Follow the Green Money: 1366 Tech. Gets $5.15 Million, Coulomb Tech. Secures $14 Million, Vulcan Power Receives $108 Million
Based in Lexington, MA, solar start-up 1366 Technologies has secured $5.15 million in venture capital funding.
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Based in San Jose, CA, Biofuel Box has secured $5.2 million in venture capital funding to continue producing its modular refineries to capture the grease from restaurant grease trap waste water and turn it into biofuel.
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WoodPellets.com (based in Goffstown NH) has secured $11 million to continue development and expansion.
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The Department of Energy has set aside $750 million for loan guarantees for companies building renewable energy generation projects such as solar and wind. With these loan guarantees companies are more likely to obtain the loans of $4 to $8 billion they need to build new these large scale projects.
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RecycleBank (based in Philadelphia, PA) has secured $28.25 million to expand their incentives for curbside residential recycling.
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The Departments of Energy and Agriculture together have announced awards totaling $24 million for companies and universities to research and develop technologies in biomass with the goal to make bioenergy more efficient, sustainable and cost-efficient. Arizona based ECOtality has secured $15.5 million in equity financing for their electric vehicle...
Khosla Ventures , a clean tech venture capital fund, has increased the size of its fund from $1 billion to $1 billion 300 million.
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Fallbrook Technologies , based in San Diego, CA, has filed for a $50 million initial public offering (IPO).
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According to Green Tech Media , 2009 was the second best year for venture capital funded green/clean start-ups.
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Together the Department of Energy and six other government agencies have announced a $130 million fund aimed at improving building efficiency. A portion of the fund will be used to create a research center to develop building efficiency technologies and implement them with local partners in area buildings. In solar news, Areva has purchased solar...
As part of the smart grid funding package, Honeywell (based in Morristown, NJ) has been awarded $11.4 million from the Department of Energy. Honeywell will develop technology for commercial buildings that will reduce power usage during high demand summer periods.
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