2 March '10
2:33 PM EST
1 Comment
  Cleantech
Top Ten Players in Green Energy

February Top Ten Players in Green Energy

Green Energy Reporter’s ranking of the top ten players in green energy for the month of February is out! Our top-ten list is based on the players’ influence over green energy policy and their ability to move the debate.

1: Bloom Energy


Whoa! What a launch. The rollout of Bloom Energy’s Bloom Box will likely emerge as a case study of close-to perfect PR execution. One must admit anticipation was high considering that for the past eight years the Silicon Valley company had remained tight lipped about its fuel cell technology. But when the company, which since its inception has raised $400 million, was ready to talk, boy did it talk, culminating with a whole segment on 60 Minutes. All the way through, Bloom Energy’s CEO and backers stayed on message, describing the Bloom Box as a green, clean source of power. And for the most part the media bought the narrative. Although, by the end of the week-long media fest, questions emerged asking how green the Box really was, considering that it does emit C02 when producing energy. Albeit, at the end of the day, thanks to thorough fundamental research (and good strategic PR), Bloom has for the time being anchored itself as one of the “it” players in greentech. However, $400 million later, the question lingers: Will Bloom turn out to be a Google or a Segway? Segway is a losing investment of one Bloom backer, Kleiner Perkins. Read More »

27 February '10
9:35 AM EST
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  Biofuel
  Cleantech
  Funding
  Policy
  Solar

This Week In Green Energy: Where’s The Money? …In Washington!

Capitol Building -- Washington DC

For cleantech companies Washington has become a crucial financial partner.

In the post-Lehman/global financial meltdown era it’s been repeatedly said that the money power has left Wall Street for the shores of the Potomac in Washington.

This is not just a talking point, but a stark reality for whole industries — the renewable energy sector among them– which have come to rely on Washington for their mid-to-long-term survival.

The government’s pivotal role as a funder of last and first resort was glaringly apparent this week with the announcement that BrightSource Energy was offered a $1.37 billion loan guarantee (if it meets certain conditions) from the Department of Energy. The BrightSource loan guarantee dwarfs the $535 million thin-film photovoltaic cell maker Solyndra got last year, which, until now, was the largest such loan guarantee. Read More »

23 February '10
8:12 AM EST
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  Funding
  Solar

BrightSource Gets $1.37 bln DOE Loan Guarantee For Ivanpah Project, Whoa!

BrightSource Energy was offered a $1.37 billion loan guarantee from the Department of Energy on Monday, the largest such loan awarded by the DOE –see official press release here. The Oakland, Calif.-based company will use this crucial government backing to secure financing to support construction of its 440-megawatt Ivanpah Solar Power Complex, located in a six square miles (15.53 square kilometers) area on the Nevada side of the Mojave Desert, owned by the Bureau of Land Management (BLM). Read More »

12 February '10
9:15 AM EST
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  Solar

BrightSource Scales Back Solar Plant; Desert Tortoise Wins!

Keep on truckin' desert tortoise

The desert tortoise has won!  Or something like that.

BrightSource Energy has proposed an alternative design for the Ivanpah Solar Energy Generating System in the Mojave Desert that would reduce the project’s footprint and megawattage but have less impact on about 25 threatened tortoises.

We wrote about the issue last month. Read More »

4 January '10
4:00 AM EST
1 Comment
  Policy
  Solar

BrightSource Energy vs. the Desert Tortoise

 

The Ivanpah Solar Power Complex: derailed by a lowly tortoise?

The Ivanpah Solar Power Complex: moving too fast for turtle lovers?

Continuous sunshine? Check. Near existing power lines? Check. Sited on the habitat of an endangered tortoise? D’oh!

BrightSource Energy wants to put its 440 megawatt Ivanpah Solar Power Complex in a 6 square mile area of the Mojave Desert owned by the federal government. Unfortunately for the company, the area is also home to threatened desert tortoise, according to this Associated Press story.

It’s yet another instance of the “green on green” disputes that have already derailed another BrightSource project in the Mojave Desert. Will they also prevent states from meeting renewable energy standards? Read More »

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