Funding & Capital News

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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.

25Feb2010 | admin | 0 comments | Continued
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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
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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
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A Look at the Upcoming Recovery Act New Energy Grants

Beginning this month, the energy office is posting a wide variety of grant opportunities designed to increase the energy efficiency of homes, schools and other buildings as well as increase the supply of energy from renewable resources and clean-burning natural gas.

26Jan2010 | admin | 0 comments | Continued
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Clean Tech Open Post Script — How the Competition Prepared Startups for the Real World

Start with the business plan. In the Cleantech Open, entrepreneurs had a hard time understanding how to structure the financing - whether the money is debt or equity, how much of the company is being sold - and how to put together the presentation.

24Jan2010 | admin | 0 comments | Continued
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State Gets $6 Million for Green Jobs Training

Senators Mark Udall and Michael Bennet announced in a joint statement on Wednesday that the funds originate from the U.S. Department of Labor under its State Energy Sector Partnership and Training Grants program.

21Jan2010 | admin | 0 comments | Continued
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Abound Solar Gets $12.6 Million Tax Credit from DOE

Loveland-based Abound Solar Inc., a manufacturer of thin-film photovoltaic solar panels, will receive a $12.6 million tax credit from the U.S. Department of Energy for additional manufacturing capacity at its factory near Longmont.

20Jan2010 | admin | 0 comments | Continued
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The Gold Standard
Government Grants Leading Cleantech Astray

While the government has long had a role in advancing basic R&D, the concept that the U.S. will jump-start, let alone build, a sustainable energy economy through government handouts for implementation of manufacturing plants, production facilities or enhanced utility grids is, quite simply, ludicrous.

19Jan2010 | admin | 1 comment | Continued
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Tax Credit Scoreboard for Colorado Cleantech Companies

The tax credits are going to a pair of Vestas plants in Brighton and Pueblo; Hexcel Corp. in Windsor; Abound Solar in Longmont, Advanced Energy Industries in Fort Collins; Denver-based Coolerado Corporation and ReflecTech in Arvada.

15Jan2010 | admin | 0 comments | Continued
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CSU, Solix Part of $44M Consortium Announced by Sec. Chu

While ultimate deployment success of the algae-to-oil market remains an iffy proposition, that isn’t stopping Colorado State and Solix from making news as the only Colorado-based entities in the collaboration, which is also the only DOE-funded consortium to focus solely on algae.

14Jan2010 | admin | 0 comments | Continued
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Re-Caping the NEED Grants: Who Gets the Green

Here are the details on the 14 New Energy Economic Development (NEED) grants that Gov. Ritter recently announcedl will be going to recipients across Colorado for renewable energy and energy efficiency projects.

15Dec2009 | admin | 0 comments | Continued
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Biofuels Beat —
Rentech and ZeaChem Get Fed Funding

Two bio-refining companies with Colorado connections will receive new funding from the federal stimulus program, according to an announcement by the DOE. Lakewood-based ZeaChem Inc. is receiving $25 million for an Oregon biofuels project, and Rentech is part of a $23 million biorefinery project here.

7Dec2009 | admin | 0 comments | Continued
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Funding Recap –
Eight Colorado Startups Get Energy Grants

In case you missed the announcement over the Thanksgiving Holiday, eight nascent Colorado companies working on clean technology applications have won a total of $1.5 million in U.S. Department of Energy grants. Here are the winners –

2Dec2009 | admin | 0 comments | Continued
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$99.9 Million in ARRA Funding to
Colorado Wind Farm

The award to NextEra Energy Resources will be given in lieu of a production tax credit, according to a release announcing the funds from Congresswoman Betsy Markey’s office. The company lists three Logan County projects in its portfolio, totaling 574 megawatts of generating capacity.

23Nov2009 | admin | 0 comments | Continued
  • Colorado is NOT Arizona

    His critics will never acknowledge it, but executive leadership like the kind provided by Colorado’s governor can make a critical difference in a state’s economic well-being, even in the depths of a severe recession. Think we’re overstating the case? Take a look at what recently took place in Arizona, a state never known for consistent legislative policy-making.

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