Archive for the ‘business’ Category

New Cycle Capital, Draper Fisher Jurvetson Invest $12.2 Million in PACE Solar Renewable Funding

Renewable Funding’s PACE (Property Assessed Clean Energy) solar funding, begun by Cisco DeVries with Berkeley First was a breakthrough in making solar affordable. Now VC high-flyers Draper Fisher Jurvetson, New Cycle Capital, and RWE Ventures have just invested $12.2 million in a first round of financing to make this sober and sensible solar funding available to more homeowners.

Renewable Funding is a business in the Common Good. And it could be big too. There’s potentially a gigaton of greenhouse gas reductions to be made, at no cost to local, state, or federal governments from a $280 billion potential market in PACE solar funding in the US, acording to a UC Berkeley study published in Environment Magazine.
Read the rest of this entry »

China Forgets “China-Only Wind Turbines” Policy, but Why?


A couple weeks ago, I wrote about China’s new policy to focus on buying (almost entirely) “China-grown” wind turbines and wind turbine technologies with Chinese patents. That policy wasn’t a big hit internationally and China is back-tracking.

However, is it changing its stance out of international moral pressure or a major financial incentive (recent deal) in the US? And who is to benefit the most from this shift?
Read the rest of this entry »

DESERTEC $555 Billion Renewable Energy Project Moving Forward


The huge project to build a $555 billion renewable energy “belt” in the Middle East and North Africa (MENA) region, funded largely by German companies, moved another step forward a few days ago.

The articles of association for the DESERTEC Industrial Initiative (DII) were signed by the joint venture group of 12 companies and the DESERTEC Foundation in Munich on October 30.

Additionally, a CEO for DII was appointed — Paul van Son.
Read the rest of this entry »

Spanish Solar Company SOLARIG Building 8 PV Parks in Italy


SOLARIG, a company based in Spain that incorporated about four years ago, just began construction of eight photovoltaic parks in Italy this month. The parks will provide 8 MW of energy in total. Over the next few months, it plans to construct photovoltaic projects producing 30 MW throughout different regions of Italy.

But this is just the beginning. SOLARIG has a more global vision.
Read the rest of this entry »

Try Adobe Acrobat Connect Pro Now to Help Green Your Company and US Schools

Have you ever done the math on commuting to work? Telecommuting saves money, it’s a fact. Yet most folks are fearful of stepping out of the in-person environment. Luckily the barriers have been broken by Adobe as their new Acrobat Connect Pro software has video, audio, and interactivity that create an almost in-person experience for meeting attendees.

In addition, Adobe Acrobat Connect Pro online meeting software is now offering a free trial and every time someone signs up they donate twenty-five dollars to help a school go green. In fact, Adobe has partnered with the U.S. Green Building Council and the mayors of Boston, Chicago, and San Francisco to help schools go green in their communities. Each city will receive up to $100,000 to create classrooms that foster learning alongside smart environmental practices. Read the rest of this entry »

Oceanworks Plan to Build San Diego Airport on the Pacific Ocean


OceanWorksDevelopment; a group of 40 architects and planners has come up with a pretty wild and grandiose (or brilliant and visionary) solution to San Diego’s siting problems for its much needed new airport. Float the entire thing off-shore.

How serious are they? In a legally unprecedented move, OceanWorks CEO Adam Englund has booked the 40,000 square mile space on the Pacific with this claim holding “airport rights”.
Read the rest of this entry »

Kite Power Harnesses Unspooling Motion For Energy


Here’s a radical perspective change for wind power. Instead of harnessing wind power to turn blades tethered to a pole, the KiteGen simply harnesses that rapid unspooling motion of kites reeling out as they release upwards.
Read the rest of this entry »

7 African Countries to Get Utility-Scale Solar?

California-based eSolar has just announced that it is expanding into southern Africa now. It has partnered with Johannesburg-based Clean Energy Solutions (CES) to create “eSolarSA” which will sell its concentrating solar power technology throughout Sub-Saharan Africa.

Read the rest of this entry »

China Wants China-Grown Wind Turbines, for Itself and Europe

Big shifts seem to be stirring in the wind turbine market. Foreign companies are backing out of China due to China’s move to use more home-grown technology. At the same time, China is looking to expand its wind turbine sales into Europe.

Read the rest of this entry »

How Fort Irwin Just Signed The Largest Solar Farm in Dept of Defense History: 1,000 MW


In a win-wIn move for the US Army and the USA, a mutually beneficial financing arrangement was signed this week between the US Army and a new partnership (”Irwin Energy Security Partners LLC”) comprising Clark Energy Group and multinational solar power giant Acciona. By using Enhanced Use Leasing they can now not only finance the solar project for Fort Irwin, but double the size to 1,000 megawatts.

The solution they came to this week provides a model for how to get around the difficulties encountered by utility scale solar companies in getting past NIMBY opposition and other roadblocks to developing big solar in the desert.


Read the rest of this entry »