Category Archives: Greentech Media
Greentech Media is an integrated online media company designed to deliver the highest-quality content in the industry, whether it is research, news or critical networking events. Greentech Media is headquartered in Cambridge, Mass., with operations in New York City, San Francisco and Munich.
SolarCity Raises $500M
SolarCity (Nasdaq: SCTY), a provider of distributed energy, just announced a $500 million lease financing agreement with Goldman Sachs (NYSE: GS). That translates to more than 100 megawatts of solar power. The combined lease is the largest of its kind for U.S. residential rooftops. SolarCity allows consumers to get electricity from grid-tied solar rooftops at [...]
NextEra Gobbles Up Smart Energy Capital
NextEra Energy Resources, has acquired Smart Energy Capital, a commercial solar project developer with more than 75 megawatts of PV deployed across a number of states, according to sources close to the deal. Smart Energy Capital and NextEra have confirmed the transaction. Financial details were not disclosed. Parent company NextEra (NYSE: NEE) is a profitable [...]
Bloom Energy Raises Another $130M
Fuel cell “startup” Bloom Energy just raised $130 million more in venture capital, according to a scoop from Fortune. That takes the VC funding to beyond $1.1 billion for this firm and makes it one of the all-time leaders in VC funding. Along with Fisker and Solyndra — not exactly great company. According to [...]
Apple Discusses their Energy Efficiency Efforts
You don’t see Apple Inc. employees speaking at very many events, other than their own product launches. So hearing from Apple’s Energy Manager at Friday’s SVLG Sustainability Summit was an event conspicuous by its lonesomeness. Forget about sharing the presentation with you — it’s secret. I asked them to share it. In fact, Apple’s energy [...]
Suntech Update: Still Alive, but Badly Injured
Suntech, once the globe’s solar panel leader, recently declared insolvency. Yingli has replaced Suntech as the global solar panel leader. We are watching Suntech’s “ambiguous bankruptcy” as the company struggles to survive or transform. China’s Suntech is looking for more time to restate its full-year 2012 financials while revealing that its 2012 revenue halved to [...]
The ‘New’ Energy Efficiency Industry
Today we’re announcing the official launch of our energy efficiency channel. Okay, so it’s not exactly “new.” It’s more of a re-launch. You’ve probably noticed our energy efficiency coverage for some time. We’re simply reminding our audience that we take energy efficiency very seriously. And more importantly, we see the industry moving in new dynamic [...]
The Smart Appliance Revolution Has Started
Whirlpool is taking a new step in bringing “smart,” digitally networked appliances into the mainstream — it’s actually putting them on sale. Over the past month or so, the Benton Falls, Mich.-based white goods giant has been selling a refrigerator, a dishwasher and a washer/dryer unit equipped with its 6th Sense Live technology, which allows [...]
In Focus: The Post-Subsidy Solar World
Let’s start out with a fact: the free market for energy is a myth. Every country uses subsidies in some way to encourage production and dictate consumption of different forms of energy. According to the International Monetary Fund, global post-tax subsidies for fossil fuels (which includes the external costs of pollution) amounted to $1.9 trillion in [...]
ABB Gobbles Up Inverter Firm Power-One
ABB acquiring Power-One (PWER), the number two global PV inverter company, for $1 billion is certainly a dramatic way to open Greentech Media’s Solar Summit starting today in Phoenix, Arizona. This breaking news comes a few weeks after Advanced Energy acquired REFUsol to become the number-three player in the PV inverter market. ABB already plays [...]