Continuing its strategy of using its cash to kickstart renewable energy businesses, Google is now backing the largest U.S. offshore wind farm project to date. The Atlantic Wind Connection is a proposed string of offshore wind turbines that will stretch 350 miles off the Atlantic coast from Virginia to New Jersey. Once completed, the project will produce 6,000 megawatts of power, which is… → Read More
Power Assure, a Santa Clara green IT company, today announced that it scored $11.25 million in series B funding. The round was led by energy efficiency-focused investors Good Energies, and joined by Point Judith Capital and Draper Fisher Jurvetson.
Power Assure’s chief technology officer Clemens Pfeiffer said the company will use this capital to take its technology to a broader market. Its… → Read More