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Renewable energy projects in 16 EU countries are receiving $1.58 billion in subsidies from a special reserve under Europe’s cap-and-trade program.

China announced that it will pay $1.4 billion in subsidies to power companies for electricity generated by renewable energy.

In an otherwise bleak landscape for financing energy projects, big investors from GE, J.P. Morgan, Deutsche Bank and Arclight Capital spot big opportunities.

The Carlyle Group raised $1.38 billion for the Carlyle Energy Mezzanine Opportunities Fund, which will target renewable power and other energy sectors.

Chrysalix launched a global network of independent, locally managed venture capital firms targeting cleantech investing in Asia, Europe and North America.

Garage Technology Ventures launched a new fund that will tap technology firms for early-stage cleantech deals, unlocking $2 trillion in corporate cash.

Although Wanxiang’s purchase of A123 Systems was approved yesterday, there’s still a chance that Johnson Controls could play spoiler.

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

According to recent research, most Americans still think of environmentally-friendly products as being out-of-the-ordinary, even a little weird.

California will pour billions of dollars into new green energy subsidies over the next few years. Venture capitalists say that certain cleantech startups will thrive.