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Clean Technology

Raj Prabhu

Mercom Capital Group Reports Solar Q2 2014 Funding and M&A Activity: $6.3 Billion in Total Corporate Funding; $432 Million in VC Funding; $1.3 Billion in Third-Party Funds

Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report today on second quarter funding and mergers and acquisitions (M&A) activity for the solar sector in 2014.

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Philadelphia Energy Solutions

How ‘Big Corn’ lost the ethanol battle to Philadelphia refiners: Reuters

Six months ago the U.S. oil industry scored a surprise win against farm groups when the Obama administration proposed slashing the amount of ethanol refiners must blend into gasoline, a move that could save them billions of dollars.

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Tesla Motors

Tesla hiring workers for second California facility

Tesla Motors quietly secured permits to modify a former Chrysler facility in California and is hiring 32 workers for the said facility, according to a Bloomberg report published last week.

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Geostellar

US solar marketplace Geostellar secures $1M through equity crowdfunding

Reston, US-based online solar marketplace Geostellar secured $1 million through equity crowdfunding on the Return on Change platform to upgrade its business model and employ salespeople who will promote its services to US homeowners.

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European Union

Djibouti receives $11 million grant from the European Union

Djibouti has received $11 million grant from the European Union to help the country in looking for ways to solve the current problem in potable water and its scarcity of supply.

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Ambri Inc

American firm Ambri raises $15M in funding to store renewable energy

Cambridge, Massachusetts-based clean tech firm Ambri Inc raised $15 million in a new funding round from KLP Enterprise, Building Insurance Bern, and other investors to find a way to store renewable energy for grid operators.

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Little Sun

Bloomberg Philanthropies funded Little Sun with $5 million investment

Bloomberg Philanthropies invested $5 million in solar powered Little Sun to give those populations in the African region less expensive, clean light from the kerosene lamps they have been using.

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3D Printing

Seattle entrepreneur to crowdfund 3D printing machine that uses recycled plastic as ink

Seattle, US-based entrepreneur Liz Havlin is set to launch a crowdfunding campaign via Kickstarter to raise $30,000 to develop a 3D printer called the Legacy that uses recycled colored plastic as ink.

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Newlight Technologies

US firm Newlight Technologies pockets $9.2M in Series C round to turn greenhouse gases into low-cost plastics

Irvine, California-based firm Newlight Technologies pocketed $9.2 million in its third funding round to create low-costs plastics from greenhouse gases in a bid to help address climate change.

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Wind farm

International Finance Corp shells out $25.8M for wind farm in Pakistan

The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.

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LanzaTech New Zealand Ltd

US-based cleantech firm LanzaTech lands $60M in Series D round to clean up toxic gasses

Illinois, US-based cleantech firm LanzaTech landed $60 million in a Series D funding round led by Mitsui & Co LTD to convert toxic factory gases into renewable fuel.

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Cubility

Triton funds ink deal to purchase Norway-based oil services firm Cubility from Energy Ventures

Cubility, the maker of MudCube, has been bought by funds advised by Triton from Energy Ventures for an undisclosed price tag, a statement about the acquisition said.

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Intelligent Energy Holdings

Singapore's sovereign wealth fund GIC backs Intelligent Energy Holdings with $63M

GIC, a sovereign wealth fund in Singapore that manages its foreign reserves, has supported UK-based Intelligent Energy Holdings with $63 million, a statement about the funding said.

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US Department of  Energy (DOE).

US Energy Department awards $17M to clean energy businesses

The US Office of Energy Efficiency and Renewable Energy (EERE) awarded $17 million to clean energy businesses across 13 states to tackle the big problem of energy consumption.

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Climate Change

White House encourages data scientists to help with climate change initiative

The White House has made government data available to developers and researchers that will help them come up with simulations and help it in its efforts to prepare cities for climate change, TechCrunch reported.

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