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 1st, 2011

Agilyx Raises $22 Million To Turn Plastics (Back) Into Oil

A Portland area startup selling patented systems that turn plastic trash into synthetic crude oil, Agilyx, closed a $22 million series B round, the company revealed on Thursday. The systems (image below) look like the kind of equipment you’d see in a brewery.

Here’s how they work, according to the company website: Plastic feedstock, a mix of everything from grocery bags to vehicle dashboards and… → Read More