• Oracle scoops up cloud utilities solution Opower for $532 million

    Oracle scoops up cloud utilities solution Opower for $532 million

    Last week Oracle bought Textura for $663 million, giving the database giant a vertical construction solution in the cloud. Today it bought Opower for $532 million giving it a vertical utilities cloud solution. I can’t be sure, but I think I see a pattern here. Opower provides cloud data solutions for the utilities industry. What that means in practice is that it gathers data from… Read More

  • Tom Scaramellino on Efficiency 2.0

    Could Efficiency 2.0 Eclipse Solar? CEO Tom Scarmellino Thinks So (TCTV)

    The founder of Efficiency 2.0, Tom Scarmellino, sat down with TechCrunchTV this week to talk about how his company motivates consumers to curb their power-hogging behavior at home, and what kind of impact that makes from an environmental perspective. A New York City cleantech company, Efficiency 2.0 runs loyalty rewards programs on behalf of its clients, big electric companies that are… Read More

  • Survey: 36% Of U.S. Adults "Not Concerned" With Electronics Power Consumption

    Adults in the U.S. could use a little more education on economics and physics, it seems. We’re not drawing the connection between power consumed by our electronics and the cost of our electric bills. A new survey from the Consumer Electronics Association found thirty six percent of adults in the U.S. are “not concerned” with the amount of power consumed by their gadgets, gear… Read More

  • Recyclebank's CEO Jonathan Hsu On New Site, Rewarding Green Behavior Beyond The Bin

    Recyclebank — a loyalty rewards program that encourages people to lower the environmental impact of their lifestyles, for example, by recycling more and tossing less — introduced a redesigned website and mobile apps, and began offering new services to customers and partners on Monday. Chief executive of Recyclebank, Jonathan Hsu, said some of the new features he’s excited… Read More

  • OPower Gets $50 Million To Drive Energy Efficiency Via Peer Pressure

    The Arlington, Va. clean tech startup, OPower, closed a $50 million series C investment led by Accel Partners and Kleiner Perkins Caulfield & Byers (KPCB) and joined by the company’s earlier investors New Enterprise Associates (NEA) the firms announced Monday. OPower’s software-as-a-service helps electric and gas utilities understand who their residential energy consumers are… Read More

  • GE Invests In Makers Of Solar-Powered Air Conditioners, And Eleven Others

    At a conference held by General Electric (GE) this morning in New York, chief executive Jeff Immelt revealed his company’s plans to invest $45 million in twelve digital energy, or smart-grid related companies— the first of several investments planned through the company’s Ecomagination business competition. The newly funded entities include: ClimateWell, Consert, FMC-Tech, Ltd. Read More

  • eMeter Smart Grid Software Company Raises $12.5 Million

    Smart Grid management software producer eMeter announced a $12.5 million Series F round of funding today. The investment comes from Sequoia Capital and Foundation Capital, who have both invested in the company previously, along with Northgate Capital. The company was founded in 1999 and has raised nearly $70 million in funding. eMeter works with more than a dozen electric, gas and water… Read More

  • OPower to Expand to West Coast, Names iLike Founder Hadi Partovi to Advisory Board

    Energy efficiency tracking company OPOWER added Hadi Partovi to its Technology Advisory Board and will open new offices in San Francisco next month. The Arlington, VA based company’s 10,000 square foot office in San Francisco’s South Park neighborhood will have room for between 75 and 100 employees, a large part of which will be engineers. “We signed a two-year sublease… Read More