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The Week In Green Energy: Google Goes Offshore

This week Google dipped its toes in the largely underdeveloped but extremely promising U.S. offshore and, in doing so, further clarified its ambitious renewable energy strategy. The Mountain View, Calif., search engine giant announced that it would partner with Swiss private equity fund Good Energies and Japanese industrial group Marubeni Corp. to support initial development…

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Smartgrid Developer Nexant Secures $43M Investment

San Francisco-based Nextant, a software developer for the smart grid industry, has closed a $43 million financing led by Oak Investment Partners and Intel Capital. Existing investors, TeleSoft and Beacon, also pitched in.

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Clouds On The Horizon For VC-Dependent Cleantech Startups

In the U.S. renewable energy and cleantech companies, will find it� more difficult to secure early-stage financing, concludes� a survey��released yesterday by the National Venture Capital Association and Deloitte & Touche.

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Smart Grid Startup eMeter Secures $12.5M

San Mateo, Calif.-based eMeter Corporation, a developer of management software for the smart grid industry,� has raised $12.5 million in new funding� from returning investors Sequoia Capital and Foundation Capital. Northgate Capital also participated as a first-time investor.

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Venrock Secures $350M For Sixth Fund

Palo Alto, Calif.,-based� Venrock,� has raised $350 million for its sixth venture capital fund, Venrock VI, which will support energy start-ups as well as� early stage technology and healthcare companies. With the close of Venrock VI, the firm holds approximately $2.2 billion under management.

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