Tag Archives: ipo


Mercom Capital: Downstream dominates as solar investment levels rebound in Q3 2014

Mercom Capital: Downstream dominates as solar investment levels rebound in Q3 2014

While VC funding is up and a third yeildco IPO was held, Mercom’s Q3 report shows that the biggest sources of available capital in the solar industry are still Chinese banks. Mercom Capital has released its third quarter 2014 report on funding and mergers and acquisitions in the solar sector, which finds rising levels of


Vivint Solar CEO Greg Butterfield Glows Over Company’s Future

Vivint Solar Holdings Inc (NYSE: VSLR) priced its 20.6 million-share IPO at the high end of a $14 to $16 range this past Tuesday. On Wednesday, it opened for trading at $17.01 and has since drifted steadily lower to $13.75, where it closed on Friday. Chief Executive Officer Greg Butterfield isn’t concerned about the day-to-day minutiae of


Google + SunEdison = Residential Solar Installations

This morning (April 23) SunPower and Google announced that they partnered on a new, $250 million fund to finance rooftop solar arrays on homes across the U.S. While the tech giant has created funds to support home solar installations in the past, the fund with SunPower is primarily funded by the solar company and not the search


VC’s Focus on Energy Efficiency Companies

Venture capital firms that focus on cleantech are looking for the next big area to invest in, and they seem to have settled on smart grid, energy storage and other efficiency technologies. “We are going through a repositioning of cleantech,” Wal van Lierop, founder of Chrysalix Energy Venture Capital, told Bloomberg. “The big sectors –


SolarCity Goes Public

SolarCity (NASDAQ:SCTY) debuted on the public markets today. Earlier this week, it lowered the opening share price to $10 from the original $13-$15 range and trading so far has been at $10.49. The IPO has raised $92 million, much less than its original goal of $150 million. Read our background on the IPO and on SolarCity’s positioning and prospects:


The SolarCity IPO: Bringing Back Confidence to Renewable Energy Investors?

SolarCity, a solar panel installation and finance company, is one of the more promising stories for alternative energy investors this year. SolarCity filed details of its initial public offering (IPO) on Tuesday, making it one of the few alternative energy company IPOs that investors are optimistic about. This article explains what type of business SolarCity is,


SolarCity IPO: Before the End of 2012

There is a long list of withdrawn cleantech IPOs (BrightSource Energy, Elevance Renewable Sciences, Genomatica, Coskata, Fallbrook Technologies, Solyndra, and Smith Electric Vehicles). And while the list of actual cleantech IPOs (Tesla (TSLA), Enphase (ENPH), Kior, Gevo, Amyris, Codexis) is growing — the list of successful cleantech IPOs is not. SolarCity, the VC-funded and tax

Will Suntech Power Go Bankrupt?

The travails of China’s top solar panel manufacturer do not seem to stop with its credibility being hit by a new problem each day. Suntech has made massive management blunders in the past for which it is paying heavily today. The company which is reeling under billions of dollars of debt has restructured its management


Bloom Energy’s Valuation

Bloom Energy, the Silicon Valley fuel cell maker with an estimated $800 million in VC and backers like John Doerr, T.J. Rogers and Colin Powell, is on a short list of green technology startups voted most likely to IPO someday soon, though the company has remained consistently mum on the topic. But what’s the value


Saving Bankrupt Cities With Solar

Municipalities and county and local agencies all over the U.S. are beginning to discover solar can generate revenues. The City of Lancaster is putting teachers in classrooms and cops on the streets with money generated by its investment in solar. For cities facing the strains of these tough economic times, the news is even better:


Envision Solar Sees Middle East Potential

Envision Solar, which builds high-quality and architecturally stunning solar canopies, is expanding into the Middle East. The California company is partnering with Aconfort, a member of Al Habtoor Enterprises, to market its solar canopies in the United Arab Emirates, Qatar, Saudi Arabia and Spain. “I have lived and worked in the Middle East,” said Desmond


Energy Efficiency Financing: Where’s The Money?

Amongst the problems with energy efficiency upgrades is the little issue of money. Even though the projects will ultimately save a city, business or household money over the long haul, it’s tough to get people to invest the money upfront, if they even have it to begin with. Experts in the field often note that


Q2 Cleantech VC Declines

Venture capital invested in cleantech companies dropped a substantial 25% in the second quarter (Q2) from Q2 2011, and declined 14% from the first quarter of 2012, according to Cleantech Group. $1.6 billion less poured into companies worldwide than in Q1, in just 155 deals, compared to 197 in Q1. 92 of the 155 deals