Sunday, 29 January 2012

Getting a financial strength boost, Khosla Ventures-backed next-generation biofuels company Kior, Inc. obtained a four-year $75-million loan from its investors, a lender group of an affiliate of Vinod Khosla and two Canadian corporations owned by Alberta Investment Management Corporation.
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Wednesday, 18 January 2012

Biofuel startup Joule Unlimited Inc. raised $70 million in its third and largest funding round to date to fund the construction of a test facility proposed in Hobbs, New Mexico. The facility was meant to test and optimize Joule’s refining process at large scale. The Hobbs facility could be expanded to cover 1,000 acres for initial commercial production, according to a statement.
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Thursday, 12 January 2012

Battery technology developer Sion Power announced yesterday that it brought on board a $50 million equity investment from German chemicals giant BASF S.E., for its lithium-sulfur storage. Arizona-based Sion Power, a spin-off from the Brookhaven National Laboratories, is developing lithium-sulfur-based batteries intended for electric and plug-in electric vehicles.
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Monday, 19 December 2011

The Inter-American Development Bank and Spanish consortium Abengoa S.A. are teaming up to develop an estimated $1.2 billion worth sustainable infrastructure projects in Latin America. The I.D.B. is providing Abengoa S.A. with a revolving credit of $200 million to finance the development of power transmission and generation projects – with an emphasis on renewables – as well as water, sanitation and health concessions in Brazil, Chile, Mexico, Peru, and other countries in the region.
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Tuesday, 13 December 2011

Tata Power, India's oldest and largest private power company, has secured enough financing agreements to back a 25 megawatt solar photovoltaic power plant it is currently developing at Mithapur, Gujarat. Tata’s financing comprises of equity valued at 110 million rupees ($2 million) and loans of 255 million rupees ($4.1 million). The project costs approximately 365 million rupees ($6.7 million) in total.
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Tuesday, 13 December 2011

Montreal-based waste-to-biofuel and chemicals company Enerkem Inc. got 15 million Canadian dollars ($14.6 million) from a minority equity investment made by Waste Management and EB Investments into Enerkem Alberta Biofuels L.L.P., which is currently building a plant in Edmonton, Alberta.
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Monday, 12 December 2011

A California-based company which makes electronics that can improve how solar panels convert sunlight into energy by as much as 20 percent raised $18 million in its fourth financing round as it expands manufacturing and international sales.
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Monday, 07 November 2011

Two Indian solar projects are receiving a total of $103.2 million in financing from the Export-Import Bank of the United States. In a statement released by the bank, they stated that these two approvals in the final months of fiscal year 2011 bring the Bank’s total financing for Indian solar projects in FY2011 to $176.4 million.
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Monday, 07 November 2011

Vertically-integrated Chinese photovoltaic company ET Solar Group will have access to a $1.27 billion credit facility to be provided by China CITIC Bank, Nanjing Branch in the next five years.
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Tuesday, 18 October 2011

Wind turbine manufacturer China Ming Yang Wind Power Group Ltd. has announced that its subsidiary, Guangdong Ming Yang Wind Power Industry Group Co., Ltd., has received approximately $5 billion from the China Development Bank Corp.
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Friday, 14 October 2011

Pattern Group Energy LP has completed financing for the first commercial wind energy project in Puerto Rico, which is expected to provide clean and renewable energy necessary to satisfy the power needs of approximately 25,000 households. The 75-megawatt Finca de Viento Santa Isabel project will begin construction this month until September next year with new Siemens turbines to be erected over the next 11 months. Its construction financing has been provided by Siemens Financial Services.
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Tuesday, 11 October 2011

G.E. Energy Financial Services is making their first renewable investment in India by financing wind projects equal to 500 megawatts being developed and owned by Greenko Group P.L.C. General Electric’s unit will invest $50 million matched by $65 million from Greenko to finance the projects which will be built by Greenko’s newly created subsidiary, Greenko Wind Projects Private Limited. G.E.’s investment will support half of Greenko’s planned pipeline of 1 gigawatt of wind projects for the
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Wednesday, 05 October 2011

Enlighted Inc. announced that it has raised $14.2 million from high-profile investors Intel Capital, Draper Fisher Jurvetson and Kleiner Perkins Caufield & Byers to deploy its lighting and energy management platform. The California-based startup’s lighting management system involves installing a device designed to individually measure and manage energy use at each light fixture where it is installed. Control units on the device can dim or turn on/off lights based on ambient light and
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Wednesday, 28 September 2011

OneRoof Solar joins a growing number of solar residential companies, making it more affordable and convenient for homeowners who want to go solar with a new financing program backed by $50 million in series A funding. Like with its competitors SolarCity and Solar Run, homeowners will pay OneRoof a monthly fee that is lower than a typical utility bill, a financing package known as a solar lease.
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Wednesday, 28 September 2011

Google Inc. made its second investment in residential solar yesterday by creating a fund worth $75 million with startup Clean Power Finance Inc. to support cash-strapped solar rooftop installers in the United States. The investment aims to finance as many as 3,000 rooftop photovoltaic systems on houses, including those in key states like California, said Rick Needham, Google’s director of green business operations.
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Monday, 26 September 2011

Electricity to be sold to Southwestern Public Service, a subsidiary of Xcel Energy, Inc.
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Thursday, 22 September 2011

The European Bank for Reconstruction and Development is making a $5 million investment in an 85-megawatt hydropower plant in the country of Georgia. The investment is going to Georgia Urban Energy LLC, a subsidiary of the Turkish Anadolu Group, which is managing the construction of the Paravani hydro plant in the south west of the country.
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Wednesday, 21 September 2011

Anholt offshore wind park to have 111 3.6-MW turbines
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Tuesday, 20 September 2011

SK Group, South Korea’s third largest conglomerate and the country's top oil refiner, invested $50 million dollars into thin-film solar photovoltaic startup HelioVolt Corporation to help it bring its products closer to commercial-scale production sooner. The companies said they will collaborate on technology development and manufacturing expansion as part of the deal.
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Friday, 16 September 2011

Alphabet Energy raised $12 million from three clean technology investors to speed up the development of a thermoelectric generator that can recover waste heat for electricity with the use of silicon.The two-year-old San Francisco startup plans to use the round’s proceeds to employ more people, relocate to a new facility in the San Francisco Bay Area, and finally complete a prototype of a silicon-based thermoelectric device.
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