As we near the end of the first quarter of 2010, the renewable energy industry is asking “what next?”
Indeed, as appetite (and dependence) by renewable energy companies for federal money keeps growing, many of the stimulus’ key provisions, including the very popular direct cash grant program, are slated to end at the end of the year. So, with the 2010 deadline looming, what’s in store for the renewable energy sector in the post-stimulus era? Read More »
The American Wind Energy Association (AWEA) has called the ABC/American University Investigative Reporting Workshop report that found green stimulus dollars are flowing overseas “a fictional account.”
The AWEA’s Into the Wind blog today posted a scathing repudiation of the story, which found that 79 percent of the $2.1 billion in green energy stimulus funds has gone to companies based overseas. Read More »
This is a repost by Russ Choma, a Washington-based independent investigative journalist and regular contributor to the American University’s Investigative Reporting Workshop. The story is the latest installment in the Investigative Reporting Workshop’s ongoing series, “Blown Away America’s billions for clean-energy jobs are flying overseas.” The Investigative Reporting Workshop reported this story in coordination with the Watchdog Institute , a non-profit investigative journalism group based at San Diego State University.
By Russ Choma
Money from the 2009 stimulus bill to help support the renewable energy industry continues to flow overseas, despite Congressional criticism and calls for change, according to a new analysis of the program by the Investigative Reporting Workshop. Read More »
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 »
The Department of Energy has just announced $18 million in stimulus funding for 107 small cleantech firms.
The 125 grants are for up to $150,000 each and come from ten topic areas, including advanced solar technologies, which got $2.8 million, building air conditioning, which received $2.2 million, and refrigeration and water usage in electric power production, which received $880,000, among others.
Energy Secretary Steven Chu said: Read More »
