With more than nine years of reporting experience, Jennifer Kho has been covering green technology since 2004, when she started the cleantech beat at Red Herring magazine. She wrote for Red Herring until 2007, when she helped launch the Greentech Media site as its founding editor. She left Greentech Media in November. Her stories have appeared in such publications as The Wall Street Journal, Los Angeles Times and TheStreet.com. She also regularly contributes to Earth2Tech.
At a cleantech panel about business opportunities running up to the 2012 Olympics in London, Dallas Kachan, managing director for the Cleantech Group, said that the second quarter “looks a lot like the first quarter” for cleantech investing so far.
In other words, it’s still down from last year, but deals are still happening and money is still available, he said. “The amount of investment is not continuing to plummet; it’s stable,” Kachan said. “Some might say we’ve reached bottom.”
Google only announced its PowerMeter smart-meter platform in February (see our posts on the announcement here, here and here). But some startups are already chomping at the bit to access the platform.
In fact, two of the startups that presented at Earth2Tech’s Green:Net conference last week specifically said they are interested in using PowerMeter when it becomes available.
In October, The Wall Street Journal wrote that the company would be shipping its matchbook-sized fuel cells late this year. But now, the company — which is developing the cells for a range of consumer electronics, including cell phones and laptops — isn’t saying when its products will be commercially available, only that it plans to announce the timing this summer. Does that mean we can expect a delay?
Mouli Ramani, vice president for business development, tells me that’s not the case. When he spoke with the Journal, he was referring to a test-market launch with its partners, not a commercial launch that would make the fuel cells available to the general public, he says. In other words, don’t expect to be able to buy Lilliputian fuel cells at Best Buy this year.
A measure calling for 400 megawatts of solar power on city-owned property in Los Angeles has officially failed. After a final tally, the city clerk’s office announced Thursday evening that voters rejected Measure B by a narrow 1 percent margin, with “yes” votes trailing 2,644 votes behind the “no” votes.
The announcement ends more than two weeks of suspense. Voters went to the polls March 3, but the result of the solar measure remained too close to call as provisional, late and write-in ballots had to be carefully counted.
Think of the Czech Republic and you’re more likely to think of beer, castles or Kafka than solar power. But the Eastern European country is one of the world’s fastest-growing markets, says Jenny Chase, a senior associate with London-based research firm New Energy Finance.
The country installed 50.8 megawatts of solar power last year, up dramatically from only 3 megawatts in 2007, she says. The bulk of that capacity — 31.5 megawatts — got installed in December, which represented more than fivefold growth from the 5.81 megawatts installed in November.
If ecouture has its way, your home — and your closet — will soon be a lot greener. The San Francisco-based startup believes that consumers would buy far more eco-friendly clothing, gifts, baby products and décor if they could only find enough stylish and high-quality options.
Looking for a green job and wondering where they are? Well, as job hunters flood the usual suspects — such as solar and wind companies — with mountains of applications, you might have better luck finding your dream job in a more unexpected sector.
That’s the advice from Amy Vernetti, a managing director at headhunting firm Taylor Winfield. She says many of the green jobs are coming from areas that probably don’t leap to mind when you think of cleantech, such as companies developing fuel additives and air-filtration technologies. “These are hidden gems in the market,” she says, adding that some of them are “hiring like crazy.”
Last night was a long one for Los Angeles solar aficionados, and the wait’s not over yet. The fate of Measure B, which calls for the LA utility to install 400 megawatts of solar power on city-owned property, is still too close to call after Angelenos cast their ballots Tuesday.
At last count, the measure appeared to be on the verge of failing, with the “No” votes ahead by 1,322 votes — a narrow 0.6 percent — and only one precinct, with about 156 ballots, left unreported. But supporters still have a chance, as thousands of late, provisional and write-in ballots have yet to be tallied.
At stake is the only piece of Solar LA, an ambitious 1.3-gigawatt solar plan that newly reelected Mayor Antonio Villaraigosa unveiled in November, put to a public vote.
Principle Power got some hard-won validation for its floating offshore wind-turbine platforms this week when it signed a deal with European utility Energias de Portugal, the world’s fourth-largest wind producer. The agreement calls for the two companies to develop a three-part project off the coast of Portugal.
The news doesn’t come as much of surprise, as Seattle-based Principle Power previously had told me it was partnering with EDP. But the fact that the utility has selected Principle Power’s WindFloat platforms — and has decided to go forward with the project — is a win for the startup. It’s also evidence that utilities are continuing to pursue offshore-wind technology in spite of the recession (read more about offshore wind here, here and here). “Offshore wind is one of our key priorities,” EDP CEP Antonio Mexia said in the announcement.
MMA Renewable Ventures closed nearly $200 million in its third fund, the solar financer and developer said Tuesday.
The company, which finances and develops solar installations, raised the money last year and already spent the cash to create 20.6 megawatts of new solar-power projects throughout the United States. Those projects included a 2-megawatt system at the Denver International Airport, as well as installations for Macy’s Inc., Gap Inc., Florida Power & Light Co. and Lowe’s.
