Carlyle Group Raises $1.38 Bil for Energy Fund
The Carlyle Group raised $1.38 billion for the Carlyle Energy Mezzanine Opportunities Fund, which will target renewable power and other energy sectors.
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Cleantech VC Chrysalix Expands Reach in Asia
Chrysalix launched a global network of independent, locally managed venture capital firms targeting cleantech investing in Asia, Europe and North America.
As Cleantech Funding Wanes, Garage Tech Ventures Shifts Strategy
Garage Technology Ventures launched a new fund that will tap technology firms for early-stage cleantech deals, unlocking $2 trillion in corporate cash.
Bankrupt Battery Maker A123’s Deal Still in Play?
Although Wanxiang’s purchase of A123 Systems was approved yesterday, there’s still a chance that Johnson Controls could play spoiler.
SolarCity Chops IPO Value, Increases Shares
The company delayed its IPO and cut its valuation in half, expecting now to sell 11.5 million shares at $8 each.
British Airways Commits to Biofuel Plant
British Airways announced a commitment to buy the 50,000-ton output of a biofuel plant in East London at market prices over a 10-year period.
Why Americans Have Trouble Adopting Green Products
According to recent research, most Americans still think of environmentally-friendly products as being out-of-the-ordinary, even a little weird.
Green Energy Boom in California
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.
Big Potential Seen for Small Solar Storage Systems
Experts and solar executives say smaller, more decentralized methods of generating and storing electricity help ease strain on the grid in times of high demand or failure.
Bay Area Drivers Become Early Adopters of Algae Biofuel
Solazyme has made algae-based biofuel available for motorists at gas stations in San Francisco.