June 15th, 2011

It's Official! Oil And Gas Giant Total Now Owns $1.3 Billion Controlling Stake In SunPower

Total, the fossil fuels giant, just gave itself a renewable energy makeover by finishing up its $1.3 billion purchase of a majority stake in SunPower, the San Jose, Calif.-based designer and manufacturer of solar panels and systems.

Let’s put the scope of the Total-SunPower deal in perspective. According to research by the Cleantech Group and Deloitte, for all of 2010, venture investments in… → Read More

April 11th, 2011

BrightSource Nabs $168 Million From Google To Develop Ivanpah Solar Power Plant In The Mojave

Developers of large-scale, solar power plants BrightSource Energy Inc. closed another $168 million investment, the company announced today — this time from Google corporate. The funds will go towards the completion of the humongous, Ivanpah solar power tower plant in the Mojave Desert now under construction.

Three years ago, Google.org invested $10 million, and took an equity stake in… → Read More

October 14th, 2010

2010 Global Cleantech 100 List Dominated By American And Energy Efficiency Businesses

The Cleantech Group LLC in conjunction with the UK’s Guardian News and Media, released their second annual Global Cleantech 100 list on Wednesday. The rankings recognize private, for-profit, independent cleantech companies that are most likely to make a significant, global market impact over the next five to ten years.

This year, 3,138 qualifying companies were nominated…Fifty-five percent of… → Read More

October 12th, 2010

Solar Electricity To Power 200,000 U.S. Homes By End of 2010

Solar is likely to surpass one gigawatt of installed, power-generating capacity this year in the U.S. — that’s enough capacity to power 200,000 homes — according to a report released today by the Solar Energy Industries Association and GreenTech Media Research.

The researchers believe that photovoltaic (PV) and concentrating solar power (CSP) installations in the states are on the rise thanks… → Read More