Massachusetts
According to a new report by Ernst & Young, U.S. venture capital (VC) investments in cleantech rose by 73 percent, to $1.1 billion, in the third quarter of 2011, in spite of a global slowdown in investment in most other business venues -- with the notable exception of Internet ventures and health care.
On October 30, 2011, Beacon Power Corp. (NCM: BCON) filed a voluntary petition in the United States Bankruptcy Court for the District of Delaware seeking relief under the provisions of Chapter 11 of the United States Bankruptcy Code.
The city of New Bedford, Mass., has announced plans to install solar panels at up to 20 city properties—schools, municipal buildings and land parcels—as part of an initiative that will ultimately generate 10 megawatts of electricity, enough to power about 1,500 homes.
The American Council for an Energy-Efficient Economy (ACEEE) has released its fifth annual State Energy Efficiency Scorecard, which ranks all 50 U.S. states for their various energy-efficiency programs and policies.
Touted when first announced in January of 2010 as “likely to create hundreds of jobs”, the world’s largest wood pellet plant – a joint effort between German firm RWE Innogy (ETR:RWE) and Swedish firm BMC – cost $170 million to build and occupies about 300 acres in the Waycross (Georgia) Industrial Park. RWE Innogy delivers renewable energy in Europe. BMC is a project and technology development company vested in wood-based biomass.
Solar panel manufacturer Evergreen Solar, Inc. (NASDAQ: ESLR) (NASDAQ: ESLRD), based in Marlboro, Massachusetts, said yesterday it was closing its nearby Devens manufacturer plant and laying off 800 employees by the end Q1 2011 because it can’t compete with low-cost Chinese manufacturers.
U.S. Vice President Joe Biden and Dept. of Energy (DOE) Secretary Steven Chu recently announced the beginning of a program aimed at helping consumers save energy and money.
Northeast Utilities (NYSE: NU) announced its purchase of NStar (NYSE:NST) joining forces in a merger creating the largest utility in New England.
The American Council for an Energy-Efficient Economy's 2010 State Energy Efficiency Scorecard shows the United States took major strides in energy efficiency this year, despite failing to pass new energy policy.
A new report this month, under the auspices of the Center for American Progress – a nonprofit, nonpartisan think tank – and Energy Resource Management Corp. (an energy investment firm), states that energy efficiency is one of the most promising paths to jumpstarting the faltering economy and creating jobs.
