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.
The U.S. solar industry is banding together to fend off an onslaught of global competition, and to lower the cost of manufacturing solar technology domestically. To make it happen, the newly formed U.S. Photovoltaic Manufacturing Consortium (PVMC) secured a $57.5 million federal grant from the Department of Energy Sunshot Initiative, along with financial commitments totaling $400 million from… → Read More
According to a report out today from Ernst & Young and Dow Jones VentureSource, American venture capitalists invested 54 percent more, by dollar amount, in cleantech companies for the first quarter in 2011 versus the same period last year. The sector attracted $1.14 billion for the quarter up from $743.3 million in Q1 2010. The number of deals attracting venture capital in the sector declined… → Read More
The National Renewable Energy Labratory (NREL) recently tested thin-film solar modules made by MiaSolé, and verified that their energy conversion efficiency rate hit 15.7 percent, up from 14.3 percent last year.
Solar City, a company that designs, installs, and leases out solar power systems to home and business owners, announced that it will bring renewable electricity to some 30 Wal-Mart stores in California and Arizona.
Chief executive and founder of Solar City, Lyndon Rive [pronounced like “five”] spoke with TechCrunch about helping Wal-Mart go greener, what his company looks for in solar… → Read More