Archive for July, 2009

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Cleantech VC Investment Jumps in Q2 —
Colorado Firms in Top 5 of New Energy Deals

Boulder-based Tendril, a manufacture of smart grid software, received $30 million in funding; and alternative fuels producer, Gevo in Englewood, was the recipient of $40 million. The deals put both start-ups in the top five reported venture-capital funding transactions nationwide for clean energy in the second quarter.

31Jul2009 | admin | 0 comments | Continued
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Commentary –
Vestas Closes British Wind Plant, Expands to Colorado

Vestas will move its operation to Colorado because the U.S. market is much bigger and more vibrant – and will go head to head with General Electric and Mitsubishi to take advantage of Barack Obama’s program to subsidize wind farms as well as state-based utility clean energy mandates.

31Jul2009 | admin | 1 comment | Continued
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In the Oil Patch, Optimism Takes Hold

Oil and gas drilling in the U.S. has begun the crawl slowly out of the hole it fell into over the last year. With the Dow Jones index struggling above 9000, the housing market showing signs of recovery, and oil prices creeping upward, the rig count by energy industry Baker Hughes Inc. hit 943 last week.

30Jul2009 | admin | 0 comments | Continued
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TechWatch –
NREL’s Research Tool Aims to Reduce PV Cost

Thin film technologies are spurring innovative new solar applications, such as modules that double as roof shingles, and semi-transparent modules that can be integrated into building walls or roofs. It has the potential to dramatically increase the generation of clean electricity.

29Jul2009 | admin | 0 comments | Continued
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GEO’s State Energy Plan Approved by Feds –
Plante Updates Funding Progress

“Now that we have received plan approval from the DOE and they have released 50% of our funding, we will have Requests for Proposals (RFP) and grant applications coming out quickly, and our first round of NEED grants should be announced by next week,” says the Director of the Governor’s Energy Office

29Jul2009 | admin | 0 comments | Continued
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Mountain News Round-Up –

>> Rio Blanco County Stands By Energy Fees
>> Holy Cross Energy Adds More Solar Funds
>> Vail Resorts Exceeds Energy Use Reduction Goal
>> Smart Meters Come to Some Aspen Homeowners
>> Gunnison County Gas Case Creates Intrique

29Jul2009 | admin | 0 comments | Continued
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Solix Biofuels Flips Switch on Production Facility
at Coyote Gulch

The spin-off from CSU uses algae to produce liquid fuel for use in airplanes and diesel trucks. Its Coyote Gulch Demonstration Facility near Durango is expected to be producing the equivalent of 3,000 gallons per acre, per year of algal oil by late 2009.

28Jul2009 | admin | 1 comment | Continued
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Colorado’s Share of $162 Million in ARRA Energy Funding

The Governor’s Energy Office will provide a suite of products aimed at removing financial barriers to rapid deployment of renewable energy and energy-efficiency initiatives, including offering access to short-term and intermediate low-cost capital for projects.

28Jul2009 | admin | 0 comments | Continued
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Prolonged Downturn Could Mean Mergers and Buyouts
in O&G Services Industry

Colorado’s Western Slope and Weld County could be impacted even further by job losses if the oil and gas services industry consolidates because of a continued depressed market.

27Jul2009 | admin | 0 comments | Continued
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Xcel Fee Proposal Slammed by State’s
Solar Industry

“This is something that’s not happening anywhere in the country,” said Namaste’s Blake Jones, about the 2.6 cents per kilowatt hour fee proposal. ” This is not part of the vision we have for Colorado’s new energy economy.”

27Jul2009 | admin | 3 comments | Continued
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Mining Headlines From the Week

>> Newmont Reports Major Q2 Profit Dip
>> Colorado Production Depends on Recovery Says CEO
>> West Elk Owner Arch Coal Reports 2nd Quarter Loss
>> West Slope Mines Working on Methane Gas Capture

24Jul2009 | admin | 0 comments | Continued
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State Charges Oil and Gas Promoters
with Securities Violations

Colorado Securities Commissioner Fred Joseph announced Thursday that a handful of businesses, a lawyer and eight people have been charged with violating Colorado securities laws in connection with marketing and promoting oil and gas well drilling operations.

24Jul2009 | admin | 0 comments | Continued
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Inventors Banking on Small Scale Renewables

Tomorrow night they’ll be auctioning off their patented idea for installing small renewable power stations — wind, solar and geothermal — along public rights of way nationwide, including in Colorado.

23Jul2009 | admin | 0 comments | Continued
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