Fundings+Deals

NanoH2O Raises $60.5M in Funding

May 8, 2012

NanoH20, a water purification start-up, has raised $60.5 million in venture funding and bank loans. Investors see big opportunity in water as the world population grows.

Morgan Stanley Finances Solar Leases

May 8, 2012

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.

Seeing Value In Trash, Harvest Power Raises $110M

April 13, 2012

Harvest Power, a start-up that coverts organic waste to energy, has raised $110 million in a Series C round.

Clean Tech in ‘Early Innings:’ Goldman Exec

April 13, 2012

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...

Failed BrightSource IPO Adds to Industry Woes

April 13, 2012

BrightSource's decision to shelve its planned IPO may be a sign that alternative-energy firms may not be welcome in the stock markets.

Energy Efficiency Company Raising More Funds

April 13, 2012

Stem Inc., which raised $10.2 million in Series A funds in September, is considering taking in additional funding.

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.

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.

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.

Denmark Leads Global Clean Tech Innovation Race

March 22, 2012

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...