FE Clean Energy Group Invests in India
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.
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First Solar Wins U.S. Loan Guarantee
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 Expanding Renewable Energy in Europe
KKR teamed up with Munich Re to take a 49% share in southern European solar plants owned by Grupo T-Solar.
Smart Grid Firm Files for $150 Million IPO
In a filing with the SEC, Silver Spring Networks, a Redwood City maker of "smart grid" hardware and software, said it plans to sell $150 million worth of its shares in an IPO.
Clean Energy Investment Grows by 22% in Q2
New investment in clean energy rose 22% to $41.7 billion in the Q2 vs. 1 year ago.
New Rule Promotes More Transmission Lines
The rule assures that only those who benefit from new transmission facilities pay for them.
US Gives $175M to Clean Fuel Tech
The Department of Energy is putting money into clean fuel technology to spur clean auto technology.