventures.

Solar City is the first promising IPO for the alternative energy sector in a long time and may help renew VC interest in the sector and pave the way for its competitors to go public....

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.

New York-based venture capital firm Braemar Energy Ventures closed its third fund at $300 million this week.

One of the largest U.S. pension funds in California just opened its kimono on how it approaches alternative energy investment and sustainability.