Cleantech and Venture Capital week in review

 Solexel, a thin-silicon solar cell and module builder, raised $31 million in a Round D of funding New investor GAF, a large roofing materials manufacturer, joined Solexel’s current roster of investors, which includes SunPower, KPCB, Technology Partners, DAG Ventures, Gentry Ventures, Northgate Capital, GSV Capital, Jasper Ridge Partners, and Spirox. The funds will be used to begin commercial … [Read more...]

Two new reports show clean energy investment growing again

Two new reports signal that the clean energy sector is growing again at a strong pace. New investment totaled $66.2 billion in the second quarter this year, an eight percent increase from the same period in 2013, according to Clean Energy Pipeline (CEP). Bloomberg New Energy Finance (BNEF) found that global investment in the sector increased to $63.6 billion in the second quarter. This estimate … [Read more...]

Cleantech and Venture Capital week in review

Mosaic Inc., the operator of a peer-to-peer online financing platform for solar panels, is working with Enphase Energy Inc. (ENPH) to package its loans with a maintenance agreement. Mosaic's new loan product, packaged with Enphase O&M services, is expected to fulfill at least $100 million in loan volume with this new market initiative over the next 18 months.It is also a “significant step … [Read more...]

Cleantech and Venture Capital week in review

  EnergySavvy, a provider of energy efficiency cloud software to utilities and state programs, has closed its previously-disclosed funding round with $8.25 million in total funding. Backers include EnerTech Capital, El Dorado Investment Holding Co., Prelude Ventures and Pivotal Investments. Customers of EnergySavvy’s online tools include Puget Sound Energy, New Jersey Natural Gas and … [Read more...]

New report hopes to persuade politicians and CEOs of dire economic risks of climate change

According to a highly anticipated new report, the economic risks from unabated climate change far outweigh the costs of mitigation. The bipartisan report, Risky Business, could be an eye opener for CEO’s of businesses across the country, and certainly CEO’s on Wall St. Former Treasury Secretary and Goldman Sachs CEO Hank Paulson, who co-chairs the project with former hedge fund manager Tom Steyer … [Read more...]