It takes guts to file for a secondary offering only days after you lose your largest contract ever. But that’s what JA Solar did, and investors, oddly, seem thrilled.JA Solar (JASO), a maker of photovoltaic cells that went public in a $225 million IPO only six months ago, is back at the feeding trough [...]
ConsumerPowerline, a New York-based energy management company, said today it has raised $17 million in Series A funding led by Expansion Capital Partners, with additional investment by Bessemer Venture Partners, Schneider Electric Ventures, the New York City Investment Fund, and Vantania Holdings.Following a year of successful IPOs for competitors EnerNOC (ENOC) and Comverge (COMV), [...]
Not everyone’s feeling the biofuel backlash, especially when it comes to cellulosic ethanol — biofuels made from non-food crops and plants. This morning, Thousand Oaks, Calif.-based energy crop company Ceres announced it has raised $75 million through a late-stage financing round led by private equity firm Warburg Pincus. The company says the funds will [...]
We gave portable consumer fuel cell developer MTI Micro a bit of a hard time in a post this week about how long the technology was taking to get to market — it’s slated for commercialization in 2009. MTI’s CEO Peng Lim and VP of Corporate Development George Relan sat down with us this week [...]
John Doerr, the high-profile Kleiner Perkins Caufield & Byers partner, closed Silicon Valley Projections 2008, a sold-out forum on responses to climate change, with a call for greater participation by the government in driving greentech forward.“More than anything else, we need the political will among mainstream America and our political leaders to challenge us. And [...]
Howard Berke, the co-founder and executive chairman of the board for solar polymer company Konarka, stepped down from his role as CEO in June, but we still found him out manning the company booth at the Solar Power 2007 convention this week. We chatted with him about the Lowell, Mass.-based company’s plans for commercialization — [...]
The rumors that the thin film solar startup Miasolé had been out fund raising are confirmed this morning. The Santa Clara, Calif.-based company has raised another $50 million in series D funding that included six new but unnamed investors, according to VentureWire, (via PE Hub).Miasole makes thin film solar out of copper, indium, gallium [...]
You know all eyes are on cleantech investments when Wired runs a tagline on its cover: “Silicon Valley Goes Crazy for Cleantech.” Well, Ernst & Young and Dow Jones VentureOne sent out some research this morning with more data on the subject: global venture capital investments in clean technology companies grew to just over $1 [...]
MIT gets a Little BP: British Petroleum (BP) and the Massachusetts Institute of Technology (MIT) announced a research partnership to explore energy conversion technologies, including the conversion of coal to electricity while minimizing carbon dioxide emissions – release.Nuclear in Texas: For the first time in three decades, energy companies are vying to take the [...]
Like that date that kept you waiting while you nervously fixed your hair, the Tesla Roadster is officially late. Customers — among them San Francisco Mayor Gavin Newsom — will now have to wait until 2008 before the $98,000 electric hotrod is ready to leave the Tesla factory.The San Carlos, Calif.-based company, which has [...]
