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GEs Energy Financing Unit Provides $50M Credit Facility to Indonesia Geothermal Developer

The Wayang Windu power station, Indonesia GE Energy Financial Services, the energy financing unit of General Electric, is financing the expansion of a geothermal power plant in Indonesia via a $50 million credit facility. The loan is part of a larger $282 million […]

December Top 10 Players In Green Energy

1: BrightSource Energy A BrightSource CSP plant Yes. We at Green Energy Reporter are unabashed BrightSource Energy fans. The news that the concentrated solar power (CSP) firm is eyeing a 2011 initial public offering only makes us love the company more because we […]

The Week In Green Energy: Climate Change…, Please Stand By

No cap-and-trade in the Boehner House (and that's one thing he won't cry about!) After a two-week hiatus, G.E.R.’s The Week In Green Energy is back! And in Washington, after four years in the minority, Republicans are also back! Dark days for green […]

The Week in Green Energy: Getting to 1603?

On Thursday night Senate Majority Leader Harry Reid (D ? Nev.) introduced a tax package with a provision that would extend by one-year important green energy stimulus programs, including the very popular 1603 cash grants. By adding the green funding provisions Reid hopes […]

GE doubles Green Investments, Calls for Extension of Industry Subsidies

Over the past two years GE Energy Financial Services, GE’s energy-financing unit, has doubled its renewable energy and cleantech investments.

GE Invests in Calif. Biomass Startup

CoolPlanetBioFuels, a Camarillo, Calif. start-up company developing a technology that converts low-grade biomass into high-grade, carbon-negative fuel, has secured $8 million from North Bridge Venture Partners and GE Energy Financial Services, General Electric’s energy financing unit.

Itochu Takes Equity Stake in Okla. Wind Farm

Japanese industrial group Itochu has joined GE Energy Financial Services as an equity investor in the $319 million, 152-megawatt Keenan II wind farm in Oklahoma. 

Smartgrid Developer SynapSense Raises $5M From GE and Current Investors

Folsom, Calif.,-based SynapSense, a developer of wireless energy efficiency solutions that cuts power costs of data centers, has raised $5 million in a new financing round. GE’s energy financing unit, GE Energy Financial Services, stepped in as a first-time investor.

REFF: A Conversation With Mindy Lubber of Ceres

Lubber: Not optimistic about climate legislation Mindy Lubber is the President of Ceres, a coalition of investors and environmental organizations that work to build sustainability into the capital markets and address climate change. Lubber, a former regional administrator of U.S. Environmental Protection Agency, […]

American Energy Innovation Council: Triple R&D Spending, Create Energy Strategy Board

The United States should triple clean energy R&D to $16 billion a year, a council composed of General Electric’s Jeffrey Immelt, Bill Gates and John Doerr and others, has recommended. The American Energy Innovation Council also recommended that government fund the Advanced Research […]