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Renewable Energy News

Konarka Secures $45 Million in Private Capital Financing (View Original Story)
Source: Posted: 10-01-2007 at 09:01:03
Konarka Technologies, Inc., an innovator in development and commercialization of Power Plastic®, a material that converts light to energy, today announced it has raised $45 million in private capital financing. The financing was led by Mackenzie Financial Corporation, a leading investment management firm with over $60 billion in assets under management, and was co-led by existing investor, Good Energies, a leading investor in the renewable energy industry. New investor for the company, Pegasus Capital, participated in the round, as did existing lead investors from prior rounds including Draper Fisher Jurvetson (DFJ), Asenqua Ventures, New Enterprise Associates (NEA) and 3i. Other participating current investors include Vanguard Ventures, Chevron, Massachusetts Green Energy Fund, NGEN Partners, Angeleno Group and Asenqua Ventures. The financing was agented by Lehman Brothers.

Moving Wind to the Mainstream: Leveraging Compressed Air Energy Storage (View Original Story)
Source: Posted: 10-01-2007 at 09:01:03
In light of growing consumer awareness, new regulations and increasing fuel costs, the demand for power production from renewable energy resources is on the rise.

Mass Market for Green Homes Coming? (View Original Story)
Source: Posted: 10-01-2007 at 09:01:03
They built, overnight, a 725-square foot house on the lawn of San Francisco's elegant city hall that demonstrates the potential for manufactured housing to tackle a variety of urgent concerns: affordable housing, global warming, peak oil, water shortages, healthy living and much more.

Babcock & Brown Acquires Bluewater Wind (View Original Story)
Source: Posted: 10-01-2007 at 09:01:03
Peter Mandelstam, President of Bluewater Wind, announced last week that Bluewater has agreed to be acquired by Babcock & Brown, identified by the American Wind Energy Association as one of the "Top 5 Managing Owners of Wind Energy Installations." All of the Bluewater Wind staff, including Mandelstam, will be continuing with the company.

Mascoma Corporation To Build Switchgrass Cellulosic Ethanol Plant (View Original Story)
Source: Posted: 10-01-2007 at 09:01:03
Mascoma Corporation, a leader in advanced low-carbon energy biotechnology, last week announced that it intends to establish an operating facility producing cellulosic ethanol utilizing switchgrass as feedstock. The company says that this facility will be the first in the country.

SUEZ Energy To Supply City of Dallas with Green Energy (View Original Story)
Source: Posted: 10-01-2007 at 09:01:03
Coming at the heels of an announcement by SUEZ Energy that it is establishing a renewable energy division, last week SUEZ Energy Resources NA, the U.S. retail energy business of SUEZ Energy North America announced that it has won a contract to supply the city of Dallas with approximately 90% of it's electricity, 40% of which will be from renewable energy sources.

Massachusetts Universities and Colleges Commit to Renewable Energy (View Original Story)
Source: Posted: 10-01-2007 at 09:01:03
Massachusetts Energy and Environmental Affairs Secretary Ian Bowles last week congratulated 41 Massachusetts campuses – including all 29 public colleges and universities -- for joining a national campaign to make college campuses climate neutral by embracing clean energy technologies and reducing greenhouse gas emissions.

Raser Secures Additional Geothermal Lease in Utah's Escalante Desert (View Original Story)
Source: Posted: 10-01-2007 at 09:01:03
Raser Technologies, Inc. announced on Friday that it has added to its geothermal rights in the Escalante Desert in southwestern Utah through a lease agreement with a private property owner. The lease carries a ten-year term and is renewable for additional periods based on development activity. The financial terms of the leases are undisclosed.

NHA shows support at FERC conference for expedited licensing proposal for ocean, tidal, instream projects (View Original Story)
Source: Posted: 10-01-2007 at 03:01:08
The National Hydropower Association will join dozens of waterpower developers, utility companies, government agencies and other interested groups Tuesday in Portland, Oregon, to discuss the Federal Energy Regulatory Commission's proposed licensing process for hydrokinetic energy pilot projects.

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