Cellulosic ethanol company Verenium may be on its way out. The company’s 10-k, filed on March 17, says the company did not generate sufficient revenue to offset its CAPEX and operations. Verenium’s form states “there can no assurance that we will be able to obtain any additional sources of revenue, corporate partnerships, federal and state [...]
As I travel around Brazil this week I thought I could use this opportunity to bring in some energy and greentech issues from other parts of the world into our ongoing dialogue about the development of the greentech market. Few countries face the dual pressures of environmental conservation and economic development like Brazil. Deforestation in [...]
Commodities are trading down this morning on declining consumption and a short rise in the dollar against the Euro and Yen. May contracts for crude oil are down 1.8 percent since the weekend, opening this morning at $100.02 after a 7.6 percent decline at the end of last week. A Goldman Sachs report released on [...]
With a special appearance by Eric Wesoff… The re-election of José Luis Rodriguez Zapatero in Spain this month has cleared the way for foreign suitors to starting sizing up potential bids for Iberdrola, Spain’s largest utility. Électricité de France SA and Actividades de Construcción y Servicios SA, a French utility and Spanish construction company, [...]
Commercial and pre-commercial ocean power projects are being developed at an increasingly fast pace. A handful of wave and tidal energy companies are breaking away from the pack and beginning to sign contracts with utilities, governments and energy companies to develop ocean power capacity. Already in 2008 we should expect to see nearly 19 MW [...]
Florida is rolling ahead with a set of comprehensive energy and climate-related bills aimed at making sure the peninsular state isn’t swallowed up by rising sea levels. The Florida Public Service Commission approved the state’s first wide-ranging net metering law on March 5. It covers systems ranging from 10kW to 2MW, and expands coverage from [...]
Green Light is the traffic cop at the intersection of green technology, business and policy. We cover the highs and lows of the greentech market, providing news, commentary and analysis on the companies and personalities–-winners and losers alike-–driving its growth and evolution.
The possibility of Congress granting oil companies rights to develop offshore reserves in previously protected areas is one of the hottest topics going these days. ...
British Energy, the UK's nuclear power monopoly, will likely be sold to Electricité de France this week in a deal valuing the company at close ...
The new home of Other World Computing, a large computer dealer in Woodstock Illinois, is about as green as you can get. The building, which will ...
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