1 October '10
6:45 PM UTC
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The Week In Green Energy

The Week In Green Energy: On Your Mark, Get Set, Go!

Welcome to day one of the fourth quarter…2011 is only 90 days away! That’s just 90 days before crucial stimulus programs, including the very popular 1603 cash grants, expire. With Congress adjourned and a Democratic majority that’s fighting for its survival, it sure doesn’t seem like these green initiatives . That stark reality is pushing the green deal economy to move quickly to get projects approved by year-end. The clock is ticking and developers want a piece of the government pie while it’s still available

On the regulatory front, we’ve seen California’s powerful energy commission green light a record 2,729 megawatts of solar projects over the past month. Just this week the commission approved Tessera Solar’s 709-megawatt Imperial Valley project and NextEra Energy’s 250 megawatt Genesis project. “In order to qualify for federal stimulus funds, the projects needed to be approved… before December 31, 2010,” the commission said. Translation: time is running out. Read More »

28 September '10
4:39 PM UTC
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Khosla Ventures Portfolio Company Raises $13.7M Series B

San Francisco-based solar technology developer PVT Solar has raised $13.7 million in  a series B round led by Sigma Partners.

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