New McKinsey report discusses disruptive power of solar

Solar’s Disruptive Potential Discussed In McKinsey Report (via Clean Technica) For a variety of reasons, solar companies have had a hard time profit-wise in recent years. However, that doesn’t mean their sales haven’t been growing. The solar market has grown in size year after year, and for the companies that squeezed through… … [Read more...]

Investment bank believes Tesla might not be the car company of the future; it might just be the future

Photo of Tesla Model S courtesy of Greenautoblog.com

“Tesla’s quest to disrupt a trillion $ car industry offers an adjacent opportunity to disrupt a trillion $ electric utility industry. If it can be a leader in commercializing battery packs, investors may never look at Tesla the same way again.” “Might we one day look back at Tesla’s humble beginnings as simply a car maker much as Amazon began as a book seller?” These two quotes come from a … [Read more...]

Finding a green dividend yield

Finding Green Dividend Yield (via Solar Feeds) In the vexing world of low interest rates that we now live in, a promising realm is opening up to alternative energy investors. Two recent IPOs have broadened the dividend investment field for green investors, Hannon Armstrong Sustainable Infrastructure… … [Read more...]

Venture Capital and Cleantech weekly update

OPower, a provider of energy efficiency and smart grid software, has filed a confidential draft IPO registration, according to The Wall Street Journal. Morgan Stanley and Goldman Sachs have been picked to lead the offering. OPower has raised over $65 million in VC funding from firms like New Enterprise Associates, Accel Partners and Kleiner Perkins Caufield & Byers. Opower’s confidential … [Read more...]

Growth of the solar industry provides momentum for innovative ways to reduce cost of capital

Solar companies have been in the news a lot lately because of their booming share prices, but solar is making even more headlines to begin 2014 due to a spate of recent innovative financial deals. As solar companies are continually looking for ways to lower their costs of capital, many are using increasingly innovative ways to raise capital, including bond issues, bank loans and even … [Read more...]

Venture Capital and Cleantech weekly update

Google (GOOG) is acquiring Nest, a connected device company, for $3.2 billion. Nest has been offering its best-selling smart thermostat since 2011 and recently began offering the Protect smoke alarm, which networks with its other devices. “They’re already delivering amazing products you can buy right now–thermostats that save energy and smoke/CO alarms that can help keep your family safe,” said … [Read more...]

2013: The Year in Cleantech Finance

Despite what you might hear from 60 Minutes, there was plenty of good news for the cleantech sector in 2013 and the sector is far from suffering a ‘crash’.  While overall investment in the sector is far below what is needed to respond to the threat of climate change, there are signs that businesses, consumers, and governments are moving toward a growing understanding of the risks of climate change … [Read more...]

US Consumer Support For Clean Energy At Highest Level Since 2010

US Consumer Support For Clean Energy At Highest Level Since 2010 (via Clean Technica) Consumer attitudes toward clean energy technologies in America rebounded strongly in 2013 to reach their highest levels since 2010, countering several years of declines in favorability ratings between 2009-2012. This good news comes from Navigant Research… … [Read more...]

Venture Capital and Cleantech weekly update

Nest Labs, the developer of a smart thermostat and most recently, smart smoke alarm, is reportedly close to completing a funding round that values the company at more than $2 billion. Nest is close to closing a venture round led by Russian investor Yuri Milner’s DST Global investment firm worth at least $150 million, according to a report from Re/code. Current investors include Kleiner Perkins, … [Read more...]

Venture Capital and Cleantech weekly update

Gevo (GEVO), a renewable chemicals and advanced biofuels company, received $22.6 million from Total Energy Ventures, Khosla Ventures, Virgin Green Fund, and Malaysian Life Sciences Capital Fund (MLSCF) Portion of the investments will be used to repay the company's $5.1 million outstanding long-term debt obligations.   Transphorm, a developer of power conversion technology, received … [Read more...]