Daniel Englander
About a year ago, the Department of Energy’s Office of Electricity Delivery and Energy Reliability put out a notice seeking applications from companies developing smart grid technologies.The grant program is part of a larger initiative at DoE - Smart Grid 2030 - aimed at building up the nation’s ailing power grid. A major component of [...]
Daniel Englander
China’s coal reserves have dwindled in recent months to 46.7 million tons, enough to last the country 12 days. Following a crushing winter that saw millions of travelers tied up for days during the Lunar New Year and the country’s push to become a net exporter of coal, China may in fact be bleeding itself [...]
Daniel Englander
Big time greentech funds are popping up faster than mushrooms after a spring rain. Last week the John and Al Show announced they were raising a $400 million “Green Growth” fund aimed at late-stage “private and public investments as well as . . . carve outs and spinouts.” Other $400 million+ funds include the soon-to-close [...]
Daniel Englander
Philippe Reichstul, CEO of Brenco, said yesterday his company will seek an IPO worth $3.2 billion by the end of 2008 or beginning of 2009. The IPO proceeds will help the Brazilian ethanol company expand its refining base to 10 ethanol plants by 2015, with an annual production capacity of around 1 billion gallons. Brenco [...]
Daniel Englander
Is Miasole sputtering out? Dow Chemical announced Monday the company selected Global Solar as its CIGS module partner, replacing Miasole on the Solar America Initiative BIPV project. The Department of Energy gave Dow $9 million last spring to develop a “full line of cost effective PV Containing Building Products.” (pdf). Miasole was part of the [...]
Daniel Englander
Greentech has become big business for a variety of reasons: energy is a $6 trillion a year market, national security concerns pushing governments into creating sustainable domestic power supplies, and, of course, the need to develop non-polluting energy sources to stem global warming and climate change. This last reason is regarded as a factor uniting [...]