13 January '10
10:52 AM EST
No Comments
  Cleantech
  Funding
  Solar

Solyndra Racks Up Nearly $200M in VC Cash in ‘09

Solyndra, the California maker of thin-film photovoltaic cells, received the most amount of venture capital cash in 2009, raising $198 million. Its backers are counting on a hefty payday with the company having recently filed for an Initial Public Offering (IPO). A123 Systems, the Massachusetts battery maker, which IPOed last fall, raised $100 million, according to data compiled by market research firm the CleanTech Group. Swiss smart meter maker Landis + Gyr, smart grid developer Silver Spring Networks and V-Vehicle, a clean vehicle manufacturer, also each raised $100 million last year — see charts below the fold. Read More »

6 January '10
5:39 PM EST
No Comments
  Cleantech
  Funding

It’s Been the Best of Times and the Worst of Times for Cleantech Investing in ‘09

Let’s start with the good news: In 2009 cleantech became the dominant category in venture capital investing, attracting$5.6 billion in new investments worldwide. That’s more than IT or biotechnology, which until recently attracted the majority of VC investments. So says a report released today by the Cleantech Group and Deloitte. Read More »

29 December '09
9:56 AM EST
No Comments
Uncategorized

Listomania: Our take on the year-end lists

lisztomania-yuksek-remixIn the spirit of meta-blogging, we offer this morning a list of some of the lists on green energy Web sites that we read. Some of the lists are forward looking – i.e. here’s what’s going to happen in 2010 – and some look back at the biggest stories of 2009 or, in a silly but traffic-getting conceit, the whole decade.

The lists follow after the jump.
Read More »

4 December '09
10:29 AM EST
No Comments
  Funding

Why The Rush of Cleantech Deals All of a Sudden?

Happy news all around.

The labor market showed signs of recovery this morning, with the rate of job losses slowing to almost zero in November, and the financing environment for cleantech looks to be improving by the day.

Yesterday we saw Hudson Clean Energy Partners pat itself on the back for raising just over $1 billion in what founder Neil Auerbach called “one of the most challenging funding environments in recent memory…”

No doubt, you did well Neil, but we’re pleased to say that that success may be symptomatic of a more general recovery. The Cleantech Group is reporting more than 77 cleantech deals in the last 14 days.

What can account for this rush? Read More »

6 November '09
9:39 AM EST
No Comments
  Funding
  Policy

Cleantech Group Report: Investment Will Continue Regardless of Copenhagen Outcome

cop15_logo_imgLegislative wrangling over cap and trade and a grim outlook for the Copenhagen climate talks got you down? Investors need not worry, says the Cleantech Group in a new report (only for subscribers, unfortunately).

“The most meaningful climate initiatives of late driving cleantech innovation have been driven at the level of the G20, the U.S.-led Major Economies Forum and the G2 (China and America). The center of gravity is not the bureaucratic UN Framework Convention on Climate Change,” said Cleantech Group executive editor Dallas Kachan.

Translation: the United Nations isn’t funding cleantech and green energy projects, national government stimulus plans are. And private investors, who are anticipating a carbon reduction framework of some sort, will continue to fund projects regardless of the climate change agreement’s final form. Read More »

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