26 February '10
4:16 PM UTC
No Comments
  Funding

Silver Spring Eyes IPO, Morgan Stanley, Jefferies & Co. Underwriters

Silver Spring, the SmartGrid software developer, which has raised $275 million in venture capital since its 2001 launch, is prepping for a likely Initial Public Offering (IPO). Read More »

26 February '10
12:44 PM UTC
No Comments
  Solar

A Tale of Two Cities: Austin Not Giving Up On Yingli Solar Plant [UPDATE]

Yingli Green Energy, the photovoltaic solar panel manufacture (and FIFA World Cup sponsor), scored a $4.5 million subsidy from the U.S. Department of Energy. In its application to the DOE the Chinese company had used a Phoenix address, which fueled speculations that the company was planning to  build and operate its first North American PV plant in Arizona. Read More »

23 February '10
8:12 AM UTC
1 Comment
  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 »

8 February '10
11:29 AM UTC
No Comments
  Funding

DOE To Award Up To 15 Loan Guarantees Within Six Months

One of Energy Secretary Steven Chu’s early promises upon taking over at the Department of Energy a year ago was that he would speed up the award of the loan guarantees.

So far though only one loan guarantee has actually been funded. The guarantee was secured by Solyndra, the California maker of thin-film photovoltaic cells, which scored a $535 million in September that it will use in part to finance construction of a new manufacturing facility in California. Read More »

18 January '10
11:53 AM UTC
No Comments
  Geothermal

Report: Energy Department to Impose New Rules for Geothermal

The U.S. Department of Energy is taking steps to prevent earthquakes caused by drilling for geothermal projects, according to .

The move comes weeks after AltaRock Energy abandoned its Geysers project near San Francisco because of concerns that the company played down earthquake risks – a claim AltaRock has denied. Read More »

Page 5 of 12« First...3456710...Last »