09 March 2010
The Department of Energy announced this week that $100 million in stimulus funds would be distributed to help accelerate innovation in green technology. “The idea is to get a whole ecosystem of innovative technologies,” said Arun Majumdar, director of the Advanced Research Projects Agency – Energy, which is managing the program. The department has designated three areas [...]
Posted in Investor Front0 Comments
09 March 2010
University of Pittsburgh researchers have conducted the first cradle-to-grave assessment of light-emitting diode (LED) streetlights and determined that the increasingly popular lamps strike the best balance between brightness, affordability, and energy and environmental conservation when their life span-from production to disposal-is considered.LEDs consist of clusters of tiny, high-intensity bulbs and are [...]
Posted in R&D0 Comments
08 March 2010
Solar cells made from silicon are projected to be a prominent factor in future renewable green energy equations, but so far the promise has far exceeded the reality. While there are now silicon photovoltaics that can convert sunlight into electricity at impressive 20 percent efficiencies, the cost of this solar power is prohibitive for large-scale [...]
Posted in R&D0 Comments
08 March 2010
SEOUL/HONG KONG (Reuters) – Japan, South Korea and China are investing about $9 billion this year in infrastructure and information technology to make electricity networks more efficient, creating lucrative opportunities for niche technology and equipment providers. The “smart grid” system, through computerised monitoring of electricity flowing through a power grid, allows [...]
Posted in Global Pulse, Industry Report0 Comments
05 March 2010
Colorado stands just two steps away from enacting the second-highest standard in the country for renewable-energy production requirements by utilities, and now Gov. Bill Ritter also wants to raise the national bar on cutting air pollution. The Colorado Senate gave final approval to a bill Friday that would raise from 20 percent [...]
Posted in Government Watch0 Comments
05 March 2010
PRINCETON, NJ, March 4, 2010—NRG Energy, Inc. (NYSE: NRG) has signed a binding letter of intent to purchase the South Trent wind farm near Sweetwater, Texas. The 101 megawatt (MW) wind farm, which came online in January 2009, consists of 44 Siemens 2.3 MW wind turbines capable, at maximum capacity, of powering more than 80,000 homes. “South Trent is [...]
Posted in Industry Report, Investor Front0 Comments
05 March 2010
By Sarimul Islam Choudhury (VCCircle.com) Husk Power Systems is engaged in producing clean energy from rice husks using biomass gasification technology. Acumen Fund, a New York-based non-profit venture capital fund, is investing $375,000 (Rs 1.71 crore) in Husk Power Systems (HPS), a Patna, India-based company engaged in rural electrification and power generation. With this funding, Acumen’s total investment [...]
Posted in Global Pulse, Investor Front, Start-Up Scout0 Comments
05 March 2010
ST. LOUIS, Mar 03, 2010 (BUSINESS WIRE) — Stifel, Nicolaus & Company, Incorporated is pleased to announce that Shez Bandukwala has joined the firm’s Investment Banking Group as head of its Cleantech Investment Banking Team, reporting to Victor Nesi, Director of Investment Banking and Co-Director of Capital Markets. Mr. Bandukwala was previously group head of [...]
Posted in Industry Report, Investor Front0 Comments
05 March 2010
Washington and Lee University School of Law will host a symposium examining the complexities of attempts to use technological innovation and transfer to address climate change on Friday, March 19. The event, titled “The Intersection of Renewable Energy Development and Geoengineering,” is sponsored by the W&L Journal of Energy, Climate, and the [...]
Posted in Government Watch0 Comments
04 March 2010
NATIONAL HARBOR, Md.–Monkeys throwing darts have the same predictive powers as experts forecasting the price of oil or when grandmas will surf the Web with mobile phones, says Vinod Khosla. The high-profile investor, who raised over $1 billion for a green-technology fund last year, argued here Wednesday that technology change in energy will happen faster than [...]
Posted in Industry Report0 Comments
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