Fundings+Deals

Energy Efficiency Hot with VC’s

November 1, 2011

Doubts about alternative energy have driven cleantech venture capital into less capital intensive start-ups, such as software firms that help people conserve energy.

U.S. DOE Closes Solar Loans Before Deadline

November 1, 2011

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.

Loan Program Fallout Sparks Criticism

November 1, 2011

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...

Billion-Dollar VC Fund Focuses on Cleantech

November 1, 2011

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.

China Set to Expand Solar throughout Europe

June 16, 2011

China Merchants Bank Company and state-owned China Development Bank Company are providing as much as $10 billion in funding for three Chinese makers of solar equipment to build solar...

BofA Invests $177 million in NextEra Wind Farm

July 13, 2011

Bank of America invested $177 million in a tax-equity transaction associated with a wind farm developed by NextEra Energy Resources, LLC.

BofA Invests $177 million in NextEra Wind Farm

June 13, 2011

Bank of America invested $177 million in a tax-equity transaction associated with a wind farm developed by NextEra Energy Resources, LLC

U.S. DOE Invests $105 Million in Biofuel Producer

July 6, 2011

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.

FE Clean Energy Group Invests in India

July 19, 2011

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 Wins U.S. Loan Guarantee

July 1, 2011

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.