Funding & Capital News
Gov. Ritter Announces New Energy
Economic Grants
The Governor unveiled $2.2 million in New Energy Economic Development (NEED) grants to 23 recipients across Colorado for renewable energy and energy efficiency projects, funding his office says will help create and retain jobs, strengthen local economies, and save money and energy.
26Aug2010 | admin | 0 comments | Continued
A Comeback for Fed-Funded Algae Fuel Research
ExxonMobil has been one of the largest cooperators/investors into algae-based biofuels, setting aside nearly $600 million dollars as of 2009. In their quest for alternative energy, they joined with Synthetic Genomics Inc., to research and develop next-generation biofuels produced from sunlight.
3Aug2010 | admin | 0 comments | Continued
Efficiency Bright Spot in Otherwise Deflated
Clean Energy Investment Market
As Nick Hodge of Green Chip Stocks points out, the crux of the problem is that if VCs and private equity fund managers don’t see a profitable exit, they aren’t going to lend money in the early rounds. Lower fossil fuel prices and uncertainty in the regulatory arena have exacerbated the problem.
7Jul2010 | admin | 0 comments | Continued
Abound Solar to Expand Payroll by 300+ Jobs Thanks to $400 Million in Federal Loan Guarantee
The manufacturer of thin-film solar panels says it will add that many jobs in coming months at its Longmont production facility — nearly doubling its employee base in the state, and tripling production lines.
4Jul2010 | admin | 1 comment | Continued
Renewable Trust Initiative Breaks Ground at Gala Launch
With an ambitious goal of raising $350 billion in clean energy investments through employee 401(k) and IRA plans, The Renewable Energy Trust Initiative (TREI) officially launched into action last Thursday at the offices of Patton Boggs.
21Jun2010 | admin | 0 comments | Continued
State Gets Close to $1M for Weatherization Job Training
The Colorado Governor’s Energy Office is receiving $963,000 in federal stimulus funds to expand weatherization training programs and establish a new training center in Denver. It is a partnership among the GEO, Saturn Resources Management, Red Rocks Community College and Pueblo CC.
7Jun2010 | admin | 0 comments | Continued
CCIA Gets $80K in Funding to Develop Cleantech Roadmap for Colorado
The intention is for the state plan to provide stakeholders with a detailed view into the strengths, weaknesses, opportunities and threats to Colorado’s internationally recognized cleantech cluster, while offering a 3-5 year actionable road map to continue expansion of the cleantech cluster.
3Jun2010 | admin | 0 comments | Continued
Ritter’s New Executive Orders Encourage
Venture Capital Investment
The first creates the “Investment Opportunity Index” on the Colorado Office of Economic Development’s website which will serve as a clearinghouse for potential investors and partners. The second order calls for the formation and quarterly meeting of a Roundtable on Venture Capital.
1Jun2010 | admin | 0 comments | Continued
Gevo Gets $10 Million Investment From Lanxess AG
The Englewood-based biofouels and biochemical firm began to produce biobutanol on a demonstration-scale in the second half of 2009, and expects to complete its first retrofit of an existing ethanol plant to biobutanol production by 2011.
29May2010 | admin | 0 comments | Continued
Clean Energy Financing Bill a Boon to Rural Counties
“Without the changes proposed in SB-100, it will be extremely difficult for Colorado’s smaller counties to offer this financing tool, denying their home and business owners access to the benefits this tool provides,” said the Governor.
18May2010 | admin | 0 comments | Continued
Federal Agencies Continue to Roll Out Renewable
Energy Funding
Although much of the media fanfare surrounding the 2009 stimulus bill has faded, federal agencies continue to offer new grant and loan programs that can provide significant financing assistance for renewable energy projects.
Here is an overview of the opportunities.
How Clean Tech Firms Can Maximize Funding Chances
Complimentary admission is being provided for the first five qualifying readers who email the sponsoring company at info@minellc.com and mention that you read about the Short Course in Colorado Energy News.
22Apr2010 | admin | 0 comments | Continued
Transportation, Energy Efficiency Dominate Q1 Cleantech Venture Capital Funding
The transportation sector led the way with a record $704 million, followed by significant investments in electric car and hybrid technologies. This sector stands to gain even more acclerated VC funding after Thursday’s vehicle fuel standards announcement by the Obama Administration.
1Apr2010 | admin | 0 comments | Continued
Heavy-Hitters From Finance Industry Behind State’s Largest PV Project
MetLife and John Hancock Financial Services are financing the construction and ownership of the 19-MW solar power plant for Xcel Energy in Alamosa County, with contracting being performed by California-based SunPower Corp.
25Mar2010 | admin | 0 comments | Continued
Denver Economic Development Office Sees Stronger Energy Markets for 2010
This year is shaping up to be a much better one for energy markets in the Denver metro area, according to analysts who predict energy trends will strengthen. They base their positive outlook on data compiled by the Metro Denver Economic Development Corporation.
9Feb2010 | admin | 0 comments | Continued
The DOE Loan Guarantee Program: Too Little Too Late?
The hitch, as always, is in how the government has implemented this program. Indeed, since the first round of loan guarantee solicitations in 2006, only one project has been awarded a loan guarantee. DOE’s cumbersome and slow application process has created huge backlogs of project proposals.
26Jan2010 | admin | 0 comments | Continued-
Why is Dirty Energy Still So Cheap?
The clean tech sector has experienced remarkable success in the past few years, yet there still remains one huge roadblock from mass implementation – cheap fossil fuels. Some may think this is simply a matter of free-market capitalism at work. The real truth is that petroleum and coal industries continue to receive massive subsidies from governments around the world, while renewable energy firms receive only a small fraction of that amount.
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shannon,
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