investment
Nobao Renewable Energy Holdings has secured $25 million USD for the deployment of its geothermal technology.
Nobao, a Chinese company, opened up a venture capital round, and found a willing financier in Tsing Capital. Tsing Capital's money will be used to fund projects which will implement Nobao's geothermal heat pumps.
Emami Biotech, a subsidiary of Emami Group (BOM:531162), will be launching a massive biofuel project in Ethiopia.
First Solar, Inc. (NASDAQ:FSLR) is spreading itself across the globe, and the company will be arriving in France, shortly.
Samsung Electronics (SEO) announced this week that it would be investing approximately $4.3 billion in green research and development and facilities. The Korean-based ele
Arrow Resources Development (OTC:ARWD), Four Crystal Funding (OTC:FCRS), and GTherm have partnered to develop and build 200 50-megawatt geothermal power plants in Indonesia.
Start-up solar company, Solaren has raised $600,000 from investors for its space-based solar power plant.
Another day, another funding announcement by the U.S. Department of Energy (DOE).
The DOE has announced it will deliver more than $47 million USD in funding for eight smart grid projects. This is another step towards modernizing America's electrical grid--a critical piece for delivering renewable energy to American consumers.
The largest onion processor in the United States, Gills Onions, now employs a biomass-to-energy system which will supply the plant with 40% of its energy needs.





